India: Leading automaker Maruti Suzuki records 7.9 pct decrease in August production
(MENAFN) India's leading automaker Maruti Suzuki recorded a 7.9-percent decrease in its August output to 113,937 units against 123,769 units in the very month of 2020.
The firm stated in its filing with the Bombay Stock Exchange on Wednesday that output volume of August was impacted because of electronic components shortage.
Previously, the Indian subsidiary of the Japanese Suzuki noted that it will witness a 60-percent decrease in output during September because of lack in supply of semi-conductors, which will be the second successive month of manufacture reduction because of chip shortage.
Effective Monday this week, the firm increased prices by USD102-305 on its first-rate models to beat the rise in a variety of input expenses.
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