ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • RBI extends implementation of card tokenisation norms by 3 months; deadline extended till 30 September
  • EXCLUSIVE: 'Noida International Airport at Jewar to be jewel in crown of Indian aviation sector' - Know what all is coming up at
  • D-Street Corner: Market gains 2.7% in highly volatile week, investors richer by 5.5 lakh cr; what should investors do on Monday?
  • Sebi allows UPI payment option to invest in public issues of REITs, InvITs with effect from 1 August
  • Netflix lays off 450 employees in two months—Here's what's bothering OTT giant
Read in App
Business News » Automobile News

Maruti Suzuki cuts production by around 10 pct in April

The company cut production of the compact segment vehicles marginally to 83,411 units last month as compared with 83,709 units in the year-ago period. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Maruti Suzuki cuts production by around 10 pct in April
Production of utility vehicles witnessed an increase of 8.4 per cent to 24,516 units in April. Photo: Reuters

The country's largest car maker Maruti Suzuki India (MSI) Thursday said it has slashed its vehicle production by around 10 per cent across its factories in April. It is the company's third consecutive month of taking a production cut. It had also reduced production in February and March this year. The auto major produced a total of 1,47,669 units in April, including Super Carry LCV, down 9.6 per cent from 163,368 units in the year-ago month, it said in a regulatory filing. The company cut production of passenger vehicles, including Alto, Swift and Dzire, by 10.3 per cent to 1,44,702 units as compared with 1,61,370 units in April 2018.

Barring utility vehicles, the company reduced production of all other segments including that of its big selling compact and mini segments last month. The company cut production of the compact segment vehicles marginally to 83,411 units last month as compared with 83,709 units in the year-ago period. MSI also slashed production of compact segment cars by 11.4 per cent to 1,06,184 units in April as compared with 1,19,894 units in corresponding month of last year. Production of utility vehicles witnessed an increase of 8.4 per cent to 24,516 units in April, as against 22,607 units in April last year.

The company said production of vans declined by 25.8 per cent to 10,688 units last month as compared with 14,407 units in April 2018. In March, MSI had reported a production cut of 20.9 per cent across its factories. In February, the company had cut production by over 8 per cent to 1,48,959 units from 1,62,524 units produced in the year-ago month.

MSI's installed manufacturing capacity at its two plants in Gurgaon and Manesar stands at 15.5 lakh units per annum. Besides, the Suzuki-owned Hansalpur (Gujarat) plant also has an installed capacity of 2.5 lakh units from the first line. The second production line has been commissioned at the plant, but is yet to reach its peak capacity of 2.5 lakh units per annum. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Maruti Suzuki
Written By: PTI
Updated: Thu, May 09, 2019
04:04 pm
New Delhi, PTI
RELATED NEWS
 Toyota, Suzuki to deepen partnership for production, net-zero commitments in India Toyota, Suzuki to deepen partnership for production, net-zero commitments in India
Auto Sector may see double digit Growth in FY23; This analyst recommends Bajaj Auto, Hero Motocorp, others Auto Sector may see double digit Growth in FY23; This analyst recommends Bajaj Auto, Hero Motocorp, others
Maruti Suzuki new Brezza bookings open; to be launched at month-end Maruti Suzuki new Brezza bookings open; to be launched at month-end
Maruti invests Rs 2 crores in AI startup Sociograph Solutions Maruti invests Rs 2 crores in AI startup Sociograph Solutions
Pick up in PV sales, return of product lifecycle to drive Maruti Suzuki stock price; brokerages see up to 30% upside in one year Pick up in PV sales, return of product lifecycle to drive Maruti Suzuki stock price; brokerages see up to 30% upside in one year

LATEST NEWS

Indian markets should start its journey upward by October – know why? Analyst lists out 4 reasons

BharatNCAP: Government proposes to implement vehicle safety rating, issues draft notification

How has technology changed the face of investing and what lies ahead? Analyst decodes

Sebi allows UPI payment option to invest in public issues of REITs, InvITs with effect from 1 August

Ola Electric crosses Rs 500 cr revenue in April-May

Money Guru: How to plan investment in an uncertain market? When is the right time to make a new investment?

This Mukul Agrawal textile stock may grow over 52% on strong export outlook and government initiatives

RBI exploring options to ensure customer safety dealing with PPIs issued by non-bank entities

Government extends levy of GST compensation cess till March 2026, finance ministry issues notification

iOS users can now securely save their passwords in Chrome

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV