Maruti Suzuki Raises Production In November After 9 Months Of Output Cuts
Maruti Suzuki India Ltd. increased its production in November by 4.33 percent, after having reduced output for nine straight months due to lower demand.
The company produced a total of 1.41 lakh units in November as against 1.35 lakh units in the year-ago month, Maruti Suzuki said in a regulatory filing.
Passenger vehicles’ production last month stood at 1.39 lakh units as against 1.34 lakh units in November 2018, an increase of 3.67 percent, it added.
Production of mini and compact segment cars, including Alto, new WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 1.02 lakh units as against 95,883 units in November last year, up 6.5 percent. However, production of mini segment cars, such as Alto and S-Presso, fell to 24,052 last month, compared with 30,129 in the year-ago month.
Production of utility vehicles such as Vitara Brezza, Ertiga and S-Cross, however, increased by 18 percent to 27,187 units as compared to 23,038 units a year ago.
Mid-sized sedan Ciaz saw its output rise to 1,830 units in November from 1,460 units in the same month last year.
Light commercial vehicle Super Carry's production increased to 2,750 units last month from 1,797 units in November 2018, the filing said.
In October, the automaker had cut its production by 20.7 percent to 1.19 lakh units.
Similarly, in September the automaker reduced its production by 17.48 percent to 1.32 lakh units.