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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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Bangladesh orders 25 Boeing aircraft as part of US tariff deal

Highlights
  • Bangladesh orders 25 Boeing wide-body aircraft, first delivery expected in 2029.
  • Biman Bangladesh Airlines evaluating additional offers from Boeing and Airbus.
  • Deal part of broader US trade agreement reducing tariffs from 37 per cent to 20 per cent.


Bangladesh has ordered 25 wide-body aircraft from Boeing as part of a tariff agreement with the United States, a senior commerce ministry official confirmed on Thursday, whilst the country evaluates competing proposals from European manufacturer Airbus.

"We made a commitment and ordered 25 wide-bodies, and we expect to receive the first one in 2029," official Mahbubur Rahman told AFP. "It's part of the tariff deal with the US."

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