With the allotment, SMC's stake in Maruti Suzuki India (MSI) will increase to 58.19 per cent from the earlier 56.48 per cent.
According to MSI, the model's automatic trims have a fuel economy of 16.94 kilometers per liter, while the five-speed manual variants have a fuel economy of 16.39 kilometers per liter.
Maruti Suzuki Q4 Results: The country's largest carmaker logged a net profit of Rs 1,876 crore in the January-March of 2021-22.
Nexa, the premium retail channel of Maruti, offers models such as the Ignis, Baleno, Ciaz, XL6, and Grand Vitara. The Fronx and the five-door Jimny are also set to be sold from the Nexa outlets.
Maruti Suzuki Fronx SUV: Fronx SUV, which is set to shake up the Indian SUV market with its impressive list of features, advanced powertrain options, and competitive price point is expected to be launched in the next quarter.
Top 10 car launches: Many new car launches in petrol, diesel and EV variants were presented to customers. Let's take a look at top 10 car launches that automobiles companies made in year 2022.
The winners were selected across 12 categories, comprising Hatchback, Sedan, SUV, MPV and Luxury car segments and included a Viewer’s choice award for the best Pre-owned automobile brand and an overall winner that was named the Pre-owned Car of the Year.
Grand Vitara launch: The 1.5 litre trims with mild hybrid technology mated with a five-speed manual and six-speed automatic transmission options are priced between Rs 10.45 lakh to 17.05 lakh.
The all-new Alto K10 is powered by the company's next-generation K-Series 1-litre petrol engine and delivers fuel efficiency of up to 24.9 kilometer per litre, company MD & CEO Hisashi Takeuchi said during the launch event in New Delhi.
The latest hike, Maruti Suzuki said, was necessary in order to partially offset the impact of rise in input costs.
The model comes with hybrid technology and driven by an all-new advanced six-speed automatic transmission with paddle shifters.
Over the past year, the cost of company's vehicles continued to be adversely impacted due to increase in various input costs, the auto major said in a regulatory filing.
The manual trims of the new Baleno model are priced between Rs 6.35 lakh and Rs 8.99 lakh.
The Indian automaker said that company has announced to proactively undertake a recall of some petrol variants of Ciaz, Ertiga, Vitara Brezza, S-Cross and XL6.
Though coronavirus remained the super consistent news of 2020, automakers still managed to impress car & bike lovers and launched pretty impressive models throughout the year.
As many as 2,64,898 passenger vehicles were sold in November as against 2,53,139 units in the same month last year, SIAM said in revised numbers.
Leading carmakers Maruti Suzuki India, Hyundai and Tata Motors saw better retail sales during the Navratri period this year as compared with last year with pent up demand of last few months aiding the brisk offtake.
The country's largest carmaker Maruti Suzuki India (MSI) on Monday said it has launched a special edition version of its hatchback Swift, priced Rs 24,999 more than the regular trims which are priced between Rs 5.19 lakh and Rs 8.02 lakh (ex-showroom Delhi).
The company has partnered ORIX Auto Infrastructure Services India, a subsidiary of ORIX Corporation, Japan, to launch Maruti Suzuki Subscribe for these cities, Maruti Suzuki India Ltd (MSIL) said in a statement. q
Maruti Suzuki India (MSI) on Monday said its multi-purpose vehicle (MPV) XL6 has crossed the 25,000-unit sales milestone in a year of its launch and helped the company take a leadership position in the segment.
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