MUMBAI: India's Bajaj Auto may cut production as it sees a slowdown in motorcycle sales after the current fetival season, an executive director said on Thursday.
"We are preparing for a slowdown. This is the festive season, so demand is high but product rationalisation may happen from mid- November," Sanjiv Bajaj told reporters at a conference. "Production cut is not a bad word for us." Bajaj also said the company was extending credit directly to dealers and making faster payments to suppliers amid tight liquidity in the financial system. N.Sukumar Research Analyst www.kences1.blogspot.com --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
