Maruti Suzuki cuts production by 25% in July, sixth month in a row
Highlights
- Maruti produced a total of 1,33,625 units in July, compared with 1,78,533 units in the year-ago month
- Passenger vehicles' production last month stood at 1,30,541 units as against 1,75,456 units in July 2018, a decline of 25.6 per cent
(Representative image) NEW DELHI: Maruti Suzuki India cut its production in July by 25.15 per cent, making it the sixth month in a row that the country's largest car maker reduced its output, according to a regulatory filing.
The company produced a total of 1,33,625 units in July, compared with 1,78,533 units in the year-ago month, Maruti Suzuki India (MSI) said in a BSE filing.
Passenger vehicles' production last month stood at 1,30,541 units as against 1,75,456 units in July 2018, a decline of 25.6 per cent, 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 1,27,715 units in July last year, down 25 per cent.
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 per cent.
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.
The company produced a total of 1,33,625 units in July, compared with 1,78,533 units in the year-ago month, Maruti Suzuki India (MSI) said in a BSE filing.
Passenger vehicles' production last month stood at 1,30,541 units as against 1,75,456 units in July 2018, a decline of 25.6 per cent, it added.
Crisis in auto sector deepens with 3,50,000 lay offs since April: Report
Slumping sales of cars and motorcycles are triggering massive job cuts in India's auto sector, with many companies forced to shut down factories for days, sources said. The cull has been so extensive that one industry source said that initial estimates suggest that automakers, parts manufacturers and dealers have laid off about 3,50,000 workers since April.
Production of mini and compact segment cars, including Alto, New WagonR, Celerio, Ignis, Swift, Baleno, Dzire, stood at 95,733 units as against 1,27,715 units in July last year, down 25 per cent.
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 per cent.
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.
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