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5 big news from the world of economics: Maruti Suzuki’s production fell by 8 percent in August and Oppo files lawsuit against Nokia

Maruti Suzuki India on Wednesday reported an 8 per cent decline in its automobile manufacturing in August amid a extreme scarcity of semiconductors within the car business. A regulatory submitting of the corporate mentioned that the corporate produced a complete of 1,13,937 models final month as in comparison with 1,23,769 models in August 2020.

Within the sub-segment of mini vehicles, which incorporates S-Presso and Alto fashions, the automaker produced 20,332 models in the course of the reporting interval as in opposition to 22,208 models in the identical interval final 12 months. The sub-segment of compact vehicles comprising WagonR, Celerio, Ignis, Swift, Baleno and DZire noticed the sharpest decline in manufacturing from 67,348 models in August 2020 to 47,640 models in August 2021.

With enter from IANS


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