The breakout of "Inverse Head and Shoulder" for the Nifty Auto index hints at bullish scenario for auto stocks, provided the overall market momentum says strong
Business Standard brings you the top stories this evening
Business Standard brings you the top stories this evening
Business Standard brings you the top stories this evening
Maruti Suzuki India has not had a major impact due to global semiconductor shortage, though its production has been hit partly, company Chairman RC Bhargava said on Tuesday
Automakers last week urged the government to defer tougher emissions standards
The company had produced a total of 1,07,687 units in the year-ago period
Price hikes effective from July 1 could offset input cost pressures
The company said it would be raising vehicle prices in July-September quarter (Q2FY22) to pass on higher input costs but the quantum of the increase has not been disclosed
Maruti isn't the only carmaker feeling the pain
Maruti to shut plant, Hyundai to set up oxygen manufacturing units at hospital
Heads of car companies are known by the models they launch. Khattar launched several. Most notably, the Swift and Dzire, remade Maruti into their own image as modern, peppy, and cheery little cars
The increased focus on using railways has helped the company offset over 3,200 MT of CO2 emissions
Leading automobile companies like Maruti Suzuki India (MSI), Toyota Kirloskar Motor and Honda Cars fear dent in sales as Covid-19 cases surged across the country
Maruti Suzuki India (MSI) on Wednesday said its service network has crossed 4,000 outlet mark across the country, covering 1,989 towns and cities
The company had sold 1,47,110 units in February last year, Maruti Suzuki India (MSI) said in a statement
The iconic Alto has won the hearts of over 40 lakh Indians with its remarkable combination of sturdiness, reliability and style
The country's largest carmaker Maruti Suzuki India Ltd (MSIL) on Thursday said its entry level small car Alto has crossed the cumulative sales milestone of 40 lakh units. Launched in September 2000, Alto has been the best most selling car for 16 consecutive years in India, the company said in a statement "Alto is the preferred choice of Indian car buyers with 76 per cent of Alto customers choosing it as their first car," it added. Commenting on the feat, MSIL Executive Director (Marketing & Sales) Shashank Srivastava said,"Alto has been ranked as the No 1 selling car in India for 16th year in a row and we are immensely proud to announce another remarkable milestone of 40 lakh cumulative sales. This has become a sales record never achieved by any other Indian car." Over the years, he said, the brand Alto has established a strong emotional connect with the customers and has become a strong symbol of pride. "Alto is India's first entry level car to become BS-VI compliant coupled with
This is a clear indication that people are rushing to buy new cars as the coronavirus-induced lockdown eases, and opting for private transport to maintain social distancing