Maruti Suzuki India (MSI) on Tuesday said its popular entry level small car Alto has crossed 38 lakh sales milestone. Launched in 2000, Alto crossed the 10 lakh sales mark in 2008 and in 2012 it reached the 20 lakh milestone. In 2016, the model crossed 30 lakh sales, the company said in a statement. It has been India's best-selling car for 15 consecutive years, Maruti Suzuki added. "Alto has been the preferred choice for entry car buyers due to several factors like its compact design, easy maneuverability, high fuel efficiency, updated safety features etc, while maintaining the affordability," MSI Executive Director (Marketing & Sales) Shashank Srivastava said. This year the company introduced BS6 compliant version of the Alto with a fuel efficiency of 22.05 km/litre, adding safety features such as air bags, anti-lock braking system (ABS) and electronic brake force distribution system (EBD), reverse parking sensor, speed alert system and seat belt reminder for both driver and ...
Production of mini and compact segment cars, including Alto, New WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 85,064 units
India's auto sector has gone into a tailspin this year as tight liquidity at shadow banks, high taxes and a weak rural economy have sapped consumers' buying power
Maruti will set up its vehicle dismantling and recycling unit in Noida, Uttar Pradesh within 2020-21 and will add more such units across India
The country's largest car maker Maruti Suzuki India (MSI) remains 'cautiously optimistic' over sales prospect going ahead as many of the challenges that led to slowdown in the auto industry still exist, a senior company official has said. The company, which posted a growth in domestic passenger vehicle sales after seven months in October, said it would take at least few more months to get clarity if the industry is finally on a revival path. "We are cautiously optimistic. The reason why we are cautious is that we do not have a crystal ball. Many of the factors like high cost of acquisition, confusion related to BS-IV and BS-VI, issues related to finance norms and liquidity etc, continue to be there," MSI Executive Director (Marketing & Sales) Shashank Srivastava told PTI. He was replying to a query whether October sales were an indication of revival of the industry which has been grappling with demand slowdown for almost a year now. "We are optimistic a little bit because the ...
Domestic sales also grew 4.5 per cent to 1,44,277 units last month as against 1,38,100 units in October 2018
Negative operating leverage, driven by a sharp fall in volumes, weighed on profitability
During the quarter under review, Maruti Suzuki outperformed the benchmark indices at the bourses
The new rates for the model are applicable from immediate effect
The S-Presso comes in four trim levels, from standard to the top end VXI+. It isn't quite a stunner, but does have its share of distinctive SUV design elements
Car and auto component makers have cut thousands of jobs and halted some production
The slowdown in the domestic market has whetted the overseas ambition of the industry
Major automobile makers, including Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota and Honda, on Tuesday reported double digit declines in domestic passenger vehicle sales in September as onset of the festive season failed to lift the ongoing slump in the auto industry. The country's largest carmaker Maruti Suzuki India said its domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018. Sales of mini cars comprising Alto and WagonR stood at 20,085 units as compared to 34,971 units in the same month last year, down 42.6 per cent. Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, fell 22.7 per cent at 57,179 units as against 74,011 cars in September last year. The firm's mid-sized sedan Ciaz sold 1,715 units as compared to 6,246 units earlier. Similarly, sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, declined marginally at 21,526 units as ...
Domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018
S-Presso is the company's first launch in the entry level segment after 2010
Sales were better this month as compared with August and the company expects October volumes to be even better than September
Car sales in August fell the most on record and Maruti Suzuki India Ltd
The model now starts at a price of Rs 7,88,913 (ex-showroom Delhi)
The lower prices will be effective immediately on models such as Alto 800, Alto K10, Swift (diesel), Celerio, Baleno (diesel), Ignis, Dzire (diesel), Tour S (diesel), Vitara Brezza and S-Cross
The new prices will be applicable from today across the country