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Maruti Suzuki India records 10 millionth domestic car sales today
India's largest car manufacturer, Maruti Suzuki India announced earlier today that they sold their 10 millionth (1 crore) in India earlier today. The 10 millionth Maruti Suzuki car to be sold in India is a red colored Swift Vxi hatchback. The car is already on its way to its owner in Coimbatore, as MSI shipped the car earlier this morning from their unit in Manesar, where it was manufactured.
Maruti...
Maruti Suzuki India Gujarat plant land acquisition nears closure: Vehicle production will not commence immediately
While Maruti Suzuki India is almost there in terms of land acquisition which is roughly 1,000 acres for their Gujarat plant, there's no clarity yet regarding when the MSI plant construction will commence. Maruti investment figures could be a pssible Rs 18,000 crore in Gujarat where the company looks at production of 20 lakh units a year.
Chairman R Bhargava did mention that work on the Gujarat plant...
Maruti Suzuki India to launch new line of SUV and MUV units
The 2012 Delhi Auto Expo in January will see a new line of SUVs and MUVs being launched by Maruti Suzuki India. This will help the company regain its 50% market share which has taken a beating with the recent strikes and loss in production that the company had to deal with at their Manesar plant. The goal is set to be attained by 2015.
Maruti Suzuki India Limited, a 54.2% subsidiary of Suzuki Motor...
Maruti Suzuki India to export car to newer markets
India's largest car manufacturer, Maruti Suzuki India will be exporting their cars to newer markets around the globe in order to battle with the reducing demand for cars in India. Earlier yesterday, Mr Bhargava, Board Member, MSI, stated that he is not hoping for the company to register a growth in sales this fiscal, in fact he said he will be happy to see a break even figure.
Maruti car sales have...
Maruti Suzuki India to introduce more CNG models in auto market
Maruti Suzuki India is all set to see more CNG models being launched in the coming years. At present the company has five such CNG vehicles and has decided to add more considering the rising need to improve the quality of air pollution and being out better and highly efficient vehicles with zero emission. Mr. R C Bhargava, Chairman of Maruti Suzuki India has said that present five CNG models such...
Maruti Suzuki India Manesar plant now dedicated to new Swift production
Maruti Suzuki India has shifted back to full scale production at the Manesar plant. The devastating 33 day long strike was an extension of the standoff between workers and management. The white flag came into being this Saturday with the Haryana government's intervention. Problems began when workers refused to sign a good conduct bond laid down by the management when it discovered serious and deliberate...
Maruti Suzuki India annual FY11 report not laden with elaborate profits
The Annual Report FY11 of Maruti Suzuki India Ltd does not show a very promising picture. Though the company has put in a lot of efforts in research and Development, as well as, improving efficiency of existing models the overall picture still seems grim. Increased competition from various other auto manufacturers seems to be a major reason. Coupled with this are mounting interest rates and escalating...
Maruti Suzuki India resumes partial operations at manufacturing plant
Maruti Suzuki has in recent times suffered huge production loss, and endured worker unrest at freewill. Workers at the Manesar plant have not come to agreement with the company and have been agitating and protesting for a while now regarding recognition of their separate workers union. This time round, Maruti Suzuki chose to lock out workers rather them stage a lockout within the production facility.
The...
Car manufacturers in India and Transfer Pricing Regime
A transfer pricing system was brought in by the Income Tax department to equate pricing of similar companies on one platform. Indian companies found this system of pricing suitable till now but with advent of multinationals entering Indian retail markets this kind of pricing system seems to be facing difficulties.
Reasonable, fair and equitable profits as well as taxes needed to be formulated for all...
Maruti Suzuki India to increase on Research and Development
The Research and Development unit of Maruti Suzuki India Limited is about to be augmented. The company plans on increasing manpower actively involved in R&D for the company by adding about 20% to its existing workforce during 2011-12. This will ensure that the R&D unit of Maruti Suzuki India becomes a major centre for research and development for its Suzuki counterpart.
The R&D unit...






















