Maruti Suzuki India and Tata Motors reported decline in sales during June this year.
So far, the current year has not been great for the leading car exporters from India. In the top five list of exporters -- Hyundai, Ford, Maruti Suzuki, General Motors and Volkswagen -- it is only Hyundai which is clocking a growth.
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The car comes with alloy wheels, body graphic, new stereo, and special seat covers.
The strike at Maruti Suzuki India's plant in Manesar is threatening to spread to Gurgaon-Manesar belt, with a panel of workers of various firms in the region warning that a similar stir could hit others unless demands of their agitating colleagues' at India's largest carmaker are met.
With multiple options in the compact sport utility vehicle (SUV) and compact sedan space, the mid-size sedan seems to be losing its charm among customers.
Maruti Suzuki India Limited, the country's largest car manufacturer, on Wednesday unveiled its luxurious and sporty sedan, Kizashi, at an introductory price of up to Rs 17.5 lakh (Rs 1.75 million).
Maruti Suzuki India on Thursday launched a limited edition version of its popular model WagonR, named Avance, with prices starting at Rs 430,000.
With 15 models and a market share of close to 50 per cent, it rules the Indian market, selling almost 1.5 million units every year, rolling out one model every ten seconds.
The country's largest carmaker Maruti Suzuki India on Monday reported a 25.34 per cent fall in total sales for July to 75,300 units, mainly due to sluggish market condition and non-production of hatchback Swift as the company is preparing to launch a new version of the car soon.
The government is working on a recall policy.
The Securities and Exchange Board of India (Sebi) has cleared the draft red herring prospectus (DRHP) of the state-owned Life Insurance Corporation of India (LIC). According to investment banking sources, the so-called final observations were issued by the market regulator on Tuesday evening. Following the market regulator's nod to the IPO papers, the insurer can launch its share sale. However, LIC may not launch its IPO immediately given the current volatile market conditions.
The country's largest car-maker Maruti Suzuki India on Monday reported a 63.6 per cent fall in net profit for the quarter ended December 31, 2011, to Rs 205.6 crore (Rs 2.05 billion).
The Hayabusa from the Suzuki stable is an insane machine. But that is not the only motorcycle that the Japanese automaker produces. There are so many more, so let's take a quick journey through the iconic bikes made by Suzuki.
The company saw production hit by 10,200 units till yesterday, which translates into a loss of about Rs 510 crore (Rs 5.1 billion). In the morning, shares of Maruti Suzuki India (MSI) were trading 0.43 per cent down at Rs 1,217.50 apiece on the Bombay Stock Exchange.
BSE benchmark Sensex plummeted over 388 points to close at 58,576.37 on Tuesday, tracking weakness in index majors Wipro, RIL and Bharti Airtel amid a weak trend in global markets. Investors also remained cautious ahead of crucial macroeconomic data announcements -- industrial production for February and inflation rate for March -- post trading hours. The Sensex declined 388.20 points or 0.66 per cent to settle at 58,576.37. During the day, the benchmark tanked 666 points or 1.12 per cent to 58,298.57.
Led by the country's largest car maker Maruti Suzuki, Ford India, General Motors and Toyota Kirloskar logged overall growth in sales volumes.
As the strike at its Manesar plant entered the fifth day on Wednesday, the country's largest car-maker Maruti Suzuki India said there was no question of accepting the demands of the workers.
The country's largest car-maker Maruti Suzuki India on Monday said its Manesar plant has stopped functioning, resulting in a production loss of about 1,200 units so far as a workers' strike entered the third day.
Company had posted a net profit of Rs. 656.55 crore in the corresponding quarter of 2009-10 fiscal.
With induction of these people, the company's workforce will expand by about 27 per cent to nearly 11,000 employees.
The final blueprint of the multi-crore global tie-up between Volkswagen and Suzuki Motor Corporation has started to unfold, with Maruti Suzuki looking at becoming an original equipment maker in cars for the German automaker for markets outside India.
The country's largest car-maker Maruti Suzuki India on Tuesday launched a diesel variant of its SX4 sedan at an introductory price of Rs 7.74-8.62 lakh (ex-showroom, Delhi).
India's auto segment is booming like never before.
Volkswagen Group is planning to launch a crossover Sports Utility vehicle called Volkswagen Rocktan soon in India.
Volkswagen last year acquired 20 per cent stake in Maruti Suzuki India's parent Suzuki Motor Corp for about $2.5 billion (over Rs 11,500 crore).
Major automobile manufacturers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors and Toyota Kirloskar on Tuesday reported decline in domestic passenger vehicle sales in May compared to the previous month as a spike in COVID-19 cases and lockdowns across various states hit production and dispatches. The country's largest carmaker Maruti Suzuki India (MSI), which shut production from May 1 to May 16 so as to divert oxygen from industrial use for medical purposes, reported domestic dispatches to dealers at 35,293 units last month, down 75 per cent from 142,454 units in April. The company said sales of its mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year.
Giving in to rising input cost pressures, the country's largest carmaker by sales, Maruti Suzuki India has increased prices of its vehicles by up to Rs 8,000 across models, except its newly launched compact car Alto K10.
Market leader Maruti Suzuki India's passenger vehicles sales declined by 2.34 per cent last month at 133,702 units. Hero MotoCorp reported total two-wheeler sales of 480,196 units last month, down 20.05 per cent.
Maruti Suzuki, which crossed the one-million car production mark last year, will have to produce at least 100,000 additional units this year to meet the demand.
The company had posted a net profit of Rs 465.36 crore (Rs 4.65 billion) for the same quarter last fiscal, Maruti Suzuki India said.
India's largest carmaker Maruti Suzuki plans to ride on the back of new launches in the future to retain its numero uno position in the market place and beat back competition from its peers.
The recall will cover cars manufactured between 2008 to 2012 that use safety airbags made by its supplier Takata
Major gainers include L&T, Asian Paints, Vedanta, Tata Steel, Coal India, Infosys, M&M, Adani Ports, Maruti Suzuki, Axis Bank, HDFC, Power Grid, ONGC, Tata Motors, Sun Pharma, ITC, IndusInd Bank, HDFC Bank and SBI
Automobile companies are all smiles prior to Diwali, the festival of lights with almost all of them registering a healthy growth in sales.
The previous highest sales figure stood at 1,08,006 units in September 2010. It was also for the fifth time in this fiscal that the company's monthly sales crossed the one lakh mark.
Maruti's 7 models in India's top ten selling passenger vehicles in 2016-17
Named ConceptFutureS, it is a uniquely styled compact car with distinct SUV like characters and will define the next generation of design for compact vehicles in India, the company said.
The move is a part of the company's plans to expand its portfolio of eco-friendly vehicles, which could see other models such as Alto, Eeco, Estilo and SX4 also powered by CNG fuel, industry sources said.
MSI's exports, however, fell by 13 per cent to 10,554 units.
Automobile sector saw a huge spurt in sales in September as per figures that poured in on Friday.
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