MSI introduced laptops in the Stealth series, Titan GT series, Raider GE series, Cyborg series, Creator Z series, and more
The country's largest carmaker Maruti Suzuki India on Wednesday reported a 12 per cent increase in total sales at 1,72,535 units in January. The company had sold a total of 1,54,379 units in the year-ago period, Maruti Suzuki India Ltd (MSIL) said in a statement. Total domestic passenger vehicle sales were at 1,55,142 units as compared to 1,36,442 units in the corresponding period previous year, a growth of 14 per cent, it added. Maruti Suzuki India Senior Executive Officer Marketing & Sales Shashank Srivastava said the industry began with a low network stock because of high retails in December. "Therefore, the depleted inventory resulted in slightly muted retails, taking up the network stock to 1.84 lakh units. On the demand side, the enquiries and bookings have been steady despite price hikes done by several OEMs," he noted. Constraints of production still continue due to the semiconductor supply situation, which resulted in some loss in wholesales as well as retail, Srivastava
Maruti Suzuki India plans to invest over Rs 7,000 crore this year on various initiatives, including the construction work of its new plant in Haryana and new model launches, according to company CFO Ajay Seth. The country's largest carmaker has already commenced work at the new facility in Sonipat district. The Kharkhoda-based plant, the company's third set-up in the country, is expected to be operational by 2025 with an installed production capacity of 2.5 lakh units in the first phase. Currently, Maruti Suzuki India (MSI) has a cumulative production capacity of over 22 lakh units per annum across its two manufacturing plants in Haryana and parent Suzuki Motor's facility at Gujarat. The two plants in Haryana -- Gurugram and Manesar -- together roll out around 15.5 lakh units per annum. In May, the auto major had announced to invest Rs 11,000 crore in the first phase of the Sonipat facility. "We will be spending upwards of Rs 7,000 crore this year," Seth said in an analyst ...
The country's largest carmaker Maruti Suzuki India (MSI) on Friday said it has launched a new version of its multi-purpose vehicle Ertiga, priced between Rs 8.35-12.79 lakh (ex-showroom). The model comes with a 1.5 litre petrol engine paired with both manual and automatic transmissions. The auto major has also launched CNG trims of the vehicle. The model comes with hybrid technology and driven by an all-new advanced six-speed automatic transmission with paddle shifters. Ertiga's launch ten years ago was a significant moment in the Indian automobile industry, as it created a new segment that has been growing at a CAGR (compound annual growth rate) of 4.7 per cent," MSI Managing Director & CEO Hisashi Takeuchi noted. The next-gen Ertiga with advanced technology features comes with a new engine and an all-new transmission, he added. "As it stays true to its brand vision of providing comfort, technology, and safety features, while being fuel-efficient for customers, the next-gen ...
If Covid-19 situation improves, it would lead to improved sales and if somehow the scenario deteriorates then the sales would also be impacted, Srivastava noted
'Govt's recent notification on the MSME sector will enable large corporates and MNCs take indirect control of the manufacturing sector in India through their subsidiaries'
With the SOPs in place, over 1,350 Maruti Suzuki showrooms, and over 300 True Value outlets are operational now
Creator 17 features a 17-inch display with a peak brightness of 1,000 nits and mini LED backlighting, which is touted to be twice as bright as a regular LED or OLED screens
The latest iteration of the MSI GS65 is a serious performer but falls short when it comes to seamless heat management