The automaker says it has taken into account some of the big concerns of those behind the wheels today: improved acceleration performance, strength and rigidity, spacious and a more comfortable driving experience.
The move to commission the new facility a month ahead of schedule comes in a bid to deal with the production impasse the company finds itself in.
It will be the first company to come out with factory-fitted CNG cars.
Car market leader Maruti Suzuki India Ltd (MSIL) on Saturday reported a 24 per cent jump in its car sales in the domestic market during November at 65,216 units against 52,574 units in the corresponding month last year.
The company had introduced the AGS technology in India with Celerio and it currently offers it in Alto K10 and WagonR also.
General Motors India reported on Monday a 64 per cent increase in its domestic vehicle sales during September at 5,751 units against 3,506 units in the same month last year. Mahindra and Mahindra reported on Monday a 24.9 per cent increase.
Maruti has shortlisted 10 candidates so far. Tata Motors declined to give details, but confirmed it is looking at recruiting specialists for different functions of product development, given their research and development expansion plans in India. Both companies are looking at people with relevant knowhow on emission and safety norms in Europe and the US.
The company on Monday sacked sacked 11 employees atthe plant for allegedly inciting others to strike work.
The country's largest car maker Maruti Suzuki India is understood to be scouting for location to set up a manufacturing unit in Gujarat, which could be its first plant outside Haryana where it has been based since its inception in 1983.
Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 350,257 lakh units last month as compared to 335,436 in the same month a year ago, registering a growth of 4 per cent.
Maruti Udyog has posted a net profit of Rs 376.41 crore for the third quarter ended December 31, 2006 when compared with Rs 339.01 crore in Q3 FY06.
First off the block will be a new multi-purpose vehicle which is being co-developed with Toyota - Suzuki's alliance partner. The model will also wear a Toyota badge.
Hoping to turn the tables on Japanese rival Maruti Suzuki's Swift, Korean car major Hyundai will launch a new version of its premium hatchback Getz under a new name Getz Prime by the end of this month in India.
Contrary to expectations that car sales dip in December, auto majors Maruti Suzuki and Hyundai Motor India are poised to grow 30 per cent in sales (the two companies control 72 per cent of the domestic market). General Motors is looking at 70-80 per cent increase in sales.
MSI had around 3,300 workers at the Manesar plant before the July 18 violence, in which one executive was killed and 100 injured.
MSIL, India's biggest car maker, said it was in advanced talks with Fiat to ink a diesel engine sourcing contract that would allow it to rapidly increase diesel model supplies into the market.
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Major Indian carmakers are preparing for sluggish domestic PV sales growth of just 1-2 per cent in FY26.
Sales of the Maruti's mini-segment cars such as M800, A-Star, Alto and WagonR, fell by 15.87 per cent
MSIL deputed another 40 engineers from its Gurgaon plant to work at Manesar also in Haryana. This takes the total strength of engineers at the facility now to 90.
The company, which produced 92,653 units in September 2012, however, had sold more cars this year in the same month.
Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday due to late selling in index major Reliance Industries, ITC and HDFC Bank even as the RBI took the first step towards a rate cut in its monetary policy review. Erasing its early gains, the 30-share BSE Sensex fell 167.71 points or 0.21 per cent to close at 81,467.1. During the day, it surged 684.4 points or 0.83 per cent to hit an intra-day high of 82,319.21.
Maruti Suzuki, with a half a dozen models ranging from the best-selling car Alto to WagonR, Swift and Estilo accounts for around 57 per cent of the small car market in India. In the premium hatchback segment, the company's market share stands at a robust 48 per cent.
The country's biggest car maker Maruti Suzuki India on Monday reported 27.4 per cent decline in car sales during November at 47,103 units compared to 64,885 units in the same month last year.
Around 2,000 workers at the plant have been on strike since Saturday, resulting in a production loss of about 5,400 units, so far.
The country's largest car maker Maruti Suzuki India on Tuesday said its sales may be hit if strike at its Manesar plant prolongs, while it has already incurred production loss of about 3,000 units till the 4th day of stir by workers.
Sales of mini cars comprising Alto and WagonR were at 11,577 units as compared to 37,710 units in July last year, down 69.3 per cent.
The domestic sales stood at 64,682 units compared with 63,086 units in the same month a year ago, up 2.53 per cent, the company said.
Auto firms have reported a good jump in sales for the month of December
Maruti Suzuki will be launching 20 new products by 2020.
The company said the price rise is effective from April 4 across the country.
Tata Motors on Friday said it will hike the prices of its passenger vehicles, excluding the Nano, by up to Rs 36,000 from April 1, to offset rising input costs.
