The banking, financial services and insurance was the highest paid sector
It has hiked prices of diesel variants of Ciaz and Ertiga models with smart hybrid technology
BS-VI emission norms and the COVID-19 lockdown impacted the dispatches.
Mangroves absorb excess water but they are being destroyed in Mumbai in the guise of infrastructure development, city-based environmentalist Debi Goenka told PTI.
While sales of Maruti's compact segment grew, its mini segment witnessed a slump
The domestic car market leader said there will be no cash outflow from MSI as the merger is proposed to be effected through a share swap agreement.
Stingray, which is powered by a 998 cc petrol engine, is available in three variants, with price ranging between Rs 4,10,000 to Rs 4,67,000.
Workers at Suzuki Powertrain India Ltd and Suzuki Motorcycle India Pvt Ltd, who have also gone on strike in support of their colleagues at MSI, are continuing their stir.
Sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno increased by 4.1 per cent to 50,362 units
In a filing to the BSE, Maruti Suzuki India said HSBC Global Investments Fund Mauritius Ltd had sold 1,99,198 shares in the open market on June 29.
Maruti has committed Rs 5 crore towards the programme.
Car sales in the quarter were up 3.9 per cent at 3,60,402 units, the company said, adding that the exports were at 27,009 units.
Maruti Suzuki India on Monday said the production at its plant in Gurgaon has been impacted due to strike at Suzuki Powertrain India Ltd (SPIL), which supplies engines to MSI.
Leading carmakers Maruti Suzuki and Hyundai witnessed a double-digit drop in sales in October on account of the global semiconductor shortage impacting production. Kia India, Honda Cars and MG Motor also saw a fall in dispatches last month as compared with October 2020. However, companies like Tata Motors, Mahindra, Nissan and Skoda managed to post positive numbers last month despite the supply chain challenges.
Maruti's Alto retained the best-selling model tag in January with 22,998 units as against 21,462 in January 2016.
With diesel cars set to become costlier from next year with the implementation of stricter BS-VI emission norms, major automakers in India are contemplating about the future of such vehicles in their portfolios.
Consumer sentiments have been dampened due to several factors like tight liquidity, high insurance, and high costs
In the two-wheeler segment, Bajaj Auto reported 31 per cent jump in total sales at 357,883 units in February against 273,513 units in the same month last year.
A fall in sales across its mini cars, coupled with a drop in exports dragged down Maruti sales by 5.5% March. Read more at: http://www.moneycontrol.com/news/business/maruti-may-sales-slip-5falling-mini-car-sales-exports_712009.html?utm_source=ref_article
Maruti Suzuki claims the new SUV delivers an outstanding fuel efficiency of 24.3 km per litre.
Swift is the highest selling car from the Maruti stable sicne its launch in 2005.
The company cut production of its mini cars comprising Alto, and S-Presso by 98.32 per cent at 401 units as against 23,874 units in the year-ago month.
MSI sold 3,21,898 units of vehicles during Q2, a growth of 16.80 per cent, compared with 2,75,586 units in the corresponding year-ago period.
Country's largest car-maker 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.
However, sales of mini segment cars, including Alto and WagonR, declined 7.9 per cent to 25,524 units from 27,712 in the year-ago month
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.
High cost of acquisition due to a variety of reasons, including higher GST than all other major countries, is slowing down car demand in the country and unless the Centre and states take steps to reduce it, the industry is unlikely to experience reasonable growth, according to Maruti Suzuki India Chairman R C Bhargava. Addressing shareholders in the company's Annual Report for 2020-21, he said after the devastating second wave of the coronavirus pandemic hitting the first quarter of FY22, the performance in the next three quarters will largely depend on how effectively people get vaccinated and observe safety protocols.
While MSI's price cuts range between Rs 8,502 and Rs 30,984 across its models, Hyundai has slashed prices by between Rs 10,000 and Rs 135,300.
In October, MSI recorded domestic sales of 96,002 units compared to 51,458 units in the year-ago period, registering a rise of 86.56 per cent, it added.
While Hyundai Motor India reported a marginal growth, Toyota Kirloskar Motor witnessed a dip in sales last month.
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).
The country's largest car maker Maruti Suzuki India (MSI) on Thursday said it is considering increasing prices of its products from next week to offset the impact of rupee depreciation.
Rebutting reports that the company is "moving out of Haryana and shifting its base to Gujarat" after its decision to purchase land in Gujarat, MSI said: "The company's plan to invest in Gujarat started much before the industrial unrest situation at Manesar."
MSI's exports increased by 54.34 per cent to 14,386 units in January, from 9,321 units in the year-ago period.
MSI's exports, however, fell by 13 per cent to 10,554 units.
In June, MSI recorded domestic sales at 83,531 units, compared to 70,020 units in the year-ago period, registering a rise of 19.30 per cent.
The long awaited product is likely to be launched early next year.
Maruti Suzuki India (MSI) on Tuesday said it will not resume full-scale production at its Manesar plant till workers sign a 'good conduct bond', as demanded by the company to ensure there is no repeat of quality issues that have surfaced at the plant.
In May, MSI recorded domestic sales at 89,478 units, compared to 93,519 units in the year-ago period, registering a fall of 4.32 per cent.
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