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Maruti raises India production after 9 months of output cut

MARUTI Suzuki India (MSI) increased its production in November by 4.33 per cent, after having reduced output for nine straight months due to lower demand.

The company produced a total of 1,41,834 units in November as against 1,35,946 units in the year-ago month, MSI said in a latest regulatory filing.


Passenger vehicles' production last month stood at 1,39,084 units as against 1,34,149 units in November 2018, an increase of 3.67 per cent, it added.

Production of mini and compact segment cars, including Alto, new WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 1,02,185 units as against 95,883 units in November last year, up 6.5 per cent.

However, production of mini segment cars, such as Alto and S-Presso, fell to 24,052 last month, compared with 30,129 in the year-ago month.

Production of utility vehicles such as Vitara Brezza, Ertiga and S-Cross, however, increased by 18 per cent to 27,187 units as compared to 23,038 units a year ago.

Mid-sized sedan Ciaz saw its output rise to 1,830 units in November from 1,460 units in the same month last year.

Light commercial vehicle Super Carry's production increased to 2,750 units last month from 1,797 units in November 2018, the filing said.

In October, the automaker had cut its production by 20.7 per cent to 1,19,337 units.

Similarly, in September the automaker reduced its production by 17.48 per cent to 1,32,199 units.

(PTI)

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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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