Indian consumers are likely to get respite from rising prices just before the festival season. Some consumer companies, including automakers, have indicated that they are planning to pause price hikes just before demand picks up in August, while keeping a close eye on volatile raw material prices.
The quarter was marked by adverse foreign exchange rates and commodity prices, higher depreciation and higher sales promotion expenses.
India and the 27-nation European Union are negotiating Broad based Trade and Investment Agreement since June 2007, but a breakthrough has not yet been achieved due to strong differences on several of the issues.
Analysts came down heavily on D L Sachdev, secretary of the All India Trade Union Congress, for the latest developments at the plant following which the management has shut the plant.
The company said its domestic sales rose 19.9 per cent during the month to 90,093 units as against 75,145 units in July 2013.
Maruti Suzuki India is gearing up to introduce by the end of this year a new 800cc car that is likely to be more fuel efficient, but also more expensive, than its existing best selling model Alto.
Even as Maruti Suzuki's once bread-and-butter M800 model is seeing interest wane among buyers in India, demand for the country's once most iconic car has shot up in markets abroad.
The workers resorted to a strike when five of them were suspended for 'allegedly assaulting a supervisor' on Wednesday.
The appointment will be effective from April 1.
Maruti Suzuki India Limited (MSIL), which witnessed labour unrest at its Manesar facility, is set to complete the process of regularisation of contract workers at the unit by November-end.
Maruti Ciaz and Ertiga are exempt from the infrastructure cess and so, there is no change in the prices of these models.
Developed in-house, the 1.5-litre engine comes mated with six-speed transmission and offers improved performance.
Some economists have said the industry's woes have shown signs of bottoming out.
On a standalone basis, the company reported a net loss of Rs 249.4 crore for the first quarter ended June 30. Net sales declined to Rs 3,679 crore in the first quarter as against Rs 18,738.8 crore in the year-ago period.
The nine-month-old labour agitation at Everest Industries Ltd's plant in Nashik took a violent turn on Friday as three management officials of the company were stabbed.
Hit by recurrent labour unrest at its Manesar unit in Haryana, Maruti Suzuki India Ltd (MSIL) on Thursday said the company would introspect on whether an affiliated union with a pro-business approach and mature leadership would benefit the company.
If the 'connecting rod bolt' is found defective, the company will replace the component free of cost.
Honk Kong Stock Exchange-listed Great Wall Motor explores sites at Sanand & Halol.
Seven manufacturers together post a 15% decli#8800 M&M, Ford and Honda buck trend.
The vehicle will compete with Maruti Suzuki India's Ertiga, which is priced between Rs 598,000 and Rs 870,000 (ex-showroom Delhi).
Domestic passenger car sales grew by 15.37 per cent to 1,33,486 units in August this year compared to 1,15,705 units in the same month of 2012.
The Amaze, Honda's first diesel car in India, has seen several buyers line up for test drives and dealers struggling to meet increasing demand.
The company said sales of the compact segment comprising Swift, Estilo, Ritz surged over two fold to 17,409 units
There is enough blame to go around for Maruti violence.
Indian auto industry's dependence on China is high and it will continue to be so in the BS-VI era and as the country moves towards electric mobility. Domestic players lack both technological competence and the sheer pricing advantage that support Chinese imports.
Stingray, which is powered by a 998 cc petrol engine, is available in three variants, with price ranging between Rs 4,10,000 to Rs 4,67,000.
Watch the flash mob that take over Auto Expo 2018.
Auto makers are keen to boost sales in ensuing months.
The added new features in the car include leather seat covers, double-din sound system with USB, dual tone interiors, body graphics, full wheel covers and beige parcel tray.
The violence at Maruti Suzuki India's Manesar plant in July was not instigated from outside but was due to internal issues between management and workers, according to the chargesheet filed by the special investigation team (SIT) formed to probe it.
Gujarat has caught the fancy of a large number of corporate heavyweights.
According to estimates available with industry experts, the wage bill of Maruti Suzuki, the country's largest car maker, is expected to increase by Rs 65-70 crore (Rs 650-700 million) after the increments.
Company has taken preliminary tests of 1,181 candidates from state ITI.
It is looking out for new markets to increase exports.
According to sources close to the development, the newly formed body -- Maruti Suzuki Workers' Union -- has submitted a list of about 20 demands to the management for consideration while finalising the three-year wage settlement agreement.
Maruti Suzuki India (MSI) on Saturday reported 10.3 per cent decline in total sales in January at 1,02,416 units as against 1,14,205 units in the same month last year.
A draft notice has been prepared and villagers are deliberating on the issue and taking legal counsel.
Following the July 18 violence, in which a senior company official was killed and 100 others injured, Maruti Suzuki India had decided to do away with contract workers at its production line.
Addressing shareholders at the 31st annual general meeting, which started after observing a minute's silence in memory of slain general manager Awanish Kumar Dev, Maruti Suzuki India chairman R C Bhargava said that security cover at Manesar plant will continue till its staff feels secure.
Chairman of Japan's Suzuki Motor Corporation Osamu Suzuki on Monday visited the violence-hit Manesar plant of the company's Indian arm Maruti Suzuki.
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