Maruti Suzuki news: The country's largest car maker may also look at expanding production capacity at its Gurugram-based manufacturing facility to cater to the rising demand for its products.
Domestic sales slipped 54.9 pc to 68,815 units last month as against 1,52,608 units in Sept 2020, it added.
The Competition Commission of India (CCI) on Monday imposed a penalty of Rs 200 crores on Maruti Suzuki India Limited for indulging in "anti-competitive" conduct of Rescale Price Maintenance in passenger vehicle segment by implementing discount control policy, the Ministry of Corporate Affairs said.
The price rise has been planned in the second quarter (July-September period) of the current financial year and the increase shall vary for different models, the company added.
The country's top carmaker Maruti Suzuki India (MSI) on Wednesday said it has decided to advance maintenance shutdown at its two Haryana-based manufacturing plants by a month amid a surge in the COVID-19 cases across the country.
carmaker Maruti Suzuki India (MSI) on Friday said it has hiked prices of most of its models by up to Rs 22,500 with immediate effect
Maruti Suzuki India car subscription plan is available Delhi-NCR, Bengaluru, Hyderabad, Pune, Mumbai, Chennai, Ahmedabad and Kochi.
The country's largest carmaker Maruti Suzuki India will increase prices of its vehicles from January to offset the adverse impact of rising input costs.
The country's largest carmaker Maruti Suzuki India on Sunday announced special offers for government employees with benefits up to Rs 11,000 over and above the ongoing festival consumer offers across its models.
The company sells S-Cross through its Nexa network. The model earlier used to come only with diesel engine option.
The country's largest carmaker Maruti Suzuki India (MSI) is seeing better demand in rural areas due to less number of COVID-19 cases as compared with urban regions which continue to reel under the high number of cases of the infectious disease, as per a senior company official.
The country's largest carmaker Maruti Suzuki India on Wednesday reported a 54 per cent decline in total sales at 57,428 units in June.
The country's largest carmaker Maruti Suzuki India (MSI) on Monday said it has launched BS VI compliant S-CNG variant of S-Presso, priced between Rs 4.84 lakh and Rs 5.13 lakh (ex-showroom Delhi).
The country's largest carmaker Maruti Suzuki India (MSI) on Friday said it has rolled out a set of detailed standard operating procedures (SOPs) for its over 3,800 service centres across 1,914 cities in the country, amidst the coronavirus pandemic.
Maruti Suzuki India, India's largest carmarker, has decided to suspend production at its Gurugram and Manesar plants in Haryana for two days. All manufacturing operations will be halted at the two manufacturing facilities on September 7 and 9. The auto major, reeling under slowdown, reduced its produced by 33.99 per cent in August, making it the seventh straight month of reduction.
With some of the factors responsible for the slowdown in auto sales such as concern over monsoon and elections behind, the company is hopeful that revival in demand specially from rural markets and peak discounts along with new model launches will play a crucial role converting inquiries into real purchases.
Maruti Suzuki India (MSI) is pitching for tax relief for hybrid and CNG cars in addition to electric vehicles in order to promote green mobility in the country.
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.
The auto major reported Earnings before interest, tax, depreciation and amortization (EBITDA) margin of 14 per cent for 2018-19, down 1.9 per cent from 15.9 per cent in 2017-18.
The country's largest car maker Maruti Suzuki India on Wednesday reported a marginal decline in sales at 1,64,369 units in July
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