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Maruti Suzuki India's hatchback Swift dethroned sibling Alto as the best selling car model in April this year in the domestic market.

The company also maintained its tight grip on the Indian passenger vehicles market with seven of its models in the top 10 best selling models with the remaining three spots taken by rival Hyundai Motor India Ltd (HMIL).

Maruti Suzuki today launched the new Dzire sedan, a lighter and more fuel efficient vehicle at Rs 5.45 lakh onwards (ex showroom, Delhi). The petrol variant begins at Rs 5.45 lakh and goes up to Rs 8.41 lakh. Diesel variant begins at Rs 6.45 lakh and goes up to Rs 9.41 lakh. Maruti spent Rs 1,000 crore to develop the new Dzire.

First launched in 2008, Dzire happens to be Maruti’s second most sold car (after the Alto) and brings 14 per cent of the company’s domestic sales. Dzire also is the largest selling compact sedan in the country accounting for half of the segment volumes.

Maruti Suzuki has launched the new Dzire in India at Rs 5.45 lakh, ex-showroom, Delhi. The new Dzire is based on the company's 'Heartect' B-platform that makes the sedan weigh lesser by up to 105 kg for the diesel and 85 kg for the petrol versions. Talking about the design, the car manufacturer has equipped the Dzire with LED projector headlamps with DRLs (Daytime Running Lamps), LED tail lamps, OVRMs (Outside Rear View Mirrors) with turn indicators, chrome embellished front grille and 15-inch alloy wheels. These features are available only on the higher variants.

New Delhi: India’s largest carmaker Maruti Suzuki India Ltd has commenced bookings for its all-new Dzire compact sedan at over 2,000 dealerships across the country.

The booking amount of the new Maruti Suzuki Dzire is Rs 11,000.

Maruti Suzuki India (MSI) is preparing for a bigger role in product development programme of parent Suzuki, buoyed by the success of Vitara Brezza in which its engineers took the lead.

From beginning to work on minor changes on erstwhile model Zen in 2000 to a full body change of small car Alto in 2008-09 and ultimately being asked to develop a vehicle on a given platform and an engine, MSI has been enhancing capability of its engineers.

With consumer preferences inclined to newer features in cars, Maruti Suzuki is focusing on two pedal technologies like auto gear shift, automatic transmission (AT) and continuously variable transmission (CVT) in its vehicles across segments. The company first introduced the auto gear shift (AGS) with its hatchback Celerio and subsequently the technology became a part of WagonR and Alto. The company also introduced the CVT technology in its premium hatchback Baleno.

Fiat India has been supplying its tried and tested 1.3 litre Multijet diesel engine to car manufacturers such as Maruti Suzuki and Tata Motors for years. The engine is now powering enough cars in the country to be labelled as the national engine of the country. In a further development, the company has signed a new agreement with the two automakers in the country, by which Fiat will supply around 2.2 lakh units of its 2.0 litre Multijet turbodiesel diesel engine and not the 1.3 litre unit.

Maruti Suzuki India (MSIL) hit a new high of Rs 6,700, up 2.7% on BSE in early morning trade after the company reported a record monthly domestic sales of 144,492 vehicles in April 2017. The company had sold 117,045 vehicles in April 2016.

All segments of vehicles except vans grew in double digits: the mini segment (Alto and WagonR) grew by 22%; the compact segment (Swift, Celerio, Ignis, Baleno, and Dzire) by 39%; and utility vehicle by 28%.

NEW DELHI: The country's largest car maker Maruti Suzuki on Monday reported 23.4% increase in domestic sales at 144492 units for April.

The company had sold 117045 units in the corresponding period of the last financial year.

HDFC Securities has maintained its BUY rating on Maruti Suzuki India Limited (MSIL), stating that it believes in the growth story of India’s largest car manufacturer. “With 20% EPS CAGR over FY17-19E and structural improvement in RoE (at close to 25% by FY19E v/s 10 year average of about 17%), we maintain a BUY on MSIL with a target price of Rs 7,070, based on 20 times multiple of FY19E EPS,” HDFC Securities said in a research report.

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