Maruti Suzuki partners Karnataka Bank for vehicle financing solutions
NEW DELHI: India’s largest carmaker Maruti Suzuki India on Wednesday said it has partnered with Karnataka Bank to offer vehicle financing options for potential car buyers. The company said it has signed a Memorandum of Understanding (MoU) with the Mangaluru-headquartered private sector lender. Customers can avail the benefits across 858 branches of Karnataka Bank at […]
Maruti Suzuki commences production, export of Jimny
NEW DELHI: Automobile major Maruti Suzuki India has commenced export of Suzuki’s compact off-roader Jimny from India. Accordingly, the first shipment of 184 units left from Mundra port to Latin American countries such as Columbia and Peru. Besides, the three-door Suzuki Jimny will also be exported to the Middle East and African markets from India, […]
Maruti Suzuki’s production rises 34% at 1,55,127 units in December
NEW DELHI: Maruti Suzuki India, the country’s largest carmaker, on Wednesday said its total production in December 2020 increased 33.78 per cent to 1,55,127 units. The company had produced a total 1,15,949 units in the same month of 2019, Maruti Suzuki India (MSI) said in a regulatory filing. Passenger vehicles production stood at 1,53,475 units […]
Maruti Suzuki sales increase 1.7 per cent to 1,53,223 units in November
NEW DELHI: The country’s largest carmaker Maruti Suzuki India (MSI) on Tuesday reported a 1.7 per cent increase in sales to 1,53,223 units in November. The company had sold 1,50,630 units in November last year, Maruti Suzuki India (MSI) said in a statement. Domestic sales increased marginally to 1,44,219 units last month as against 1,43,686 […]
Maruti Suzuki recalls 40,453 Eeco units to fix issue with headlamp
NEW DELHI: The country’s largest carmaker Maruti Suzuki India (MSI) on Thursday said it is recalling 40,453 units of its multi-purpose vehicle Eeco to fix an issue with the headlamp. The recalled units were manufactured between November 4, 2019 and February 25, 2020, the automaker said in a statement. “The company will inspect 40,453 units […]
Maruti Suzuki’s October sales grow 19% to 1.8 lakh units
NEW DELHI: Maruti Suzuki India on Sunday reported an 18.9 per cent growth in its total sales for the month of October. The company sold 1,82,448 units of vehicles last month, against 1,53,435 units sold in October 2019, the company said in a regulatory filing. Domestic sales of the company, including sales to other original […]
Maruti Suzuki ties up with Cholamandalam for customised auto finance
NEW DELHI: Maruti Suzuki India on Friday announced a partnership with Cholamandalam Investment & Finance Company Ltd (CIFCL) to provide customised auto retail financing solutions to retail buyers through ”Buy Now Pay Later” offer. In a statement, the automobile major said that the scheme will allow customers to start paying the EMIs after 60 days […]
Maruti Suzuki to resume production at Manesar plant from May 12
NEW DELHI: Maruti Suzuki India said that it will restart production of vehicles at its Manesar plant in Haryana on May 12. In a regulatory filing on Wednesday, the automobile major said that all operations would be carried out in accordance with the government regulations. “Maruti Suzuki India Limited would re-start production of vehicles at […]
Maruti Suzuki lowers production by 32% in March as slowdown bites
NEW DELHI: The country’s largest carmaker Maruti Suzuki India lowered production by 32.05 per cent in March, according to a regulatory filing by the company. The company produced a total of 92,540 units in March as against 136,201 units in the year-ago period, the auto major said. Passenger vehicle production last month stood at 91,602 […]
Maruti Suzuki S-Presso launched in India, price starts at Rs 3.69 lakh
NEW DELHI: The country’s largest car maker Maruti Suzuki India (MSI) on Monday launched a mini SUV S-PRESSO priced between Rs 3.69 lakh and Rs 4.91 lakh (ex-showroom). The new model, which is based on the company’s fifth generation HEARTECT platform, comes with a BS-VI compliant one-litre petrol engine with a claimed fuel efficiency of […]
Ola, Uber not ‘strong factor’ in auto sector slowdown: Maruti Suzuki
NEW DELHI: Millennials opting for ride hailing services like Ola and Uber may not be that strong a factor for the current slowdown in auto sales and a detailed study is needed to arrive at any conclusion in the contrary, according to a top official of the country’s largest carmaker Maruti Suzuki India. Ownership pattern […]
Maruti Suzuki reports 33% drop in August sales at 1,06,413 units
NEW DELHI: The country’s largest carmaker Maruti Suzuki India on Sunday reported a 32.7 per cent decline in sales at 1,06,413 units in August. The company had sold 1,58,189 units in August last year, Maruti Suzuki India (MSI) said in a statement. Domestic sales declined by 34.3 per cent at 97,061 units last month as […]
Maruti Suzuki continues slide, sales down 33.5% to 1,09,264 units in July
NEW DELHI: The country’s largest car maker Maruti Suzuki India (MSI) on Thursday reported 33.5 per cent decline in total sales at 1,09,264 units in July. The company had sold 1,64,369 in July last year, Maruti MSI said in a statement. Domestic sales declined by 36.3 per cent at 98,210 units last month as against […]
Maruti Q1 net dips 32 per cent at Rs 1,377 crore
NEW DELHI: The country’s largest carmaker Maruti Suzuki India (MSI) on Friday reported 31.67 per cent decline in consolidated net profit at Rs 1,376.8 crore for the first quarter ended June 30, on account of lower sales volume and higher depreciation expenses. It had posted a net profit of Rs 2,015.1 crore in April-June 2018-19, […]
Honda to continue selling diesel models in India
NEW DELHI: Japanese auto major Honda will continue to offer diesel models in India even after BS-VI emission norms kick in, unlike Maruti Suzuki which has decided to stop selling diesel cars from April 1, 2020. According to a senior official of Honda Cars India Ltd (HCIL), the company plans to upgrade its two diesel […]
Maruti Suzuki should aim to export 25% of production: CEO Kenichi Ayukawa
NEW DELHI: The country’s largest carmaker Maruti Suzuki India (MSI) should aim for up to 25 per cent of its production to be exported although it expects overseas shipments to touch 2 lakh units by 2020, according to company MD and CEO Kenichi Ayukawa. The company’s total production combined with that of parent Suzuki will […]