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Maruti Suzuki India has cut vehicle production by over 18 percent in May. It is the company’s fourth consecutive month of taking a production cut. The company has produced a total of 1,51,188 units in May, including Super Carry LCV, down 18.1 percent from 1,84,612 units in the year-ago month.
The company has slashed production of passenger vehicles, including Alto, Swift and Dzire, by 18.88 percent to 1,48,095 as compared to 1,82,571 units in May 2018. The company cut production of mini segment vehicles by 42.29 percent to 23,874 units last month as against 41,373 units in the year-ago period.
The company has also slashed production of compact segment cars by 9.54 percent to 84,705 units in May from 93,641 units in the corresponding month of last year. Production of utility vehicles also witnessed a decline of 3.21 percent to 24,748 units, as against 25,571 units in May last year.
Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles, and vans. The firm also offers pre-owned car sales, fleet management, and car financing services.