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Maruti Suzuki India Limited Related news

Maruti Suzuki cuts production in May for 4th month in row, output down 18%

Maruti Suzuki cuts production in May for 4th month in row, output down 18%

The country's largest car maker Maruti Suzuki India (MSI) has cut vehicle production by over 18 per cent in May, according to a regulatory filing. It is the company's fourth consecutive month of taking a production cut. The car market leader produced a total of 1,51,188 units in May, including Super Carry LCV, down 18.1 per cent from 1,84,612 units in the year-ago month, MSI said in the filing.

Maruti’s Baleno hatchback reaches the 6 lakh sales mark in record 44 months

Maruti’s Baleno hatchback reaches the 6 lakh sales mark in record 44 months

Maruti Suzuki India ltd - country’s largest passenger vehicle manufacturer on Tuesday announced that its premium hatchback Balwani has crossed the 6 lakh units sales mark in the a record time of 44 months. The company claims that in the premium hatchback segment, Baleno is the fastest to reach this sales milestone.

Maruti reports 22 per cent drop in May sales at 1,34,641 units

Maruti reports 22 per cent drop in May sales at 1,34,641 units

New Delhi: The country's largest carmaker Maruti Suzuki India Saturday reported a 22 per cent decline in sales at 1,34,641 units in May.

The company had sold 1,72,512 units in May 2018, Maruti Suzuki India (MSI) said in a statement. Domestic sales declined by 23.1 per cent to 1,25,552 units as against 1,63,200 units in the year ago month, it added.

Maruti Suzuki to invest Rs 24 crore to set up 5 MW solar plant at Gurugram

Maruti Suzuki to invest Rs 24 crore to set up 5 MW solar plant at Gurugram

Maruti Suzuki India Wednesday said it will invest Rs 24 crore to set up a 5 MW solar power plant at its Gurugram facility.

The company recently laid the foundation stone for the captive solar power plant which is expected to be commissioned in the current financial year, Maruti Suzuki India said in a statement.

Maruti may drive in electric vehicle next year

Maruti may drive in electric vehicle next year

NEW DELHI: India’s largest carmaker Maruti Suzuki is evaluating the commercial launch of a small electric car next year amid challenges such as high prices along with lack of adequate charging facilities at the disposal of potential buyers.

While the company will be ready with a vehicle in 2020, the launch will depend on the willingness of buyers to pay more for an electric version, said Maruti Suzuki chairman RC Bhargava.

‘CCI probing if Maruti forced its dealers to limit their discounts’

‘CCI probing if Maruti forced its dealers to limit their discounts’

India’s antitrust regulator is looking into allegations that Maruti Suzuki, the country’s biggest car maker, resorted to anti-competitive practices by controlling how its dealers discounted cars, three people aware of the matter said.

Maruti sold 1.73 million passenger vehicles in the year to March and has nearly 3,000 dealers in the country.

Maruti Suzuki cuts production by 10% in April

Maruti Suzuki cuts production by 10% in April

The country’s largest carmaker Maruti Suzuki India on Thursday said it has slashed its vehicle production by around 10% across its factories in April. This is the company’s third consecutive month of taking a production cut. It had also reduced production in February and March this year.

The company produced a total of 1,47,669 units in April, down 9.6% from 163,368 units a year ago, it said in a regulatory filing.

Maruti Suzuki cuts production by 10% in April for third consecutive month

Maruti Suzuki cuts production by 10% in April for third consecutive month

The country's largest car maker Maruti Suzuki India (MSI) Thursday said it has slashed its vehicle production by around 10 per cent across its factories in April.

It is the company's third consecutive month of taking a production cut. It had also reduced production in February and March this year.

Maruti's April sales drop worst in seven years, Hyundai's skids 10%

Maruti's April sales drop worst in seven years, Hyundai's skids 10%

Sales at India’s top two manufacturers of passenger vehicles (PVs) fell sharply in April over the same month a year ago as the companies curtailed dispatches to dealers amid weak buyer sentiment and slowing sales.

While Maruti Suzuki’s PV sales in the domestic market dropped 19.6 per cent in April, for Hyundai the fall was 10 per cent over last year, the companies said in a statement on Wednesday.

Maruti Suzuki sees petrol, hybrid models offsetting losses from diesel phaseout

Maruti Suzuki sees petrol, hybrid models offsetting losses from diesel phaseout

Maruti Suzuki will add more petrol, hybrid and CNG models to its portfolio to compensate for the absence of diesel variants, chairman RC Bhargava said on Tuesday.

India’s biggest carmaker announced last week that it would discontinue production of diesel vehicles from April 1, 2020. Maruti believes that the relatively less expensive petrol, hybrid and CNG models will drive demand.

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