Maruti Suzuki posts marginal increase in production in January 2022 amid electronic components shortage
In a regulatory filing, the auto major reported a total production of 1,61,383 units in last month as compared to 1,60,975 units in January 2021.
Maruti Suzuki India (MSI) said that it has witnessed a marginal increase in production last month.
In a regulatory filing, the auto major reported a total production of 1,61,383 units in last month as compared to 1,60,975 units in January 2021.
"The shortage of electronic components had a minor impact on the production of vehicles during the month," it has informed.
MSI said total passenger vehicle production stood at 1,57,668 units last month, against 1,56,439 units in January 2021.
Production of mini cars comprising Alto and S-Presso models stood at 23,321 units last month as compared to 27,665 units a year ago.
Also Read: Auto Sales January 2022: Maruti Suzuki sales dip 4% to 1,54,379 units
Manufacturing of compact cars, comprising WagonR, Celerio, Ignis, Swift, Baleno, and Dzire, rose to 87,165 units from 86,282 units earlier, MSI said.
Similarly, production of utility vehicles -- Gypsy, Ertiga, S-Cross, Vitara Brezza, and XL6 -- increased to 33,550 units last month from 29,199 units in the corresponding month of 2021.
The company reported a drop in the production of Eeco van at 10,587 units last month as compared to 11,769 units in January 2021.
MSI said production of its light commercial vehicle Super Carry declined to 3,715 units last month, as against 4,536 units in the year-ago month.
"The above production data also includes production from Suzuki Motor Gujarat Private Limited and vehicles manufactured for sale to other OEM," it has mentioned.
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.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
04:54 PM IST