The move is a part of the company's plans to expand its portfolio of eco-friendly vehicles, which could see other models such as Alto, Eeco, Estilo and SX4 also powered by CNG fuel, industry sources said.
According to the organising committee of the Commonwealth Games, orders have been placed with Tata Motors for nearly 1,800 cars during the games and some more cars, jeeps and trucks for the Queen Baton Relay that would commence its nationwide run from June 25.
The sun may be slowly setting on Maruti Suzuki India's once flagship M800 model in the domestic market, but the car is springing a surprise with rising exports this financial year.
Car marker leader Maruti Suzuki India is looking at nearly doubling the number of models to 25, including entry into SUV and LCV segments, as it aims a target to sell 3 million cars annually.
The country's largest passenger car manufacturer Maruti Suzuki India Ltd is planning to hike prices on rise in input costs.The company last raised prices in January 2009.
The other four models introduced with the alternative fuel option are compact cars Estilo and WagonR, multi-purpose vehicle Eeco and mid-sized sedan SX4.
Last week, rival and market leader Maruti Suzuki India had raised the prices of its various models, except Alto, by up to Rs 7,500 citing a sharp increase in input costs with immediate effect.
As rivals gain ground, the market share of the country's largest car-maker, Maruti Suzuki India, continues to hover below the 50 per cent mark, despite the firm posting its best-ever monthly domestic sales in July.
It will be the first company to come out with factory-fitted CNG cars.
In a statement issued on Friday, India's largest car manufacturer said that 'due to sharp increase in the input costs and also introduction of BS-IV norms in some models, Maruti Suzuki India Ltd has decided to pass on part of this cost impact to customers.'
Maruti Suzuki Motor Corp on Tuesday rolled out its millionth baby, a dazzling red Swift from its plant here.
While saying money was due from Suzuki, the HC told the tax department to determine an appropriate arm's-length pricing mechanism in this case.
In the two wheeler segment, TVS Motor Company reported a 24 per cent increase in total sales at 304,795 units in April.
The country's largest carmaker Maruti Suzuki India is recalling about one lakh units of its flagship export model 'A-Star' to replace a faulty fuel pump part. The company is replacing a faulty rubber gasket in about one lakh cars -- manufactured before August 2009 and sold in domestic as well as overseas markets, to prevent any possible fuel leakage.
Ahead of this year's Budget, leading car manufacturer Maruti Suzuki on Monday asked the government not to roll back the entire stimulus package at once as it may hamper economic growth.
Suzuki will also meet Haryana Chief Minister Bhupinder Singh Hooda, industry sources said. The country's largest car maker Maruti Suzuki India, majority owned by the Japanese firm, is investing up to Rs 1,500 crore (Rs 15 billion) in building test tracks and an R&D centre in Rohtak, Haryana.
The company would decide on increasing the capacity and investment needed for the same in presence of its parent Suzuki Motor's chairman Osamu Suzuki
Maruti Suzuki India on Tuesday became the first Indian automobile company to produce one million cars in a year.
Maruti Suzuki India said it would be investing Rs 1,250 crore (Rs 12.50 billion) to double capacity at its K-series petrol engine unit in Gurgaon to 500,000 by 2012.
Come New Year, cars will be costlier with automakers like Toyota and General Motors on Tuesday saying that they will hike prices by up to three per cent due to rising input costs, while the country's largest car maker Maruti Suzuki India is still evaluating the situation.
With the domestic automart showing signs of correction, the country's largest car maker Maruti Suzuki India (MSI) is looking at strengthening its back-end operations by asking vendors to increase efficiency, besides building their own research and development capabilities.
India's largest passenger car maker, which witnessed around 4 per cent growth in its sales to touch 410,120 units during April-October 2008 compared to the year-ago period, has seen considerable success in attracting new customers through a multi-pronged strategy, including aggressive marketing campaign aimed at rural markets, corporate customers and central government employees and certain cost-cutting measures.
Component makers don't see any recovery yet, but manufacturers believe the end of poor sales is nearing its end.
According to industry sources, the company has stopped its production of the current SX4 model in order to change engine, which would be in compliant with the Bharat Stage-IV norms.
The country's largest carmaker Maruti Suzuki on Tuesday said it plans to have an output of 15 lakh (1.5 million) units by 2015 to maintain its 50 per cent market share in the Indian car market.
The country's largest carmaker, Maruti Suzuki, on Tuesday said it expects sales to grow around 10 per cent in 2010.
The country's largest car maker, Maruti Suzuki, will finalise investment plans for a new plant at its Manesar facility at a board meet of the company in mid-October.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
The country's largest carmaker Maruti Suzuki India on Wednesday said its flagship export model, A-Star, has crossed one lakh-mark of overseas shipments in less than a year of selling the car in the global markets.
The latest data suggests that the country's leading auto companies have made some really strong sales for the month of November.
The 1MW solar power plant has been set up at an investment of Rs 10.3 crore (Rs 103 million) and was commissioned this month, the company said in statement.
The designer Nano will hit the streets soon. The world's cheapest car has generated interest of designers like Dilip Chhabria and former Maruti Suzuki India chief Jagdish Khattar, both of whom are working on a re-designed avatar of the car.
The previous best selling year was 2010 when Maruti managed to sell around 10.6 lakh (1.06 million) units.
The country's largest carmaker, Maruti Suzuki, on Monday said it has stopped working on LPG models as it will roll out CNG variants of the entire range of its cars from early 2010, the first of which could be its highest selling model Alto.
After the launch of Audi's crossover utility vehicle Q5, June will see two more heavyweight car launches within days of each other, making this month the one with the most number of launches in the last nine months.
The company has also exported over 3.8 lakh Alto cars to over 70 countries.
Currently, the new series of engines is being used in the latest models of the Maruti stable -- Estilo, Ritz and the 'A' Star. Asked whether all the entry level cars would be equipped with the KB Series engine, Maruti Suzuki India chairman R C Bhargava told PTI that it could happen over a period of time.
Maruti has shortlisted 10 candidates so far. Tata Motors declined to give details, but confirmed it is looking at recruiting specialists for different functions of product development, given their research and development expansion plans in India. Both companies are looking at people with relevant knowhow on emission and safety norms in Europe and the US.
The company had launched the DZire in March 2008 in both petrol and diesel variants priced between Rs 4,49,000 and Rs 6,70,000. This follows the company's recent milestones, including achieving 80 lakh units of cumulative production for all its brands, followed by roll-out of one lakh units of its KB-series engines and launch of the 1,00,000th units of its flagship export model 'A-Star'.
The country's largest car maker, Maruti Suzuki India, on Tuesday launched a new version of its small car Estilo with a fuel efficient engine at an introductory price between Rs 3.12 lakh and Rs 3.95 lakh (ex-showroom, Delhi).
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances