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.
Barring Celerio and Swift, all the models of Maruti Suzuki will be covered under the price increase exercise.
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 country's largest carmaker Maruti Suzuki India (MSI) on Friday said its entry-level small car S-Presso has crossed the 75,000 unit sales milestone in the first year of its launch.
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.
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