Maruti's compact segment comprising New WagonR, Swift, Celerio, Ignis, Baleno, Dzire, and utility vehicles, including Gypsy, Ertiga, XL6, S-Cross and Vitara Brezza saw robust sales, while the mini segment comprising Alto, S-Presso and Old WagonR saw negative growth.
Among the main gainers were Jio Financial Services which jumped 4.99 per cent, Tata Steel (2.09 per cent), Maruti Suzuki (1.87 per cent), M&M (1.31 per cent) and Infosys (1.19 per cent).
Central trade unions have questioned Maruti Suzuki's decision to terminate the services of 500 of its permanent workers, alleging not just violation of the Industrial Disputes Act, but also immaturity on the management's part in failing to arrive at a peaceful settlement of the dispute.
Sun Pharma emerged as the biggest gainer from the Sensex pack, climbing 2.09 per cent, followed by ITC, Titan, Bajaj Finance, Nestle, Infosys, L&T, JSW Steel, Reliance Industries and Kotak Mahindra Bank. UltraTech Cement, Maruti, HDFC Bank, Wipro, State Bank of India and NTPC were among the laggards.
Among the Sensex firms, Infosys, Bharti Airtel, NTPC, Tata Motors, IndusInd Bank, Bajaj Finance, ICICI Bank, Tech Mahindra, Titan and Axis Bank were among the major laggards. Tata Steel, State Bank of India, Mahindra & Mahindra, Maruti and Nestle were the gainers.
The country's largest car maker, Maruti Suzuki India, on Thursday said that "Tata Nano" may have a marginal impact on the sales of its entry level small car Maruti 800 but ruled out cutting its price.
UltraTech Cement was the biggest gainer in the Sensex pack, rising 2.43 per cent, followed by NTPC, Tata Motors, Infosys, Power Grid, Mahindra & Mahindra, Larsen & Toubro, Maruti, Wipro and SBI were the major gainers. In contrast, Tata Steel, Bharti Airtel, Bajaj Finserv, Axis Bank, Bajaj Finance and JSW Steel were the major laggards.
Auto major Maruti Suzuki tops the chart for buyers' satisfaction with newly launched cars, while Tata Motors found its berth at the bottom, says a study by JD Power.
Developed in-house, the 1.5-litre engine comes mated with six-speed transmission and offers improved performance.
The company is voluntarily undertaking a recall for WagonR (1 litre) manufactured between November 15, 2018, and October 15, 2019, and Baleno (petrol) manufactured between January 8, 2019, and November 4, 2019, MSI said in a regulatory filing.
With the government not continuing with lower excise duty beyond December 31, major car makers, including Maruti Suzuki, Hyundai, GM India and Honda have raised vehicle prices by up to Rs 127,000.
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.
Small cars are a boon in day-to-day city driving as manoeuvring and parking is quite easy because of their compact footprint. One fine day, a blue Maruti Ignis arrived at MotorBeam's garage and we put the car through our usual long term test. The Ignis with its funky styling elements might not impress all but the top of the line Alpha variant will surely do because of the sheer features on offer.
The car will come with a petrol and a diesel engine option.
Two in every five Celerios being sold by Maruti are now equipped with the AMT technology.
The toughest part is to tackle human behaviour. On the Atal Setu, says Indrajit Gupta, I chose to drive at a consistent speed of 80 kmph in the middle lane. Vehicles on the right lane were clipping along at 150 kmph, way over the maximum permissible limit of 100 kmph. On occasion, I had to slow down or dodge vehicles suddenly pulling into the middle lane from the side.
Among the Sensex firms, Asian Paints, Tata Steel, HCL Technologies, Nestle, Maruti, JSW Steel, NTPC and Larsen & Toubro were the major laggards. Sun Pharma, Bajaj Finserv, Reliance Industries, State Bank of India and Bharti Airtel were the gainers.
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.
The previous May peak was observed in 2018 when the domestic PV wholesales stood at 301,238 units.
'The decrease in the popularity of white cars and the rise in preference for darker colours like black, grey, and blue over the past three years reflect changing consumer attitudes.'
Workers rally in support of sacked employees at Manesar
Car owners in India had fewer problems with their new vehicles, with the JD Power Asia Pacific Satisfaction Index Study revealing that eight of the 11 manufacturers had improved their performance.
Maruti Suzuki India (MSI) will keep consolidating its existing product line-up, including hatchbacks, while bolstering presence in the fast growing SUV segment to power its way back to 50 per cent market share in the domestic passenger vehicle market, as per a senior company official. The country's largest carmaker, which has seen its market share drop to 43.38 per cent in FY22 from 47.7 per cent in FY21, aims to bring in multiple SUV products with focus on new technologies like hybrid powertrains in order to enhance fuel efficiency, making them comparable or better than diesel-powered models that are currently being sold in the market, especially by its Korean rivals. With no intention of making a comeback in the diesel segment, MSI is also focusing on increasing its play in the CNG segment to bring in additional volumes.
Seven auto companies lost share in the current year because of different reasons.
Maruti Suzuki has given Nexa franchises to only existing dealers.
The car will also have automatic transmission.
Available only in diesel model and in ZDi trim level.
Maruti Udyog on Tuesday launched a Euro-III variant and a new Euro-II version of Maruti 800, sporting a higher price tag, and said the entry level car was not being phased out.
It will house the company's first diesel engine developed for markets like India.
With seven models to choose from, it can get quite confusing.
The country's largest carmaker, Maruti Suzuki India (MSI) on Friday reported a 4.5 per cent increase in total sales at 1,53,435 units in October.
Among the Sensex firms, HDFC Bank emerged as the biggest loser, falling 4 per cent. JSW Steel, Reliance Industries, UltraTech Cement, Maruti, Tata Steel, Wipro, Tech Mahindra, Bharti Airtel and Larsen & Toubro were the other major laggards. Power Grid, Asian Paints, Sun Pharma, Axis Bank, NTPC, ITC and Infosys were among the gainers.
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.
In the ongoing tug-of-war for supremacy in the Indian car market, Hyundai blinked first by withdrawing 'temporarily' its advertising brochure 'Xing ahead of the Swift' in response to a legal notice served last week.
Maruti Udyog Ltd, India's largest carmaker, unveiled on Thursday a new-look Zen, without tinkering with the price, to take on competition posed by Hyundai's Santro and Tata Motors' Indica.
Creating new benchmarks in safety, Maruti Udyog Limited on Monday announced it would set up 15 world class driving schools in India in the next three months.
The Centre is keen on a probe to find out if the violence in the Maruti plant in Manesar has any Maoist link.
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