Auto market leader announced in June it was exiting diesel segment
Maruti Suzuki India (MSI) increased its production in November by 4.33 per cent, after having reduced output for nine straight months due to lower demand
Production of utility vehicles such as Vitara Brezza, Ertiga and S-Cross increased by 18 per cent to 27,187 units as compared to 23,038 units a year ago
In a regulatory filing, the company said: "A possible defect may have occurred in the MGU during manufacturing by an overseas global part supplier"
Other car manufacturers such as Toyota, Mahindra & Mahindra and Mercedes-Benz said they are also contemplating a similar move
Maruti Suzuki India on Tuesday said it will increase prices of its vehicles from January to offset rising input costs
Maruti Suzuki reported sales of 150,630 passenger vehicles in the domestic market in November, down 1.9 per cent over 153,539 units in the corresponding month last year
Domestic sales declined by 1.6 per cent at 143,686 units last month as against 1,46,018 units in November 2018
Rural market contributes 40% sales for India's top carmaker, up from 7-8% 10 years back
Maruti Suzuki India (MSI) on Tuesday said its popular entry level small car Alto has crossed 38 lakh sales milestone. Launched in 2000, Alto crossed the 10 lakh sales mark in 2008 and in 2012 it reached the 20 lakh milestone. In 2016, the model crossed 30 lakh sales, the company said in a statement. It has been India's best-selling car for 15 consecutive years, Maruti Suzuki added. "Alto has been the preferred choice for entry car buyers due to several factors like its compact design, easy maneuverability, high fuel efficiency, updated safety features etc, while maintaining the affordability," MSI Executive Director (Marketing & Sales) Shashank Srivastava said. This year the company introduced BS6 compliant version of the Alto with a fuel efficiency of 22.05 km/litre, adding safety features such as air bags, anti-lock braking system (ABS) and electronic brake force distribution system (EBD), reverse parking sensor, speed alert system and seat belt reminder for both driver and ...
Production of mini and compact segment cars, including Alto, New WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 85,064 units
India's auto sector has gone into a tailspin this year as tight liquidity at shadow banks, high taxes and a weak rural economy have sapped consumers' buying power
Maruti will set up its vehicle dismantling and recycling unit in Noida, Uttar Pradesh within 2020-21 and will add more such units across India
The country's largest car maker Maruti Suzuki India (MSI) remains 'cautiously optimistic' over sales prospect going ahead as many of the challenges that led to slowdown in the auto industry still exist, a senior company official has said. The company, which posted a growth in domestic passenger vehicle sales after seven months in October, said it would take at least few more months to get clarity if the industry is finally on a revival path. "We are cautiously optimistic. The reason why we are cautious is that we do not have a crystal ball. Many of the factors like high cost of acquisition, confusion related to BS-IV and BS-VI, issues related to finance norms and liquidity etc, continue to be there," MSI Executive Director (Marketing & Sales) Shashank Srivastava told PTI. He was replying to a query whether October sales were an indication of revival of the industry which has been grappling with demand slowdown for almost a year now. "We are optimistic a little bit because the ...
Domestic sales also grew 4.5 per cent to 1,44,277 units last month as against 1,38,100 units in October 2018
Negative operating leverage, driven by a sharp fall in volumes, weighed on profitability
During the quarter under review, Maruti Suzuki outperformed the benchmark indices at the bourses
The new rates for the model are applicable from immediate effect
The S-Presso comes in four trim levels, from standard to the top end VXI+. It isn't quite a stunner, but does have its share of distinctive SUV design elements
Car and auto component makers have cut thousands of jobs and halted some production