The new Ignis is now equipped with co-driver seat belt reminder and high speed alert system along with reverse parking assist system as standard features across all variants, Maruti Suzuki India said
In the domestic market, the company sold 1,42,150 units as against 1,40,600 units in the same month last year, a growth of 1.1%
Maruti Suzuki discounts peaked to a record high in Q3
The smallest car from Maruti Suzuki's stable replaced the iconic Maruti 800 and has enjoyed major popularity as the entry-level car with the company selling over 35 lakh cars since its launch
Analysts were anticipating a single-digit decline in the company's quarterly profit
The stock dipped 9 per cent to Rs 6,420, its lowest level since April 28, 2017, after reported 17.2 per cent year-on-year decline in net profit at Rs 1,489 crore in December quarter.
JIM Uncha Majra, which will be the first in Haryana, is expected to start its first session by August 2019
The new WagonR with one-litre engine will deliver a fuel efficiency of 22.5 km per litre while the bigger 1.2 litre petrol powertain would return efficiency of 21.5 km per litre
Customers can book the third generation WagonR at its authorised dealer network across the country at an initial payment of Rs 11,000
In December, the company had said that it will hike its car prices from January but did not specify the quantum of hike
Maruti is also in the process of upgrading its current portfolio to have safety features like airbags, seat belt reminder and reverse parking sensors by June to comply with new safety norms
The Suzuki-owned firm, which sells every second car in the domestic market, had seen its profit grow for nine consecutive quarters until June 2019
The Japanese currency is up 5.2% against $ in 1 month
Maruti Suzuki has defied every small and big disruption in the domestic car market, growing at double-digit rates year after year
Maruti Suzuki has strengthened its grip on Indian roads and accounts for a 50% market share
The company had sold 130,066 units in December last year
All the completely new models the car market leader launches in 2019-20 will be compliant with BS VI
A slowing growth rate at Maruti Suzuki is a worry for the overall industry growth
Tax 2-wheelers also to promote e-mobility: Maruti Suzuki Chairman Bhargava
Indian automakers are grappling with high commodity prices and foreign exchange rates