Page 45 - Maruti Suzuki

SIAM appoints Maruti Suzuki India CEO Kenichi Ayukawa as its new president

The executive committee of Society of Indian Automobile Manufacturers (SIAM) has elected Kenichi Ayukawa as its new President.He has been the Managing Director and Chief Executive Officer of Maruti Suzuki India Ltd since 2013.Ayukawa who was earlier the Vice President of SIAM succeeds Rajan Wadhera, Senior Advisor at Mahindra & Mahindra Ltd.The members of SIAM also elected Vipin Sondhi, Managing Director and Chief Executive Officer of Ashok Leyland Ltd, as the next SIAM Vice President.Vinod Aggarwal, Managing Director and Chief Executive Officer of Volvo Eicher Commercial Vehicles Ltd, will continue as the Treasurer.SIAM is a not-for-profit apex national body representing all major vehicle and vehicular engine manufacturers in India. It works towards supporting sustainable development of the Indian automobile industry with the vision that the country emerges as a destination of choice for design and manufacture of automobiles.

Auto industry facing tough times, needs govt support: Kenichi Ayukawa

The Indian auto industry is facing one of the toughest times in history and needs government support through reduction of GST and incentive-based scrappage policy, Kenichi Ayukawa said

Auto sales bounce back in August on low base effect, pent-up demand

Dispatches at India's top two car makers, Maruti Suzuki India and Hyundai Motor India, zipped past not only the pre-Covid phase but also the months preceding the pandemic

Royalty, technical fee cost Indian units of global auto majors Rs 8,000 cr

The amount is equal to nearly 4% of their combined net sales

Maruti Suzuki's Alto crosses cumulative sales milestone of 4 million units

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

Maruti, Hero plan steep production ramp up ahead of festive season

Maruti suppliers double the inventory to ensure uninterrupted supplies

Car sales far from normal monthly numbers: Maruti chairman R C Bhargava

The auto major is currently producing vehicles at 60 per cent of its installed capacity in the Gurugram and Manesar plants, Bhargava pointed out during an interview

Suzuki first-quarter profit nearly wiped out as coronavirus hits sales

Suzuki declined to offer forecasts for full-year profit and dividends, citing ongoing uncertainties

Auto sales recovery may not reflect correct picture, say experts

Carmakers in India report their dispatch to dealers as their monthly sales figures while globally most report retail sales based on registration data

Wholesale auto sales make comeback in July, 88% jump for Maruti over June

Executives say this indicate supply side constraint like availability of labour and raw material supply has been addressed

Return of Maruti: Over 100,000 units sold in July, 88.2% more than June

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

Maruti, Honda, BMW hone the phygital experience for customer affinity

From promoting amateur talent to contact-less sales experiences, auto brands go all out to create customer affinity with a band of invisible salesmen

Top headlines: Google Tax stumps foreign firms, Unlock 3 ends night curfew

From Maruti posting first quarterly loss in 17 years, VIral Acharya on larger role of foreign banks to govt approving new education policy, here are the top news of the day

Top headlines: Maruti Suzuki Q1 results, loans under moratorium and more

Here are the top headlines of the day

Market Ahead, July 29: Top factors that could guide markets today

The expiry of derivative contracts of the July series tomorrow may keep today's session volatile

Changes and challenges for automakers as India eases coronavirus lockdown

March and April were the cruellest for automakers because of a nationwide lockdown. As economic begins to pick up, Surajeet Das Gupta explains how automakers can get business in these uncertain times

Maruti recalls 134,885 units of WagonR, Baleno to fix faulty fuel pumps

"The company will inspect 56,663 units of WagonR and 78,222 units of Baleno for a possible issue with the fuel pump. Faulty part will be replaced, free of cost," says the auto major

Top headlines: Google to invest in Jio, Apple against EU tax order and more

Here are the top headlines on Wednesday

India Inc walking a tightrope on production first and employee safety

Unlike heavy engineering, auto and auto components, the labour requirement in fast-moving consumer goods (FMCG) companies is nevertheless less

Maruti transports 12% of its cars via Indian Railways in four years

The company was targeting transportation of at least 50% its cars via Railways by 2030; higher focus on rail has helped it offset 3,000 MT of CO2 emissions, and save 100 million litres of fossil fuel