Page 2 - Maruti

40 years of Maruti 800: Jairam Ramesh recalls contribution of Indira, Rajiv

Senior Congress leader Jairam Ramesh on Thursday recalled the launch of people's car Maruti 800 40 years ago, and said Indira Gandhi and Rajiv Gandhi played a quiet but hugely effective role in the background. Former environment minister Ramesh also said that while celebrating Maruti-Suzuki and its multiple impacts, let us also pause and worry a bit from the inequality and climate change point of view that more than 50 per cent of car sales are now of SUVs. In a post on X, Ramesh said, "Today 40 years ago, the consumer revolution overtook India and its engineering industry got transformed. The Maruti 800, the people's car was launched and the nation recalls Indira Gandhi and Rajiv Gandhi, who played a quiet but hugely effective role in the background." It is also important to recall O Suzuki and V Krishnamurthy who made the landmark Suzuki-Maruti joint venture possible, he noted. Krishnamurthy had earlier built BHEL and was to later turn around SAIL, Ramesh pointed out. "One of th

Maruti, Mahindra, Audi extend support to customers in cyclone-hit areas

Maruti Suzuki India, Mahindra & Mahindra and luxury car maker Audi have extended support to customers in cyclone and flood affected regions of Tamil Nadu and Andhra Pradesh. In a statement, Maruti Suzuki India said it has collaborated with its dealer partners and made several arrangements at its workshops. As soon as the news about the cyclone 'Michaung' was reported, the company proactively sent out 7 lakh SMS alerts containing precautionary steps to its customers to ensure that even before the cyclone hits, customers could take precautionary measures to safeguard their cars against potential damage, it said in a statement. The company said it mobilised 46 tow trucks from neighbouring cities and activated 34 roadside assistance vehicles for quick response, augmented spare parts inventory for ready availability, and collaborated with insurance firms for faster claim processing and settlement. Mahindra & Mahindra said it has initiated complimentary roadside assistance, no-cost .

Sensex ends 92 pts up amid volatility, Nifty tops 19,800; Infy, ITC gain 1%

Closing Bell on Wednesday, November 22, 2023: The BSE MidCap index gained 0.3 per cent, while the SmallCap slipped 0.6 per cent. Tata Tech and Gandhar Oil IPOs received strong response on Day 1.

MSIL to issue shares worth Rs 12,841 cr to acquire Gujarat plant from SMC

Share issue will raise Suzuki Motor Corporation's ownership in Maruti Suzuki India to 58.19%

Maruti to pay $1.54 billion in stock to Suzuki Motor for local plant

Maruti will issue 12.3 million preference shares at Rs 10,420.85 each, which is a 2.7 per cent discount to the stock's closing price on Monday. The stock dropped 0.6 per cent on the day

Indian PV market to nearly double in size by FY31: Maruti MD Takeuchi

Automobile businesses need to be 'reviewed, re-aligned' for higher scale of operations, he says

Aug auto sales: Maruti scales new high; M&M m-cap nears Rs 2 trillion

Maruti Suzuki (up 4% at Rs 10,390) and M&M (up 2% at Rs 1,604.55) hit their respective new highs, and rallied up to 9% in the past five days as compared to a less than 1% rise in the S&P BSE Sensex.

Stocks to Watch today, Aug 09: Adani Group, CIL, IRCTC, Tata Power, Siemens

Stocks to watch on August 09, 2023: Shares of Adani Enterprises and Adani Wilmar are likely to be in focus on Wednesday amid reports of stake sale in the latter company.

Aiming for 20% of sales to be EV-driven by 2031: Maruti's R C Bhargava

R C Bhargava, chairman, MSIL, in an interaction talks about the company's EV plans, the need to acquire Suzuki Motor Gujarat (SMG), and reorganisation

Maruti's share in parent Suzuki's revenues reached highest ever in Q1FY24

The Indian economy, on the other hand, has been performing well and auto sales have remained robust

Maruti to acquire Suzuki Motor Corp's Gujarat plant to boost efficiency

Maruti will take over EV production at Gujarat site, replacing Suzuki Motor Corp

Man in Faridabad seen with a Convertible Maruti 800, netizens amused

A video of a man driving around in a "convertible" Maruti 800 went viral on the Internet. The video was reportedly shot in Faridabad, Haryana, has been viewed more than 1.3 million times

Maruti adds pedestrian safety alarm in EV hybrid variants of Grand Vitara

Maruti Suzuki India on Monday said it has introduced a pedestrian safety vehicle alarm feature in the electric hybrid variants of its SUV Grand Vitara, which will push up prices by up to Rs 4,000. The company announced the addition of Acoustic Vehicle Alerting System (AVAS) for the intelligent electric hybrid variants of the Grand Vitara. This technology is designed to help keep drivers and pedestrians safe by alerting them about the presence of a vehicle, Maruti Suzuki India said in a regulatory filing. The system works by emitting a low-level alert sound that can be heard up to five feet away, giving pedestrians and other nearby drivers a heads-up that a vehicle is nearby, it added. The addition of AVAS for pedestrian safety makes the Grand Vitara compliant with upcoming regulations, the company said. The price change in these variants of the Grand Vitara ranges up to Rs 4,000 (ex-showroom Delhi) effective from July 17, 2023, it added. The electric hybrid variants of the Grand .

Maruti Suzuki hopes to deliver more cars to customers this festive season

Maruti Suzuki expects to keep growing faster than the domestic passenger vehicle industry riding on the back of strong demand for its models especially the SUV range, according to a senior company executive. The auto major anticipates the overall passenger vehicle market to grow in the range of 5-7 per cent this fiscal. In an interaction with PTI, Maruti Suzuki India (MSI) Senior Executive Officer (Marketing and Sales) Shashank Srivastava said the PV industry is expected to close the current fiscal at 40.5-41.3 lakh units. "We have not revised our estimates which we had made at the beginning of the year. We said the industry growth would be in the 5-7 per cent range and our growth should be higher than the industry," Srivastava said. He noted that in the first quarter, the company grew by 12.2 per cent while the industry grew by around 9.5 per cent. Srivastava said that the demand remains fairly robust so far in the fiscal with the April-June period turning out to be the best quar

Stocks to Watch: Tata Motors, ONGC, Maruti, HAL, RVNL, HG Infra, JSW Energy

Stocks to Watch: Oil related stocks like ONGC/Oil India/RIL/ refiners will be in focus as crude jumped 8 per cent following a surprise output cut by the OPEC+

Indices snap two-day losing streak on gains in RIL, Maruti

The broader NSE Nifty50 advanced 40.65 points or 0.24 per cent to end at 16,985.70 points

Maruti will have six EVs by 2030, working to bring down battery costs

Senior exec says cost of acquisition is a key factor impeding EV adoption in India

Maruti to roll out its first EV next fiscal, five more by FY30: Suzuki

EVs to constitute 15% of Maruti's total production by FY30

Auto Expo 2023: Automakers go all out with green offerings on day 1

The key highlight of the day was the unveiling of its first electric SUV, the eVX, by the country's largest carmaker Maruti Suzuki, which is likely to hit markets by 2025

Top Headlines: Double-digit growth for carmakers, Google-CCI tussle & more

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