Maruti Suzuki could not produce 51k units due to chip shortage in Q1: CFO

Maruti Suzuki could not produce 51,000 units in the April-June quarter owing to the ongoing chip shortage situation, according to a senior company official.

The country’s largest carmaker, which sold a total of 4,67,931 vehicles during the June quarter, noted that the semiconductor shortage is a challenge in planning its production activities.

“The electronics component shortages are still limiting our production volumes. In this quarter (Q1), the company could not produce 51,000 vehicles,” Maruti Suzuki India (MSI) CFO Ajay Seth said in an analyst call.

Limited visibility on availability of electronics components is a challenge in planning our production, he stated.