Supply chain glitches and unavailability of labour also a deterrent
At present, traders are advised to keep following stock-specific approach
At the index level, the Nifty Auto index was down 1.4 per cent as compared to 1.3 per cent decline in the Nifty50 index
Amid the nationwide lockdown to check the Covid-19 spread, India will quietly transition to BS-VI, the most stringent emission standard for the automobile industry anywhere in the world
The company would work with AgVa Healthcare to rapidly scale up production of ventilators with intention of reaching a volume of 10,000 units per month, it added.
Firm says it had begun upgrading its engines to BS VI in 2016 after Govt announced the 2020 deadline. At that time, Indian auto sector hadn't even shifted to BS IV completely
Maruti Suzuki India (MSI) on Monday said it has launched BS-VI compliant CNG version of its multi-purpose van Eeco, priced between Rs 4.64 lakh and Rs 5.06 lakh (ex-showroom Delhi). The company had first introduced Eeco in January 2010 and has sold around 6.7 lakh units of the model till date. "The multi-purpose van has earned the distinction of being ideal for family travel, while simultaneously being a dependable business vehicle. Taking forward its legacy, Eeco BS6 S-CNG is designed to deliver optimum performance, safety, engine durability, convenience and mileage," MSI Executive Director (Marketing & Sales) Shashank Srivastava said in a statement. The Eeco CNG variant comes equipped with factory fitted S-CNG kit which is calibrated to deliver optimum performance and enhanced drivability across all kinds of terrains, the statement said. Maruti Suzuki Eeco is offered in a wide range of 12 variants with 5-seater, 7-seater, cargo and ambulance options. Having already sold 1 ...
The company increased production of its mini cars comprising Alto, and S-Presso by 5.16 per cent at 29,676 units as against 28,221 units in the year-ago month.
Domestic sales dropped 1.6 per cent to 1,36,849 units last month as against 1,39,100 units in February 2019
The new Ignis is powered by 1.2 litre petrol engine and comes with manual and Auto Gear Shift (AGS) transmission options, the company said in a statement
India's largest carmaker Maruti Suzuki India is banking on introduction of petrol variants of existing models such as Vitara Brezza besides exploring more CNG options to make up for lost numbers as it discontinues diesel options while moving to BS-VI emission norms. The company, which last week showcased the petrol version of its popular compact SUV Vitara Brezza that was earlier available only in diesel option, is also gearing up to bring petrol version of its S-Cross model. "We have the optimism to recover what we are losing in diesel through this increase in petrol. We have a double task. It is not like comparing current portfolio with next year, it is like current portfolio minus diesel in next year," Maruti Suzuki India (MSI) Executive Director (Marketing & Sales) Shashank Srivastava told PTI. Elaborating the scale of task in hand, he said,"In April-January period, the contribution of diesel vehicles to (MSI's) total sales was 21 per cent. For this fiscal year it (total ...
Ertiga S-CNG, which offers a mileage of 28.06 km/kg is second BS VI compliant S-CNG vehicle and the only MPV with factory-fitted CNG in the country, from Maruti Suzuki, the company said.
Carmakers like Tata Motors and M&M bet big on e-mobility
Other players have launched various models at a competitive price. We have to see the response, says MD Kenichi Ayukawa
The next million green vehicles from company will include a range of technologies and power trains such as CNGs, smart hybrids, strong hybrids and electric vehicles
The Nifty seems to have completed wave B of the bounce and wave C up on the hourly charts is expected
Rural sales of the country's largest passenger car maker Maruti Suzuki India Ltd (MSIL's) increased by 2 per cent and accounted for 38 per cent of company's sales during the quarter ended Dec, 2019
At Maruti Suzuki, Brar was instrumental in developing strong network for the car maker, the company said in a release
Maruti gives 10 days for buyers to save up to Rs 89,500; those choosing Hero bikes can save Rs 10,000
The company had produced 107,478 units in December 2018, Maruti Suzuki India said in a regulatory filing