The country’s largest passenger car manufacturer, Maruti Suzuki India, is working on a new engine, which would replace the existing engines of its 800 cc hatchback Alto and 1.1 litre Wagon R. Once the automaker replaces the existing engine of these two high-selling cars, it is expected that it would be in a position to lower their prices significantly, which would help it rev up sales.
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.
“If the entire stimulus is withdrawn all at once, it may not lead to economic growth happening in the way it should happen,”
Guess what? Maruti Suzuki might be riding a high wave with their production output surpassing the parent company itself but that does not stop India’s largest car manufacturing company to stop at it.
Maruti Suzuki has been ruling the roost in the compact segment and it is a known fact that 2 out of every 3 cars sold in India is a Maruti Suzuki. Maruti Suzuki wants to further consolidate their position in the Indian car market and how?
With most carmakers posting record sales in January, Tata Motors regained the No. 2 position behind market leader Maruti Suzuki. After a gap of about two years, the company has overtaken Hyundai Motors India, according to Tata Motors officials.
Maruti Suzuki will launch a new family car Eeco at the upcoming Auto Expo in New Delhi.
The Eeco family car will come with a 1,200cc petrol engine in the under-Rs 4 lakh segment. The car has been specifically designed for the domestic market and will comply with Bharat Stage IV emission norms.
The launch spree from Maruti Suzuki India is likely to continue for the entire year. Apparently, the company now plans to launch a new multi-utility vehicle (MUV) by October this year.
The country’s leading passenger car maker Maruti Suzuki has said that it would raise prices of its existing models across segments shortly.
“This move is necessitated due to spiralling commodity prices, especially of steel and copper,” said S N Burman, the company's commercial business head for east India, on the sidelines of the launch of multi-purpose model Eeco.
After successfully conquering Europe with its hatchback A-Star, the country’s largest car maker Maruti Suzuki India is turning its eyes to the South East Asian market with its latest compact car Ritz.
The company on Wednesday made the first shipment of 500 units of Maruti Suzuki Ritz to the Indonesian market.
Maruti Suzuki has hiked prices of most of its models by an estimated up to Rs 10,000 to offset the increase in input costs, including that of steel.
While the average increase in prices is of around 0.6 per cent, it varies from 0.12 per cent for the Ritz VDi at the lower end to 1.9 per cent for the Dzire LXi models
Maruti Suzuki has a reason to smile.
The car maker announced that there is an over three-fold increase in its quarterly net profit. The net profit is at Rs.687.53 Crore in the third quarter of the current fiscal ending December 31, 2009, against the same quarter of previous fiscal year, while its net sales went up by over 62 per cent to Rs.7,334 Crore.
Maruti Suzuki India (MSI), the country's largest car maker said that it will launch a new van within this fiscal to replace its MPV Versa, whose production has been stopped. “We will be launching a new van by the end of this fiscal. This vehicle will replace the Versa, whose production has already been stopped,” said Maruti Suzuki India Managing Executive Officer (Engineering) I V Rao.
After months of falling sales, car manufacturers saw a growth in car sales in January 2009. Positive developments like reduction of fuel prices, availability of cash, and dip in inflation have largely contributed for pushing car sales.
The facelifted version of Zen Estilo is ready to make its appearance in the Indian car market on 23rd August 2009. It had already been announced that the new Zen Estilo will be launched in the country by the end of the month and now the date has been finally confirmed.
Maruti Suzuki India will be launching its sports luxury car Kizashi in India by 2010.
With the launch of the Kizashi, Maruti Suzuki India (MSI) will compete with big car makers like the Honda and Toyota for a chunk in the Indian Car market. The Maruti Suzuki Kizashi will be launched in the 2010 Auto Expo.
Carnation Auto, the multi-brand car service provider promoted by former Maruti Suzuki head Jagdish Khattar, on Thursday joined hands with Fiat Group firm Magneti Marelli for servicing premium cars in the country.
Maruti Suzuki which had launched a limited edition variant called Maruti Alto “Flash” in Pune just a week ago has launched the CNG version of the top selling car, Maruti Suzuki Alto.
Maruti Suzuki has finally launched the facelifted SX4 in India. The sedan now comes with an option for automatic transmission along with a new engine and slightly renovated interior and exterior.
Maruti Suzuki reported a sales growth of nearly 8-10 percent in the domestic market for the month of May this year. In 2008 May, the car manufacturer had reported a sale of 69,001 cars and this year the sales nearly reached 76,000 cars. This is for the fifth consecutive year that Maruti Suzuki will be cross 70,000 units in sales. The export sales too have risen more than 50 percent with the addition of Maruti Suzuki A-star.
Volkswagen AG has agreed to pay 222.5 billion yen ($2.5 billion) for a 19.9 per cent stake in Suzuki Motor Corporation.
Volkswagen and Suzuki plan to develop hybrids and electric cars under both car brands, Suzuki Chief Executive Officer, Osamu Suzuki said.
Hyundai Motor India on Monday claimed that it has crossed the 25 lakh units-mark in production from its Sriperumbedur facility in Tamil Nadu.
The Sriperumbedur facility was first set up in 1998 and it rolled out its first car, the Santro, from it in September 1998.
Maruti Suzuki is India's number one car manufacturer. And the company on Monday, November 2, 2009, reported a 32.45 per cent jump in total sales at 85,415 units in October compared to the same period last year.
Maruti Suzuki is considering on changing of the engines in its range of entry level and A-plus segment cars.
The KB-Series engine, which was unveiled last year, is used to power the latest models of the car major like the Maruti Suzuki Estilo, Maruti Suzuki Ritz and the Maruti Suzuki A-Star.
Engineers at Maruti Suzuki's R&D centre in Gurgaon are close to developing the country's first dual-fuel engine, running on petrol and CNG, that will shrink a vehicle's fuel bill to a fourth, making it one of the cheapest to run anywhere in the world.
Car makers like Maruti Suzuki, Hyundai, Tata Motors and others have begun advertising heavily through cellphones, which is generating higher buying decisions among Indians this year compared to global buyers. The mobile phone advertisements constitute 31 per cent of buying decisions among Indians while globally this is only 8 per cent, according to the latest estimates from Carsonline.
After experiencing a good profit from the used car business, Maruti Suzuki has introduced an online shopping option for its customers. Now the customers can buy and sell any old model of Maruti Suzuki through TrueValue website. This web portal will ease the procedure of buying and selling used cars thereby boosting their sales.
IndusInd bank, a private sector lender, entered into a tie-up with Maruti Suzuki, India's largest auto manufacturer and leader of the small car segment, in India, for financing vehicles.
Maruti Suzuki is aiming to introduce its hatchback A-Star to the African and South American market. This is a result of the increasing demand for small cars in the international market.
Maruti Suzuki India has decided to increase its production in the Manesar plant this fiscal year. The three-lakh unit production capacity Manesar plant will be equipped to roll out another one lakh unit.
Jagdish Khattar led Carnation will start selling vehicle spare parts under its own brand by next year, even as the company plans to expand its used car business.
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