The Japanese giant will also consider increasing its capacity, which could mean a new plant or expansion of existing units, after its ongoing expansion to 500,000 vehicles is completed in phases.
So at the beginning of the current financial year when the domestic automobile industry started to depict the first signs of a slowdown, MSIL resolved to intensify focus on such niche segments to bring in the additional numbers.
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 India has hiked prices of its diesel cars by up to Rs 10,000 with effect from Monday on account of higher input costs and appreciation of Japanese yen.
The overall winners in the National Rally Championship will drive away with top models from the company's stable.
Top HR minds in India, including Santrupt Misra of Aditya Birla Group, Satish Pradhan of Tata Sons, P Dwarakanath of Max India, Aquil Busrai (ex-IBM India) and Price Augustine of Mahindra & Mahindra and Pankaj Bansal of People Strong were among those who brainstormed with Maruti Suzuki India chief operating officer (administration) S Y Siddiqui last week.
Along with the M800, MSI will also be phasing out its second oldest model, the utility van Omni. In the initial phase, the two models will be done away with in 11 cities from next year, where the Bharat Stage-IV emission norms (which is equivalent to Euro-IV norms) will become applicable. The company would not upgrade the engines of these two models to meet better emission standards, he said while also ruling out their replacements.
Worried over the large scale violence on Wednesday that claimed the life of a senior official, Maruti Suzuki India may be considering a lockout as one of the options for now.
One person was killed and at least 40 were injured on Wednesday in a clash between workers and the managerial staff at the Maruti Suzuki India's Manesar plant in Gurgaon, forcing stoppage of work.
Six cars slug it out for supremacy.
Popular new models like Maruti Ciaz and Hyundai Elite i20 are reported to get dearer in a few days time.
With the domestic automart showing signs of correction, the country's largest car maker Maruti Suzuki India (MSI) is looking at strengthening its back-end operations by asking vendors to increase efficiency, besides building their own research and development capabilities.
Leading car maker Maruti Suzuki India Ltd on Thursday reported a 22.37 per cent increase in domestic sales in April at 59,539 units as compared to 48,652 units in the same month last year.
The Manesar plant rolls out about 1,200 units every day in two shifts.
The largest carmaker in India, Maruti Suzuki, launched the new variant of Ritz at the beginning of the New Year priced at Rs 615,000. If you wondering what special about the car; it's the automatic transmission, which is offered with VXI petrol variant. And it's good.
According to the organising committee of the Commonwealth Games, orders have been placed with Tata Motors for nearly 1,800 cars during the games and some more cars, jeeps and trucks for the Queen Baton Relay that would commence its nationwide run from June 25.
Maruti Suzuki India to hike prices of its vehicles across models by up to Rs 20,000 from January to offset rising costs.
The state transport department recently announced to give permit to 3,000 new taxis.
The company has 828 sales outlets and there are plans to double them in the next five years, general manager (marketing and sales) Partho Banerjee told reporters in Kochi.
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
The country's largest carmaker Maruti Suzuki India is recalling about one lakh units of its flagship export model 'A-Star' to replace a faulty fuel pump part. The company is replacing a faulty rubber gasket in about one lakh cars -- manufactured before August 2009 and sold in domestic as well as overseas markets, to prevent any possible fuel leakage.
The amount would depend on the time period that would elapse from the start to when capacity reaches 1.5 million cars
The concept XA Alpha showcases the unified R&D of Suzuki Motor Corp and Maruti Suzuki India.
Maruti's exports are limited and mainly to countries in Africa and Latin America.
Maruti Suzuki India Ltd (MSIL) is planning to offer low-cost houses to its 5,000 employees, as it tries to walk the extra mile to improve relations with workers.
Ruural markets contribute a significant chunk of SUV sales and there was a slowdown in demand from semi-urban and rural areas.
Maruti Suzuki India on Wednesday said it will reorient the production of 'Swift' and 'DZiRE' in its two facilities at Gurgaon and Manesar to enhance output. As per the plan, the company will shift the entire assembly of its sedan 'DZiRE' to the Gurgaon plant by around July next year.
The country's largest car maker Maruti Suzuki India's 'completely made in India car' will hit the roads by 2012 and the company is likely to finalise the design within the next six months.
Wagon R's sibling is out with additional features new body graphics, new wheel cover design, rear spoiler, bumper rub rails, body rub rails at the rear and front end, on the exterior level of the car.
India's largest passenger car maker, which witnessed around 4 per cent growth in its sales to touch 410,120 units during April-October 2008 compared to the year-ago period, has seen considerable success in attracting new customers through a multi-pronged strategy, including aggressive marketing campaign aimed at rural markets, corporate customers and central government employees and certain cost-cutting measures.
The lockout at its Manesar plant notwithstanding, the country's largest carmaker Maruti Suzuki India on Wednesday reported 9.2 per cent increase in sales for July at 82,234 units as against 75,300 units in the same month last year.
The company, which has witnessed three prolonged labour issues at the plant this year, including the ongoing strike, also blamed inexperienced workers for the trouble, saying they need to 'have some respect for law'.
Maruti Suzuki has asked its 200-odd vendors to cut their component costs by three per cent across the board in this financial year.
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 sun may be slowly setting on Maruti Suzuki India's once flagship M800 model in the domestic market, but the car is springing a surprise with rising exports this financial year.
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.
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