Page 28 - Maruti Suzuki India

Auto companies cut more jobs, halt production as India slowdown bites

Toyota, Hyundai halt production; auto part makers Denso, Bellsonica cut 350 jobs each.

In pics: Maruti launches multi-purpose vehicle XL6 starting at Rs 9.7 lakh

The new model is powered by a 1.5 litre petrol engine coupled to a progressive smart hybrid system that features a lithium-ion battery

Maruti Suzuki launches new XL6 multipurpose vehicle at Rs 9.79 lakh

The XL6 will be available in five-speed manual and 4-speed automatic transmission options

Maruti seeks GST benefit for hybrid, CNG cars to promote green mobility

The hybrid cars are 25% to 30% more efficient and will help reduce oil imports

'Part of the business': Maruti says 3,000 temporary jobs cut in slowdown

Maruti chairman R C Bhargava wants the government to reduce taxes to help the automobile industry

Maruti Suzuki bets on CNG to meet BS-VI norms, expects 44% jump in sale

Leader in the car market, Maruti is encouraged by government plans to expand the network of CNG filling stations

Maruti Suzuki net profit plunges 27% to Rs 1,435 crore in Q1; outlook grim

The firm witnessed a sharp rise in overall expenses as a result of an increase in raw material and depreciation and amortisation costs

Maruti Suzuki stock unlikely to pick pace; Q1 net profit declines 27%

However, it is still on better terrain than competitors, say analysts

Suzuki launches new 155cc Gixxer: Check out the price, specifications

The new bike is also equipped with a freshly designed instrument cluster and distinctive front and rear combination LED headlights

Maruti Suzuki hits over 2-year low; down 10% in three days

The stock was down 2% to Rs 5,911, its lowest level since March 9, 2017.

Maruti Suzuki India reports 22% decline in May sales at 1,34,641 units

The company had sold 1,72,512 units in May 2018, Maruti Suzuki India (MSI) said in a statement

Maruti's April sales skid 17.2% in April on weak demand

The maker of the bestseller Baleno and Brezza has guided for a weak fiscal 2020 on back of disruption that is expected with the switch to the stricter emission norms from 1 April 2020

Maruti Suzuki lines up Rs 4,500 cr capital expenditure for current fiscal

Maruti Suzuki India (MSI) Thursday said it has earmarked a capex of Rs 4,500 crore for the current fiscal. The investment will go into various initiatives, including new product development, R&D and land acquisition for sales network, MSI CFO Ajay Seth told reporters here. MSI had earmarked a capex of Rs 4,000 crore for 2018-19.

Maruti Suzuki hikes prices of Baleno diesel range, RS petrol by Rs 15,000

Earlier this week, Maruti Suzuki India had launched the model with BS VI emission norms compliant 1.2 petrol engine, priced between Rs 5.58 lakh and Rs 8.9 lakh

Maruti Suzuki cuts production by 21% in March on subdued demand

The auto major produced a total of 1,36,201 units in March, including Super Carry LCV, down 20.9 per cent from 1,72,195 units in the year-ago period, it said in a regulatory filing

Maruti Suzuki re-appoints Kenichi Ayukawa as MD, CEO for three years

This would be Ayukawa's third three-term as MD and CEO of MSI

Maruti Suzuki should aim to export 25% of production: CEO Kenichi Ayukawa

The company's total production combined with that of parent Suzuki will cross 20 lakh units by 2020 when the third unit in Gujarat goes on-stream

Maruti employs multiple endorsers to give each channel a unique identity

The country's largest carmaker turns endorsement strategy on its head, using celebrities as the face of its sales channels instead of its products

Maruti in search of land in 'mother-state' Haryana to shift Gurgaon plant

The company has not set any timeline for shifting the plant and the focus right now is to locate a good land parcel

Maruti cuts FY19 sales growth forecast to 8% from double-digit expectation

In preparation for the transition to BS-VI emission norms, MSI will stop production of a majority of its BS-IV models by Dec 2019