Page 54 - Maruti Suzuki
Maruti to shift from motorsports to experential events to keep with trends
Having withdrawn its association with various motorsports events in search of wider consumer audience, the country's largest carmaker Maruti Suzuki India (MSI) is now formulating experiential initiatives to connect with younger buyers, according to a senior company official. The auto major, which has pulled out of marquee events like Raid de Himalaya, Desert Storm, Dakshin Dare and Autocross Championship, is now in the process of giving a final shape to its next level of engagement with consumers with plans to start programmes like track events and inter city expeditions. "We found out from research that the consumers wanted something experiential. It was not enough for MSI to be seen as a company associated with motorsports (only), but subsequently they wanted something more which was something related with experiential driving," MSI Executive Director, Marketing & Sales Shashank Srivastava told PTI. The consumer, who is slightly younger now, is becoming more aspirational and ...
 "Maruti to shift from motorsports to experential events to keep with trends")
Maruti Suzuki to invest Rs 24 crore to set up 5 MW solar plant at Gurugram
Maruti Suzuki India Wednesday said it will invest Rs 24 crore to set up a 5 MW solar power plant at its Gurugram facility. The company recently laid the foundation stone for the captive solar power plant which is expected to be commissioned in the current financial year, Maruti Suzuki India said in a statement. The proposed plant will help offset CO2 emissions to the tune of over 5,390 tonnes annually, for the next 25 years, it said adding that the plant would be the second grid based solar power plant for Maruti Suzuki. The first solar power plant was set up in 2014 at Manesar, with 1 MW capacity. In 2018, it was further expanded to 1.3 MW. "This solar power initiative is in line with the company's philosophy to adopt environment friendly technologies and lower CO2 emissions," Maruti Suzuki India MD & CEO Kenichi Ayukawa said. Through this solar power plant facility the company will harness renewable energy for its business needs over next 25 years, he added.
 "Maruti Suzuki to invest Rs 24 crore to set up 5 MW solar plant at Gurugram")
Competition watchdog probing allegations against Maruti, say reports
The CCI is looking into allegations that Maruti forces its dealers to limit the discounts they offer, effectively stifling competition among them and harming consumers
 "Competition watchdog probing allegations against Maruti, say reports")
Indian Railways eyes Maruti cars to boost freight business by 2030
At present, around 28 routes have been notified for operation of bi-level auto car wagons by the railways rakes
 "Indian Railways eyes Maruti cars to boost freight business by 2030")
Maruti opens Center of Excellence in ITI-Becharaji; to train 7,000 annually
The CoE will cater to students of ITI-Becharaji as well as students from other ITIs across Gujarat
How Maruti suppliers are reorienting strategies after diesel phase out plan
Hitting a speed-breaker
 "How Maruti suppliers are reorienting strategies after diesel phase out plan")
Maruti Suzuki cuts production by 10% in April for third consecutive month
It had also reduced production in February and March this year.
Maruti Suzuki sales plummet 17.2% in April, export rises 14.6%
In a BSE filing, Maruti said that its export sales rose 14.6 per cent from 8,008 vehicles in April 2018 to 9,177 vehicles this year
 "Maruti Suzuki sales plummet 17.2% in April, export rises 14.6%")
Maruti launches Ertiga with 1.5 litre diesel engine at Rs 9.86 lakh
The model is currently powered by 1.3 litre diesel powertrain sourced from Fiat
 "Maruti launches Ertiga with 1.5 litre diesel engine at Rs 9.86 lakh")
Cost-cutting, localisation, improve margins: Maruti's priorities for the yr
MSI plans to shift its entire portfolio to petrol, CNG powertrains.
 "Cost-cutting, localisation, improve margins: Maruti's priorities for the yr")
Maruti's exit from diesel could be a blessing in disguise for competitors
Many automakers may not pull the plug on diesel vehicles
 "Maruti's exit from diesel could be a blessing in disguise for competitors")
Podcast: Your last chance to buy a Maruti diesel car is now!
India's largest carmaker Maruti Suzuki India (MSI) has said that it will discontinue sale of diesel cars in the country from April next year, coinciding with the transition of the automobile industry
Sales to emission norms: Issues Maruti Suzuki investors should watch for
Management anticipates 4 - 8 per cent sales growth in FY20; analysts say this is the weakest guidance in at least five years
Maruti signals tough road, gives weakest growth forecast in the past 5 yrs
The carmaker's net profit fell by 4.6 per cent to Rs 1,795.6 crore
Maruti Suzuki to phase out diesel cars as stricter emission norms kick in
Diesel cars account for almost a third of sales
Diesel car phase-out won't impact Maruti sales, says R C Bhargava
Bhargava expects the buyer preference to change swiftly in favour of petrol, compressed natural gas (CNG), and other alternative technologies
 "Diesel car phase-out won't impact Maruti sales, says R C Bhargava")
Maruti stares at worst quarter in 5 yrs, improvement likely after elections
Maruti Suzuki's revenue growth may fall below 5%, commentary on demand revival key for sentiment reversal
Japanese carmaker Toyota to sell Maruti's Ertiga and Ciaz in India
Toyota also wants to learn the art of selling small cars in India from Maruti and train its workers
 "Japanese carmaker Toyota to sell Maruti's Ertiga and Ciaz in India")
Maruti Suzuki drives in updated Eeco with additional safety features
Eeco is currently priced between Rs 3.37 lakh and Rs 6.33 lakh (ex-showroom Delhi)
Maruti Suzuki cuts production by a quarter on slow demand in Indian markets
The cut comes amid demand uncertainties ahead of the Lok Sabha elections and Assembly polls in some states