In a bid to increase its sales from rural India, the country's largest car maker, Maruti Udyog Ltd, is offering over 2.1 million functionaries in panchayats (local self-governing bodies in villages) its cars at special discounts.
MSI in January increased prices by up to Rs 31,600.
Japanese auto major Nissan unveiled its compact car redi-GO under the Datsun brand that will hit markets in June.
Maruti has offered discounts ranging from Rs 5,000 to 35,000 across various models. The discount is on Maruti 800, Omni, Alto, Esteem, Versa and on the petrol models of WagonR, Swift.
Maruti Udyog today posted 17 per cent increase in domestic car sales for the month of April, selling 48,652 vehicles compared to 41,574 vehicles sold in the same period last year.
MSI sells a range of models from entry-level hatchback Alto to S-CROSS, priced between Rs 2.99 lakh and Rs 12.39 (ex-showroom prices Delhi) lakh, respectively.
Car maker Maruti Udyog Ltd on Tuesday reported a 11.10 per cent increase in domestic sales at 55,894 vehicles during October 2006 as compared to 50,308 vehicles in the year-ago period.
Led by Maruti Suzuki, Japanese cars stole the limelight at JD Power Asia Pacific 2004 award function with only the Tata Motors holding fort among Indian car markers with Safari
The country's largest carmaker, Maruti Suzuki, on Monday said it has stopped working on LPG models as it will roll out CNG variants of the entire range of its cars from early 2010, the first of which could be its highest selling model Alto.
Sales of mini cars comprising Alto and WagonR were at 11,577 units as compared to 37,710 units in July last year, down 69.3 per cent.
It is currently working out the details of the quantum of price increase, which will vary depending on the model.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors reported decline in wholesales in August as the companies curtailed vehicle dispatches amid drop in demand and to cut inventories at dealer level. Market leader Maruti Suzuki India said its total domestic passenger vehicle wholesales were at 143,075 units last month as compared to 156,114 units in the year-ago month, registering a dip of 8 per cent. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,648 units last month as against 12,209 units a year ago.
The other four models introduced with the alternative fuel option are compact cars Estilo and WagonR, multi-purpose vehicle Eeco and mid-sized sedan SX4.
Maruti's 7 models in India's top ten selling passenger vehicles in 2016-17
The tie-up would focus on financing of entry level cars from Maruti portfolio, which include the M800, Omni and Alto models, the company said. "Maruti Suzuki is keen to expand its presence in rural and semi urban markets. We have the right products and an excellent network across the country to support it. However, there is still lot to do in the direction of finance availability especially beyond metro towns," said MSI Chief General Manager (Sales) R S Kalsi.
Car wil be available in two variants, with base version priced at Rs 6.52 lakh, top end at Rs 7.30 lakh
there will be several new launches in the year 2011 from the Maruti stable.
Maruti Suzuki India is gearing up to introduce by the end of this year a new 800cc car that is likely to be more fuel efficient, but also more expensive, than its existing best selling model Alto.
Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in best-ever performance to date. The country's largest carmaker Maruti Suzuki India reported its highest wholesales to date at 19,66,164 units, up 19 per cent from 16,52,653 units in 2021-22. Its domestic dispatches rose to 17,06,831 units in 2022-23, up 21 per cent from 14,14,277 units in 2021-22 fiscal.Hyundai Motor India said its overall wholesales last fiscal were the highest ever since commencing operations in the country.
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.
Currently, Maruti Suzuki has 14 car brands, but it has decided to expand into some new segments.
Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 350,257 lakh units last month as compared to 335,436 in the same month a year ago, registering a growth of 4 per cent.
The unit has a manufacturing capacity of 700,000 cars in two shifts. This means the Japanese major is cutting production by 35,000 cars as higher loan rates and a slowing economy sapped demand for automobiles. Sales at Maruti, 54 per cent owned by Suzuki, fell 7 per cent in October. India is the biggest global market for Suzuki, Japan's second-largest minicar maker.
Maruti Suzuki Celerio will now come equipped with ABS and airbags for all its variants.
The top court said the seriousness of the alleged offence has not been considered by the high court.
A yellow-sari daintily clad Indrani was beaming broadly and it seemed like for the first time, for her, Rahul had done something right. Vaihayasi Pande Daniel reports from the Sheena Bora Murder Trial.
Maruti Suzuki India growing by a paltry two per cent in January, recorded the lowest growth in this financial year, which could be due to the launch of Tata's Nano.
In the next 2-3 years the company will pump in Rs 4,000 cr in product development, R&D and marketing infrastructure.
The figures are encouraging for the auto industry amid apprehension that due to higher cost and lack of fuel availability, cars with stricter emission standards may not be popular in initial stages. Automakers had even cited this confusion as one of the reasons for dwindling car sales in India, reports Arindam Majumder.
Maruti Ciaz and Ertiga are exempt from the infrastructure cess and so, there is no change in the prices of these models.
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.
Maruti Udyog on Wednesday reported a 7.1 per cent increase in domestic sales in January at 48,526 units.
Besides being budget-oriented these cars also offer fantastic performance and mileage.
Under pressure from increasing input and freight costs, Maruti on Tuesday hiked prices of certain models, including Alto and M800, ranging between Rs 500 and Rs 5,000.
It has hiked prices of diesel variants of Ciaz and Ertiga models with smart hybrid technology
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.
India's largest car maker Maruti Suzuki on Saturday raised car prices of most of its models
Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January. Carmakers cite an increase in input costs and operational expenses as the main reason to implement price increases from the next month. Industry experts, however, note that the exercise is also undertaken by automakers every year in December to shore up sales volume in the last month of the year, as customers postpone buyouts to later months to get the new year manufactured units.
