Maruti Suzuki cuts production by 10% in April for third consecutive month

Maruti Suzuki India

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.



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel