Tata Motors surpassed Maruti Suzuki (India) (MSIL) to become the most-valuable automobile company, in terms of market capitalisation (mcap), after a gap of seven years. With this, the company's stock hit a new high on the BSE on Tuesday (January 30). The combined mcap of Tata Motors (Rs 285.51 crore) and Tata Motors DVR (Rs 29,119 crore) stood at Rs 3.146 trillion.
Find out changes Maruti Suzuki has made to its SX4 sedan that will hit the road soon.
Aimed at strengthening its position in the compact car segment, country's largest car maker Maruti Suzuki India (MSI) on Thursday launched 'Celerio', priced between Rs 3.9 lakh and Rs 4.96 lakh (ex-showroom Delhi).
The workers resorted to a strike when five of them were suspended for 'allegedly assaulting a supervisor' on Wednesday.
Maruti, which is majority owned by Suzuki Motors of Japan, pays massive tax, generates huge employment (its staff are almost entirely Indians) and also makes its investors extremely rich. JLR, on the other hand, though owned by Tata has its factories in England and China and in every way (sales, employment, technology) has nothing Indian about it.
Maruti says, WagonR is one of the top 5 brands in India.
Following the July 18 violence, in which a senior company official was killed and 100 others injured, Maruti Suzuki India had decided to do away with contract workers at its production line.
The Amaze, Honda's first diesel car in India, has seen several buyers line up for test drives and dealers struggling to meet increasing demand.
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.
Taking a cue from success of Mahindra and Renault sports utility vehicles, Maruti Suzuki plans to launch two compact SUVs.
The company also said production at its main plant at Gurgaon has been resumed after a two-day closure last week due to component supply constraints from Suzuki Powertrain India Ptd.
MSIL has been asked to suggest a new formula.
Rise in prices of essential inputs increases cost of producing cars, making them less affordable.
Among these will be all-new Swift and Dzire.
Company has taken preliminary tests of 1,181 candidates from state ITI.
The company sold 1,97,685 units of Dzire in 2013-14 fiscal.
The company sold 1,97,685 units of Dzire in 2013-14 fiscal.
Named ConceptFutureS, it is a uniquely styled compact car with distinct SUV like characters and will define the next generation of design for compact vehicles in India, the company said.
For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.
Maruti reversed geared this time and for the first time in history, designed a car from scratch to suit Indian conditions.
The company had sold 92,161 units in the same month previous year, MSI said in a statement.
Led by Maruti Suzuki, Japanese cars stole the limelight at JD Power Asia Pacific 2004 award function with only the Tata Motors holding fort among Indian car markers with Safari
Compact segment sales rise 7.63%, mini segment registers 5.76% dip.
The sacked workers have constituted a seven-member provisional working committee.
The first luxury car will be launched in the first quarter of 2025 and the company is planning to open 12 'MG Select' showrooms in the next six months.
Maruti Suzuki India is gearing up to introduce by the end of this year a new 800cc car that is likely to be more fuel efficient, but also more expensive, than its existing best selling model Alto.
Hyundai's Grand i10 is a direct challenge to the Swift in the premium compact segment. Is it capable of dislodging the long-reigning Maruti Suzuki car from the top perch?
Toyota, General Motors, Volkswagen, Ford, Honda, Renault, Hyundai, Suzuki and Nissan are among those who boast of production of a million unit or more every year.
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.
The petrol variant of the Celerio VXi is available for Rs 4.06 lakh (ex-showroom Delhi).
Rolled out in a fleet of four, which comprises three petrol variants along with a CNG counterpart, the freshly redesigned Wagon R has much more than just an exterior upgrade to offer its buyers.
Maruti Suzuki fears a drop in demand for the auto sector in FY 12
These risks would be significantly reduced if the cars had to comply with the UN test regulation for frontal and side impact.
The model will get new upholstery and audio system.
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 company has in the meantime said the plant will remain closed.
The firm has suffered production loss of about 1,200 units, valued at around Rs 60 crore.
Maruti Suzuki, the market leader famous for cost effective management in its products, will face the French carmaker.
While saying money was due from Suzuki, the HC told the tax department to determine an appropriate arm's-length pricing mechanism in this case.
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