The country's largest carmaker Maruti Suzuki India on Monday reported a 25.34 per cent fall in total sales for July to 75,300 units, mainly due to sluggish market condition and non-production of hatchback Swift as the company is preparing to launch a new version of the car soon.
Priced at Rs 754,689, this is the sixth model from the company's portfolio after Alto, WagonR, Swift, Baleno and Dzire to be BS-VI compliant.
The offer covers the Ritz, Swift, Swift Dzire and Ertiga, and is valid until May 24.
Carmakers seem to be driving in the right lane with their new models, with three of the new launches - Maruti Swift diesel and Mahindra Renault Logan as well as GM's Chevrolet Aveo U-VA - finishing on the top of their segments in a customer satisfaction survey.
According to intelligence reports, the terrorists entered the Akhnoor region through the Battal area, and a wireless set seized from them confirmed their association with the JeM.
The company has had a great 2006-07 but the competition could creep up on it this year
The task of usurping three leading brands is far from easy. However, Amaze has shown it can be attempted.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors reported decline in wholesales in August as the companies curtailed vehicle dispatches amid drop in demand and to cut inventories at dealer level. Market leader Maruti Suzuki India said its total domestic passenger vehicle wholesales were at 143,075 units last month as compared to 156,114 units in the year-ago month, registering a dip of 8 per cent. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,648 units last month as against 12,209 units a year ago.
The Swift's contender was the Toyota Innova, and not the Fiesta as many expected.
The country's largest carmaker Maruti Suzuki India is neither shifting investments nor jobs from Haryana to Gujarat by shifting production of its compact sedan Dzire, company chairman RC Bhargava said on Tuesday. The company is maximising the efficiency of production at its two plants at Haryana and the parent Suzuki's Gujarat plant, keeping in mind the demand of its multiple models.
This year too carmakers are geared up to pump in some fresh blood to their existing cars to keep them in the fray.
Currently, Maruti Suzuki has 14 car brands, but it has decided to expand into some new segments.
The Maruti Ciaz SHVS is the latest champion of the prestigious million-rupee sedan segment and the new blockbuster from the Indo-Japanese automobile giant. The car has finally given Maruti its first hit in the premium sedan market and thus Indian automobile website MotorBeam.com decided to induct the car into their long term fleet to see how well it does as a member of the family.
Known for its fuel efficient vehicles, car market leader Maruti Suzuki India is pushing it further to enhance mileage of its refreshed models.
Maruti has offered discounts ranging from Rs 5,000 to 35,000 across various models. The discount is on Maruti 800, Omni, Alto, Esteem, Versa and on the petrol models of WagonR, Swift.
The small car proves very useful and convenient for city driving.
The Delhi-based car maker stopped production of the current generation of Swift last week to make way for the new model.
Building houses and sending children abroad for higher studies is becoming common.
The company had sold 1,58,076 units in March last year, Maruti Suzuki India said in a statement. Domestic sales declined by 46.4 per cent at 79,080 units last month as against 1,47,613 units in March 2019, it added.
Maruti Suzuki India had rolled out its first car -- an M800 -- in December 1983 and attained five million domestic sales in February 2006.
The diesel car becomes too expensive with BS-VI and market assessment says the customer will not buy it at that price, says R C Bhargava, chairman, MSIL. He expects buyer preference to change swiftly in favour of petrol, CNG, and other alternative technologies.
Maruti Udyog's popular 'Zen' model could well be nearing the end of the road, with the company likely to stop production of the compact car or reduce it from this month end.
Maruti Udyog on Thursday hiked prices of all its models by up to Rs 1,017 on account of the increased cess announced in Budget 2007.
In a case of reckless driving, a girl, "racing" with another car, allegedly hit a two-wheeler in a high security area in Chandigarh killing a youth and his minor cousin and was later arrested. The incident took place at Sector-3, at a spot close to the residences of chief ministers of both Punjab and Haryana in Chandigarh, late on Tuesday night.
The police said the accident was the result of a "race" between two cars -- a Maruti Swift driven by some people and a Honda Accord driven by a group of girls. The girls, who were suspected to be in an inebriated condition, lost control over the vehicle and hit a motorbike which was passing by, killing the driver 21-year-old Sukhwinder, an engineering student, and his five-year-old cousin
Maruti announced 10,000 pre-bookings for Ciaz of which 60 per cent was for diesel models.
That means a manufacturer looking at a market like India needs to decide whether small, cheap cars or small, expensive cars or both will work better for them, says Pavan Lall.
Japanese automobile company Mitsubishi Motors may launch a compact car in the B segment in the country. The car is expected to hit the roads in three years. Though Mitsubishi sells Pajero SUV and Lancer sedan in India, they have not generated adequate volumes for the Japanese automobile company. The compact car will take on Maruti Swift, Hyundai Getz, Skoda Fabia, Fiat Palio, Chevrolet U-VA and Ford Fusion
The list clearly shows the dominance of Maruti and Hyundai in the Indian passenger vehicle market.
The design of the rear doors and C-Pillar for example seem inspired by the Suzuki iv-4 concept crossover.
Volkswagen is planning to roll out a variant of its popular car, Polo, in by 2009. The car will be pitted against Maruti's Swift, Hyundai's Getz and Tata Motor's Indica.
The much-awaited excise duty cut on small cars to 12 per cent (from 16 per cent) made by the finance minister may have brought smiles on the faces of car manufacturers but this, dealers say, will increase the waiting period on some popular models by another additional month.
Rocky Yadav, son of Bihar legislator Manorama Devi, arrested for the murder of a teenager in Bodh Gaya last week, was fond of guns.
With Nexa, the value-for-money mass-market car maker hopes to attract premium buyers. Sangeeta Tanwar reports.
India's largest automobile manufacturer, Maruti Suzuki is planning to launch the company's entry-level sports utility vehicle, Jimny in the country by the year-end.
