Developed in-house, the 1.5-litre engine comes mated with six-speed transmission and offers improved performance.
Having learnt lessons from the past with Baleno and SX4 models, the company is preparing to aggressively tap customers who are looking to upgrade, with the Ciaz, on which it has invested Rs 620 crore (Rs 6.2 billion) on development.
Top corporates and banks, including Bharti Airtel, Maruti Suzuki, SAIL and SBI, have paid lower advance taxes during the July-September quarter reflecting the impact of slowdown.
Company executive says 10-15 per cent of production has been affected.
The company would decide on increasing the capacity and investment needed for the same in presence of its parent Suzuki Motor's chairman Osamu Suzuki
Maruti's 7 models in India's top ten selling passenger vehicles in 2016-17
Jagdish Khattar loves to be contrarian. When pondering options, his beady eyes acquire a glint as he wonders aloud how to go against prevailing wisdom. This often shows up in the way he runs Maruti Suzuki India -- that is what Maruti Udyog now calls itself -- the country's largest car maker.
Workers rally in support of sacked employees at Manesar
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.
To be badged the Opel Agila for Europe, the Splash might also be produced in India by Maruti Suzuki for their export commitment to Nissan Europe, totalling 50,000 units.
This is Maruti's first experiment with hybrid technology.
The move offers flexibility in compliance but also places penalties squarely on the designated manager of such a pool.
It has a variant with automatic transmission that costs Rs 380,000.
It expects the Indian market to grow to 10 million units annually by 2030 and it intends to control half the market then, like it does now.
Maruti Udyog Ltd on Wednesday said it would invest a total of Rs 3,271.9 crore (Rs 32.71 billion) for a new car manufacturing plant
Maruti Suzuki had discontinued the mid-sized sedan Baleno in 2006, which was replaced by SX4 later on.
It will house the company's first diesel engine developed for markets like India.
The country's top carmaker Maruti Suzuki India (MSI) on Wednesday said it has decided to advance maintenance shutdown at its two Haryana-based manufacturing plants by a month amid a surge in the COVID-19 cases across the country. The auto major was supposed to take the shutdown at its two plants in Gurugram and Manesar in June, but due to the tsunami of COVID-19 cases, it decided to take it one month earlier to save oxygen for medical needs. MSI noted that as part of the car manufacturing process, it uses a small amount of oxygen in its factories, while relatively much larger quantities are used by the manufacturers of components.
Hyundai, has a share of about 16% and grew sales by less than 4% in April- May 2017-18
The country's largest car maker Maruti Suzuki on Thursday said it intends to tap a host of new export markets like the Middle East, South America and Australia.
Despite the benefits of hybrid technology, a lack of government backing and few launches have kept the segment from gaining ground.
R C Bhargava says company's move on the Gujarat plant will be beneficial to its shareholders.
The Centre is keen on a probe to find out if the violence in the Maruti plant in Manesar has any Maoist link.
Maruti Suzuki signed a State Support Agreement with the Gujarat government in June 2012 for buying land and setting up a factory
With swanky showrooms and VR-enabled sales platforms Maruti Suzuki, Tata Motors, and Skoda bet on shine and gloss,and place their faith in experiential branding.
The proposed reforms in goods and services tax (GST) announced by the government last week, coupled with the eighth pay commission dole-out, is likely to push consumption-driven stocks - such as air conditioners (ACs), select automobiles, fast-moving consumer goods (FMCG), retail, and counters of quick-service restaurants (QSRs) - into higher orbit over the next few months, believe analysts.
The anniversary variant will compete with Chevrolet Enjoy and the Mahindra Xylo H-Series.
The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.
From the Sensex pack, Nestle India, HCL Technologies, Tech Mahindra, Bharti Airtel, Titan, Infosys, Asian Paints, NTPC, Bajaj Finserv and Sun Pharmaceuticals were among the laggards. State Bank of India, IndusInd Bank, Zomato, Power Grid, ICICI Bank, Tata Motors, Mahindra & Mahindra, Tata Consultancy Services and Adani Ports were the gainers.
With 25 per cent sales growth in the multi-utility vehicle segment, other car makers rushing in, too.
However, compared to August, vehicle sales increased by 15.25 per cent on the back of discounts. Maruti led the market in offering heavy discounts and incentives for buyers and dealers, reports Arindam Majumder.
The country's largest car maker Maruri Suzuki India on Friday said it has cut down production on most of its models this month due to slowdown in the market.
The company sold 62,515 vehicles in December 2007 which includes 4,114 units of exports
Maruti Suzuki Motor Corp on Tuesday rolled out its millionth baby, a dazzling red Swift from its plant here.
Data collated for 47 BSE50 companies (as of H1FY25) shows employees and workers filed 8,468 such complaints in FY24.
"The Manesar plant remains captive in the hands of workers. There is no production possible there. Due to the impact of components from SPIL, production at Gurgaon will be even lower compared to yesterday," a Maruti Suzuki India spokesperson said.
Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers' body FADA said on Friday. The passenger vehicle registrations last month stood at 302,214 units, as compared to 311,908 units in May 2024.
The company had sold 115,433 units in the corresponding month last year, MSI said in a statement.
