'It will take some more time because the affordability of these cars have changed drastically.'
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.
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.
Maruti Suzuki fears a drop in demand for the auto sector in FY 12
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.
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.
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.
The company has in the meantime said the plant will remain closed.
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?
The firm has suffered production loss of about 1,200 units, valued at around Rs 60 crore.
The model will get new upholstery and audio system.
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.
The other four models introduced with the alternative fuel option are compact cars Estilo and WagonR, multi-purpose vehicle Eeco and mid-sized sedan SX4.
Maruti Suzuki, the market leader famous for cost effective management in its products, will face the French carmaker.
The petrol variant of the Celerio VXi is available for Rs 4.06 lakh (ex-showroom Delhi).
Good conduct bonds and contract workers won't help.
While retrenchment of workers is possible under the Industrial Disputes Act, subject to the approval of the state government, dismissal is possible under the Industrial Employment Standing Orders Act, which does not require the state approval.
Three models from Maruti Suzuki, as well as models from Mahindra-Renault, Chevrolet, Toyota and Honda have got top rankings in their respective segments in a survey for new-vehicle design and performance in India, according to J D Power Asia Pacific 2007 India Automatic Performance, Execution and Layout Study (APEAL) released on Wednesday.
The company had sold 50 units of SX4 sedan in August 2014.
While the country's largest car maker, Maruti Suzuki India, said its car will become costly by two per cent, Hyundai Motor India said it will result in a price rise of Rs 6,500-25,000 on average.
Despite the current economic slowdown in the auto industry, the country's largest car maker, Maruti Suzuki India on Thursday said it will hire around 700 people in various departments in the next fiscal, even as it has raised its headcount by 745 in the current fiscal itself.
Passenger vehicle dispatches from companies to dealerships witnessed an increase of 1.6 pc year-on-year in January at 399,386 units driven by robust demand for utility vehicles, industry body SIAM said on Thursday. It was the highest-ever passenger vehicle dispatch for the month of January.
From the Sensex pack, Tech Mahindra, HDFC Bank, Larsen & Toubro, ITC, Infosys, IndusInd Bank, Kotak Mahindra Bank, Titan and HCL Technologies were among the gainers. Maruti Suzuki India, Tata Steel, Bajaj Finance, UltraTech Cement, Nestle India, Axis Bank and Tata Consultancy Services (TCS) were among the laggards.
The programme was initially launched by O Suzuki, chairman and chief executive officer, Suzuki Motor Corporation in Japan about a month back and has been replicated in the Indian operations as well. Each Maruti car has around 10,000 components and subcomponents that can be classified into 1500 categories.
Maruti has trained 450,000 people in seven years and plans to train 800,000 people in the next three years at its ITDRs, to be set up in other states. Within a year, one ITDR each will be opened in Bahadurgarh, Rohtak, Dehradun and Vadodara. The company will sign soon a memorandum of understanding with the Bihar and West Bengal governments to set up similar projects.
The list includes compact SUV, mini SUV, premium hatchback and premium MPV.
The Maruti Celerio isn't a game changer but an average performer in many areas.
Maruti is now at a market share of 50.4%, up from 47.3% last year. In China, the world's biggest market, Volkswagen is the largest, with a share of 17%. In America, the second biggest, GM is leader with 18%. One exception is South Korea, where Hyundai has a market share in excess of 60%.
From the 30-share Sensex pack, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Asian Paints, Infosys and Maruti Suzuki were the biggest laggards.
The petrol and diesel base variants of Enjoy are priced Rs 49,000 and Rs 70,000 cheaper than the Ertiga.
Production has not started yet, but there are indications that it will resume today with alternate arrangements like contract workers and hiring technicians.
'It leads to more investment, more money put in R&D, expansion and modernisation.'
Seeking to make a mark in the big car segment, the country's largest car maker Maruti Suzuki India will open bookings of its upcoming mid-sized sedan Ciaz from Wednesday.
In the last two days, the company had done the ground work for resumption of work in the press, weld and paint shops by bringing in additional workers.
Will sign agreement with vendors to make sure indigenisation takes place within given timeframe.
Maruti Suzuki India, which last year dropped Udyog as its middle name and appointed its first Japanese managing director, has set up a new management structure installing five Indians in crucial decision-making positions. This layer forms the second rung of the company's executive management, just below managing director S Nakanishi. Earlier, when Jagdish Khattar was the managing director, he was the only Indian in the top management.
The unit has a manufacturing capacity of 700,000 cars in two shifts. This means the Japanese major is cutting production by 35,000 cars as higher loan rates and a slowing economy sapped demand for automobiles. Sales at Maruti, 54 per cent owned by Suzuki, fell 7 per cent in October. India is the biggest global market for Suzuki, Japan's second-largest minicar maker.
The country's largest car maker Maruti Suzuki India on Tuesday reached a wage settlement agreement with its workers at its Gurgaon plant, under which the employees will get an average salary hike of Rs 18,000 per month spread over three years.
The company will stop offers once the sales pickup.
Under the campaign --'Beat The Heat', the company will also offer free top wash, TrueValue evaluation and exchange.
