Maruti Suzuki India (MSI) maintained its leadership position in the domestic passenger vehicle (PV) market in May as seven of its models featured in the top 10 selling brands.

According to the latest data from Society of Indian Auto-mobile Manufacturers (SIAM), in the top 10 best selling PVs, Maruti’s Alto retained the top position in May with the sales of 21,890 units as against 23,618 units a year ago.

New Delhi, June 20 () Maruti Suzuki India (MSI) maintained its leadership position in the domestic passenger vehicle (PV) market in May as seven of its models featured in the top 10 selling brands.

According to the latest data from Society of Indian Automobile Manufacturers (SIAM), in the top 10 best selling PVs, Maruti's Alto retained the top position in May with the sales of 21,890 units as against 23,618 units a year ago.

With Maruti bringing the new generation Alto and Hyundai introducing a completely new entry-level model, buyers in India’s small car market, who have had little to choose from in the absence of new launches since five years, would now be spoilt for choice.

“We would be launching a contemporary car that will address the entry-level of the car market,” said Rakesh Srivastava, director - sales and marketing at Hyundai Motor India.

Even as India’s largest car-maker Maruti Suzuki is gearing up for the launch of its Ertiga automatic spied, global research firm HSBC says that the development will be a near-term trigger for Maruti Suzuki’s shares. Notably, the new 2018 Maruti Suzuki Ertiga MPV is likely to be launched in the month of October and is already up for sale in Indonesia since April 2018.

The new 2018 Maruti Suzuki Ertiga MPV has been testing for quite some time now. Reports on the internet suggest that the new model is due for India launch in the month of August and is already up for sale in Indonesia since April 2018. There have been multiple spy images on the web of the new Maruti Suzuki Ertiga and by now, you must be familiar with the idea of how the car will look from outside.

Maruti Suzuki‘s big milestone: India’s largest automaker by market capitalisation Maruti Suzuki has achieved yet another feat with manufacturing 2 crore cars in less than 35 years. The stock of Maruti Suzuki is the costliest scrips among all the listed companies (excluding auto ancillary companies) on Indian bourses — NSE and BSE.

Maruti Suzuki, which had forayed into the commercial vehicle segment with the launch of the Super Carry in September 2016 with a pilot in the three cities of Ludhiana, Kolkata and Ahmedabad, has announced it has reached the milestone of 200 outlets which are selling this vehicle in more than 165 cities.

Maruti Suzuki is not just the country's biggest car maker with a fifty per cent market share. It also makes a significantly higher profit on each car than the industry peers including its nearest rival and Korean car maker Hyundai.

Car makers do not share the profit earned per car though they declare the total profit earned in a year.

Mumbai: Toyota Motor Corporation and Suzuki Motor Corporation on Friday revealed broad contours of their evolving partnership that centres around India.

Within two months of agreeing to share product portfolio, the Japanese carmakers with a significant presence in India have proposed that they also eye synergies by sharing infrastructure such as factories and dealer networks in India.

New Delhi: Maruti Suzuki India Ltd’s vendors need to collectively invest Rs1.5-2 trillion in the decade starting 2020, to keep pace with investments the carmaker’s parent company, Suzuki Motor Corp., would make in India.

investments would be geared towards achieving its target of selling five million cars in the country by 2030.

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