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Maruti Suzuki cuts production by 32% in March
short by Anushka Dixit / on Wednesday, 8 April, 2020
India's largest carmaker Maruti Suzuki has cut production by 32.05% in March, producing 92,540 units compared to 1,36,201 units in March 2019. Production of passenger vehicles also fell by 32.26% to 91,602 units as against 1,35,236 units last year. Notably, Maruti Suzuki India's share price rose 8% intraday on Wednesday despite the announcement of fall in production.