INSUBCONTINENT EXCLUSIVE:
Automakers globally have been forced to make sharp production cuts this yearMaruti Suzuki India said on Tuesday vehicle production at two of
its manufacturing locations in the country could be around 80% to 85% of normal capacity in December due to the ongoing semiconductor
shortages.The country's biggest carmaker said in a filing to the stock exchanges that it expects the crunch's adverse impact on total
vehicle production volumes in the state of Haryana and at its contract manufacturing company in Gujarat.Automakers globally have been forced
to make sharp production cuts this year as supply chain disruptions and booming demand for consumer electronics have led to an acute
shortage of semiconductors.Maruti's latest production warning is the third one in less than six months, with the company flagging similar
output falls in September and October.The carmaker is also tackling a hit from rising input costs, and has announced price hikes across
models several times this year
