Maruti Suzuki, which controls about half of India’s car market, said it has signed an agreement under which Bank of Baroda will provide loans to its dealers and customers. Under the agreement, Maruti Suzuki dealers will be able to get loans from Bank of Baroda by giving their inventory or stock as collateral. The move […]
Automobile manufacturer Maruti Suzuki said it has laid the foundation stone for a 5 MW Photovoltaic solar power plant at its manufacturing facility in Gurugram. The solar plant is likely to be commissioned in FY 2019-20, Maruti Suzuki said. Maruti Suzuki said that it will invest around Rs 24 crores and will offset carbon dioxide […]
Maruti Suzuki reported for April one of the worst set of auto sales numbers in recent quarters, with total sales falling by a whopping 17.2%. All passenger vehicle categories, except the Utility Vehicle segment that includes Ertiga, showed declines. Utility vehicles reported a year-on-year increase of 5.9% to 22,035 units. The segment also includes the […]
Maruti Suzuki India has claimed top position for its premium sedan Ciaz for the year ended March, indicating that it beat long-time incumbent Honda City and new challenger Hyundai Verna. India’s largest carmaker claimed a market share of 30% for Ciaz in the “premium sedan” segment. The premium sedan segment excludes the likes of Honda […]
Automobile manufacturer Maruti Suzuki said that its Celerio models crossed the one lakh annual sales milestone. Celerio sold 1.03 lakh units of vehicles in 2018-19, an increase of 10% from previous year. Apart from Celerio, other Maruti Suzuki cars in the club of over 1-lakh sales include Vitara Brezza, Dzire, Baleno, Swift, WagonR and Alto. […]
Maruti Suzuki, India’s largest auto maker, reported a decline in its monthly sales for the second consecutive month in March, as exports fell by 12.9% and domestic market sales fell by 0.7%. Total vehicle sales, including exports, were down 1.6% at 1.58 lakh units compared to the 1.60 lakh units sold in March 2018. Total […]
India’s largest car maker Maruti Suzuki India Ltd launched WagonR S (Smart)-CNG, with 26% more mileage than the existing model. The CNG powered WagonR, with its 1-litre engine, will offer a mileage of 33.54km/kg, the company said. With CNG priced at Rs 44.70 per kg, that works out to a fuel cost of only just […]
Maruti Suzuki, India’s largest auto maker, reported a marginal decline in its February 2018 sales, as exports fell 20% and domestic market sales rose 0.9%. Total vehicle sales, including exports, were down 0.8% at 149 lakh compared to February 2018. The monthly performance is largely similar to what was seen in January, when domestic market […]
Maruti Suzuki today revealed more details about IGNIS 2019, the latest version of its small car targeted at millennials. The car has been in the news for the last two days after it was spotted at dealerships over the weekend. India’s largest carmaker said the new version of IGNIS, a car that has not exactly […]
Maruti Suzuki India Limited (MSIL) said it will set up Japan-India Institute for Manufacturing (JIM), a model ITI, at Uncha Majra village in Gurugram district. JIM Uchamajra expected to start its first session by August 2019, will be the first in Haryana. Maruti Suzuki will initially invest over 7 crores to set up the JIM. […]
Maruti Suzuki said it has opened booking for its WagonR 2019. Customers can book the car by paying Rs 11,000 at any of the company’s dealer showrooms across India or via the company’s website. The car is expected to be officially unveiled on January 23, even though the company did not reveal the launch date. […]
Following the intimation given last month, Maruti Suzuki increased the prices of its cars by up to Rs 10,000 with effect from today. The price change is applicable “for select models owing to increase in commodity prices and foreign exchange rates etc,” said the automaker, which accounts for about 50% of the cars sold in […]
SUV maker Mahindra & Mahindra Ltd, which is feeling the heat from India’s bigger car maker Maruti Suzuki, has announced its latest offering — the five-seater XUV300 — to take on Vitara Brezza, India’s largest selling SUV. The model will be launched in the 1st half of February 2019, Mahindra said. The XUV300 belongs to […]
With rising fuel prices, sales of CNG models are on track to jump 54% this year at India’s biggest car maker, Maruti Suzuki. The company has sold 7.66 lakh units of CNG vehicles in the first eight months of the year, more than the 7.46 lakh vehicles sold in the whole of last year. At […]
Maruti Suzuki, India’s largest car maker, said it will increase car prices next month due to increased costs. “Over the past year, the cost of company’s vehicles has been impacted adversely due to increase in commodity prices and foreign exchange rates, etc. “Hence, it has become imperative for the Company to pass on some impact […]
Maruti Suzuki, India’s largest car maker, said its premium hatchback, Baleno, averaged sales of 13,158 units since launch, crossing the 5 lakh mark this month. Moreover, sales in the first seven months of this financial year have been 20% higher than that in 2017. The numbers are surprisingly strong for a ‘premium’ car. Part of […]
Weeks after Mahindra & Mahindra announced the Marazzo, Maruti Suzuki has announced a total revamp of its affordable utility vehicle, Ertiga, at a cost of Rs 900 cr. The company said the vehicle, which has an image of being rather boringly utilitarian due to its plain looks, has been totally rebuilt using its parent Suzuki’s […]
Maruti Suzuki is on track to see growth of more than 10% this year in the shipment of its highest-selling premium car ever, the Vitara Brezza. In the first seven months of the year, it has sold 95,000 units of mini SUV, or 13,571 units per month. Last year, it had sold an average of […]
Maruti Suzuki, India’s largest car maker, reported flat sales for October. Total sales, including exports, came in 1.47 lakhs versus 1.46 lakhs last year, rising just 0.2% on year. Domestic sales did slightly better than exports as they were up 1.5% at 1.38 lakh. Exports, on the other hand, fell 17% on year to 8,666 […]
The 2018 version of Ciaz, the ‘A3’ sedan from Maruti Suzuki, has notched up bookings of over 10,000 in the first month, India’s largest carmaker said. This comes as a relief as the numbers had seen a drastic decline in the run-up to the launch of the new, 2018 model in August. The new variant, […]
