The country's largest carmaker Maruti Suzuki India (MSI) is planning to invest around Rs 18,000 crore on a new manufacturing facility in Haryana, as per a top company official. The new plant would replace the company's Gurugram-based facility and is expected to have an installed production capacity of 7.5-10 lakh units per annum. While confirming the Rs 18,000 crore investment plan, MSI chairman RC Bhargava told PTI that the company had always planned to shift the Gurugram facility to a nearby location.
With an AMT system, the car's price will no doubt increase, but it will also have its own identity as a spacious city car with the low-tech AMT box.
Wants to cut inventory due to slowing sales.
Two-year-old Chinni's life could have been saved if had she been rushed to a private hospital with actor Hema Malini, claims the girl's father who is himself recovering at a local hospital in Jaipur after Thursday night's deadly accident.
Auto maker Maruti Suzuki plans to position its upcoming car 'Ritz' at the upper end of the compact car segment that will be powered with a 1197 cc engine.
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.
Passenger vehicle wholesales saw a marginal growth of 4 per cent in June on account of high base effect and muted demand due to severe heatwave conditions in several parts of the country. Overall passenger vehicle dispatches last month stood at 340,784 units, a growth of 3.67 per cent compared with 328,710 units in June 2023.
Leading car maker Maruti Suzuki India Ltd on Thursday reported a 22.37 per cent increase in domestic sales in April at 59,539 units as compared to 48,652 units in the same month last year.
Maruti Suzuki, the country's largest car manufacturer, on Monday indicated that it planned to launch a 660 cc car in the coming years. In Japan, the 600 cc range includes the Cervo Mode and the Alto.
While compact SUV Vitara Brezza will cost Rs 20K more, Baleno will be constlier by Rs 10K
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.
The country's largest car maker Maruti Suzuki India's 'completely made in India car' will hit the roads by 2012 and the company is likely to finalise the design within the next six months.
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Country's largest car-maker Maruti Suzuki India continues its dominance on the Indian roads, with its four models, led by entry-level small car Alto.
Car market leader Maruti Suzuki India Ltd (MSIL) on Saturday reported a 24 per cent jump in its car sales in the domestic market during November at 65,216 units against 52,574 units in the corresponding month last year.
The company had introduced the AGS technology in India with Celerio and it currently offers it in Alto K10 and WagonR also.
It will be the first company to come out with factory-fitted CNG cars.
The country's biggest car maker Maruti Suzuki India on Monday reported 27.4 per cent decline in car sales during November at 47,103 units compared to 64,885 units in the same month last year.
The company said its domestic sales increased by 0.7 per cent at 56,411 units as against 56,000 units in June last year. It said the A2 segment, comprising Alto, Zen Estillo, Wagon R and Swift registered a marginal growth of 0.3 per cent at 37,767 units, against 37,646 units in the same month last year.
The A3 segment (Swift Dzire and SX4 sedans) sales grew by 36.5 per cent to 8,995 units in January 2010.
India's largest car manufacturer Maruti Suzuki India Ltd has resumed its small car exports to Europe after four years and hopes to export about 150,000 cars in the 2010-11 fiscal, a top company official said here on Saturday.
Bajaj Auto's margins are expected to expand 100 basis points, as volumes have recovered.
'We are seeing one of the highest discounts in recent years across companies.' 'October is a crucial month with several festivals coming up.'
While sales of Maruti's compact segment grew, its mini segment witnessed a slump
Manufacturer Nissan plans to get aggressive with brand communication and increase the number of customer touchpoints through showrooms, experience zones and other initiatives.
Maruti Suzuki India (MSIL) does not anticipate growth in the small car segment because people continue to find these vehicles unaffordable, chairman R C Bhargava said on Wednesday. He said the market had clearly shifted towards the sport utility vehicle (SUV) segment and the company will go in the same direction. The domestic sales of utility vehicles jumped in India by 34.54 per cent to about 2 million units in FY23.
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.
With Nexa, the value-for-money mass-market car maker hopes to attract premium buyers. Sangeeta Tanwar reports.
The country's largest carmaker Maruti Suzuki India on Tuesday said its models Swift, Baleno, WagonR, Alto and Dzire have emerged as best selling cars in 2020-21 and the top five models have come from its stable for the fourth consecutive year. Swift with over 1.72 lakh units was at the number one position followed by Baleno with 1.63 lakh units, the company said in a statement. Maruti Suzuki India's (MSI) tall boy WagonR was in the third spot with 1.60 lakh units while Alto and Dzire were at fourth and fifth with 1.59 lakh units and 1.28 lakh units respectively, it added.
The country's largest carmaker Maruti Suzuki India (MSI) on Thursday reported a 30.8 per cent increase in total sales at 1,60,442 units in September. The company had sold 1,22,640 units in September last year, MSI said in a statement.
The company said its domestic sales increased by 14.6 per cent during the month at 64,143 units, against 55,952 units in May last year. Hyundai Motor India Ltd reported on Monday a 47.27 per cent jump in domestic passenger car sales at 24,510 units during May, against 16,643 units in the corresponding month of 2007.
The Japanese word "Kizashi" means "something great is coming". Maruti Suzuki (MSIL) must be hoping its newest luxury sedan of the same name lives up to that promise. Kizashi will be launched in India this month-end and was formally unveiled in Udaipur last week.
The new car, which would come in four variants and two options, is priced between Rs 2.57 lakh and Rs 3.53 lakh.
The company has proposed to launch the 'made-in-India' car in the next three years. Given its nascent engineering strength, the Indian auto co is looking at existing platforms. The company will, therefore, save a fortune by not opting for a completely new car platform. Generally, the cost of developing a new platform constitutes a substantial part of the expenditure incurred on a new car's production.
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.
Despite the buyers' interest in Honda Amaze, the compact sedan managed to achieve good numbers.
The company had sold 50 units of SX4 sedan in August 2014.
Maruti Udyog is set to roll out the five-millionth car from its facility in Gurgaon, Haryana this month-end.\n
The big-ticket year-ending discounts and the anticipated jump in prices in January pushed car sales in December
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
Its sales grew 21% to 165,346 units
