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Maruti Suzuki India Limited Related news
 
Maruti Suzuki has silently launched the 2017 DZire Tour at a starting price of Rs 5.24 lakh, ex-showroom Delhi. The company will sell the new DZire Tour only for the fleet market. Earlier, the Maruti Suzuki DZire Tour was sold in a diesel version, however, the new car will now also be offered with a 1.2-litre K-Series petrol engine that produces 84 hp of power and 114 Nm of torque.

The diesel version gets the existing 1.3 litre DDiS unit that generates 74 hp of power and 190 Nm of torque. Both engines are paired to a 5-speed manual gearbox. The car manufacturer has not offered the DZire Tour with an automatic or an AMT (Automated Manual Transmission) gearbox.


 
New Delhi, Apr 19 () Maruti Suzuki tightened its grip on the Indian passenger vehicles market with with seven of its models featuring in the ten best selling list in 2016-17, with its small car Alto retaining the top seller tag for the 13th consecutive year.

According to data released by Society of Indian Automobile Manufacturers (SIAM), Maruti Suzuki India (MSI) had only six models in the top ten list in 2015-16.


 
The country’s largest car maker Maruti Suzuki India (MSI) today posted 8.1 per cent rise in total sales in March at 1,39,763 units as against 1,29,345 vehicles in the same month last year. The company’s domestic sales increased 7.7 per cent during the month to 1,27,999 units as against 1,18,895 units in March 2016. For 2016-17 fiscal, the company posted a 9.8 per cent jump in total sales at 15,68,603 units, against 14,29,248 vehicles in 2015-16. It turned out to be the company’s best ever year in term of sales.

 
With a view to populate NEXA and better target the premium buyers, Maruti Suzuki will now sell the Ciaz, its mid-sized sedan, from the premium sales network.

Ciaz will join the existing NEXA line-up of S-Cross, Baleno and Ignis from April 1.


 
The country’s top car-maker, Maruti Suzuki India Ltd (MSIL), has never had a better ride. It sold a record number of cars in the first nine months of 2016-17, clocking its best revenue and profits. The company has not only grown its share in the domestic market, but has also improved its product portfolio by launching new and premium models, including sports utility vehicles (SUVs). This helped in a higher realisation per vehicle. In spite of rising competition from rivals, the car-maker now has 47.3 per cent share of the passenger car market, slightly higher than the 46.8 per cent share it had in 2015-16.

 
Leading Indian automobile companies are facing the impact of a recent credit squeeze from banks in neighboring export markets like Sri Lanka and Nepal. Those impacted include Maruti Suzuki, Renault, Nissan and Bajaj Auto among others.

The development comes on the heels of demonetisation.


 
A court here will deliver today the quantum of punishment in a case of violence and rioting at Maruti Suzuki India Ltd's (MSIL) Manesar plant in 2012 in which a senior officer was burnt alive.

The court of additional district and sessions judge R P Goyal reserved its order after argument of the prosecution and defence over the quantum of sentence today.


 
Our analysis suggests that the Gujarat plant of Suzuki will be margin accretive to MSIL from FY2019 due to VAT incentives received by Suzuki for the plant for sales in Gujarat and richer product mix as the company prioritises Baleno production at this plant. We maintain our Add rating and target price of R6,400 on the stock as we believe upside is limited from current levels due to expensive valuations.

 
NEW DELHI: After nearly five years of trial, a Gurgaon court in Haryana today convicted 31 people and acquitted 117 other in the deadly 2012 Maruti Suzuki factory violence case, in which a manager was set on fire by a mob.

The quantum of punishment will be announced later today.


 
After trading in a range all through the Thursday's session, the benchmark indices eventually settled marginally higher ahead of the exit poll results of state elections due later in the day.

The S&P BSE Sensex ended at 28,929, up 27 points, while the broader Nifty50 closed at 8,927, up 3 points.


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