At the fundamental level, analysts say the government's move to slash corporation tax rate from 35 per cent to 25.2 per cent (including surcharge) augurs well for India Inc
The lower prices will be effective immediately on models such as Alto 800, Alto K10, Swift (diesel), Celerio, Baleno (diesel), Ignis, Dzire (diesel), Tour S (diesel), Vitara Brezza and S-Cross
The new prices will be applicable from today across the country
Maruti Suzuki India (MSI) on Saturday said it will launch mini SUV S-Presso later this month, coinciding with the start of the festive season. The company said the indigenously conceived, designed and developed vehicle is made for India as well as the world. "Our internal research suggests that the criteria of buying a car for the youth, apart from affordability, acquisition cost and maintenance, now also include design and aesthetics," MSI Executive Director (Marketing & Sales) Shashank Srivastava said in a statement. With S-Presso, the company will offer a premium, feature-rich car that will disrupt the entry car segment in the country, he added. MSI Senior Executive Director (Engineering) C V Raman said the company has always developed new segments and cars to match the changing needs, tastes and lifestyles of customers. "Designed in-house by Maruti Suzuki, S-PRESSO marks a big shift in the way compact cars are created and crafted in India. Its design language is inspired from
Maruti Suzuki drives a purpose-led campaign for its 15-year-old hatchback, hopes to keep its premium positioning with a younger set of car buyers
Strategy will help expand reach, deploy surplus cash
Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, fell 23.9% at 54,274 units as against 71,364 cars in August last year.
Maruti Suzuki India is currently testing a fleet of 50 prototype EVs based on WagonR model platform developed by Suzuki Motor Corporation in Japan
This is one of the nicest engines in the market - it's smooth, refined and has a peppy low-end character
Through deepening partnership with Maruti, Toyota in India will be able to draw buyers
The automobile sector accounts for 49 per cent of India's manufacturing gross domestic product.
Toyota, Hyundai halt production; auto part makers Denso, Bellsonica cut 350 jobs each.
The new model is powered by a 1.5 litre petrol engine coupled to a progressive smart hybrid system that features a lithium-ion battery
The XL6 will be available in five-speed manual and 4-speed automatic transmission options
The hybrid cars are 25% to 30% more efficient and will help reduce oil imports
Maruti chairman R C Bhargava wants the government to reduce taxes to help the automobile industry
Leader in the car market, Maruti is encouraged by government plans to expand the network of CNG filling stations
The firm witnessed a sharp rise in overall expenses as a result of an increase in raw material and depreciation and amortisation costs
However, it is still on better terrain than competitors, say analysts
The new bike is also equipped with a freshly designed instrument cluster and distinctive front and rear combination LED headlights