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 board of Maruti Suzuki India (MSIL) on Tuesday approved a proposal to issue shares worth Rs 12,841 crore to parent company Suzuki Motor Corporation (SMC) for acquiring Suzuki Motor Gujarat (SMG). The Gujarat manufacturing plant - with an annual capacity of 750,000 units - is owned by SMG, a wholly-owned subsidiary of SMC. The shares issued to SMC will raise its ownership in MSIL from 56.48 per cent to 58.19 per cent--India's largest carmaker stated in a notice to BSE.
Good sowing of kharif crops, better minimum support prices, and fewer Covid-19 cases (in villages) will help the rural growth story to continue, says Maruti.
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.
Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.
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.
The Centre is keen on a probe to find out if the violence in the Maruti plant in Manesar has any Maoist link.
The anniversary variant will compete with Chevrolet Enjoy and the Mahindra Xylo H-Series.
Maruti Suzuki India (MSI) and Hyundai posted single-digit growth in domestic sales in June, even as the overall passenger vehicle segment crossed the 20 lakh units sales mark for the first time-ever in the first half this year. Toyota Kirloskar Motor reported a double-digit growth in dispatches to dealers, while Kia saw a dip in wholesales last month. MG Motor India also reported a double-digit increase in retail sales in June 2023 compared to the same month last year.
R C Bhargava says company's move on the Gujarat plant will be beneficial to its shareholders.
Auto Expo 2023 may not trigger a fresh rally in automobile stocks, say analysts, as this year's edition lacks participation from major listed players. It is also owing to the focus on electric vehicles (EVs), a segment where four-wheelers have minuscule market share. "In the passenger vehicles (PV) segment, Maruti Suzuki India and Tata Motors are the only listed players.
With 25 per cent sales growth in the multi-utility vehicle segment, other car makers rushing in, too.
Maruti Suzuki signed a State Support Agreement with the Gujarat government in June 2012 for buying land and setting up a factory
77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases.
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, which currently sells a range of vehicles from Alto to S-Cross, said it has taken the decision to hike prices due to an increase in input costs. The weighted average price rise, with effect from April 18, in ex-showroom prices (New Delhi) across models is 1.3 per cent, it added.
"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.
Maruti Suzuki Motor Corp on Tuesday rolled out its millionth baby, a dazzling red Swift from its plant here.
The company had sold 115,433 units in the corresponding month last year, MSI said in a statement.
The company sold 62,515 vehicles in December 2007 which includes 4,114 units of exports
Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in best-ever performance to date. The country's largest carmaker Maruti Suzuki India reported its highest wholesales to date at 19,66,164 units, up 19 per cent from 16,52,653 units in 2021-22. Its domestic dispatches rose to 17,06,831 units in 2022-23, up 21 per cent from 14,14,277 units in 2021-22 fiscal.Hyundai Motor India said its overall wholesales last fiscal were the highest ever since commencing operations in the country.
Auto majors report positive sales figs for November.
The recall is only for the diesel variants of the three models. Out of the total, 55,938 units are of old Dzire, 12,486 units of old Swift and 1,131 units of Ritz, which were manufactured between March 8, 2010 and August 11, 2013, the company said.
Maruti Suzuki expects a pick-up in demand for petrol cars, even as the diesel segment continues to clock strong volumes. It is also trying to grow exports.
Maruti Ciaz and Ertiga are exempt from the infrastructure cess and so, there is no change in the prices of these models.
iM-4 will be manufactured in India and exported to Europe from 2017.
With Nexa, the value-for-money mass-market car maker hopes to attract premium buyers. Sangeeta Tanwar reports.
Stingray is a sportier version of the WagonR with a more aggressive frontal styling and masculine cues in the rear.
After rolling out five compressed natural gas models last year, India's largest passenger car maker, Maruti Suzuki India Ltd, is mulling a CNG platform for all its makes.
The offer covers the Ritz, Swift, Swift Dzire and Ertiga, and is valid until May 24.
From the Sensex stocks, Power Grid, NTPC, HDFC Bank, Nestle India, Adani Ports and Special Economic Zone, Maruti Suzuki India and Reliance Industries were the major gainers. In contrast, Mahindra and Mahindra, Tata Steel, Bajaj Finserv, State Bank of India, Larsen & Toubro and Tata Motors were the laggards.
Under a new industrial relations deal, the worker's basic right to a living wage and decent working conditions, as well as the right of association and collective bargaining, must be respected and made effective.
For a contiguous plot, the company may need to pay almost three times more for 40 acres at Hansalpur.
A senior Maruti official was killed and 100 injured in violence at the plant last week.
Maruti Suzuki India (MSI) on Wednesday launched an updated variant of its entry level hatchback Alto 800 priced between Rs 2.55 lakh and Rs 3.76 lakh (ex-showroom Delhi).
Labour Minister Shiv Charan Lal Sharma visited Gurgaon on Wednesday to meet senior department officials to decide on the likely course of negotiations.
Maruti Suzuki India is eyeing a leadership position in the SUV segment as it continues to add new products across various sub segments, a top company official said on Wednesday. The country's largest carmaker has bolstered its presence in the high volume entry and mid level SUV segments with new Brezza and all new model -- Grand Vitara. "In every segment except SUV, we are the market leader by a distance. "It is only in the SUV that we are behind, so we need to catch up. Clearly, we have to become number one in the SUV space also," Maruti Suzuki India MD and CEO Hisashi Takeuchi said in an interaction on the sidelines of the global unveiling of Grand Vitara.
However, it has added some stiff riders -- the union cannot be affiliated to any political party or have outsiders as members.
The Japanese giant is already investing Rs 6,000 to Rs 7,000 crore in its research and development (R&D) centre in India. Maruti Suzuki India (MSIL) will roll out a car completely made in India in the next three to four years, which will encompass all the major requirements, including design and engineering architecture, engine development, and the manufacturing process.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances