The country's largest carmaker Maruti Suzuki India Ltd (MSIL) on Tuesday said it has collaborated with Axis Bank to offer easy vehicle financing options for potential car buyers
Domestic sales declined by 53.7 per cent to 53,139 units last month, as against 1,14,861 units in June 2019
In contrast, auto companies and their dealers have not been that bullish with hiring, despite tractor sales increasing in May
The total number of Covid-19 cases in Delhi crossed the 66,000 mark, with the biggest single-day spike of 3,947 fresh infections being reported on Tuesday
The employees, who belong to security agency SIS India, had tested positive for the infectious disease on June 17 and were supposed to be quarantined as per the law
Support from Centre on alternative fuel technologies and batteries holds key
The current Alto comes with standard safety features including driver side airbag, anti-lock braking systems and electronic brake-force distribution, reverse parking sensor and high speed alert system
The Celerio S-CNG variants are priced at Rs 5.36 lakh, Rs 5.61 lakh and Rs 5.68 lakh.
All that happened in the markets today
Maruti had first resumed production at its Manesar plant in Haryana on May 12 after closing down production for about 40 days
The company had produced a total of 1,51,188 units in the same month last year
SMG had suspended production at the Hansalpur (Gujarat) plant on March 23 to check the spread of coronavirus
But SUV makers remain unfazed by down-trading trend
It is aimed to provide customers with easy financing options, MSI said in a statement
At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the BSE.
On Monday, the car manufacturer resumed operations at its Gurugram plant in Haryana after about 55 days of closure because of the coronavirus-led lockdown
With the SOPs in place, over 1,350 Maruti Suzuki showrooms, and over 300 True Value outlets are operational now
During the quarter, Maruti sold a total of 385,025 vehicles, lower by 16% over the same period previous year
During the quarter, Maruti sold a total of 385,025 vehicles, lower by 16% over the same period previous year
Maruti Suzuki's stock tumbled 41.35 per cent in Q4FY20 as compared to the 29.42 per cent decline in Nifty50 index in the same period