Business Standard
Saturday, Feb 18, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Maruti plans KB Series engines for entry level, A segment cars
Press Trust of India / Chennai Sep 22, 2009, 14:42 IST

The country's largest car maker Maruti Suzuki is mulling changing all engines in its range of entry level and A-plus segment cars to the latest KB Series engine which it unveiled last year, a top company executive said.     

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.

"It will not happen immediately. We cannot do that. It will happen over a period of time."     

The KB Series engine, a part of the company's efforts to offer the latest technology to customers, is produced from the KB Series engine plant at Gurgaon.     

The all new, light-weight, engine series will be progressively introduced in other models over a period of next 3-5 years.     

The KB engine plant at Gurgaon has an installed annual capacity of 240,000 engines.

To a query on investments proposed, he said, "we have to wait till the end of October. The whole project would come to the Board by October and after that we have to decide how to go forward. So we have to wait till the end of October to know what the investment is and what will come".     

Maruti Suzuki India last year said it would shift production from a plant at the Gurgaon factory in Haryana, to the factory at Manesar, 25 km to its south, also in the same state.

The plant at the Gurgaon facility will be gradually changed to a base for engine assembly and machining, while the automobile assembly will be integrated at Manesar.     

On the impact of the global meltdown, Bhargava said there were signs of recovery but cautioned that no body has said recovery has happened so far. "There are signs of recovery. It looks like recovery is happening but still nobody is saying that recovery has happened. That is our problem. Until recovery happens I can't tell you how confident we are".     

Responding to a query on vehicle sales, he said, "it is always smooth (for us) so far and I hope it continues to be smooth. I can't predict that it will be on the same path. It may happen, it may not".     

Stating that Maruti's strengths were its reach across the country, Bhargava said, "I think Maruti's strength is in that area in terms of reach to customers and our ability to provide service to customers at reasonable rates all over the country. That is what makes us generally to do better than any other (car) company".     

He said September and October were always good months for Maruti and hoped that it would be continued to be so.

The plant at the Gurgaon facility will be gradually changed to a base for engine assembly and machining, while the automobile assembly will be integrated at Manesar.     

On the impact of the global meltdown, Bhargava said there were signs of recovery but cautioned that no body has said recovery has happened so far. "Until recovery happens I can't tell you how confident we are," he said.     

Responding to a query on vehicle sales, he added, "it is always smooth (for us) so far and I hope it continues to be smooth. I can't predict that it will be on the same path. It may happen, it may not".     

Stating that Maruti's strengths were its reaches across the country, Bhargava said, "I think Maruti's strength is in that area in terms of reach to customers and our ability to provide service to customers at reasonable rates all over the country. That is what makes us generally to do better than any other (car) company".     

He added September and October were always good months for Maruti and hoped that it would be continued to be so.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Wall Street up on Greece, but gains seen limited
- FII-TO-FII: Pantaloon traded at 7% premium
- Civic polls: Saffron alliance retains Mumbai, Thane
- MCX awaits trading rules in commodity options, indices
- Govt to provide incentives for electronic chip manufacturing
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Medium-sized businesses are the engines of a smarter planet.
- Save over Rs.3000 with IndianOil Citibank Card
- India's No. 1 Property Site. Click here to know more..
- Get 5% cashback on telephone bills with Citi
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- T N Ninan: Saving Mumbai
- Aditi Phadnis: The battle lines for Behenji
- Deepak Lal: Rights, stakes and Newspeak
- The malt of India
- Lehman withdraws winding-up petition against Wockhardt
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us