Vehicle Production

Maruti Suzuki India on Monday reported an over two-fold rise in its vehicle production at 1,77,468 units in September 2022. The company had produced a total of 81,278 units in the same month last year. "The shortage of electronic components had a minor impact on the production of vehicles during the month," Maruti Suzuki India said in a regulatory filing. The company took all possible measures to minimise the impact, it said, however adding, as "production volume in September 2021 was adversely impacted due to shortage of electronic components, a year-on-year comparison may not be meaningful". Total passenger vehicles production was at 1,73,929 units last month. It was at 77,782 units in September 2022. Passenger cars production was up at 1,31,258 units as against 47,884 units in the same month a year ago. Utility vehicles production stood at 29,811 units during the period under review. The same was 21,873 units in September 2021, the company said. Production of light commercial

As the companies were working on improving the supply of semiconductors, the demand for PCs, and mobile phones, among other things, fell, now leaving these companies with excess inventory

The primary reason is the supply chain bottlenecks arising due to a shortage of semiconductors

Declining trend in royalty payment unlikely to cushion the fall

According to SIAM data, overall vehicle production in May declined by 57 per cent to 8,06,755 units

The U.S. automaker did not disclose the impact on volumes or say which supplier or parts were affected by the chip shortage, but said it intends to recover as much of the lost output as possible

Railtel's Rs 820-crore IPO opens on Tuesday. The offering is entirely an offer for sale by the government.

Consumers have stocked up on laptops, gaming consoles and other electronic products during the pandemic, leading to tight chip supplies

Shortage has affected entire auto sector, may continue for at least first half of 2021, says company; During April-December period of current fiscal, Ford's production was down 56% YoY

The auto major said it has put in place a comprehensive standard operating procedure (SoP) across its sales outlets and reinforced digital infrastructure for vehicle purchase amid COVID-19 pandemic

Vehicle sales across categories registered a decline of 19.08 per cent to 1,646,332 units from 2,034,597 units in January 2019, it said.

The auto industry has registered growth in production and sale of vehicles between April and October this year, as observed from the figures reported by the Society of Indian Automobile Manufacturers (SIAM).The industry produced a total 17,097,096 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-October 2017, as against 15,811,071 in April-October 2016, thus registering a growth of 8.13 percent over the same period last year.As per the SIAM data, the sale of passenger vehicles grew by 7.67 percent in April-October 2017 over the same period last year. Within the passenger vehicles, passenger cars, utility vehicle and vans grew by 4.72 percent, 16.95 percent and 2.86 percent respectively in April-October 2017 over the corresponding period last year.The overall commercial vehicles segment grew by 6.04 percent in April-October 2017 as compared to the same period last year. Medium and Heavy Commercial Vehicles (M&HCVs) ...