Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by gains in shipments of passenger vehicles and two-wheelers. According to Siam data, the overall exports in the April-September period stood at 25,28,248 units, up 14 per cent as compared with 22,11,457 units in the year-ago period. "Key markets like Latin America and Africa, which had slowed down for various reasons, have bounced back.
Wants to cut inventory due to slowing sales.
The quality of cars manufactured in India continued to improve with problems reported by customers dropping in all categories, a study by JD Power Asia Pacific has said, while the country's leading car maker Maruti Suzuki emerged at the top in the 'I
Maruti Suzuki is the latest auto major in the country preparing for trading in carbon credits.
Although the new Wagon R will be costlier by about Rs 10,000 across variants from the outgoing version, it will be more fuel efficient by 8 per cent at 20.51 kmpl.
Maruti Suzuki India Limited (MSIL), the country's largest car maker, has initiated a service campaign to inspect a probable fault and replace a part of the clutch operation system in the Ciaz, its mid-size sedan.
These are the top buyers of the scrapped electoral bonds, the data for which was released by the Election Commission on Thursday.
Eon has enough substance to disrupt Alto's free run.
It expects 6-7 per cent sales growth in 2013-14.
After having sustained huge losses due to a spate of violent protests by workers since 2011, the company is putting in place measures to prevent a repeat.
Going all out to market the all new Alto 800, pricing the base variant of the new car lower than the outgoing model, Maruti Suzuki India Ltd (MSIL), today said it will start exporting the car from Gujarat's Mundra port from December this year. The first export market is likely to be Chile in South America.
Major carmakers in the country are loading barrels for the coming battle in the field, reports Arnab Dutta.
The country's largest car maker, Maruti Suzuki India (MSI), is looking to regain lost ground in the small car segment with the launch of a completely new version of its erstwhile best- selling model Alto.
The company also said it could consider increasing the production capacity beyond 10 lakh (Rs 1 million) units a year after completing the ongoing re-alignment between the two facilities in Gurgaon and Manesar.
As expected, land prices in the region have shot through the roof in the last three to four months, rising about 12 times compared to prices a couple of years earlier.
The company said it will inspect the steering column for 1,492 vehicles -- Ertiga: 306 units, Swift: 592 units, Dzire: 581 units and A-Star: 13 units manufactured between October 19, 2013 and 26th October 2013.
The company will restart the production at the unit under heavy police presence.
Some economists have said the industry's woes have shown signs of bottoming out.
It is looking out for new markets to increase exports.
The salaries for the top management, which was already better off, have gone up many times whereas wages at the bottom have marginally increased thereby widening the gap between the rich and the poor.
Eon wins in design and style. Alto is powerful and cheaper.
Domestic passenger vehicles sales rose by 23 per cent to a record of 37.93 lakh units in 2022 led by the likes of Maruti Suzuki, Hyundai and Tata Motors as the companies rode on easing of pandemic related challenges and semiconductor shortages to cash in on pent up demand, specially for SUVs. Other manufacturers like Toyota Kirloskar Motor and Skoda India also reported record sales in 2022. "The industry wholesales in January to December 2022 were just short of 38 lakh units.
Stock markets snapped their five-day losing run on Friday with the benchmark BSE Sensex closing higher by 75 points on value-buying in banking and oil shares after recent losses. The 30-share BSE Sensex rose by 75.71 points or 0.10 per cent to settle at 73,961.31. During the session, it hit a high of 74,478.89 points and a low of 73,765.15 points.
With the standoff between the management and labour that started on August 29 continuing, the company had brought in 50 ITI-trained and experienced workers on Monday at the plant taking the total workforce to 1,100 people.
Hit by worst ever violence in its history, the country's largest car maker Maruti Suzuki on Friday said it is considering to deploy advanced safety measures forits employees at the Manesar plant.
Maruti Suzuki, the country's largest car manufacturer, on Monday indicated that it planned to launch a 660 cc car in the coming years. In Japan, the 600 cc range includes the Cervo Mode and the Alto.
India, also referred as a hub for small cars, has umpteen hatchbacks running on its roads.
The country's largest car producer -- Maruti Suzuki -- is caught in a cleft. There is growing demand for its cars, but it does not have sufficient production capacity to feed this demand. To top that, this capacity constraint is not likely to be lifted before 2012.
Car market leader Maruti Suzuki India on Monday reported 24.1 per cent increase in net profit for the quarter ended December 31, 2007, at Rs 467 crore (Rs 4.67 billion).
The clout of Aituc and other unions in Haryana's automobile heartland will depend crucially on whether they manage to get a foothold in the country's largest car company.
Maruti Suzuki Chairman R C Bhargava admitted the company had "slipped up" by not informing the press on the recall of 100,000 A-Star vehicles, which began last December, even as the market gave a thumbs up to the car maker with shares going up 2.38 per cent to close at Rs 1,368.65.
India's largest car maker Maruti Suzuki on Saturday raised car prices of most of its models
In the domestic market, sales grew by nine per cent at 64,857 units as against 59,539 units in April last year, while exports grew by 146 per cent at 6,891 units as against 2,797 units last year, the company said in a statement. This is the fourth consecutive month of sales crossing 70,000-units mark, it added.
The country's largest car maker, Maruti Suzuki India, on friday reported 18.33 per cent decline in its net profit after tax for the quarter ended March 31, 2009, at Rs 243.13 crore (Rs 2.43 billion) as against Rs 297.68 crore (Rs 2.98 billion) in the same period previous year.
Auto maker Maruti Suzuki plans to position its upcoming car 'Ritz' at the upper end of the compact car segment that will be powered with a 1197 cc engine.
Among the Sensex stocks, JSW Steel, Asian Paints, Maruti Suzuki India, NTPC, Adani Ports and Special Economic Zone, Bharti Airtel, ITC and Tech Mahindra were the major gainers. Reliance Industries, Tata Motors, Infosys, Mahindra and Mahindra, Bajaj Finance and Axis Bank were the laggards.
The country's largest carmaker Maruti Suzuki India on Wednesday said its flagship export model, A-Star, has crossed one lakh-mark of overseas shipments in less than a year of selling the car in the global markets.
Maruti ready to upgrade safety features.
Maruti Suzuki, the country's largest manufacturer of passenger vehicles, has said its net profit has dipped by 54.27 per cent to Rs 213.57 crore for the quarter ended December 2008. The net profit for the same period last year stood at Rs 467.04 crore. The third quarter net profit dip is the lowest in the last four years.
Maruti announced 10,000 pre-bookings for Ciaz of which 60 per cent was for diesel models.
