Small cars are a boon in day-to-day city driving as manoeuvring and parking is quite easy because of their compact footprint. One fine day, a blue Maruti Ignis arrived at MotorBeam's garage and we put the car through our usual long term test. The Ignis with its funky styling elements might not impress all but the top of the line Alpha variant will surely do because of the sheer features on offer.
Passenger vehicle sales in India touched a record high of 41.08 lakh units in 2023, growing by 8.3 per cent over the previous year driven by SUVs, which accounted for almost half of the total dispatches from manufacturers to dealers. The record sales have been achieved despite an increase in the average price of vehicles to Rs 11.5 lakh last year as compared to Rs 10.58 lakh in 2022. Market leader Maruti Suzuki, Hyundai Motor India, Tata Motors and Toyota Kirloskar Motor reported their best-ever annual sales in 2023.
Wipro was the biggest gainer in the Sensex chart, rising 4.79 per cent, followed by M&M, L&T, Tata Motors, Maruti, Infosys, Nestle India and IndusInd Bank.
Maruti Udyog, India's biggest carmaker, has been ranked first in customer satisfaction by international market research firm JD Power.
Known for its fuel efficient vehicles, car market leader Maruti Suzuki India is pushing it further to enhance mileage of its refreshed models.
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.
The fuel option will be available in Lxi and Vxi version and would cost about Rs 30,000 more than the respective petrol variants.
Even as good days continue to elude the economy at large, they seem to have arrived for Maruti Suzuki.
Developed in-house, the 1.5-litre engine comes mated with six-speed transmission and offers improved performance.
Ciaz, the mid-sized sedan, was launched in October 2014.
State Bank of India was the biggest gainer in the Sensex pack, rising 4.24 per cent, followed by Tata Steel, Axis Bank, Maruti, NTPC, PowerGrid, ITC and Nestle India. Reliance jumped 1.15 per cent to end at Rs 2,962.60 apiece on BSE.
Practice of opening bookings for cars prior to launch has been followed by several companies over many years in India.
Reliance Industries closed more than half a per cent higher after the company announced a proposed merger of media and entertainment assets of Viacom18 with Star India. Hindustan Unilever, Bharti Airtel, Tata Motors, ITC, Tech Mahindra and Axis Bank were among the laggards.
From the Sensex basket, Maruti, Mahindra & Mahindra, NTPC, JSW Steel, Larsen & Toubro, Reliance Industries, Axis Bank, and Power Grid were the major gainers. Nestle, Wipro, Tata Consultancy Services, HDFC Bank, Titan, HCL Technologies and Infosys were the laggards.
Among the Sensex firms, Bajaj Finance jumped 4.44 per cent and NTPC rose over 3 per cent. IndusInd Bank, Axis Bank, Tata Motors, Nestle, Power Grid, Infosys, Bajaj Finserv and HDFC Bank were the other major winners. HCL Tech, Mahindra & Mahindra, Maruti and Hindustan Unilever were among the laggards.
'It will take some more time because the affordability of these cars have changed drastically.'
India's biggest carmaker Maruti Udyog Ltd on Wednesday said domestic sales grew 32.2 per cent at 42,480 units in August 2004 as its compact cars notched up impressive numbers.
India's biggest carmaker Maruti Udyog Ltd on Thursday announced an across-the-board price hike, though marginally by 0.38 per cent.
Maruti's 7 models in India's top ten selling passenger vehicles in 2016-17
High price, combined with the decision to go only for diesel and position it as a crossover, resulted in its limited success
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
The much-awaited public offering of the shares of auto major Maruti Udyog Ltd has cleared another major hurdle with the Securities and Exchange Board of India approving the draft prospectus for the initial public offer.
Maruti's compact segment comprising New WagonR, Swift, Celerio, Ignis, Baleno, Dzire, and utility vehicles, including Gypsy, Ertiga, XL6, S-Cross and Vitara Brezza saw robust sales, while the mini segment comprising Alto, S-Presso and Old WagonR saw negative growth.
Among the Sensex constituents, 18 stocks closed in negative with UltraTech Cement, L&T, Bharti Airtel, Bajaj Finance and Tech Mahindra being major laggards. Other heavyweights like Asian Paints, Maruti, Titan and JSW Steel also saw heavy selling. In contrast, Kotak Mahindra Bank, Bajaj Finserve, HDFC Bank, ITC and SBI bucked the trend and ended the session with a gain of up to 2.09 per cent.
Worth Rs 210,024 cr, it is Rs 1,100 cr shy of combined Rs 211,186 cr value of Tata Motors and M&M
In the next 2-3 years the company will pump in Rs 4,000 cr in product development, R&D and marketing infrastructure.
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.
The whole project smacks of cronyism and corruption
Among the Sensex constituents, 20 stocks ended the session in green with HDFC Bank, Titan, Tech Mahindra, and Asian Paints being the major gainers. TCS, Maruti, Kotak Mahindra Bank and Bajaj Finserve were the other gainers. In contrast, SBI, Bharti Airtel, JSW Steel, PowerGrid, ITC and Reliance closed the trading with losses.
These cars were most appreciated on India s roads.
Maruti Suzuki signed a State Support Agreement with the Gujarat government in June 2012 for buying land and setting up a factory
Among the Sensex firms, HCL Technologies, Tata Consultancy Services, Maruti, Wipro, Larsen & Toubro, Infosys, Tata Steel, Bharti Airtel, State Bank of India, Tech Mahindra, UltraTech Cement and Mahindra & Mahindra were the major gainers.
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 Suzuki India on Monday said it is assessing the possible impact of the devastating earthquake and tsunami in Japan on its components import from there, while cancelling celebrations to mark one crore production milestone in India.
Private sector banks have jumped on to the bandwagon to offer better rates than Maruti Udyog for its best-selling car, Maruti 800.
Maruti Suzukisaid it was trying to offer more factory-fitted CNG cars to address environmental concerns
A reading of the reports suggests that there is no standard practice for reporting political contributions and it is left to the company's discretion to report them as they find fit.
The car will rival Honda City, Hyundai Verna, VW Vento and Skoda Rapid.
The company sold 62,515 vehicles in December 2007 which includes 4,114 units of exports
Airports across the country witnessed chaotic scenes on Friday after dozens of flights were either delayed or cancelled after a widespread global computer outage that also hit operations like cash withdrawal at some banks, and impacted functioning of some brokerages. Globally, the Microsoft cloud outage led to US airlines cancelling flights, but the tech giant later reportedly said its cloud services outage in the Central US region has been resolved.
