In a major boost to the automobile industry, the finance minister on Tuesday cut the excise duty on small cars to 16%.
Maruti Udyog Ltd said on Wednesday that it would record highest-ever exports of 50,000 cars this fiscal.
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.
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.
Maruti Udyog Ltd will hold 70 per cent stake in the new subsidiary, while the remaining would be with the Japanese company, MUL Managing Director Jagdish Khattar told reporters in New Delhi after the company's board meeting.
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.
The shares of car major Maruti Udyog Ltd would be listed on the National Stock Exchange and Bombay Stock Exchange by July 9-10, its managing director Jagdish Khattar said on Monday.
Maruti Udyog Ltd, India's biggest carmaker, would set up a Rs 350 crore (Rs 3,500 million) diesel engine plant at Gurgaon in line with its plan to become a major player in diesel vehicles in a couple of years.
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 on Wednesday launched its new model 'Swift' in India, pricing the base model at Rs 3.87 lakh (ex-showroom Delhi).
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.
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.
Captains of the Indian industry on Monday welcomed the Union Budget 2005-06 describing it as growth-oriented.
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 on Monday said its cars were set to become dearer by 2-2.5% owing to rise in steel prices and technology cost for new emission norms.
India's second-biggest carmaker Hyundai Motor India Ltd on Wednesday raised prices of its two models while market leader Maruti and Czech car firm Skoda announced plans to follow suit next month to meet the rise in input costs and new emission norms.
The top brass of Maruti Udyog Ltd, India's largest carmaker, is in Japan to work out with its parent Suzuki Motor Corp the details of the action plan for the mega Rs 6,000 crore (Rs 60 billion) investment announced recently.
The Maruti Udyog Ltd's scrip on Wednesday opened at Rs 158.40 on the Bombay Stock Exchange.
In an aggressive bid to increase market share, India's biggest carmaker Maruti Udyog Ltd on Monday launched a new-look mid-size sedan Esteem at Rs 40,000 less than the price of the existing car.
The much-awaited public offering of shares for Maruti Udyog will hit the market by early June this year, the company's managing director Jagdish Khattar told reporters in New Delhi on Thursday.
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.
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 Ltd will maintain its share of more than half the country's car market for "quite some time," boosted by the sale of cars it introduced in the last three years, managing director Jagdish Khattar said.
India's biggest car maker Marutyi Udyog Ltd, a unit of Japan's Suzuki Motor Corp, said on Wednesday it may have to temporarily close its plant due a nationwide strike by truckers now in its third day.
Maruti Udyog Limited said on Monday it was ready to face any challenge and retain leadership position in the car market in short to medium- term.\n\n
Corporate India tempered its victory celebrations for the supposedly business-friendly Narendra Modi-led National Democratic Alliance's landslide electoral victory by highlighting the need for immediate steps to create jobs through inclusive economic growth.
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
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