The stock was down 2% to Rs 5,911, its lowest level since March 9, 2017.
The company had sold 1,72,512 units in May 2018, Maruti Suzuki India (MSI) said in a statement
The maker of the bestseller Baleno and Brezza has guided for a weak fiscal 2020 on back of disruption that is expected with the switch to the stricter emission norms from 1 April 2020
Maruti Suzuki India (MSI) Thursday said it has earmarked a capex of Rs 4,500 crore for the current fiscal. The investment will go into various initiatives, including new product development, R&D and land acquisition for sales network, MSI CFO Ajay Seth told reporters here. MSI had earmarked a capex of Rs 4,000 crore for 2018-19.
Earlier this week, Maruti Suzuki India had launched the model with BS VI emission norms compliant 1.2 petrol engine, priced between Rs 5.58 lakh and Rs 8.9 lakh
The auto major produced a total of 1,36,201 units in March, including Super Carry LCV, down 20.9 per cent from 1,72,195 units in the year-ago period, it said in a regulatory filing
This would be Ayukawa's third three-term as MD and CEO of MSI
The company's total production combined with that of parent Suzuki will cross 20 lakh units by 2020 when the third unit in Gujarat goes on-stream
The country's largest carmaker turns endorsement strategy on its head, using celebrities as the face of its sales channels instead of its products
The company has not set any timeline for shifting the plant and the focus right now is to locate a good land parcel
In preparation for the transition to BS-VI emission norms, MSI will stop production of a majority of its BS-IV models by Dec 2019
India's largest carmaker Maruti Suzuki India (MSI) launched an the next-gen Ertiga on Wednesday. Designed specially for India, Maruti Suzuki has sold over 42000 units since its launch in 2012
The stock has added Rs 159.455 billion in market valuation in two days to reach Rs 2.15 trillion
Maruti Suzuki India (MSI) Tuesday said its premier crossover model S-Cross has achieved 1 lakh cumulative sales milestone. "S-Cross has clocked over 16 per cent market share in its segment and has helped us delight customers looking for a premium offering from Maruti Suzuki," R S Kalsi, senior executive director, Marketing & Sales, MSI said in a statement. The company retails S-Cross from more than 329 NEXA sales outlets across the country covering over 186 cities.
The company's entry-level car Alto topped the list, selling 22,237 units in August
Owners of the cars being recalled will be contacted by Maruti Suzuki dealers for inspection and replacement of the faulty part free of cost
This will take Maruti Suzuki India's total production capacity to over 2.25 million units each year
The stock dipped 2.5% to Rs 8,721, falling 5% from its intra-day high of Rs 9,142 on the BSE.
Maruti Suzuki India is expected to formally launch the sales channel later this financial year
Domestic sales increase 5% to 140,600 units as compared to 133,934 units in January 2017