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.

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.

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.

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.

Mumbai: Maruti Suzuki India Ltd, India’s largest passenger carmaker, on Thursday reported a marginal drop in domestic sales of passenger cars in October to 122,280 units, against 122,459 a year ago.

These figures do not includes sales of commercial vehicles and vans.

New Delhi: Hyundai Motor Co. on Tuesday brought back the entry-level Santro small car to India two decades after it was first introduced as the South Korean carmaker mounts one of its strongest-ever efforts to challenge the domination of Maruti Suzuki India Ltd in rural markets and small towns. The re-launch of the Santro, however, comes at a time when high auto fuel prices, increased loan rates, and worsening macroeconomic factors have crimped consumer demand.

Country's largest carmaker Maruti Suzuki India (MSI) Wednesday said it is recalling 640 units of its light commercial vehicle Super Carry sold in the domestic market to inspect and fix a possible defect in the fuel pump supply.

The recall covers Super Carry units manufactured between January 20 and July 14, 2018, MSI said in a statement.

New Delhi: Maruti Suzuki India Ltd has started its maiden performance audit of vendors and also introduced a so-called ‘purple band’ for the most efficient suppliers as it seeks to ensure its goal of retaining the leadership of the domestic market by producing up to five million vehicles by 2030, said three people directly aware of the development.

With demand for cars somewhat muted, partly due to the inauspicious Shrad period and partly due to an excess of inventory, dealers are offering discounts on models such as Maruti Suzuki’s premium hatchback Baleno, the new Swift and the new Dzire, possibly for the first time since their launch. The Swift and Dzire can be bought at cash discounts of up to Rs 15,000 and Rs 10,000 on diesel and petrol variants, respectively.

Shares of Maruti Suzuki, which rose over ten-fold in six years through 2017, seem to have lost the steam. The stock has corrected close to 16% since January after its record-setting run, beating the Nifty returns for six years in a row. Among its most stellar returns were a gain of 88.8% in 2014 and 82.9% in 2017.

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