India's taxes on hybrid cars range as high as 43%, compared to the low rate of 5% for EVs, which also stand to benefit from billions of dollars in incentives to companies that build them domestically
Grand Vitara will go on sale in September with prices expected to start at Rs 9.5 lakh
Priced around Rs 5.7-8.05 lakh, the mini SUV will vie with the Punch, Magnite and Ignis
On July 1, shares of RIL crashed over 7 per cent, following the government imposing windfall taxes on domestic crude oil production and fuel exports
Analysts expect companies to fare better in the September quarter (Q2 FY23) as moderation in prices of raw materials starts having an impact
Maruti Suzuki is also focusing on growing its sport utility vehicle portfolio and the market share in that segment
Automaker Maruti Suzuki India Ltd will phase out vehicles that run completely on petrol in seven to ten years, the Economic Times newspaper reported on Monday, citing a senior executive
'Compliance with the central motor vehicle rules will suffice,' he clarified
Battery electric vehicles, CNG cars and greater focus on ethanol and bio-CNG compliant engines would also be prioritised going ahead
However, if sales of Baleno and Brezza models to Toyota Kirloskar and of LCV Super Carry are included, the dispatches were up from 130,348 units a year ago to 132,024 units last month
The price starts at Rs 7.99 lakh for the base variant and goes up to Rs 13.96 lakh for the top variant
Cars will be across all price segments in a market where company's rivals have lead
Business Standard brings you the top headlines on Thursday
Maruti Suzuki India launched new version of its compact SUV Brezza, with a price starting from Rs 7.99 lakh (ex-showroom) as it seeks to strengthen its presence in the SUV segment
The second-generation Maruti Suzuki Brezza 2022 will be available in manual and automatic transmission options, priced between Rs 7.99 lakh and Rs 13.96 lakh
India's shift to electric vehicles is also much slower than other major markets like China and the US even though PM has committed to making India a net-zero carbon-emitting nation by 2070
The exposure of debt mutual fund (MF) schemes to certificates of deposit (CDs) issued by banks has more than doubled in the past year
Krishnamurthy was the founder chairman of Maruti Udyog Ltd and is known for working behind the introduction of the iconic Maruti 800
Says if buyers want BNCAP rating, they'll be charged for it
The peak festive season, which starts from Navratri and ends with Diwali, is critical for auto companies and accounts for a fifth of their annual sales