Four years after it launched the entry-level sedan Swift DZire, the country's largest car maker Maruti Suzuki India is bringing a shortened version of the car that will hit the market next month.
The company said it will inspect the steering column for 1,492 vehicles -- Ertiga: 306 units, Swift: 592 units, Dzire: 581 units and A-Star: 13 units manufactured between October 19, 2013 and 26th October 2013.
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.
The recall is only for the diesel variants of the three models. Out of the total, 55,938 units are of old Dzire, 12,486 units of old Swift and 1,131 units of Ritz, which were manufactured between March 8, 2010 and August 11, 2013, the company said.
Maruti's exports are limited and mainly to countries in Africa and Latin America.
MSI had said the safety and well-being of its employees were paramount.
'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'
Seven years after it announced Nexa, there's no mistaking the seriousness with which Maruti wants the segment to grow, says Pavan Lall.
Besides, Toyota and MG Motor also reported nil sales as they suspended operations even before the imposition of lockdown on March 25 to check the spread of coronavirus. In two-wheeler segment, niche bike maker Royal Enfield said it had zero sales in the domestic market but exported a total of 91 units last month.
Maruti Suzuki India is eyeing a leadership position in the SUV segment as it continues to add new products across various sub segments, a top company official said on Wednesday. The country's largest carmaker has bolstered its presence in the high volume entry and mid level SUV segments with new Brezza and all new model -- Grand Vitara. "In every segment except SUV, we are the market leader by a distance. "It is only in the SUV that we are behind, so we need to catch up. Clearly, we have to become number one in the SUV space also," Maruti Suzuki India MD and CEO Hisashi Takeuchi said in an interaction on the sidelines of the global unveiling of Grand Vitara.
While Toyota will acquire 4.94 per cent shares of Suzuki, worth $ 908 million, the latter will make a $ 454-million investment in the biggest automaker of Japan. Premium products from the Maruti stable such as the Baleno, Ciaz and Vitara Brezza will be sold under the Toyota brand with small changes.
Wants to cut inventory due to slowing sales.
Maruti Suzuki India (MSI) on Wednesday launched an updated variant of its entry level hatchback Alto 800 priced between Rs 2.55 lakh and Rs 3.76 lakh (ex-showroom Delhi).
It is looking out for new markets to increase exports.
The Mahindra's Scorpio-N becomes the first body-on-frame chassis SUV to secure a five-star Global NCAP rating.
The country's largest carmaker Maruti Suzuki India on Wednesday said its flagship export model, A-Star, has crossed one lakh-mark of overseas shipments in less than a year of selling the car in the global markets.
With the domestic automart showing signs of correction, the country's largest car maker Maruti Suzuki India (MSI) is looking at strengthening its back-end operations by asking vendors to increase efficiency, besides building their own research and development capabilities.
It expects 6-7 per cent sales growth in 2013-14.
Maruti Suzuki India to hike prices of its vehicles across models by up to Rs 20,000 from January to offset rising costs.
Going all out to market the all new Alto 800, pricing the base variant of the new car lower than the outgoing model, Maruti Suzuki India Ltd (MSIL), today said it will start exporting the car from Gujarat's Mundra port from December this year. The first export market is likely to be Chile in South America.
With the standoff between the management and labour that started on August 29 continuing, the company had brought in 50 ITI-trained and experienced workers on Monday at the plant taking the total workforce to 1,100 people.
The country's largest car maker, Maruti Suzuki India (MSI), is looking to regain lost ground in the small car segment with the launch of a completely new version of its erstwhile best- selling model Alto.
Along with the M800, MSI will also be phasing out its second oldest model, the utility van Omni. In the initial phase, the two models will be done away with in 11 cities from next year, where the Bharat Stage-IV emission norms (which is equivalent to Euro-IV norms) will become applicable. The company would not upgrade the engines of these two models to meet better emission standards, he said while also ruling out their replacements.
As expected, land prices in the region have shot through the roof in the last three to four months, rising about 12 times compared to prices a couple of years earlier.
The company will restart the production at the unit under heavy police presence.
The clout of Aituc and other unions in Haryana's automobile heartland will depend crucially on whether they manage to get a foothold in the country's largest car company.
Maruti Suzuki exported 1,47,000 units in 2008-09, the highest ever export figures, with the compact car A-star alone clocking over 1,27,000 units.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the ministry of road transport and highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
India's largest passenger car maker, which witnessed around 4 per cent growth in its sales to touch 410,120 units during April-October 2008 compared to the year-ago period, has seen considerable success in attracting new customers through a multi-pronged strategy, including aggressive marketing campaign aimed at rural markets, corporate customers and central government employees and certain cost-cutting measures.
MSIL, India's biggest car maker, said it was in advanced talks with Fiat to ink a diesel engine sourcing contract that would allow it to rapidly increase diesel model supplies into the market.
Worried over the large scale violence on Wednesday that claimed the life of a senior official, Maruti Suzuki India may be considering a lockout as one of the options for now.
One person was killed and at least 40 were injured on Wednesday in a clash between workers and the managerial staff at the Maruti Suzuki India's Manesar plant in Gurgaon, forcing stoppage of work.
The company had introduced the AGS technology in India with Celerio and it currently offers it in Alto K10 and WagonR also.
Maruti Suzuki India has hiked prices of its diesel cars by up to Rs 10,000 with effect from Monday on account of higher input costs and appreciation of Japanese yen.
Out of the four, he said, two will be new models and two will be upgrades.
The company has also exported over 3.8 lakh Alto cars to over 70 countries.
According to the organising committee of the Commonwealth Games, orders have been placed with Tata Motors for nearly 1,800 cars during the games and some more cars, jeeps and trucks for the Queen Baton Relay that would commence its nationwide run from June 25.
In the domestic market, sales grew by nine per cent at 64,857 units as against 59,539 units in April last year, while exports grew by 146 per cent at 6,891 units as against 2,797 units last year, the company said in a statement. This is the fourth consecutive month of sales crossing 70,000-units mark, it added.
The country's largest car maker, Maruti Suzuki India, on friday reported 18.33 per cent decline in its net profit after tax for the quarter ended March 31, 2009, at Rs 243.13 crore (Rs 2.43 billion) as against Rs 297.68 crore (Rs 2.98 billion) in the same period previous year.
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