Page 2 - Maruti

Virtus review: VW's sleek, good-looking sedan takes on underserved segment

Virtus bets big on price, local content and design

Maruti to recall 19,791 Eeco units to rectify marking of wheel rim size

The recall is being undertaken to inspect and rectify incorrect marking of wheel rim size, if any, on the wheel in some of these vehicles, it added

SIAM requests GoI to include auto spares in Line of Credit to Sri Lanka

India has recently announced $1-bn line of credit to Sri Lanka to help the country tide over the current economic crisis

Maruti wants sub-brand Nexa to contribute a larger share of the top line

Historically, Maruti's biggest advantage has been understanding what customers want

Maruti Suzuki reports total production of 169,692 units in February

Maruti Suzuki India on Wednesday said its production witnessed a marginal increase last month. In a regulatory filing, the auto major reported total production of 1,69,692 units in February, compared to 1,68,180 units in the same month last year. "The shortage of electronic components had a minor impact on the production of vehicles during the month," it added. MSI said total passenger vehicle production stood at 1,65,672 units last month, against 1,65,783 units in February last year. Production of mini cars comprising Alto and S-Presso models stood at 24,285 units last month, compared to 28,213 units a year ago. Manufacturing of compact cars, comprising WagonR, Celerio, Ignis, Swift, Baleno and Dzire, however, increased to 95,968 units from 91,091 units in February 2021, MSI said. Production of utility vehicles -- Gypsy, Ertiga, S-Cross, Vitara Brezza and XL6 -- increased to 33,191 units last month from 32,501 units in the corresponding month of 2021. The company reported a dro

New year cheer for indices! Sensex above 59K, up 929 pts; Nifty atop 17,600

The gains came even as India's manufacturing activity lost some momentum in December, with the Manufacturing PMI easing to a three-month low of 55.5

Avoiding diesel, Maruti to focus on making petrol cars more fuel-efficient

Maruti Suzuki ruled out getting back into diesel segment as it believes sale of such vehicles would further come down with the onset of the next phase of emission norms in 2023

Stocks to Watch: Bajaj Auto, Axis Bank, ITC, Maruti, L&T, SBI Life, Cipla

The broader markets may swing to the global cues, while individual stocks are likely to react to corporate earnings and company specific developments in trade today

Chip shortage, rising input costs: Auto stocks may remain underperformers

To counter the rise in input costs, Maruti plans to hike prices across-the-board from September, making it the fourth such increase this year

Maruti Suzuki's Q1 PAT may slip up to 32% QoQ, say analysts

Analysts estimate the income to rise in the range of 340 to 353 per cent year-on-year (YoY) and decline 22 to 25 per cent QoQ, up to Rs 18,619 crore

Maruti Suzuki, Tata Motors: Auto stocks face major hurdles amid Covid surge

Automobile and financial stocks dominate the list of companies where analysts have scaled back their earnings estimates for FY22

Stocks to watch: TechM, SBI Card, Axis Bank, Maruti, Britannia, TaMo

State-owned power giant NTPC has invited expression of interest (EoI) for the sale of desalinated water produced at its joint venture project NTECL Vallur in Tamil Nadu

Bulls back on D-Street; Sensex settles 750 pts up; PSU, auto stocks rally

The advance to decline ratio favoured bulls as nearly 2x stocks rose for every 1 stock that declined on the BSE

Maruti Suzuki looking to cash in on increased demand for CNG vehicles

Amid skyrocketing prices of petrol and diesel, Maruti Suzuki India (MSI) is looking to cash in on the accelerated demand for its CNG vehicles, expecting nearly 50 per cent growth in the ongoing fiscal year, according to a senior company official. The company, which offers CNG options in eight models out of total 14 available in the Indian market, is also actively working to expand the portfolio. "This year CNG (vehicles) in the industry has grown almost 37 per cent at a time when the overall growth is negative (18 per cent decline) in April-January period. It means CNG is growing very well," Maruti Suzuki India Executive Director (Marketing & Sales) Shashank Srivastava told PTI. Explaining why the demand for CNG vehicles has gone up, he said as the prices of petrol and diesel as a fuel have gone up dramatically, the running costs have also increased. "The cost of running CNG is only Rs 1.5 per km whereas for petrol and diesel it is almost Rs 4 per km. People are now preferring ...

Market Ahead, April 8: All You Need To Know Before The Opening Bell

Icra Ratings yesterday sharply cut India's GDP forecast amid the Covid-19 crisis. The rating agency now expects the economy to grow at just 2 per cent in the current fiscal

Policymakers must stop treating cars like sin goods: Maruti's R C Bhargava

R C Bhargava says the government's attitude of increasing the ownership cost of cars is the main reason why sales have been going down

CBI books ex-Maruti MD Jagdish Khattar in Rs 110-crore loan fraud

Khattar, a former IAS officer had joined then government-owned Maruti Udyog in 1999.

Maruti Suzuki India sales down 1.9% in November at 150,630 units

Domestic sales declined by 1.6 per cent at 143,686 units last month as against 1,46,018 units in November 2018

Discounts a speed-breaker for Maruti: Q2 profit falls 39% to Rs 1,358 cr

Negative operating leverage, driven by a sharp fall in volumes, weighed on profitability

In a first, Maruti Suzuki to lease 100 sales outlets to car dealers

Strategy will help expand reach, deploy surplus cash