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Maruti cuts FY19 sales growth forecast to 8% from double-digit expectation
Posted on 19th December 2018
The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday cut its sales forecast for the ongoing fiscal to 8 per cent from an earlier projection of double-digit growth.

The company cited low demand in the second half of the year due to high interest rates, increased insurance cost and fuel prices for its downward revision, besides its lack of new model launch in the volume segment.

Maruti loses speed as PV growth slows amid rising challenges
Posted on 10th December 2018
Maruti Suzuki India Ltd’s announcement of a price hike across its vehicles from 1 January did not go down well with investors. The stock reacted negatively on Thursday, although it recovered some the next day.

That a routine price hike done by auto firms in January to pass increases in costs onto consumers should worry is strange. The reason is that investors perceive the hike this time around would hit demand.

Maruti Suzuki to raise prices in January
Posted on 6th December 2018
Maruti Suzuki will increase the prices of its vehicles across various models from next month to try and offset the impact of rising commodity prices and fluctuation in foreign exchange rates.

The largest car maker of the country, however, did not specify by how much the prices of its vehicles would increase. Maruti officials said they were working out the range of hike.

The future is multi-fuel, multiple powertrains: RS Kalsi, Senior Executive Director, Marketing & Sales, Maruti Suzuki India
Posted on 3rd December 2018
Driving the new Maruti Suzuki Ertiga, one number is sure to attract your attention—the average fuel-efficiency figure displayed on the speedometer screen. On the highways, it will hover around 19kpl, and in city traffic it’s unlikely to drop below 15-16kpl. And here I am talking about petrol, not the diesel which is generally more fuel-efficient.

Maruti Swift crosses 20 lakh sales milestone
Posted on 27th November 2018
NEW DELHI: Maruti Suzuki India (MSI) Tuesday said its premium hatchback Swift has crossed 20 lakh sales milestone since its launch the country in May 2005.

The model raced past five lakh sales mark in September 2010, 10 lakh sales mark in September 2013, 15 lakh mark in March 2016 and 20 lakh milestone in November this year.

Maruti Suzuki to upgrade its 15 vehicles, 40 variants to meet BS-VI norms
Posted on 26th November 2018
With the Supreme Court fixing April 1, 2020, deadline for the sale of only BS-VI-compliant vehicles, Maruti Suzuki India (MSI) is working 'overtime' to make over 40 variants of powertrains across more than 15 models meet the stricter emission norms, according to a senior company official.

The company has also reinforced manpower in its engineering and research and development in order to be able to meet the Bharat Stage (BS) VI norms for its fleet ahead of schedule.

Maruti bets big on rural demand to drive sales
Posted on 22nd November 2018
Maruti Suzuki India is hoping that declining trend in fuel prices and robust rural demand will lift passenger vehicle sales in the remaining months of FY19, a senior company executive said on Wednesday. Petrol prices in New Delhi have come down 10% since hitting record Rs 84/litre on October 4. The domestic auto sales were hit during the festival season by Kerala floods, increase in insurance premium and liquidity crunch in the market.

Maruti Suzuki launches Ertiga 2018 today, price starts at Rs 744,000
Posted on 21st November 2018
The country's largest carmaker Maruti Suzuki India (MSI) Wednesday launched a new version of its multi-purpose vehicle Ertiga priced between Rs 744,000 and Rs 109,000 (ex-showroom price Delhi).

The petrol variants, including two automatic trims, are priced between Rs 744,000 and Rs 995,000, while diesel variants are tagged between Rs 884,000 and Rs 109,000.

Maruti ramps up production of Vitara Brezza
Posted on 20th November 2018
New Delhi: The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said it has ramped up the production of its compact SUV Vitara Brezza to reduce waiting period of the model.

The company has increased production of the vehicle by 10 per cent to 94,000 units during April-October period of the current fiscal as compared with same period of 2017-18.

Maruti Suzuki feels the heat, loses market share
Posted on 15th November 2018
MUMBAI: It has been a classic case for the Indian passenger vehicle market in the last 5-7 years: if Maruti Suzuki sneezes, the market catches a cold.

So, the overall Indian passenger vehicle market fell into negative category in the quarter ended September with sales falling 3.6% year-on-year to 870,804 when Maruti Suzuki sales dropped 1% to 449,834.

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