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Business & Economy Current Affairs November 2nd Week 2019
Category : Economy Current Affairs
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India Yamaha Motor launches BS-VI compliant variants of bikes:

India Yamaha Motor (IYM) launched BS-VI compliant variants of FZ-FI and FZS-FI bikes, priced between ?99,200 and ?1.02 lakh ex-showroom. The company will further announce the launch of other BS-VI compliant line-ups in the coming time. The new FZ-FI and FZS-FI BS-VI versions come with various features like single-channel ABS in the front wheel, front, and rear disc brakes along with a single piece two-level seat. Yamaha reveals from its new product line-up, the BS-VI compliant FZ motorcycles will be available across Yamaha showrooms from November 2019.

Maruti Suzuki India cuts production for 8th straight month in October:

Maruti Suzuki to cut its production for the 8th consecutive month. The company`s total vehicle production last month stood at 119,337 units against 150,497 in October last year. The production of passenger vehicles down 117,383 units from 148,318 in October last year, while Van produced slipped nearly by half from 13,817 in October 2018 to 7,661 last month. The segment has models such as Alto, S-Presso, Old WagonR. These models like New WagonR, Celerio, Ignis, Swift, Baleno, OEM Model, Dzire, the number of units produced last month was 64,079 from 74,167 in the corresponding month last year.

Maruthi Suzuki:

 

Maruti sold a total of 1,44,277 units (inclusive of OEM sales) during October 2019 in the domestic market, recording a 4.5 percent growth over the same month a year ago.