Maruti Udyog's popular 'Zen' model could well be nearing the end of the road, with the company likely to stop production of the compact car or reduce it from this month end.
More than two decades after manufacturing its first vehicle in India, Maruti Udyog Ltd on Wednesday rolled out the five-millionth car from its assembly line in Gurgaon, a red 'WagonR'.
From Hyundai to Tata Motors, automakers are staring at a bleak future. With no succor provided in the Budget, the pain for companies is likely to continue for the next two quarters.
The big-ticket year-ending discounts and the anticipated jump in prices in January pushed car sales in December
India's largest car maker Maruti Suzuki on Saturday raised car prices of most of its models
Maruti Udyog is set to roll out the five-millionth car from its facility in Gurgaon, Haryana this month-end.\n
Maruti Udyog Ltd on Thursday reported a 27.24 per cent increase in domestic sales at 50,904 units in May this year as against 40,006 units in the same month last year.
Top carmaker Maruti Udyog will give freebies of up to Rs 28,900 on its two car models this week to counter a similiar offer by arch-rival Hyundai.
The Delhi CM's protests have forced people to take notice, transforming what would otherwise be routine Delhi matters into issues of national interest.
Apart from physical stores, the company operates 2,700 digital touch points in the form of web pages, which is gaining good traction from tier-II and III centres.
Leading carmaker Maruti Udyog on Tuesday kicked off a new 'loyalty bonus' programme for its existing customers in a fresh attempt to boost car sales.
Maruti Udyog on Tuesday launched the upgraded versions of its compact car 'WagonR' and said it will decide on hiking vehicle prices by this year-end due to increasing cost pressures following the appreciation of the Yen and rising steel prices.
Even as sales of M800 model fell 30 per cent and exports declined, car market leader Maruti Udyog Ltd on Monday reported a 13.6 per cent rise in sales in the just-concluded fiscal at 5,36,301 units against 4,72,122 units in 2003-04.
Maruti has reported a 3 per cent rise in vehicle sales to 43,603 units in February 2005 including 3,777 units of exports, as against 42,263 vehicles sold in the corresponding period last year.
India's biggest carmaker Maruti Udyog Ltd on Thursday announced an across-the-board price hike, though marginally by 0.38 per cent.
In September, sales of 125cc models - that include the Hero Glamour, Splendor, Pulsar 125, Victor Star City, among others - grew by a whopping 30 per cent over the same period a year ago to 305,615 units.
A 40.7 per cent dip in the sales of Maruti's bread and butter model M 800 virtually offset the gains from Alto, WagonR and Zen as the carmaker posted a marginal four per cent rise in domestic sales in May 2004.
Maruti Udyog Ltd, India's biggest carmaker, said on Friday that its sales surged by a robust 38.4 per cent at 39,838 units in April 2004 over 28,793 units in the same month last year.
Maruti's Alto retained the top position in June with 14,856 units, as against 15,750 units in June last year.
Maruti Udyog on Friday announced a 0.2-0.75 per cent hike in prices of its main models and variants with immediate effect.
Maruti and Hyundai favoured among used car buyers
Maruti Udyog Ltd, the country's biggest carmaker, on Wednesday said its sales jumped by 37 per cent during April-June 2003 to 90,698 units.
The list clearly shows the dominance of Maruti and Hyundai in the Indian passenger vehicle market.
However, compared to August, vehicle sales increased by 15.25 per cent on the back of discounts. Maruti led the market in offering heavy discounts and incentives for buyers and dealers, reports Arindam Majumder.
Maurti and Hyundai recorded jump in sales in May.
7 Maruti models among top 10 best selling passenger vehicles in April
Unhappy with the rumblings in the party, an Aam Aadmi Party volunteer, who claims to have designed the party's logo, has written to the Delhi Chief Minister Arvind Kejriwal asking him to stop using the logo.
While Hyundai Motor India reported a marginal growth, Toyota Kirloskar Motor witnessed a dip in sales last month.
Ahead of the international auto show that begins next Wednesday, the Indian auto industry continues to be buffeted with bad news. According to data released by leading automobile companies on Saturday, the industry's sales volumes in January fell about five per cent from those in the same month last year.
Maruti is sticking to this strategy at a time when rival Hyundai is looking to make the most of the monopoly it will have in the compact diesel segment from April 1, 2020, when the BSVI emission norms kick in. The market leader's confidence stems from the rapid shift in favour of petrol in the PV segment. For newer models such as MG Hector and Seltos, nearly 75 per cent bookings are for petrol variants, Kia has 55 per cent from petrol variants. The change in customer preference from diesel variants to petrol has happened quickly over the past few years.
Car makers see good sales post Diwali.
Maruti's exports in May were down 2.4% at 9,089 units
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances