88.00 (0.54%) Maruti Suzuki India is recalibrating production of its upcoming model e VITARA due to the shortage of rare earth magnets. The company is looking to produce around 8,000 units of the model by September as against the earlier stated plan of rolling out over 26,000 units during the period.
The company however plans to make up for the production dip in the subsequent months with stated target to produce around 67,000 units of the model this fiscal.
Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.