'The customer is fast changing, and she demands newer experiences that wealth can buy.'
The dealers have started accepting bookings for Rs 10,000.
Two in every five Celerios being sold by Maruti are now equipped with the AMT technology.
Automakers Maruti Suzuki, Mahindra & Mahindra and Audi India on Monday announced plans to hike prices of their passenger vehicles in January 2024 citing reasons, including cost pressure driven by overall inflation and increased commodity rates. Besides, Tata Motors and Mercedes-Benz India are mulling increasing the prices of their models from January. The country's largest carmaker Maruti Suzuki India, which sells a range of vehicles from entry-level small car Alto to multi-utility vehicle Invicto, priced between Rs 3.54 lakh and Rs 28.42 lakh (ex-showroom Delhi), on Monday said the price hike would vary from model to model.
Currently, Maruti Suzuki has 14 car brands, but it has decided to expand into some new segments.
Powered by a 996cc engine, the transmission is a CVT unit that transfers power to the front wheels.
Giving in to rising input cost pressures, the country's largest carmaker by sales, Maruti Suzuki India has increased prices of its vehicles by up to Rs 8,000 across models, except its newly launched compact car Alto K10.
The company had recently stopped production of petrol models, including the Alto, M800, A-Star, Estilo and Omni for three days to prevent inventories piling up further.
The first month of the new fiscal year saw a slight change in sales trends as market leader Maruti Suzuki saw a decline in sales of its popular models.
The Baleno cars covered in the recall include 17,231 export units.
Maruti recorded a 13.12% year-on-year surge in average revenue earned per car in 2023 compared to M&M's 7.56%, Hyundai's 6.76% and Tata Motors' 1.88%.
Maruti Suzuki Celerio will now come equipped with ABS and airbags for all its variants.
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, 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.
Hyundai Motor India, the country's second largest car maker, on Friday said its plan for launching a small car in the Indian auto-market is "well on course".
Nano, the small car from the Tatas, is projected to become India's second best selling car next year, according to market research firm JD Power.
Meanwhile, the company on Wednesday launched an advanced version of its mid-sized Verna sedan, priced at Rs 6.56 lakh-Rs 9.22 lakh (ex showroom Delhi).
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.
In a little over six months, Bajaj, the country's second biggest two-wheeler maker, has sold over 500 units of the Kawasaki Ninja 250R, price Rs 2.69 lakh (the 269,000 same as a Maruti Suzuki Alto car).
The high-selling model now comes with various safety features like anti-lock braking system with electronic brake force distribution, driver airbag, reverse parking sensor, seed alert system and driver and co-driver seat belt reminder.
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.
Japanese small car major Suzuki on Thursday launched its fifth global model small car, which will be launched in India under "A-Star" brand by mid-November this year.
While compact SUV Vitara Brezza will cost Rs 20K more, Baleno will be constlier by Rs 10K
Includes all-new versions of Swift and Swift Dzire.
Maruti's Alto retained the best-selling model tag in January with 22,998 units as against 21,462 in January 2016.
Maruti is trying to move up the segment by focusing on premium cars, SUVs and even trucks.
Code-named Pelican, bigger hatchback with new petrol and diesel engines may hit the road next year.
Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid a decline in demand. Maruti Suzuki India reported a 4 per cent dip in total domestic passenger vehicle wholesales last month to 144,962 units compared to 150,812 units in the year-ago month. The auto major said sales of mini segment cars, comprising Alto and S-Presso, grew marginally to 10,363 units against 10,351 units in September 2023.
Car wil be available in two variants, with base version priced at Rs 6.52 lakh, top end at Rs 7.30 lakh
The A3 segment (Swift Dzire and SX4 sedans) sales grew by 36.5 per cent to 8,995 units in January 2010.
It is currently working out the details of the quantum of price increase, which will vary depending on the model.
In the next 2-3 years the company will pump in Rs 4,000 cr in product development, R&D and marketing infrastructure.
India's used car market, which has been growing steadily at 10-12 per cent over the last 2-3 years, is expected to reach $40 billion in FY26.
Seven years after it announced Nexa, there's no mistaking the seriousness with which Maruti wants the segment to grow, says Pavan Lall.
Every three minutes, in some corner of the country, two Altos are being sold.
Known for its fuel efficient vehicles, car market leader Maruti Suzuki India is pushing it further to enhance mileage of its refreshed models.
Keeping safety as a priority, the vehicle will have an option of airbags right from the base variant, like all other Maruti vehicles.
It has hiked prices of diesel variants of Ciaz and Ertiga models with smart hybrid technology