The new Swift, which the country's biggest car maker -- Maruti Suzuki India Ltd -- plans to launch next month, is more fuel-efficient. It will come with 1.2-litre petrol and 1.3-litre diesel variants.
Maruti Suzuki India said on Wednesday it has run out of stock of the two best selling models, Swift and DZire, which are produced at the Manesar plant where it has declared lockout following violence last week.
India's largest carmaker Maruti Suzuki India is planning to launch a new version of its small car Alto, the highest selling model in India, with a bigger engine.
At a time when frequent labour unrests are plaguing the Indian auto industry, car market leader Maruti Suzuki was able to save about Rs 160 crore (Rs 1.6 billion) in 2010-11 by implementing suggestions given by its workers. "We have active engagement programmes going on in the company.
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.
Manesar plant was rolling about 1,200 cars every day before the first strike hit in June.
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.
The dealers have started accepting bookings for Rs 10,000.
Production at Gurgaon plant remained low on Thursday and rolled out only 600 vehicles as against the normal daily production of 2,800 vehicles.
The new SX4 comes with many features including an all new touch-screen audio with integrated navigation with Bluetooth.
According to a memorandum of understanding signed between the two organisations, Maruti Suzuki India will sponsor executives every year for the part-time post-graduate diploma in management programme at IMI, the car-maker said.
MSI's exports, however, fell by 13 per cent to 10,554 units.
While compact SUV Vitara Brezza will cost Rs 20K more, Baleno will be constlier by Rs 10K
In March it reported an increase of 38.85 per cent in sales in the domestic market to 110,424 units from 79,530 units.
Suzuki Motor Corporation, Japan, on Thursday said it has filed suits in the Delhi High Court against ten companies for using the brand 'Suzuki' as trademark or part of their corporate names.
Prices third Nexa car aggressively at Rs 4.59 lakh, to take on Hyundai's i10Grand and M&M'S KUV100.
Cops name them as main accused in violence at Manesar plant, in which a senior official was killed.
The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, got subscribed 2.37 times on the third day of the bidding on Thursday, helped by institutional buyers. This is the largest IPO in the country, surpassing LIC's initial share sale of Rs 21,000 crore. The Rs 27,870 crore initial share sale got bids for 23,63,26,937 shares against 9,97,69,810 shares on offer, translating into 2.37 times subscription, as per NSE data.
There is a possibility of fuel smell and in extreme condition there may be some fuel leakage.
A draft notice has been prepared and villagers are deliberating on the issue and taking legal counsel.
The car, the cheapest in its category, will compete against the Maruti Suzuki Dzire, the Honda Amaze, the Hyundai Xcent and the Tata Motors Indigo CS.
Shinzo Nakanishi had a total pay package of Rs 2.8 crore (Rs 28 million) last fiscal ended March 31, 2012, slightly higher than Rs 2.4 crore (Rs 24 million) in the previous year, as per Maruti Suzuki's latest annual report for 2011-12.
Market leader Maruti Suzuki on Tuesday unveiled a new sedan, Swift DZiRE, to be launched on March 29 priced below the company's existing car SX4. The new car will be available in both petrol and diesel variants. The petrol variant may be priced between Rs 4.75 to Rs 5 lakh, while the diesel variant would be available for above Rs 5.5 lakh. Maruti is also expanding the capacity of its plant in Manesar to 3 lakh units per annum by 2010, up from the existing about 1.4lakh units.
As the strike at its Manesar plant entered the fifth day on Wednesday, the country's largest car-maker Maruti Suzuki India said there was no question of accepting the demands of the workers.
With 15 models and a market share of close to 50 per cent, it rules the Indian market, selling almost 1.5 million units every year, rolling out one model every ten seconds.
The A-Star will be available at an introductory price ranging from Rs 3,47,000 to Rs 4,12,000. A-Star is Maruti's fifth global model which would be manufactured only in India. The company plans to sell 50,000 units in the domestic market, while targets to export 1 lakh units.
The auto-maker's total headcount is currently 7,200. "We plan to have a total employee strength of 7,350 by the year-end," Maruti Suzuki India Managing Executive Officer Administration (HR, Finance and IT) S Y Siddiqui said.
The New Year will begin on a costly note for car buyers with major players, including Maruti Suzuki, Hyundai Motors and General Motors, planning to increase prices of the vehicles by as much as Rs 12,000.
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.
Tesla needs to either sell the same models with reduced features to lower the cost for Indian market, or incur losses.
The historic 10 millionth car is a Metallic Breeze Blue WagonR VXi, with chassis No 243899 and was rolled out from the company's Gurgaon plant.
While the workers have decided to retain the previously proposed name Maruti Suzuki Employees' Union, a new crop of leaders have emerged to take forward their cause.
India's largest car maker Maruti Suzuki on Thursday said it has no plans to cut the price of Maruti 800 to compete with Tata Motors' Nano.
The order, which came on Monday, stated that revenue authorities cannot split the agreement when the parties to the agreement considered the royalty and technical knowhow as a single package.
'We are going to have hybrid cars, which, as far as I know, none of our competition is working on, and this includes ethanol.'
Maruti Suzuki India will set up 200 new company-owned service centres across the country by the end of the financial year, after which it will have over 3,040 such centres.
The fact that Ratan Tata is lurking around the corner with his Rs 1 lakh car will not make Nakanishi's job any easier, or less public.
According to sources close to the development, the newly formed body -- Maruti Suzuki Workers' Union -- has submitted a list of about 20 demands to the management for consideration while finalising the three-year wage settlement agreement.
While MSI's price cuts range between Rs 8,502 and Rs 30,984 across its models, Hyundai has slashed prices by between Rs 10,000 and Rs 135,300.
