Maruti Suzuki along with Dun & Bradstreet announced the launch of Colors of Youth 2011, a national level talent search competition for students pursuing professional courses in the country. Read on for details.
Maruti Udyog Ltd is set to embark on an aggressive cost cutting drive and improve operating efficiencies to bring itself at par with auto major Suzuki's manufacturing facility in Kosai, Japan.\n\n
The added new features in the car include leather seat covers, double-din sound system with USB, dual tone interiors, body graphics, full wheel covers and beige parcel tray.
According to estimates available with industry experts, the wage bill of Maruti Suzuki, the country's largest car maker, is expected to increase by Rs 65-70 crore (Rs 650-700 million) after the increments.
According to sources close to the development, the newly formed body -- Maruti Suzuki Workers' Union -- has submitted a list of about 20 demands to the management for consideration while finalising the three-year wage settlement agreement.
Maruti Suzuki India to hike prices of its vehicles across models by up to Rs 20,000 from January to offset rising costs.
First off the block will be a new multi-purpose vehicle which is being co-developed with Toyota - Suzuki's alliance partner. The model will also wear a Toyota badge.
Addressing shareholders at the 31st annual general meeting, which started after observing a minute's silence in memory of slain general manager Awanish Kumar Dev, Maruti Suzuki India chairman R C Bhargava said that security cover at Manesar plant will continue till its staff feels secure.
A draft notice has been prepared and villagers are deliberating on the issue and taking legal counsel.
Maruti Suzuki India (MSI) on Saturday reported 10.3 per cent decline in total sales in January at 1,02,416 units as against 1,14,205 units in the same month last year.
Expressing solidarity with agitating Maruti Suzuki workers, about a hundred protesters from various trade unions staged a demonstration outside Haryana Bhawan on Thursday, seeking the government's intervention for reversing the suspension and dismissal of workers by MSI.
The new Swift, which the country's biggest car maker -- Maruti Suzuki India Ltd -- plans to launch next month, is more fuel-efficient. It will come with 1.2-litre petrol and 1.3-litre diesel variants.
The petrol variant of the Celerio VXi is available for Rs 4.06 lakh (ex-showroom Delhi).
The Haryana government has agreed to appoint a special prosecutor, K T S Tulsi, to frame charges against those identified in connection with the incident.
Country's largest car maker draws nearly half of its sales from exchange programmes, rural focus.
Maruti was allotted around 640 acres of land at Hansalpur which lies nestled between Mehsana district and the Sanand-Viramgam area.
With 25 per cent sales growth in the multi-utility vehicle segment, other car makers rushing in, too.
Maruti Suzuki Motor Corp on Tuesday rolled out its millionth baby, a dazzling red Swift from its plant here.
Company managements need to "curtail the kind of expenditures on themselves personally" with the COVID-19 pandemic highlighting the need to build internal resources with a frugal style of functioning, Maruti Suzuki India chairman R C Bhargava said on Tuesday. Addressing shareholders in the company's annual general meeting held virtually, he also termed as "a good development for the whole of industry" recent shareholder actions that did not approve expenditures by management on themselves, without specifying details. In the wake of the pandemic, building internal resources has to become a priority of industry and companies.
The company also said production at its main plant at Gurgaon has been resumed after a two-day closure last week due to component supply constraints from Suzuki Powertrain India Ptd.
Finance Minister Pranab Mukherjee on Friday announced raising of excise duty to 12 per cent from 10 per cent at present.
Several carmakers, including car market leader Maruti Suzuki India pulled the plug on diesel models citing higher costs for BSVI variants leaving buyers with limited options.
The numbers are in sharp contrast to the demand the company's premium hatchback Maruti Suzuki Swift had seen.
Shinzo Nakanishi had a total pay package of Rs 2.8 crore (Rs 28 million) last fiscal ended March 31, 2012, slightly higher than Rs 2.4 crore (Rs 24 million) in the previous year, as per Maruti Suzuki's latest annual report for 2011-12.
Domestic equity markets will be driven mainly by quarterly earnings, global trends, and the movement in crude oil prices in this holiday-shortened week, analysts said. Investors would also keep an eye on the Middle East amid the ongoing Hamas-Israel conflict and the trading activity of foreign investors. Markets will remain closed on Tuesday for Dussehra.
India's largest car-maker Maruti Suzuki India Ltd on Monday announced a fresh investment of US $1.8 billion to achieve its target of producing one million cars by 2010-11. The bulk of Maruti's fresh investment will be in a research and development facility, for which the company has applied to the Haryana government for 500 acres of land near Manesar.
Maruti Suzuki India has hiked prices of its vehicles across all models, except the entry level sedan DZire, by up to 3.4 per cent.
MSI in January increased prices by up to Rs 31,600.
It's the holiday season and Bollywood's got the memo!
After the hit of the pandemic, India Inc is now worried about the adverse impact of inflation and higher commodity prices on their revenues and margins. The inflation scare is the strongest among manufacturers of consumer goods such as automobiles, consumer durables, and fast-moving capital goods (FMCG). Companies across sectors fear they will not be able to pass on the hike in input costs to their consumers due to weak demand, which, in turn, would lead to a hit on margins and profitability in the forthcoming quarters.
Auto makers step up efforts export cars and offset adverse impact of foreign exchange fluctuations.
In what seems to be a softening of stance, Maruti Suzuki India Ltd (MSIL) has decided not to take any immediate steps to de-recognise the newly instituted Maruti Suzuki Workers' Union (MSWU) of the Manesar unit.
All three employees are recovering fast towards normalcy and as per the safety protocol, essential information was shared with the district health authorities, it added.
Leaders of Maruti Suzuki Workers Union could not be contacted for their comments on future course of action.
Automaker Toyota Kirloskar Motor (TKM) on Tuesday said it will increase prices of its entire model range by up to 2 per cent with effect from October 1 in order to partially offset the impact of rise in input costs. The company, which is a joint venture between Japan's Toyota Motor Company and Kirloskar Group, sells a range of vehicles including Innova Crysta and Fortuner in the domestic market. The company will realign the prices of its models, with effect from October 1, 2021, TKM said in a statement.
Cars have just got dearer with major automobile firms, including Maruti Suzuki India, Hyundai and General Motors, increasing prices this month in order to offset rising input costs.
Maruti Suzuki India has launched its latest campaign, Come Alive, to create a buzz in the A2 segment for its tall-boy hatchback, the Zen Estilo.
Developed in-house, the 1.5-litre engine comes mated with six-speed transmission and offers improved performance.
The company had introduced the AGS technology in India with Celerio and it currently offers it in Alto K10 and WagonR also.
The electric vehicle evolution in India's passenger vehicle market has remained frozen in time and may see limited adoption over the next decade, experts say.
