The country's largest car maker, Maruti Suzuki India, on Thursday said that "Tata Nano" may have a marginal impact on the sales of its entry level small car Maruti 800 but ruled out cutting its price.
The country's largest carmaker Maruti Suzuki India is neither shifting investments nor jobs from Haryana to Gujarat by shifting production of its compact sedan Dzire, company chairman RC Bhargava said on Tuesday. The company is maximising the efficiency of production at its two plants at Haryana and the parent Suzuki's Gujarat plant, keeping in mind the demand of its multiple models.
In what seems to be a softening of stance, Maruti Suzuki India Ltd (MSIL) has decided not to take any immediate steps to de-recognise the newly instituted Maruti Suzuki Workers' Union (MSWU) of the Manesar unit.
With seven models to choose from, it can get quite confusing.
The company has been hit hard, not only by strike of its own workers, but also due to the supply shortage of engines and transmissions from Suzuki Powertrain India Ltd.
The company, whose arm Maruti Suzuki is the largest passenger vehicles maker in India, asserted that it does not align with any political or religious inclination in any part of the world.
Maruti Suzuki will showcase 17 vehicles at the forthcoming Auto Expo in January 2010.
Even as Maruti Suzuki's once bread-and-butter M800 model is seeing interest wane among buyers in India, demand for the country's once most iconic car has shot up in markets abroad.
This edition is dedicated to the bollywood actor R Madahavan who also happens to be the brand ambassador of the hatchback.
It will introduce new cars across segments and also target rural India to push up sales.
Maruti Suzuki India on Monday said it is assessing the possible impact of the devastating earthquake and tsunami in Japan on its components import from there, while cancelling celebrations to mark one crore production milestone in India.
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The car comes with alloy wheels, body graphic, new stereo, and special seat covers.
These cars were most appreciated on India s roads.
Expressing solidarity with agitating Maruti Suzuki workers, about a hundred protesters from various trade unions staged a demonstration outside Haryana Bhawan on Thursday, seeking the government's intervention for reversing the suspension and dismissal of workers by MSI.
"We are training about 100 people in research and development area at Suzuki Japan. They have been sent to Japan for two years and would come back in batches between 2008-10," Maruti Suzuki India's executive director (HR) S Y Siddiqui told PTI.
Indian car major Maruti's Japanese parent Suzuki on Wednesday said it will sell 19.9 per cent stake to Germany's Volkswagen for about $2.5 billion (about Rs 11,500 crore).
The Baleno cars covered in the recall include 17,231 export units.
The testing facility at Rohtak would have more than 30 different tracks covering a length of about 30 km to check the various operational aspects of a vehicle.
Country's largest car maker draws nearly half of its sales from exchange programmes, rural focus.
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.
Brushing aside concerns raised by proxy advisory firm IiAS on Suzuki's investment in the EV project, Maruti Suzuki chairman RC Bhargava on Thursday asserted that there was nothing in it against the interest of the company and its shareholders as it is part of an earlier arrangement. Countering the criticism from the proxy advisory firm, Bhargava noted that all models produced at Suzuki Motor Gujarat (SMG), including EVs, would be ultimately sold by Maruti Suzuki India (MSI) in the marketplace. IiAS has raised serious questions regarding the decision of the Suzuki Motor Corporation (SMC) to invest directly in the EV project instead of MSI doing it.
Sensing stiff competition from Maruti Suzuki with the all-new Alto 800 with an aggressive price tag, Hyundai and Tata Motors announced deep price cuts and launch of new special edition variants, respectively to beat the market leader.
MUL would lift the month-long lockout and resume production at the violence-hit Manesar unit from Tuesday.
Talks between the management and striking workers at the Manesar plant broke down.
The previous highest sales figure stood at 1,08,006 units in September 2010. It was also for the fifth time in this fiscal that the company's monthly sales crossed the one lakh mark.
The current headcount in Maruti stands at around 9,350, including the 200 employees it hired since the beginning of this fiscal.
Tata Motors Passenger Vehicles Ltd expects contribution of SUVs to its overall sales to go beyond 70 per cent with it making foray into the fast growing mid-sized segment with a premium positioning of its Sierra model, according to its Managing Director & CEO, Shailesh Chandra.
Nissan Motor Company, Japan's third-largest auto maker, has decided to cut its small car sourcing target from India's biggest car company Maruti Suzuki by 80 per cent in view of the severe downturn in Europe's automobile market.
According to industry sources, the company has stopped its production of the current SX4 model in order to change engine, which would be in compliant with the Bharat Stage-IV norms.
Car exports from India have reached the levels of around six lakh units annually.
The new model, which is based on the company's fifth generation HEARTECT platform, comes with a BS-VI compliant one-litre petrol engine with a claimed fuel efficiency of 21.7 km per litre.
In February, Maruti cut vehicle prices by between Rs 8,502 and Rs 30,984 across models after the excise duty reduction was announced.
Includes all-new versions of Swift and Swift Dzire.
The crippling strike at the country's largest car-maker Maruti Suzuki India's Manesar plant entered its 13th day on Thursday, with production completely shut down.
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.
Workers, union leaders in hiding amid spate of arrests; Japanese nationals among 100 injured; killed person identified as HR general manager
According to information available on the company's website, Swift, which was launched as a world strategic model in 2004, reached cumulative worldwide sales of four million units in August 2014 -- nine years and nine months since the start of sales in 2004.
Taking exception to an advertisement by Maruti Suzuki India in November last year in one of the newspapers published in Chandigarh, HSCI's notice said a comparison between SX4 and the new Honda City was made, which had 'given completely false figures of the new Honda City in order to show superiority of your product SX4.' The comparison relates to height and length of the new Honda City as well as the 'absence' of integrated stereo systems.
Top carmaker Maruti Suzuki on Thursday said that Gujarat is a preferred location for the company to set up its new manufacturing plant.
Maruti was allotted around 640 acres of land at Hansalpur which lies nestled between Mehsana district and the Sanand-Viramgam area.
