The Maruti Udyog Ltd board has approved a proposal to introduce a voluntary retirement scheme for employees of the company.
The name of the country's most popular car brand, Maruti Udyog Ltd, has been changed to 'Maruti Suzuki India Ltd' with effect from September 17.
Maruti Udyog Ltd's joint managing director Junzo Sugimori has resigned from the country's largest car making company.
The shares of Maruti Udyog Limited will be listed on Wednesday on the Bombay Stock Exchange and the National Stock Exchange for trading in the secondary capital market.
Osamu Suzuki, the man who took a risk and bet on India when no one else believed in having a viable automobile company in the country, has died at the age of 94, according to information shared by Japan's Suzuki Motor Corporation on Friday.
Maruti Udyog Ltd on Friday said it would set up a Maruti Service Masters unit, its after sales service arm, in Chennai with an investment of Rs 13 crore.
Jagdish Khattar loves to be contrarian. When pondering options, his beady eyes acquire a glint as he wonders aloud how to go against prevailing wisdom. This often shows up in the way he runs Maruti Suzuki India -- that is what Maruti Udyog now calls itself -- the country's largest car maker.
Maruti Udyog has topped the list of J D Power ranking for the fifth year in a row in terms of customer satisfaction.
The government should not be running businesses as public sector companies are inefficient and do not generate enough resources to fund their own growth, according to Maruti Suzuki India chairman R C Bhargava. Public sector companies need support all the time to grow and need funds from the government for capital investments, he told PTI in an interview. "I have no doubt that government should not be in business. No way," he said when asked if governments should be in the business of running enterprises on the basis of his experience of witnessing the transformation of the then government-owned Maruti Udyog Ltd to Maruti Suzuki India Ltd, majority owned by Japan's Suzuki Motor Corporation.
Maruti Udyog Ltd said on Wednesday sales were expected to rise 18 per cent in the first half of this fiscal in the domestic market.
Maruti Udyog Ltd, India's biggest carmaker, on Monday said its 1,251 employees have recently opted for voluntary retirement scheme.\n\n\n\n
Maruti Udyog Ltd will invest Rs 2,718 crore (Rs 27.18 billion) for introducing new models, research and development and upgradation in the country by 2008.
Former managing director of Maruti Suzuki India, Jagdish Khattar, passed away on Monday morning following a cardiac arrest, according to people close to him. Khattar (79), a former bureaucrat, was considered as one of the most high profile leaders of the Indian automotive industry, laying the foundation for Maruti's future growth after the government began its disinvestment in 2002 and gradually exited from its joint venture with Suzuki Motor Corporation (SMC). He had joined the then Maruti Udyog Ltd in July 1993 as director (marketing) and went on to become executive director (marketing) in the next six years.
'Without his vision and foresight, his willingness to take a risk that no one else was willing to take, his deep and abiding love for India, the Indian automobile industry could not have become the powerhouse that it has become.'
Maruti Udyog Ltd, India's biggest carmaker, on Monday said domestic sales grew 10 per cent at 40,175 units in July 2004 as its compact cars notched up impressive numbers.
Maruti Udyog on Wednesday launched Euro III-compliant versions of compact cars Zen and WagonR and Baleno sedan, sporting higher price tags, and plans to increase steel procurement from the domestic market.
Maruti Udyog Ltd managing director Jagdish Khattar on Monday announced the launch of Maruti finance schemes in Punjab, Haryana, Himachal Pradesh and Chandigarh for customers at Maruti dealerships.
Maruti Udyog Ltd, India's biggest carmaker, on Wednesday raised prices by Rs 2,000-3,000 on all models except entry-level car Maruti-800.
Car owners in India had fewer problems with their new vehicles, with the JD Power Asia Pacific Satisfaction Index Study revealing that eight of the 11 manufacturers had improved their performance.
Maruti contributed over 29 per cent of Suzuki's net profit in April-December 2006, though it accounted for less than 7 per cent of its turnover.
Maruti Udyog on Friday announced a 0.2-0.75 per cent hike in prices of its main models and variants with immediate effect.
Maruti Udyog, India's biggest carmaker, has been ranked first in customer satisfaction by international market research firm JD Power.
Workers rally in support of sacked employees at Manesar
Creating new benchmarks in safety, Maruti Udyog Limited on Monday announced it would set up 15 world class driving schools in India in the next three months.
India's car market leader Maruti Udyog Ltd on Friday said it would set up world-class Maruti driving schools across 15 cities in India this year in partnership with its dealers.
Maruti Udyog Ltd, India's largest carmaker, unveiled on Thursday a new-look Zen, without tinkering with the price, to take on competition posed by Hyundai's Santro and Tata Motors' Indica.
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.
India's largest carmaker Maruti Udyog expects to resume normal production soon, after an over three-month long strike at one of its key component suppliers was called off last week.
Suzuki, who is in India on a visit, told representatives of Maruti Udyog Kamgar Union, the elected union of Maruti Suzuki India that the management of the Indian arm would not accept any indiscipline in the company.
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