MSI launched the Alto in September 2000. The company then introduced a 1,000-cc version of the car, the Alto K10, in August 2010.
Maruti Suzuki India, the country's largest carmaker, may after all do what everyone expects it to: take on Ratan Tata's Nano with its own low-price car. For long, there has been a will-they-won't-they kind of speculation about how Maruti will protect its entry-level consumer base from the Nano, whose lowest variant is likely to cost Rs 1 lakh in some places and about Rs 1.26 lakh in some others. The higher variants may cost Rs 1.5 lakh or more.
Among the Sensex firms, Mahindra & Mahindra jumped the most by 5.96 per cent. Bajaj Finance, Bajaj Finserv, Trent, ITC and HDFC Bank were also among the gainers. However, Maruti Suzuki India, Bharat Electronics, HCL Tech, NTPC, Power Grid, Infosys and Reliance Industries were among the laggards.
The country's biggest carmaker is now more valuable than the combined market cap of the three leading automobile companies in the country: Tata Motors (Rs 1,18,684 crore), M&M (Rs 86,336 crore) and Ashok Leyland (Rs 34,700 crore).
Known for its fuel efficient vehicles, car market leader Maruti Suzuki India is pushing it further to enhance mileage of its refreshed models.
The 14-day-long strike at Maruti Suzuki India's Manesar's plant has been called off this morning following a tripartite agreement between the management, workers and the Haryana government.
The firm has suffered production loss of about 1,200 units, valued at around Rs 60 crore.
MSI expects the royalty paid to parent Suzuki Motor Corp to come down starting with its upcoming compact SUV as its engineers enhance their role in the joint development of future products.
The company has in the meantime said the plant will remain closed.
Automobile companies put in an impressive show in April.
The company had sold 92,161 units in the same month previous year, MSI said in a statement.
Compact segment sales rise 7.63%, mini segment registers 5.76% dip.
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.
The programme was initially launched by O Suzuki, chairman and chief executive officer, Suzuki Motor Corporation in Japan about a month back and has been replicated in the Indian operations as well. Each Maruti car has around 10,000 components and subcomponents that can be classified into 1500 categories.
Despite the current economic slowdown in the auto industry, the country's largest car maker, Maruti Suzuki India on Thursday said it will hire around 700 people in various departments in the next fiscal, even as it has raised its headcount by 745 in the current fiscal itself.
Currently, Maruti Suzuki has 14 car brands, but it has decided to expand into some new segments.
Indian passenger vehicles market registered record wholesales of 43 lakh units in 2024, with companies like market leader Maruti Suzuki, Hyundai, Tata Motors, Toyota Kirloskar Motor, and Kia posting their best-ever annual domestic sales. The continued growth of SUVs, along with rural markets playing a key role in driving up car sales, helped the industry better the previous best of nearly 41.1 lakh units posted in 2023.
Appellate tribunal NCLAT on Monday stayed the Rs 200 crore penalty imposed by the Competition Commission on Maruti Suzuki but directed the car maker to deposit 10 per cent of the total amount within three weeks. The amount has to be deposited with the Registrar of the National Company Law Appellate Tribunal (NCLAT). A three-member NCLAT bench stayed the demand notice issued on October 27 to the car maker, subject to the condition of depositing 10 per cent of the penalty amount.
Maruti Suzuki is planning a further investment of Rs 9000 crore in India for world class R&D centres, design facility, regional distribution centres and logistics support. The fresh investment will be made over a longer period, about eight years, as compared with three years for some earlier investments. Regional warehouses will cut short the delivery time of vehicles. The centralised and timely despatch of vehicles from its facilities in the north will mean faster shipment.
Practice of opening bookings for cars prior to launch has been followed by several companies over many years in India.
Production has not started yet, but there are indications that it will resume today with alternate arrangements like contract workers and hiring technicians.
Maruti Suzuki produced 9,66,069 cars from January to December 2009, up 27 per cent from the year ago.
EV manufacturers point out that converting a regular petrol car into a flex-fuel vehicle requires only about Rs 17,000-25,000 per unit, whereas developing an EV demands vastly greater investments in research, battery development, and localisation.
Maruti has rolled out the millionth unit of Alto, since its launch in Sept 2000.
Sedans and hatchbacks have both lost market share to SUVs, which now account for more than 50% share of the 4 million-odd-unit PV market in the country.
Developed in-house, the 1.5-litre engine comes mated with six-speed transmission and offers improved performance.
Maruti Suzuki India, which last year dropped Udyog as its middle name and appointed its first Japanese managing director, has set up a new management structure installing five Indians in crucial decision-making positions. This layer forms the second rung of the company's executive management, just below managing director S Nakanishi. Earlier, when Jagdish Khattar was the managing director, he was the only Indian in the top management.
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.
Hit by recurrent labour unrest at its Manesar unit in Haryana, Maruti Suzuki India Ltd (MSIL) on Thursday said the company would introspect on whether an affiliated union with a pro-business approach and mature leadership would benefit the company.
A group of casual workers have been sitting in front of the Manesar plant, asking the company to let them rejoin work.
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.
Good sowing of kharif crops, better minimum support prices, and fewer Covid-19 cases (in villages) will help the rural growth story to continue, says Maruti.
In the last two days, the company had done the ground work for resumption of work in the press, weld and paint shops by bringing in additional workers.
Will sign agreement with vendors to make sure indigenisation takes place within given timeframe.
The country's largest car maker Maruti Suzuki India on Tuesday reached a wage settlement agreement with its workers at its Gurgaon plant, under which the employees will get an average salary hike of Rs 18,000 per month spread over three years.
Maruti Suzuki's announcement that a proposed factory in Gujarat will be owned not by it but by a fully-owned subsidiary of Suzuki Motor Corporation gives rise to several questions related to corporate governance - and to larger questions about the regulation of multinationals in India.
Rs 15,000-cr investment planned to protect vendors from rising realty prices
Maruti Suzuki India on Tuesday reopened its Manesar plant amid heavy security, a month after a lockout was declared due to the violence in which one senior company official was killed and 100 others injured.
After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.
The company, which sells every second car in the domestic market, said it expected production and sales to grow between 4 per cent and 8 per cent for the financial year started in April.
