New Delhi, January 28th, 2014: : The Board of Directors of Maruti Suzuki India Limited today approved the financial results for the quarter ending December 2013.
Automobile sales during the year 2013 ran out of gas as low market sentiments, high interest rates and a depreciating economy played spoil sport. Except Maruti, Hyundai and Honda, all other major car makers registered negative growth.
R C Bhargava, Chairman, Maruti Suzuki India, has confirmed that at the 2014 Delhi Auto Expo, in February next year, they will have something special to reveal.
Suzuki, the parent company of India’s largest car manufacturer, Maruti Suzuki India will soon shift export operations for Middle East, Africa, Latin America and South East Asia to India. The formalities are slated to be completed by March 2015.
Already spotted testing in India, the new Maruti Swift facelift is getting ready to debut at the 2014 Delhi Auto Expo in February next year. A leader in the segment, the updated Swift will ward-off rising competition from new entrants in the auto market.
Maruti Suzuki India Limited, the country’s largest automakers have announced recall of a total of 1492 units due to problems in steering column.
Maruti Suzuki India Limited, leading auto manufacturers in the country have announced their sales for the month of October 2013. During the month the company reported total sales to the tune of 1,05,087 units as against total sales of 1,03,108 units in October 2012, an increase of 1.9%.
For the 14th consecutive year, Maruti Suzuki has ranked highest in customer satisfaction with dealer service with a score of 876. Hyundai (833) and Honda (825) follow in the rankings. Hyundai is the most improved brand in the JD Power study with significant improvements achieved across all five factors, service quality; vehicle pick-up; service advisor; service facility; and service initiation.
Maruti Suzuki India Limited Board of Directors this Monday approved financial results for July-September 2013 (Q2) and April-September 2013 (H1).
In the q2 period, MSIL sold a total of 275,586 vehicles in Q2 equating to 19.6% growth. Exports for the period were 34,024 units, up 66.6%.