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 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 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: 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+
The broader NSE Nifty50 advanced 40.65 points or 0.24 per cent to end at 16,985.70 points
Senior exec says cost of acquisition is a key factor impeding EV adoption in India
EVs to constitute 15% of Maruti's total production by FY30
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
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Stocks to watch today: Tata Motors reported 10 per cent YoY increase in domestic December sales at 72,997 units as against 66,307 units sold last year
Stocks to Watch Today: SBI too may be in focus after the PSU bank successfully raised Rs 10,000 crore via its maiden infrastructure bonds.
Suzuki holds a 56.37 per cent stake in Maruti Suzuki
Maruti Suzuki India (MSI) may increase its Manesar plant production capacity by one lakh units to cater to the enhanced demand before its Sonipat facility commences operations in 2025, a senior company official said. The country's largest carmaker may also look at expanding production capacity at its Gurugram-based manufacturing facility to cater to the rising demand for its products. Currently, MSI has a cumulative production capacity of 15 lakh units per annum at both Manesar and Gurugram plants. It additionally has access to 7.5 lakh units from parent Suzuki Motor's facility in Gujarat. The company has already commenced work at the new facility in Kharkhoda in Haryana. The plant is expected to be operational by 2025 with an installed production capacity of 2.5 lakh units in the first phase. "As of now, we have about 22.5 lakh capacity in Haryana plus Gujarat...And in times to come, we are in process of working on the Kharkhoda plant, which will be up and running in the year ...
Covid-19 might have set the growth back by a few quarters but the FMCG sector has bounced back
From Hyundai Motors to Maruti Suzuki and Toyota, all major market players will be ramping up their SUV offerings, giving consumers a variety of options
Electric vehicles are way more expensive than the traditional combustion engine vehicles. As India tries to meet clean-mobility goals, are low-cost hybrids the solution that Indian car market needs?
Electric vehicles are way more expensive than the traditional combustion engine vehicles. As India tries to meet clean-mobility goals, are low-cost hybrids the solution that Indian car market needs?
Electric vehicles are way more expensive than the traditional combustion engine vehicles. As India tries to meet clean-mobility goals, are low-cost hybrids the solution that Indian car market needs?
"The recall is being undertaken to replace ACUs, free of cost, in these vehicles," the company noted in a statement to BSE
New K10 will be sold alongside the Alto 800; it comes with both five-speed manual and automatic gear shift