Tag: Suzuki

Mitsubishi cuts output by another 16,000 vehicles on chip crunch

TOKYO — Mitsubishi Motors will slash output by 16,000 units worldwide in May, the Japanese automaker said Friday, after a factory fire at key supplier Renesas Electronics squeezed the already tight global supply of automotive semiconductors. Mitsubishi will eliminate 11 shifts next month, mainly night hours, at its Mizushima plant in Japan, which produces kei minicars and the RVR sport utility vehicle. The… Continue reading Mitsubishi cuts output by another 16,000 vehicles on chip crunch

Sharda Motor Industries shuts down manufacturing unit at Greater Noida

The filing added that the production and supply facility for Mahindra & Mahindra are being shifted to Nasik unit in Maharashtra. New Delhi: Automobile parts maker, Sharda Motor Industries Ltd on Monday said it has shut a manufacturing unit at Greater Noida from where it supplied canopies to Maruti Suzuki and Mahindra & Mahindra. The… Continue reading Sharda Motor Industries shuts down manufacturing unit at Greater Noida

Hyundai reveals Alcazar premium SUV

Hyundai Motor India remains strongly bullish on the SUV segment. The carmaker which registered a smart uptick in the UV segment in FY2021 with products including the new Creta and Venue, is gunning for more growth in the category. It is now revealed its latest salvo at India’s booming SUV market: the Alcazar. The seven-seat… Continue reading Hyundai reveals Alcazar premium SUV

Subaru cuts output by 10,000 vehicles over chip shortage

TOKYO — Subaru will reduce vehicle production by about 10,000 autos at a Japanese assembly plant as the industry struggles with a shortage of chips. The Yajima plant in Gunma Prefecture, which builds models including the Outback and Forester, will suspend operations starting Saturday. One line will be idled for 13 workdays, and the other… Continue reading Subaru cuts output by 10,000 vehicles over chip shortage

Top Automotive Industry News for Week of March 22 – March 28, 2021

Here is the most important news associated with the automotive industry identified by the AEA for the week of March 22, 2021 – March 28, 2021. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Executives Association (AEA) News- The AEA is excited to open our unique… Continue reading Top Automotive Industry News for Week of March 22 – March 28, 2021

Suzuki to halt auto production at two plants in central Japan

TOKYO — Suzuki Motor will temporarily halt production at two of its three auto plants in Japan due to a shortage of semiconductors, Nikkei has learned, a sign of the growing headache the supply squeeze is causing the industry. The decision comes amid continuing shortages of computer chips, as well as concerns over delays in procuring some parts. The Japanese automaker… Continue reading Suzuki to halt auto production at two plants in central Japan

PV sales set to grow in FY2022 but will still be a ‘catch up’ year

The financial year that just ended saw the domestic passenger vehicle market still driving in negative territory with a fall of a little over 2 percent in sales volume. But the financial year that has just started is expected to see it drive into growth territory, at a fairly healthy pace. Investment information and credit… Continue reading PV sales set to grow in FY2022 but will still be a ‘catch up’ year

R C Bhargava: ‘Industry will require several government policy initiatives to reach sustainable double-digit growth.’

In a comprehensive interview, industry veteran and Chairman of Maruti Suzuki India, R C Bhargava speaks on the industry’s role in propelling India ahead, Maruti Suzuki’s strategies to remain successful, why electrification is not a strong case for India yet, and more.      Would you say the most important announcement in the 2021 Union Budget,… Continue reading R C Bhargava: ‘Industry will require several government policy initiatives to reach sustainable double-digit growth.’