Maruti Udyog Ltd on Friday said the repositioning of compact car Alto would give the customer yet another option at the entry-level while asserting that its bread and butter model Maruti 800 would not be phased out.
Maruti Udyog Ltd's much-awaited offer for sale of 7.2 crore (72 million) shares for divestment of 25 per cent government equity in the car major, opened on Thursday amid highly-publicised roadshows being conducted across multiple locations.
Stung by Ratan Tata's accusation that competitors were fuelling the controversy over Tata Motors' car project at Singur in West Bengal, Maruti dared Tatas on Wednesday to name the competitor.
India's biggest carmaker Maruti Udyog Ltd on Monday reported a massive 61.8 per cent sales growth in February 2004 due to surging demand for compact cars.
Maruti Udyog Ltd has been rated the 'most trusted' passenger car company of the country, according to a survey by global research firm TNS.
"It has been decided to sell 8 per cent equity in Maruti," Heavy Industries and Public Enterprises Minister Santosh Mohan Deb told reporters after the meeting of Cabinet Committee on Economic Affairs on Friday.
Within a year of launching its maiden sports-utility-vehicle Grand Vitara XL-7, Maruti Udyog Ltd on Monday rolled out an upgraded version of the vehicle.
Led by Maruti Suzuki, Japanese cars stole the limelight at JD Power Asia Pacific 2004 award function with only the Tata Motors holding fort among Indian car markers with Safari
Maruti's hike in royalty to its parent Suzuki, at a time when competition is speeding up, makes it a decidedly uncool stock.
Maruti Udyog Ltd on Wednesday launched a new loyalty programme for its customers, which will see the company issue an autocard in partnership with IOC and Citibank.
Honda Siel Cars India has started training its sales force to counter the challenge of SX4, the sedan launched by Maruti Udyog on May 7.
Although diesel vehicles currently account for 30 per cent of the 1.2 million sold in India, the share is expected to climb to 45 per cent of the projected 2 million market by 2010.
Maruti Udyog Ltd said on Wednesday that it would record highest-ever exports of 50,000 cars this fiscal.
Maruti Udyog today posted 17 per cent increase in domestic car sales for the month of April, selling 48,652 vehicles compared to 41,574 vehicles sold in the same period last year.
India's largest car manufacturer Maruti Udyog Ltd on Monday reported a 35 per cent jump in sales to 38,715 vehicles in October as opposed to 28,630 units sold in the same month last year.
Car maker Maruti Udyog Ltd on Tuesday reported a 11.10 per cent increase in domestic sales at 55,894 vehicles during October 2006 as compared to 50,308 vehicles in the year-ago period.
Sluggish export numbers and continued decline in demand for 'M800' model saw the country's biggest carmaker Maruti Udyog report a four per cent drop in sales in May at 42,286 units against 44,212 units in the same month last year.
India's biggest carmaker Maruti has said it could soon ink an agreement with one of the global engine makers it is in talks with, including France-based Peugeot, to produce diesel engines in the country.
Government's exit from Maruti Udyog Ltd may not happen for sometime now, with the finance minister asking the heavy industries ministry to 'wait for an opportune time' to offload its residual stake in the company.
India's biggest carmaker Maruti Udyog Ltd on Thursday said it will announce a price hike by the end of December.
Maruti Udyog Ltd on Wednesday said it would invest a total of Rs 3,271.9 crore (Rs 32.71 billion) for a new car manufacturing plant
Maruti Udyog Ltd on Tuesday recalled a little over 2,000 units of its Versa model for replacing a faulty component in its exhaust system, free-of-cost.
Maruti Udyog Ltd on Wednesday launched the popular sports-utility-vehicle Grand Vitara XL-7 and said its passenger vehicle sales would increase considerably this fiscal.
Indicating the onset of a fierce battle in the domestic car market, auto leader Maruti Udyog on Friday demanded an apology from competitor Hyundai for engaging in "false, misleading and deceptive" campaign against its new\nproduct 'Swift' or face the
Country's largest car maker Maruti Udyog Ltd today said it would come out with a diesel variant of one of its existing models by the end of next year equipped with engine from its diesel plant in Maneshar in Haryana.
Prices of Maruti passenger cars are likely to go up shortly, Jagdish Khattar, the managing director of Maruti Udyog Ltd, said in Chennai on Friday.
Maruti Udyog on Wednesday reported a 7.1 per cent increase in domestic sales in January at 48,526 units.
India's largest car maker Maruti Udyog Ltd on Monday introduced a new version of its hot-selling model Alto with enhanced interiors and exteriors.
Maruti Udyog is planning to export the diesel engines manufactured in Manesar, Haryana, to its European car assembly plant in Hungary to cater to the local markets there.
To prop up declining sales of Versa, Maruti Udyog Ltd on Monday launched a low-priced version of the vehicle, which is about 15 per cent cheaper than the two existing variants.
Maruti Udyog Ltd on Monday said its sales surged 30.2 per cent in January due to higher demand for premium small cars.
Maruti Udyog Ltd, India's biggest carmaker, plans to set up a greenfield manufacturing facility in Haryana to meet increasing volumes.
Maruti Udyog on Tuesday launched the upgraded versions of its compact car 'WagonR' and said it will decide on hiking vehicle prices by this year-end due to increasing cost pressures following the appreciation of the Yen and rising steel prices.
Maruti hikes prices by up to 2%. Auto major Maruti Udyog Ltd announced on Wednesday a hike in prices of all models of its vehicles except the up-segment Baleno and Versa.
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