| Maruti Suzuki India Limited Related news |
Maruti offers free five-year warranty to tide over sales slump
Posted on 21st August 2019 |
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To arrest the fall in demand for diesel cars, Maruti Suzuki has announced it will offer free warranty for five years or 1 lakh km to customers across the country on models such as Dzire, Swift, Vitara Brezza and S-Cross. The development comes after sales of Maruti’s diesel engine fell after the announcement made by the company to stop manufacturing these vehicles from April 1, 2020, when the BS-VI emission norms will come into effect. |
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Over 3,000 temporary jobs cut due to slowdown: Maruti Suzuki
Posted on 17th August 2019 |
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Over 3,000 temporary employees have lost jobs with the country’s largest carmaker Maruti Suzuki India (MSI) due to the ongoing slump in the automobile industry, a top company executive has said. MSI Chairman R C Bhargava said contracts of the temporary workers were not renewed due to the slowdown while asserting that permanent workers have not been impacted. |
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Maruti starts booking for new MPV XL6
Posted on 10th August 2019 |
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PUNE: Maruti Suzuki, India's biggest car maker, on Friday officially started accepting bookings with a down payment of Rs 11,000 for its upcoming new model — Maruti Suzuki XL6, the multi-purpose vehicle or MPV with six seats. The company will announce its price on August 21, the launch day at New Delhi. According to experts it could be tagged around Rs 9.50 lakh — 10.50 lakh in a fiercely competitive car market in the country. |
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Maruti Suzuki sales witness massive 33.5% decline: Alto segment shrinks by almost 70%!
Posted on 1st August 2019 |
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Unenthusiastic market sentiments have lead to the country's leading automobile manufacturer, Maruti Suzuki, observe a substantial decline in its sales for the month of July 2019. The Indo-Japanese automaker sold a total of 1,09,264 units during last month. In comparison, during the same month last year, the sales for the carmaker stood at 1,64,369 units. |
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Maruti Suzuki net profit plunges 27% to Rs 1,435 crore in Q1; outlook grim
Posted on 27th July 2019 |
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Maruti Suzuki India, the country’s largest carmaker, on Friday posted a 27.3 per cent drop in net profit for the April-June quarter amid an industry-wide slowdown in demand, even as it beat analysts’ estimates. The company reported a net profit of Rs 1,435 crore in Q1FY20, compared to Rs 1,975 crore in the year-ago period. |
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Maruti expected to report subdued first quarter earnings on the back of double digit fall in sales
Posted on 26th July 2019 |
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Maruti Suzuki - country’s largest passenger vehicle manufacturer - is expected to report subdued growth revenue and net profit in the first quarter of the current financial year as sales across segments declined by double digits. The New Delhi based vehicle manufacturer will continue to see decline in revenue due to the high base in the corresponding period and 19% fall in sales in the April to June quarter. |
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Maruti discount practice under scanner as CCI orders probe
Posted on 5th July 2019 |
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In ordering a probe, CCI has acted upon complaints Maruti does not permit its dealers to give extra discount to their customers beyond an approved level and if a dealer is found doing so, penalty is levied depending upon the number of incidents found in a particular financial year. In its order, the CCI has observed that Maruti has indulged in resale price maintenance by fixing the maximum discount which its dealers could offer to end-customers. |
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Maruti Suzuki total sales slip 14% in June, domestic sales down 15%
Posted on 1st July 2019 |
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Maruti Suzuki India Monday reported a 14 per cent decline in total sales at 1,24,708 units in June as against 1,44,981 units in the same month last year. Domestic sales during the month were down 15.3 per cent at 1,14,861 units last month compared to 1,35,662 units in June last year, Maruti Suzuki India (MSI) said in a statement. |
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Maruti Suzuki adds one more to top 10 best selling cars
Posted on 25th June 2019 |
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Maruti Suzuki has snatched one more position from Hyundai Motors India in the list of top 10 models sold in May, bagging eight places. Till April, seven Maruti models featured in the SIAM’s ten best-selling passenger vehicles list, while Hyundai bagged the remaining. Hyundai’s hatchback i10, which has been in the top 10 list for many years, did not feature in May’s list. |
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CO2 emissions: Maruti Suzuki cars most efficient, Toyota Kirloskar least
Posted on 21st June 2019 |
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Maruti Suzuki cars are the most efficient in terms of emissions and fuel consumption, with a CO2 emission of 109.5 gram per km and average fuel consumption of less than 5 litres for a distance of 100 km, according to the latest fuel consumption compliance report released by the Union transport ministry for 2017-18. Among the top 10 carmakers, Toyota Kirloskar Motor had the highest average carbon dioxide (CO2) emission at 160.7 g/km, while in terms of fuel efficiency, Toyota cars consume around 7 litres of fuel for a 100-km distance. |
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