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Maruti cuts production by 32% in March

INDIA's largest carmaker Maruti Suzuki India has decreased production by 32.05 per cent in March, according to a regulatory filing by the company.

The company produced a total of 92,540 units in March as against 1,36,201 units in the year-ago month, the auto major said.


Passenger vehicle production last month stood at 91,602 units as against 1,35,236 units in March 2019, a dip of  32.26 per cent, it added.

Production of mini and compact segment cars, including Alto, S-Presso WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 67,708 units as against 98,602 units in March last year, down 31.33 per cent.

Production of utility vehicles such as Vitara Brezza, Ertiga and S-Cross, however, declined by 14.19 per cent to 15,203 units as compared to 17,719 units a year ago.

Mid-sized sedan Ciaz saw its output go down to 2,146 units in March from 3,205 units in the same month last year.

Light commercial vehicle Super Carry's production declined to 938 units last month from 965 units in March 2019, the filing said.

In February, the automaker had cut its production by 5.38 per cent to 1,40,933 units.

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British Steel nationalisation

The UK government is expected to announce full British Steel nationalisation in the king’s speech

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Why the UK government is moving to fully nationalise British Steel after years of crisis

  • The UK government is expected to announce full British Steel nationalisation in the king’s speech.
  • British Steel’s Scunthorpe plant operates the country’s last remaining blast furnaces.
  • Rising losses, Chinese ownership tensions and fears over industrial security pushed the government towards intervention.

For decades, the giant blast furnaces towering over Scunthorpe stood as symbols of Britain’s industrial strength. Now, they are becoming symbols of something else entirely — the struggle to keep the country’s steel industry alive in a rapidly changing global economy.

The UK government is expected to formally move towards full nationalisation of British Steel in the upcoming king’s speech, marking another dramatic turn in the long and turbulent history of one of Britain’s most politically sensitive industrial businesses.

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