Maruti cuts output by 34% in August

Maruti Suzuki India, India’s top carmaker, has reduced its production by 33.99% in August, making it the seventh straight month that the country’s largest car maker reduced its output.

The company produced a total of 1,11,370 units in August as against 1,68,725 units in the year-ago month, it informed the BSE on Monday.

Passenger vehicle production last month stood at 1,10,214 units as against 1,66,161 units in August 2018, a fall of 33.67%.

Production of mini and compact segment cars including Alto, New WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 80,909 units as against 1,22,824 units in August last year, down 34.1%, the company told the stock exchanges.

Production of utility vehicles such as Vitara Brezza, Ertiga and S-Cross fell 34.85% to 15,099 units as compared with 23,176 units in the year-ago month.

Mid-sized sedan Ciaz saw its production reduced to 2,285 units in August from 6,149 units in the same month last year.

Light commercial vehicle Super Carry’s production was also trimmed to 1,156 units last month from 2,564 units in August 2018, the filing said.

In July, the automaker had cut its production by 25.15% at 1,33,625 units.

On Sunday, the company had reported a 33%plunge in total sales last month at 1,06,413 units as compared with 1,58,189 units in August 2018.

Maruti Suzuki India Limited