Rare earth magnet crunch hits Maruti's e-Vitara production...

Dununu.com Dununu

Commandité

Rare earth magnet crunch hits Maruti's e-Vitara production plan

RSS Feed Business

Posté

92

Maruti Suzuki will reduce e-Vitara production. The company faces rare earth magnet supply issues from China. Initial production will be lower than planned. Maruti Suzuki plans to manufacture around 8,000 units in the first half of the fiscal year. The company is also re-calibrating production plans for other models. Maruti Suzuki seeks government help to resolve the magnet supply issue.

Read Full Article

Connectez-vous pour aimer, partager et commenter!

Did you know Lionel Messi never went to college: He chose football over higher education at 17

Par 0 3

TCS in spotlight over job cuts: Karnataka government seeks explanation; 12,000 layoffs, work hour worries raise alarm

Karnataka's Labour Minister, Santosh Lad, has requested clarification from TCS about its plan to...

Par 0 6

Adani Power Q1 results: Net profit falls 16% to Rs 3,305 crore; revenue declines on lower tariffs and higher costs

Adani Power's net profit decreased to Rs 3,305 crore in the April-June quarter. Revenue also saw...

Par 0 6

India’s manufacturing growth hits 16-month high: PMI for July jumps to 59.1; sales, output surge despite confidence level dip

India's manufacturing sector surged to a 16-month high in July, reaching 59.1, fueled by robust...

Par 0 6

'Baseless allegations': Election Commission rejects Rahul Gandhi’s 'vote theft' claims; asks officials to ignore 'such baseless allaegation'

Par 0 10