Page 50 - Maruti Suzuki

Maruti signals exit from diesel space; Hyundai gears up to dominate segment

From April 1, Bharat Stage (BS)-VI emission norms for automobiles will become mandatory across the country

Maruti launches BS-VI compliant version Eeco, price starts Rs 380,000

The country's largest carmaker Maruti Suzuki India (MSI) on Friday said it has launched BS-VI compliant version of its multi-purpose van Eeco, priced between Rs 3.8 lakh and Rs 6.84 lakh (ex-showroom Delhi/NCR). In rest of the country, the model would be priced between Rs 3.9 lakh and Rs 6.94 lakh. "Introduction of the BS-VI in Eeco will further bolster our commitment towards a cleaner environment," MSI Executive Director (Marketing & Sales)Shashank Shrivastava said in a statement. The product is the company's ninth model which has been upgraded to comply with the upcoming stringent emission norms. Last year, Eeco wholesales had crossed 1 lakh units for the first time, reflecting growth of 36 per cent over 2018 wholesale volumes. The model, which was launched in January 2010, has already crossed cumulative sales mark of 6.5 lakh units.

CCI looks into allegation against Maruti Suzuki over car insurance: Report

CCI's probe based on an anonymous complaint received in June

Maruti production up 7.88% in December 2019, manufactures 115,949 units

The company had produced 107,478 units in December 2018, Maruti Suzuki India said in a regulatory filing

Maruti only Indian firm to find place in Morgan Stanley arm's top-20 stocks

The firm believes the stock is better value for money than others and has a upside as high as 73 per cent

Maruti Suzuki annual sales slump 12.3% in CY19, worst in a decade

During the year, the maker of the bestselling Baleno and Brezza, saw its sales volumes contract to 1.6 million units in the domestic market, from 1.8 million units a year ago

Maruti Suzuki records 2.4% y-o-y rise in car sales during December 2019

During April-December, Maruti said its domestic sales were down near 17% at 1.1 million units

After a tough year, auto industry hopes for smooth drive from H2 2020

The government incentives to buy vehicles and steps taken to address liquidity crunch, economic growth and infrastructure spending would boost the auto industry's prospects

Maruti Suzuki Dzire takes top slot in April-Nov, captures 60% market share

Maruti Suzuki India (MSI) on Tuesday said its compact sedan Dzire has become the best selling car in the country in the first eight months of the current fiscal with sales of over 1.2 lakh units. The company said the model currently has around 60 per cent market share in the compact sedan segment. "Over years, Dzire has created a niche for itself amongst compact sedans. Gaining widespread acceptance, the model was conceptualised keeping in mind the customer demands," MSI Executive Director (Marketing & Sales) Shashank Srivastava said in a statement. The third generation version of the model was launched in May 2017.

Maruti Suzuki launches new variant of Alto, priced at Rs 380,000

The new variant comes with aero edge design, dual-tone interiors, high-fuel efficiency, and latest safety features

Maruti stock gains lost ground from improving expectation of volume growth

Scores over peers on BSVI portfolio, inventory levels and discounts

Maruti confident on BSVI, CNG models to make up for its exit from diesel

Auto market leader announced in June it was exiting diesel segment

Auto stocks gain as Maruti Suzuki increases production in November

Maruti Suzuki India (MSI) increased its production in November by 4.33 per cent, after having reduced output for nine straight months due to lower demand

Maruti raises production by 4% in Nov after 9 straight months of output cut

Production of utility vehicles such as Vitara Brezza, Ertiga and S-Cross increased by 18 per cent to 27,187 units as compared to 23,038 units a year ago

Maruti Suzuki recalls 63,493 units of Ciaz, Ertiga, XL6 for MGU defects

In a regulatory filing, the company said: "A possible defect may have occurred in the MGU during manufacturing by an overseas global part supplier"

Maruti to hike prices from Jan; M&M, Toyota, Mercedes may follow suit

Other car manufacturers such as Toyota, Mahindra & Mahindra and Mercedes-Benz said they are also contemplating a similar move

Top headlines: Maruti Suzuki to raise prices, Lander Vikram found and more

Maruti Suzuki India on Tuesday said it will increase prices of its vehicles from January to offset rising input costs

Car sales drop again after festive season; industry pins hope on Dec demand

Maruti Suzuki reported sales of 150,630 passenger vehicles in the domestic market in November, down 1.9 per cent over 153,539 units in the corresponding month last year

Maruti Suzuki India sales down 1.9% in November at 150,630 units

Domestic sales declined by 1.6 per cent at 143,686 units last month as against 1,46,018 units in November 2018

Maruti Suzuki bullish on hinterland, to expand rural sales network

Rural market contributes 40% sales for India's top carmaker, up from 7-8% 10 years back