Maruti Suzuki Cuts Production For Sixth Month In A Row
Maruti Suzuki India Ltd. cut its production in July by 25.15 percent, making it the sixth month in a row that the country’s largest carmaker reduced its output, according to a regulatory filing.
The company produced a total of 1.33 lakh units in July, compared with 1.78 lakh units in the year-ago month, it said in a filing with the BSE.
Passenger vehicles’ production last month stood at 1.3 lakh units as against 1.7 lakh units in July 2018, a decline of 25.6 percent, it added.
Production of mini and compact segment cars, including Alto, New WagonR, Celerio, Ignis, Swift, Baleno, Dzire, stood at 95,733 units as against 1.27 lakh units in July last year, down 25 percent.
Utility vehicles such as Gypsy, Vitara Brezza, Ertiga and S-Cross saw reduced production at 19,464 units as against 24,718 units in the year-ago month, down 21.26 percent.
Mid-sized sedan Ciaz saw its production reduced to 3,497 units in July from 7,115 units in the same month last year.
Light commercial vehicle Super Carry production was also trimmed to 2,724 units last month from 3,077 units in July 2018, the filing said.