As Maruti Suzuki India Limited looks back on the past 30 years when it has been selling cars in India and revolutionizing passenger car industry in the country, it now looks ahead at the next 30 years with equal aplomb.
Indian company, Maruti Suzuki was to build a car manufacturing plant in Hansalpur, Gujarat. Later, it was revealed that not Maruti Suzuki, but Suzuki India (100% subsidiary of Suzuki, Japan), will build this plant. Some of the Maruti Suzuki investors did not agree, and now investment bankers have been hired for investor nod.
In May 2014, Maruti Suzuki India domestic sales stood at 90,560 units. For the month, exports stood at 10,300. Overall sales increase for last month was 19%. No doubt MSIL’s sales boost is attributed to it’s small car, Celerio, launched in February 2014.
Maruti Suzuki India is slated to launch a new midsized sedan by the end of this year. Called Ciaz, this new sedan will make its global premiere at the 2014 Delhi Auto Expo in Greater Noida next week. This is the same sedan which Maruti had been caught testing on Indian roads, and was code-named as YL1. The all new Ciaz sedan, once launched, will replace SX4 sedan.
Soon to be launched in India, as a replacement for their existing A Star hatchback, Maruti Celerio was recently spied before launch. To feature India’s first clutch-less transmission technology, Celerio will be offered in petrol option, along with a probable diesel engine.
India’s leading car manufacturer, Maruti Suzuki India Limited posted flat sales in domestic markets during October 2013, the festive month during which sales increase. But that was not the case this year. The festive season failed to add an expected sparkle in sales like every year.
For the 9th consecutive year, Maruti Suzuki is the most considered nameplate with 37% of all shoppers eventually buying a car from them.
Maruti Suzuki India Limited has announced a 61.2% increase in sales in the month of August 2013. Sales stood at 87,323 units during the month as compared to 54,154 units in August 2012. Exports increased significantly as they increased from 4,025 units in August 2012 to 11,305 units in August 2013, an increase of 180.9%.
The Indian state of Uttarakhand, was recently slashed by heavy rains, cloud burst and land-slides. Apart from the financial losses amounting to billions of Rupees, human death toll is estimated at 10,000 while 70,000 are missing. At such a time, India’s largest car manufacturer, Maruti Suzuki India and their employees will donate Rs 1.56 crores to Prime Minister’s National Relief Fund.
India – European Union Free Trade Agreements hit a major road block for auto industry earlier today when the largest car manufacturer in India, Maruti Suzuki, said that they do not want EU-FTA in the auto sector. India and EU have been in talks over FTAs since June 2007, but nothing solid has come out of it.
Maruti Suzuki India has revealed that in order to protect their market share in the auto industry, they will launch new sub-segment cars. These new Maruti Suzuki cars will be based on their segment leading cars like Alto 800, Swift and Ertiga.