VW Group steeply cuts production at Pune plant

Mumbai, November 26

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European car major Skoda Auto Volkswagen, which is on a revival bid after the reorganisaiton of its multiple business units here under one umbrella brand, has been cutting production in a phased manner at its Chakan plant to align demand with supply.

In a statement on Tuesday, the company said it is preparing for new offerings under the India 2.0 project, which seeks to strengthen its presence at an investment of around Rs 8,000 crore and with an India specific product platform, the MQB-AO-IN.

“We are preparing for the next generation products within the India 2.0 project. Several upgrades are in progress to accommodate changes in production lines for the new platform,” the company said.

The statement came in response to queries whether it is shutting down production for a month at its Chakan plant as the industry is fighting a major slump and also falling exports. “We are systematically planning our non-production days to sustainably meet our customer deliveries without any delays,” it said without giving specifics. — PTI