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Maruti Suzuki production jumps over three-fold in May

New Delhi: The country's largest automaker, Maruti Suzuki India (MSI), said it has witnessed more than triple increase in production last month. In a regulatory filing, the major automaker reported total production of 164,859 units last month compared to 40,924 units in May 2021 as it sees promising signs to overcome a prolonged shortage of chips.

The global semiconductor or chip crisis that has crippled the auto industry for nearly two years is showing initial signs of relief around the world.

"The lack of electronic components had a slight impact on vehicle production during the month," the automaker said. However, it also indicated that the production numbers for May 2022 cannot be compared to the numbers for May 2021, as the company's operations in May 2021 were significantly affected by the disruptions related to COVID-19.

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MSI said total passenger car production totaled 160,459 units last month, up from 40,628 units in May 2021.

Production of small cars that includes the Alto and S-Presso models was 26,199 units last month, compared to 4,896 units the year before.

MSI said production of compact cars, which includes WagonR, Celerio, Ignis, Swift, Baleno and Dzire, rose to 84,810 units from 25,130 units earlier.

Similarly, production of utility vehicles (Gypsy, Ertiga, S-Cross, Vitara Brezza and XL6) rose to 36,941 units last month from 9,106 units in the corresponding month of 2021.

The company reported an increase in Echo pickup production by 10,692 units last month, compared to 962 units in May 2021.

MSI said production of its Super Carry light commercial vehicle jumped to 4,400 units last month, up from 296 units in the year-ago month.

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