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Maruti Suzuki, India's largest car manufacturer has increased its social welfare investment by more then 5 percent in various schemes during the period of 2007-09, as per an internal report.
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It's time for a 'domestic recall' following global auto major's recall. The first and only company so far, is Maruti Suzuki Ltd. The company will replace fuel pump gaskets of Maruti A-Star. The problem in fuel pump gaskets has come only in a certain lot of car that was made till August 22, 2009. This means around one lakh Maruti A-Star would get new fuel gaskets.
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Maruti Suzuki, India's largest automobile manufacturer announced today that it is going to discontinue its lowest-Price model, Maruti 800, here. The news came as a surprise to many market analysts as it was expected that Maruti 800 model will be up-graded to make it compatible to Euro-IV emission norms. Mr R C Bhargava, Chairman of Maruti Suzuki India Ltd, said today that the company has no plans of up-grading its Maruti 800 model and it would be discontinued in 13 Indian cities starting from April this year.
Maruti 800 is the oldest model of the company in India and Maruti has sold thousands of units of this model in the country since its launch way back in last decade. After the discontinuation of Maruti 800, Maruti Alto will become the lowest-priced small car in Maruti's Indian portfolio. The move will also affect the value of Maruti 800 in used car market as the model already has a high presence in used car market.
Japan based one of world's largest manufacturers Suzuki is all set to launch Maruti Kizashi model In India, as told by a top Suzuki executive to media. Kizashi, which is Suzuki's first-ever sports sedan with four wheel drive option was launched in North-American market in December 2009 and since then company has sold more then 300 units in the country.
Gene Brown, Vice-President (Automotive Marketing and Public Relations), Suzuki Motor corporation America, said in a statement given to PTI that the Maruti kizashi model will be launched in India soon though he hasn't provided any details regarding the launch of Kizashi model in India as he is appointed for company's operations in American market. He was talking on the sidelines of Chicago Auto Show.
Maruti Suzuki India, country's largest car manufacturer announced today that it is expecting to register a 100% export increase by the end of this fiscal. Company is expecting that it will manage to sell around 1.6 lakh units by the end of this fiscal along with a sales increase of 20% in its overall sales.
Company managed to export around 80,000 units in last fiscal. But as now it is also planning to enhance its exports to other markets like South-East Asia and Africa, it is expecting to achieve a 100% increase in its exports this fiscal. Company recently announced its plans of exporting Maruti Ritz model in overseas market along with its flagship Maruti A-Star model.
Maruti Suzuki India is establishing a R&D facility at Rohtak which after completion will be the only such efficient R&D center of Suzuki out side Japan. Company is planning to convert this facility into a self-sufficient and self reliant R&D center by the year 2012. Interestingly the company also has plans to launch a 100% made-in -India small car by 2012 which will be designed and engineered in this facility.
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Maruti Suzuki, India's top car manufacturer, 50% market shareholder in Indian automobile industry is all set to develop a 100% "made in India" small car model by year 2012. Maruti Suzuki India Ltd is 54.2% acquired by Japan based Suzuki Motor corporation is now aiming to independently manufacture vehicles in India. Company is in the process of converting its Rohatak facility into a self-dependent facility by year 2012 which is also the year of launching of its new small car in India. SY Siddiqui, head of administration, HR, IT & finance at Maruti said in a statement that company is targeting year 2012 as the year by when it will establish its self-owned and self-sufficient R&D (independent from Japan based Suzuki motors).
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Maruti Suzuki India Ltd (MSIL), India's largest automobile manufacturer is all set to launch its first 'Made in India' car by year 2012. According to reports company is hunting for 30 more automotive engineers and designers to complete its existing pool of 970 professionals who are specially selected for the manufacturing of its new small car at its Gurgaon plant in India. In year 2005 company had decided to create a group of engineering and designing professionals for its research & development segment by year 2010. According to company's strategy these professionals will work for its R&D department to establish Maruti as a manufacturing hub in the ASEAN reason. According to SY Siddiqui, managing executive officer Administration, HR Finance and IT, the company is also planning to hire 200 professionals in next fiscal to enhance its group of professionals to 1200.
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Maruti Suzuki, India's No. one car manufacturer will not be transferring benefits of lower takes to its customers as company's recently launched new variant of Maruti Swift is not as cheaper as was expected before. On an average company is saving about Rs 40,000 per car because of low tax rates for smaller engine of Maruti Swift. On the other hand company is blaming a cost hike for its decision. Maruti sales accounts for almost 50% cars in India and its small car models like Maruti Alto and Maruti Swift are most sold models in their respective segments. Maruti launched the Maruti Swift 1.2L last month but the expected price cut was not implemented as the base price of the new variant is same as the previous variant of Maruti Swift at Rs 4 lakh.
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Maruti Suzuki, India's largest car manufacturer is expecting to cross the 1 million sales mark by the end of current fiscal year. As the economy is going through a rebounding phase in this fiscal, the company has registered a descent increase in its sales compare to last fiscal year. Though the company is expecting to face tough situation in coming fiscal due to rising raw material prices and an expected withdrawal of stimulus package by the government. According to RC Bhargava, chairman of the company, Maruti Suzuki which sells one of every two cars in India and dominates the compact car segment, would have to look at the tax impact if the government withdraws its stimulus package. "All these are concerns and it is not possible to make a firm accurate forecast of what will happen in the next 15 months," he told Reuters.
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Maruti Suzuki, India's largest car manufacturer is gearing up to introduce its latest compact hatchback Maruti Ritz model to South East Asian markets. Company is already exporting its popular small car, Maruti A-Star in European market and the model is registering very good sales in that market. The first shipment of the Maruti Ritz model containing 500 units of the car is ready for the Indonesian market. According to a statement given by the company official, the Indonesia is a prime destination for the hatchback Maruti Ritz and first shipment of 500 units of Ritz model powered with 1.2 liter petrol engine is ready to for Indonesian market.
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Maruti Suzuki, India’s largest carmaker has exceeded its parent company 'Suzuki Motor Corporation' in terms of overall production in 2009. As per the sources last year Maruti Suzuki has manufactured 9,66,399 units, while its Japanese parent rolled out only 9,08,302 cars. The source also informed that Maruti Suzuki has registered sales of 9,67,581 units in 2009which is higher than the Suzuki's production figure of 9,08,302 units.
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Maruti Suzuki India (MSI), India's top car manufacturer is planning to enhance its manufacturing capacity at company's Manesar plant. The company board could take up a proposal today to increase its capacity to 1.3 million units in two years. Maruti Suzuki India has a 50% market share in Indian automobile market and to maintain this market share company is looking to enhance its manufacturing capacity as some of the company's most popular models like Maruti Swift Dzire registering a record demand backlog.
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From April 2010 the tighter emission norms will come into effect and to follow it Maruti has come up with the latest version of Swift petrol and Swift Dzire petrol with a 1.2-litre engine complying with stricter BS-IV norms. This is the same engine as of Maruti Ritz which is acknowledged by consumers. The new 1.2L engine pumps a power output of 84bhp and produces maximum torque of 11.5kgm which improves transmission and enhances the performance in comparison to the earlier 1.3-liter petrol which produced 87bhp and 11.3kgm of torque.
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Maruti Swift, hot selling hatchback model has achieved success in the market by hitting a high point with sales of 10,900 units during December 2009. Since its launch in May 2005, the December sales are its highest monthly sales. Initially Maruti Swift has faced a tough competition from Hyundai Getz and later on Skoda Fabia, Indica Vista, Punto and i20. Earlier swift’s diesel engine was sorely missed but in January 2007 Maruti introduced Fiat’s 1.3-litre Multijet diesel engine which improved its position in the market and helped to move ahead of its rivals.
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Suzuki motors has planned to take a stake in Volkswagen, an European automaker as Volkswagen was looking for shareholders and is willing to sell its stake to Suzuki. Suzuki and Volkswagen have signed a comprehensive agreement which has cross shareholding as its part. Europe’s top automaker with a 19.9 percent stake of Suzuki has become its biggest shareholder.
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Maruti Suzuki, the country’s largest car maker reported that it has plans to cover new export markets like the Middle East, South America and Australia. HS Brar Company's deputy general manager told reporters that they were exporting cars to the European countries and they would start start exploring new markets such as Africa, South America, the Middle East and Australia to boost their exports. During April and December 2009 Maruti has posted a vigorous 135 per cent growth in exports by shipping 1.05 lakh cars against 45,000 cars exported in the corresponding period last fiscal. Bulk of export constituted Maruti’s A-Star model car to European countries.
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At the Auto Expo 2010 Maruti has launched Eeco an upgraded version of its age-old Omni model. Maruti is hoping that Eeco will very soon witness a good demand in the market. CV Raman, Maruti's chief general manager for engineering research, design and development said that they had seen demand for Eeco growing since its launch from users of Omni and new customers who were looking for a family car with more space and comfort. The customers demand to swap Omni with Eeco was an encouraging sign for them to pitch bookings, he added.
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Maruti Pavilion was set up at the entrance of the Pragati Maiden's Gate No 5. The pavilion in Hall no 14 was the biggest for any auto company. The entrance of the pavilion was designed in such a way that it always seemed closed. But as you go nearer, the way for entry appears. The inside of the pavilion was designed to give it shape of space. The entrance's floor was illuminated with green colour lights. The concept car of Maruti, Maruti R3, was displayed at the center of the pavilion with other new cars and Suzuki bikes. On the other hand, one section of pavilion was dedicated to modified Maruti cars in India. While other section booked for displaying Maruti Eeco Charged and its technology. The company had provided the facility to design your own car virtually at a separate section of the pavilion. Maruti officials were there to explain everything about the new products except price tag. They were denied to disclose or give any idea of pricing of products. Female models were adding to the looks of the vehicles. Sometimes they were also seen giving detailed information about vehicles along with they were standing.
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Maruti Suzuki, India's largest car manufacturer is planning to launch updated variants of its most popular and best-selling car models like Maruti Alto, Maruti Wagon R and Maruti Swift. There are also rumors that these updated models of Maruti will be slightly cheaper compare to the existing models. By launching these updated model the company is gearing up to compete with market majors like Honda, Toyota and Volkswagen that are planning to launch their small cars in India in year 2010.
The Indian arm of Japanese car manufacturer Suzuki Motor which is known worldwide for its small car models is going against the industry trend of launching new updated variants at higher prices. In coming months the competition for Maruti Suzuki India is going to be very tough as number of small cars will be launched in this period in India like Volkswagen Polo, Chevrolet Beat, Ford Figo, Honda New Small car and a small car from Toyota.
To maintain its grip in the Indian Market, India's largest carmaker, Maruti Suzuki has adopted a price cutting strategy for Maruti Eeco. It has priced its Multi Purpose Vehicle Eeco at Rs 1 lakh less than its Versa. Maruti has dominated the Indian automarket for nearly 30 years but the array of cheap models from its rivals is forcing the company down the same path. At the auto expo, Maruti has announced that 5-seater version of Eeco will be priced at 2.59 lakhs (ex-showroom Delhi),and the 7-seater model at Rs 2.75 lakhs(ex-showroom Delhi).
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Maruti Suzuki displayed its Concept Eeco Charge car at the ongoing 10th Auto Expo. Concept Eeco charge is one of the two eco-friendly projects undertaken by MSI under the Government initiated programmes by the Ministry of New and Renewable Energy Source (MNRE) and the National Hybrid Propulsion Programme (NHPP). MSI will display a fleet of Eeco Charge electric and SX4 Hybrid at the forthcoming Commonwealth Games in October 2010 with an intent to showcase electric and hybrid technology at Maruti Suzuki.
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Maruti today has revealed Maruti Eeco, yet another addition to its pavilion at the Auto Expo. The car has been brought in the C segment especially designed for the Indian roads. Maruti Suzuki India MD and CEO Shinzo Nakanishi commented on its launch that they had introduced Maruti Eeco to satisfy the consumers who aspire for spacious and comfortable car. Maruti Eeco has been revealed along with three variants 5 Seater Standard, 5 Seater AC and 7 Seater Standard. Maruti officials have announced its commercial launch by April 2010. The 5 Seater Standard will come with a price tag of Rs 2.59 lakhs while the 5 Seater Ac will be priced at Rs 2.89 lakhs. The 7 Seater Standard will be available for Rs 2.75 lakhs. These prices are ex showroom prices of Delhi.
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CarDekho.com brings to you all live and latest updates right from Pragati Maidan, New Delhi, India-the official venue of Auto Expo 2010!! Maruti Suzuki, India's largest passenger car manufacturer, revealed an exciting Multi Purpose Concept Vehicle (MPV) Maruti RIII, on Tuesday at the 10th Auto Expo. Also, the most-awaited Car from Maruti Suzuki, Maruti Eeco is soon to be launched at this mega event, a platform for all Automobile lovers. Maruti Suzuki with its latest Concept of MPV plans to enter this small segment that's not yet explored by the Company. RIII, the Concept car is a well researched at Maruti Suzuki's Research and Developement Centre. The Car is expected to be a Seven seater vehicle with speculated price range of 4-5 Lakhs, however this is a prototype, with the variants not decided yet, said Company's management Executive Officer I V Rao.
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Hottest wheels, latest drives at Auto Expo. We know it all at Cardekho.com !!
Maruti SX4 and Maruti Hybrid have been unveiled today morning and the media has been finally allowed to take pictures of the wheels after yesterday's frenzy of setting up the pavilions and being kept away from the company's display of its models. Both Maruti SX4 and Maruti Hybrid are imported as a CBU (Completely Built Unit). Maruti SX4 Sedan with a petrol engine has already been a favourite among the users in the country and now Maruti SX4 Hybrid has had plenty of anticipation and excitement from the public. Maruti SX4 hatchback 2.0 L petrol engine car whereas Maruti SX4 Hybrid possesses the size of a Sedan.
Finally the most awaited grand show has begun and we at cardekho is coming with live news!!
Today Maruti unveils its premium sedan model Maruti Kizashi at the 10th Auto Expo. It is a hottest contested model of the biggest show. Maruti Kizashi will be powered by the 2.4L, DOHC, in-line four-cylinder engine with automatic transmission gearbox that can produce 180Bhp of maximum power with 230.35Nm of maximum torque. Maruti Kizashi is well received in the international market.
Maruti Suzuki, the largest auto manufacturer in India, is all set to showcase its new compact car Maruti Eeco at the Auto Expo 2010 in New Delhi. This much-talked about car will be equipped with a 1200cc powertrain which is claimed to be highly fuel efficient. The new car will comply with BS-IV emission norms which are to be come into force from April 2010. The Maruti Eeco will be available in two variants that will be having three-row and two-row seating arrangements and can accommodate five and seven passengers respectively. The innovative engine of the car generates 73 bhp of power at 6,000 rpm while it belts out 101 Nm of peak torque at 3,000 rpm.
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car manufacturer Maruti Suzuki India today announced 50.6 per cent increase in its sales in December last year. Maruti Suzuki India sold 84,804 in December 2009 compared to 56,293 units in December 2008. While at the same time the domestic sales of the company increased by a whooping 36.5 percent at 71,000 compared to 52,029 units in the same period preceding year. Sales of A2 segment models like Maruti Alto, Maruti Wagon R, Maruti Zen, Maruti Swift, Maruti A-Star and Maruti Ritz were increased to 52,236 from 36,831 units in December, preceding year which is an increment of 41.8 percent.
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Maruti Suzuki, the largest auto maker in India, has big plans for Delhi Auto Expo 2010. According to media reports, the company will display around 17 car models including Maruti Eeco at the show. Out of 17 car models display, there would be some new launches for India as well. The cars which are sure to be launched are Maruti SX4 and Suzuki Kizashi. The Suzuki Kizashi, one of the best car model of Maruti's parent company Suzuki, is a flagship model in the D-segment. Kizashi is a term used in Japanese language that means a sign of great things to come. The flagship model of D-segment comes loaded with a 2.4 litre VVT petrol mill along with six-speed manual transmission. The mill of the car belts out a maximum power of 131kw at 6500 rpm. The Indian arm of Japanese firm Suzuki will launch Maruti SX4 at the show as well.
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Maruti Suzuki, India's largest car manufacturer said that it is expecting to close the fiscal year with a growth of 18-20 percent in sales. According to the market analysts the government stimulus packages and easier car finance are the main factors in this double digit growth. According to Mr Shashank Srivastava, chief general manager of marketing, Maruti Suzuki India, the company is expecting that the double digit growth will continue this month though a slowdown in sales may occur in the forth quarter starting from next month. While the global economic slowdown impacted the auto sector at the end of year 2008, the demand picked up again due to stimulus packages announced by the government. The other factors which helped auto sector to revamp includes easier financing, launch of new models and the overall positive consumer sentiment.
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Maruti Suzuki the largest car manufacturer in India is planning to launch an updated model of Maruti Wagon R by March next year. The New Wagon R model will be compatible to the new emission norms named as BS-IV. Currently the Maruti Suzuki India Ltd. has 50% market share in India and to maintain this market share the company is upgrading its old and popular models like Maruti Alto and Maruti Wagon R. The latest models of Maruti Suzuki in India, Maruti Ritz and Maruti A-Star are already coming with new generation K-Series engine which is compatible with the new BS-IV emission norms. The new Wagon R model will also be available with a CNG kit option.
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India's leading car maker's proceed to see double-digit sales growth in month of November. Maruti Suzuki India Limited Jumped 17.1 per cent sales growth in the last month compared to November 2008. The company sold 56,005 units of cars in A2 segment against 34,976 units in the last year. The major sales came from the fast-growing A2 segment Maruti Swift, Maruti Wagon R, Maruti A-Star, Maruti Alto and Maruti Zen Estilo grew more than 60 per cent over November 2008. The company's former brand, the Maruti 800 also grew 32 per cent sales to 3,040 cars. Korean carmaker Hyundai posted 93 per cent sales growth to 28,162 cars in November compared to the same month last year. The company jumped its highest sales data in its operation period of last month. Hyundai, vice-president (Marketing and Sales) Arvind Sexena, said, “The overall economic position has been positive and this has translated in to more steps in the showroom and higher automobile sales as indicated by this month’s figures. We hope that the company will continue to grow on economic track as it will maintain a double digit increase figure which helps the Indian automotive industry.” On the other hand, Tata Motors sales increased 48 per cent to 18,480, while Fiat's grew six times to 1,965 units. Utility vehicle maker, Mahindra and Mahindra, saw sales Jumped double to 15,193 units against the previous year. The company's SUVs major sales came from Mahindra Xylo, Mahindra Bolero, Mahindra Scorpio but Mahindra Logan keep to get muted response. It sold 279 cars in November 2009 compared with 300 cars in the years-ago period.
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Maruti Suzuki told that sales for November stood at 87,807 units, a rise of 84 percent over the like month last year when the company was hit hardest due to a demand slowdown and sold only 47,704 vehicles.
The company also stated that November 2008 was an exceptionally low sales month because of the economic slowdown. This year's November sales were up 17.1 percent from that in November 2007.
The recently launched updated model of Maruti Suzuki India Limited premium sedan SX4 in India which is now available with the new K-series engine option and also with automatic transmission. The largest carmaker in India is now giving all other models a run for their money, including perhaps the Honda City. Although SX4 had displaced Honda City on a temporary basis from its number one position in June 2007. The latest model of SX4 has infused better sales in the market and the automatic transmission option at an affordable price has made Indian car buyers rejoice.
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Maruti Suzuki India's largest car manufacturer is about to achieve capacity of manufacturing 1 million units of cars by the end of the fiscal year 2009-2010. “On the back of high demand for compact cars, both in the domestic as well as overseas market, the company hopes to achieve full production capacity of 1-million units by the end of this fiscal,” said Mr I.V. Rao, managing executive officer, Maruti Suzuki India.
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Country's largest car maker company, Maruti Suzuki has witnessed 16percent of growth in seven months last year and company is planning to end on positive note. export over 1 lakh cars from Gujarat. Maruti Suzuki has increased it production of Maruti Swift Dzire by the four times by the 2000 cars to 8000 cars and expecting 10,000 cars soon.
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On Sunday Gujarat's Chief Minister Narendra Modi invited Maruti Suzuki India Limited (MSIL) to set up a car manufacturing plant in Gujarat. Narendra Modi after inaugurating the AGIDTR set up by the state government and MSIL here, said he wanted to give a business advice to Maruti
.
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Maruti Suzuki India (MSI), the largest auto maker in the country, has announced to launch a new Maruti Van in India by the end of the fiscal. This yet-to-launch van will replace Maruti Versa, an MPV. The production of the Maruti Versa has been stopped recently. The news is confirmed by I V Rao, Managing Executive Officer (Engineering), MSI in a conference held here. But other details like price, variant etc was not disclosed. He further said that the company intends to produce one million units of its vehicle within the current fiscal. As a result, the full installed capacity will be achieved.
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The country's largest carmaker Maruti Suzuki is thinking to locally assemble its sports utility vehicle Maruti Grand Vitara by next year, as it wants to bring an advanced version of the SUV to arrest falling sales. According to further sources, "The company is seriously considering to bring in an advanced version of Vitara into India, mainly to arrest the falling sales of the SUV."
MSI's plans would be dependent on the market response to the advanced version of the SUV to be introduced in 2010. Maruti Grand Vitara is available for Rs 16.67-17.97 lakh (ex-showroom, Delhi) with a 2.4 litre petrol engine in both manual as well as automatic transmission. In the recent months, sales of Maruti Grand Vitara is falling drastically. During April-September period, sales of the SUV fell nearly 70 per cent to just 59 units from 194 units in the year-ago period.
Maruti India,s largest car manufacturer is Planning to launch new versions of its some of the most popular models like Maruti Alto and Maruti Wagon R. The new model will be launched with new generation K-Series engine. Maruti Alto and Wagon R are most popular car models in Small car range. According to news reports the company will soon discontinue Its old F-series engine in Both of the models.
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Maruti will launch its Maruti Kizashi model in India soon. The Maruti Kizashi model is a mid-size sedan model which has already been launched in Japan. It is expected that the Maruti kizashi model will be launched in India in the price range of Rs 10 to 12 lakh. The Maruti kizashi model has been manufactured in the Suzuki Motor's newest assembly plant in Japan.
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Maruti, leading auto manufacturer of the country, has launched a new variant of Maruti SX4 in India. The new variant of SX4 has new VVT engine that is BS IV compliant and automatic transmission. The new VVT mill is meant for more fuel efficient. The price tag of the new vehicle is above Rs 7 lakh (ex-showroom, Delhi). The automatic transmission Maruti SX4 is to compete with Honda City. The new Maruti SX4 comes with modification in interiors only.
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MSI has been preparing itself for the change. Henceforth, Maruti India will launch two of its best selling car models-- Maruti Alto and Maruti Wagon R, with a new generation engine as it prepares to meet April 2010 dead line of stricter emission norm. According to industry sources, the company will discontinue the old F-series engines in both Alto and Maruti Wagon R and replace them with its new K-series engine, which is in sync with Bharat Stage IV.
When contacted a Maruti India (MSI) spokesperson said, "the successful K-series engines will be mounted on more models in a phased manner," without specifying details and timeline for the change in engines. Maruti Alto is MSI's best selling model as it crossed 1 Million mark in domestic market, while Maruti Wagon R also accounted for a good number to its compact car sales. The company's newer models such Maruti A-Star, Maurit Ritz and the new Maruti Zen Estilo are powered by K-series engines, which the company claims are more fuel efficient and have lesser emission.
All new Maruti Omni which will be named as Maruti Eko will be launched during this festive season. The comapny will shortly roll out the model and it will hit the markets before Diwali. Maruti Eko has been developed under code name O2 that uses the Maruti Versa platform. This model would be priced below Rs. 5 lakh.
Coming out with 796cc engine which produces 35bhp with peak torque at 6.1/Kgm, Maruti Eko will be weighing around 750kg. Maruti Omni is one of the most popular vans in India and has helped Maruti to capture a large market share in India.
Indian small-car producers like Maruti and Hyundai Motor have started to shrink as scrappage schemes in various European markets are set to lapse by the year-end. Germany, the biggest market in Europe, and Austria have already said that their scrappage programmes and other countries are all set to wrap up their schemes by December. Maruti had exported over 58,500 units till September 30,2009 with Maruti A-Star accounting for 33,500 units, Nissan Pixo at over 25,000 units and other models contributing about 7,900 units.
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All new face lifted model of Maruti SX4 with automatic transmission will be soon launched on 12 of this month. The new model will feature Bharat IV compliant engine and will have some changes on the exteriors as well as in the interiors. It gets a new front grille but most of the features remain the same on exterior. The interiors will be better but almost same.Its images are not yet available.
The model will be powered by 1.6L petrol engine with better pick up. According to figures from ARAI, the automatic variant will be fuel efficient that is of 12.5kmpl while manual transmission variants delivers mileage of 15.5kmpl. Power and torque ratings of new Maruti SX4 have been improved too and thus it has moved upwards by 2bhp and 2Nm respectively. Maruti had stopped producing Maruti SX4 seemingly confirming the widely held belief that the small car auto giant cannot handle sedan segment.
In order to grab the most of the car market and woo the customers, India's leading car maker, Maruti, is reported to launch new avatar of Maruti Omni christened as Eko. The new Maruti Omni is likely to be introduced before the biggest Indian festival-Diwali. Maruti Versa platform has been used for the new car. The code name is O2 for the new product. The Maruti Omni was developed on Maruti 800, the flagship model of the company in India, but this time it will be a premium product which is expected to be priced below Rs 5 lakh.
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Maruti Suzuki India today reported 17.3% jump in sales for September at 83,306 units already sold. In the domestic market, Maruti sold 71,594 units from 64,682 units in September last year, an increase of 10.7 per cent, Maruti India (MSI) said in a filing to the Bombay Stock Exchange. Company export figures surged by 85.4 per cent to 11,712 units from 6,318 units in the year-ago period, it added.
Sales of the company's M800 declined by 7.5 per cent at 3,207 units compared to 3,467 units in September 2008, while A2 segment (that includes Maruti Alto, Maruti Wagon R, Maruti Zen Estilo, Maruti Swift, Maruti A-Star and Maruti Ritz) witnessed growth of 15.1 per cent at 52,508 units compared to 45,621 units in September last year, the company said.
Car makers in India couldn't wish anything like that what is happening in the car market now. The festive season, interest rates and new car launches made the customers to go for four-wheelers. As a result, many of the established car brands in India are out of stock. Thanks to the huge demand of the cars. The cars which are not available for immediate delivery are Honda City, Maruti Ritz, Maruti Swift Dzire, Hyundai i20 and Toyota Fortuner. The stores are empty from past ten days and the customers would have to wait for a long time as the supply is not adequate due to the low production. The reason is present demand is more than expected or many of the firms start production after the customers response.
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Maruti Suzuki's R&D centre in Gurgaon is about to develop one of the cheapest dual fuel engines. The engine will run on CNG as well as petrol mitigating the cost of fuel bills to one fourth. Multi Point Fuel Injection (MPFI) technology in CNG will be used for developing this dual fuel engine which will increase the efficiency of engine.
Today's CNG kits attached with petrol engines supply fuel only in one direction but this dual fuel engine based on MPFI technology offers various benefits. It is said that CNG fuelled vehicles are not suitable because they are slow and do not perform well on high speeds. But with this incarnation of dual fuel engine, these problems will be eradicated.
As the gas will be injected through multi points and the injectors will be integrated into the engine, it will lead to better utilisation of the fuel and will cut the running cost to almost one forth. It will be economical for the car drivers as it offers better pick up and low consumption of fuel.
Maruti,Passenger car leader of India has stopped manufacturing its most expensive sporty car Maruti SX4, the mid-sized sedan, reinforcing the Maruti can make and market big cars.For that Maruti will also rope in Bollywood star John Abraham as the new brand ambassador that will arrest dropping sales. Maruti will relaunch Maruti SX4 soon again with a new 1.6L engine which will have a much higher pick-up. It will be more expensive than the current top-end Zxi variant.The new Maruti SX4 will have an additional automatic variant, another first for any sedan from Maruti.
Maruti SX4 was launched in May 2007 in three manual variants to counter Honda City but could not compete with Honda’s superior technology and brand image. Maruti SX4 sales are now confined to a few hundred units per month only it was ahead of the Honda City in the first three months of its launch. Honda has sold 37,600 of the new City till August 2009 since its launch (November 2008) while Maruti has sold only 9,763 SX4s in the same period. Despite being cheaper than the Honda City by over a lakh, Maruti SX4 trailed by a huge margin last fiscal too, selling only 13,976 cars against City’s 38,200 cars. Analyst tracking the sector said that by fully loading the new car, Maruti is making another attempt to prove that it can make all kinds of cars. “Maruti Suzuki is a good brand but its Japanese peers Honda and Toyota appeal more to customers when it comes to buying big cars. Maruti SX4 performed better than Maruti’s other big car Baleno and initially even overtook City in sales.
Maruti Suzuki will use Manesar facility for automobile assembly while Gurgaon plant will be a base for engine assembly and machining. Both the changes will be made in a phased manner, according to company’s statement. Nevertheless, it did not disclose the name of the car models. It may be noted that Gurgaon facility manufactures mainly Maruti 800, Maruti Omni, Maruti Versa and Maruti Gypsy. On the other hand, Maruti A-Star, Maruti SX4, Maruti Swift and Maruti Swift DZiRE are produced at Manser plant. The production capacities of both the plants are 6.2 lakh and 3 lakh units a year, respectively.
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Maruti Suzuki India, the country's largest car maker company said it is planning to increase the production capacity at its Manesar facility, and a decision on this is likely to be taken in a day or two. The Manesar facility of the company, which manufactures Maruti A-Star,Maruti SX4, Maruti Swift and Maruti Swift Dzire, has a capacity of 3 lakh units a year and last month crossed 5 lakh units mark in production within 35 months of its commercial operations.
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Maruti Suzuki, the largest car maker to the country, is thinking over to launch a green car in India. The company is also looking in the Indo-Thai trade pact. According to the pact, imported components will be much cheaper from Thailand to India. This encourage the Maruti people to check the option. Mr Shinzo Nakanishi, MD and CEO of Maruti, has confirmed the reports. He said that to keep the price tag of the eco-car low, the company could use the tie-up.
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Maruti has launched its first luxury small car in the Indian market. However, the company has replaced Maruti Zen with Maruti Estilo, a model name taken from Spanish meaning ‘Style’.Maruti has launched Maruti Estilo in the Indian market with the new KB series engine and sleeker looks. The new model is stylish and more attractive than its former versions except for the rear which is all the same.
Maruti Zen was an instant success ever since it was launched in 1993. The company continuously launched refurbished models since then and sold 8.8 lakh units till date. That’s an impressive sales figure amounting to 10 percent of the total sales figure for Maruti which has sold 81 lakh units in India so far. It was the fourth largest selling model for the company but the sales started to see a decline owing to fierce competition cropping up in the segment.
Maruti Suzuki India (MSI) has launched the new version of Maruti Zen Estilo in India on Tuesday. The much-awaited small car, Maruti Estilo, is priced between Rs 3.12 lakh and Rs 3.96 lakh. The new and fuel efficient 1.1 litre petrol K-series engine is used in the new version. The car borrowed a many things from Maruti A-Star and Maruti Ritz. According to Automotive Research Association of India (ARAI), Maruti Estilo will give a mileage of 18.2 kmpl. New Maruti Estilo will be manufactured the company's Gurgaon plant. The Maruti A-Star and the Maruti Ritz are also produced from here.
The company has done a great job to make the Maruti Estilo a most advanced machine in the segment. The new version of Maruti Estilo is possessing refreshed front styling. This incorporates all new headlamps, muscular bumper and a revised grill. The gearbox is completely new and upgraded that was a problem in Maruti Wagon R and old Estilo.
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The New Maruti Zen Estilo will hit the roads on August 25 this year and it will truly be curtains for the 16-year-old brand that was Zen. In a move that will see going off the road of the Maruti Zen, the country's best-loved small car, Maruti Suzuki India Ltd (MSIL) has decided to stop selling cars under the Zen brand next week, when it launches a refurbished 'Maruti Zen Estilo'.
Zen, which was launched way back in 1993, is one of the oldest models on the road today, along with the Ambassador and Maruti 800. The car gained popularity in the ’90s with its class-leading looks, peppy drive and jellybean shape.
“Every car has its own utility and its own branding. Our thrust with the new Estilo is on style, and not calling it a Zen is incidental,” said Mayank Pareek, executive officer, marketing and sales, MSIL. “This is nothing to be emotional about as the Maruti Zen Estilo still has all the characteristics of the Zen. One should not expect the same level of performance or sales from every product as every car is unique on its own,” he added.
Small car marque Maruti Suzuki India (MSI) will give big car makers, such as Honda and Toyota, a tough time when it launches the sports luxury car Maruti Kizashi in India in 2010.
As per an auto industry executive,Maruti Kizashi, Suzuki’s first big car developed in-house will be displayed first time ever in India in the 2010 Auto Expo. The car will be powered by a 2.4-litre Euro IV engine, a six-speed manual transmission will be standard in the car, while the automatic one-based on continuously variable transmission (CVT) technology will be optional and will have paddle shifters mounted on the steering wheel closely similar to those in Honda City and Toyota Corolla Altis. MSI’s parent company, Suzuki Motor Corporation, has already launched this mid-sized sedan in the US.
Maruti experience in the premium-to-luxury cars section in India has been sour as its Baleno sedan model could not excite the market while the flagship sedan Maruti SX4 launched in 2007 lost momentum after the initial pick up. The car in the competing section, Honda City sedan has been holding on to its leadership position for the last ten years though as evident from these figures as Maruti manages to sell only 600-700 Maruti SX4’s in the domestic market against 2,500-3,000 Honda City sold every month.
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Auto majors are planning for new launches in the premium hatchback segment to give much required push to revive the industry because of the economic downturn. The launches were mainly done with the price range of Rs 3.5 lakh to Rs 7.5 lakh.
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In recent years a number of car companies are introducing facelifted and revamped versions of their existed cars. These launches usually come before or after a major car launch to drag attention of car enthusiasts. Now Maruti Suzuki is all set to roll out its New Maruti Zen Estilo. This will be a facelifted edition of the existing car. Besides this, there will be no further change in the design and tech of the car.
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Finding encouragment in the statistics revealing the healthy demand for small cars in Europe, Nissan Motors has decided to nearly double the number of cars that it buys from Maruti Suzuki as part of a contract manufacturing tie-up between the two companies.
Maruti chairman R.C. Bhargava told TOI that against the earlier placed order of 30,000 units for this fiscal, Nissan has now ensured us to buy some 54,000 units. As part of the contract manufacturing arrangement, Nissan buys the Maruti A-Star compact from Maruti and sells it under the Pixo badge overseas.
Maruti Suzuki India (MSI) has achieved another milestone by installing over one lakh of its KB-series engines since October last year. The KB-series engine is Bharat Stage-IV emission norms compliant and the company start using it in Maruti Ritz and Maruti A-Star. Since then it has been fitted in over one lakh cars within 10 months. MSI planned to install it in other existing and new car models. However, there is no official word about it.
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Maruti Suzuki, India's largest car maker, is aiming to cross the million units combined production capacity at its Gurgaon-Manesar plants this financial year. As a result waiting time for new Swift diesel or Dzire and export backlog for A-Star would be made up. At present, three lakh units are being produced at Manesar plant which is to be increased by one lakh. Mayank Pareek, executive officer for sales and marketing at Maruti Suzuki, said that the company is mulling a capital expenditure outlay of Rs 2,100 crore for 2009-10.
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India’s largest car manufacturer, Maruti Suzuki, is booking good profits again. It’s not just sales this time but also lower input costs. Maruti Suzuki, a company that largely depends upon local content, remains unfazed by currency fluctuations or import duty in India.
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Today on 17th July, India's largest passenger car manufacturer and second largest passenger car exporter Maruti launched the CNG kit for its most popular small car model Maruti Alto. Maruti Alto is the highest selling small car in Indian market and Maruti recently launched the new variant of Maruti Alto with the name "Flash". With the launch of CNG kit for Maruti Alto that will be priced at Rs 43,545 (in New Delhi), the company hopes that it will boost up the sales of Maruti Alto.
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India's largest passenger car manufacturer and second largest passenger car exporter Maruti Suzuki India Limited has launched the new Maruti Alto - a limited edition of its most successful small car model Maruti Alto in Pune. The new limited edition of Maruti Alto is called as “Flash” and it is available with new stylish and few enhanced features. The new Maruti Alto is available at the same price at which the existing Maruti Alto is available.
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After giving the required shape to Maruti Suzuki, its ex-chief Jagdish Khattar reshaping his own carrier. Khattar launched Carnation Auto on Wednesday. Khattar, the CMD of the firm, intended to earn Rs 75 crore in its first year with 30 car service centres. Initially the firm has nine centres across India that is to be expanded to 100 by 2011.
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Maruti Suzuki India Ltd registered a 22.63 per cent growth in its sales at 75,109 units in the month of June as against 61,247 units in the same period last year. Similarly, the company reported a 9.51 per cent growth increase at 61,773 units in June as compared to 4, 836 units in the year-ago period. According to a statement by the company, Exports rose by nearly three-fold to 13,336 units compared to 4,836 units in the year-ago period, The company's sales crossed 70,000-units mark for the sixth consecutive month, besides registering highest-ever export for a single month,
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Maruit Suzuki is upgrading its Zen Estilo car model. The company will first replace the existing engine to 1.5L K-series engine. This is due to make all the company's products to be Bharat IV emission norms compliant. Maruit Suzuki India Limited intends to revamp all its models as there are no upcoming models this year anymore. The company has recently launched two models in past few months viz., A-Star and Ritz. Both the models are an addition to Maruit Suzuki’s already strong small car segment portfolio.
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Maruti Suzuki India, once a major player in the domestic SUV segment with its Gypsy, has been trying hard to show its presence in the sports utility vehicle market again but failed so far. So in line to compete with its rivals in the segment, the company is mulling over to re-launch its SUV Grand Vitara with more powerful 2400cc powertrain. Besides a bigger engine, the new Grand Vitara will carry minor changes in body design and interiors. The launch may take place next month but the company didn't want to say anything about it yet. Insiders, though, confirming the news. The SUV will be pitted against General Motors’ Captiva, Hyundai Tucson, Ford Endeavour,
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Maruit intended to launch CNG operated cars in Indian market in next year. It is believed that the 'Alto' will be the first car which will be CNG operated. So in this line the company has put on hold working on LPG car models. It is told that this decision is taken due to increasing customer interest in the CNG fuel technology. Maruit Suzuki India Chairman R C Bhargava said that the company paused manufacturing LPG models and put all efforts to make CNG variants.
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Maruti Suzuki India has bagged the Golden Peacock Eco-Innovation Award. The award is given by the World Environment Foundation for adopting environment friendly technology in its products and processes. Maruti Suzuki was short-listed for the award for two landmark initiatives taken towards reduction in the green house gas emissions throughout the life cycle. First, the company launched K-series engines, that are ready for future emission norms. These engines are highly fuel efficient while being very low on CO2 emission.
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Maruti Suzuki's three models have been dominating the Indian car market so far. These are Alto, Wagon R, Maruti Swift. Overall, six car models constitute about 63 percent market share including Maruti's three models and Tata Indica, Hyundai i10 and Hyundai Santro. These six models together sold nearly 7.6 lakh units in the last calendar year. This is estimated from the last calendar year in which 50 new car models were launched. Sales of Maruti Swift (both sedan and hatchback) performed excellently in the market. On the other hand, there are models which sold in low figures as well – Skoda Fabia, Ford Fusion, Hyundai Sonata and Fiat 500,
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In order to meet its export target Maruit Suzuki India (MSI) is planning to launch its A-Star in African and Latin American nations. The company has made an export target of 1.5 lakh cars, across all models, in the current fiscal, two times that of the year ended March 2009. The A-Star is already marketed in Europe as Nissan Pixo. Maruit Suzuki exports doubled to 15,978 units in the April-May period led by A-Star.
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Maruti Suzuki India's car export in the month of May touched a robust 90.69 per cent while the country's soared 41.64 per cent. Maruti Suzuki posted a growth of 90.69 per cent to 9,012 units in May as against 4,726 units in the same month a year ago. Whereas the gross growth of the export soared 41.64 per cent in May 2009.
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Maruti Suzuki, the largest carmaker in India, is all set to launch its new variant of Alto in Indian market. Maruti uses a tuned down engine from A-Star for the new Alto variant to keep the costs under check and compete with Hyundai Santro and Chevrolet Spark in its segment. The new Alto model will be compliant with BS IV norms in India which become effective from 2010.
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Maruti Suzuki India registered good sales growth in May as compared to the same period of last year. It also surpassed the number of last month of this year. The company posted 8-10 per cent increased growth in the domestic market backed by strong rural demand and buoyant exports. According to Maruti Suzuki executive officer (marketing and sales) Mayank Pareek.
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Maruti Suzuki India, India’s largest car manufacturer that sells nearly every second car, is planning to launch its sedan Kizashi by 2010 in India. This would be placed in luxury car segment as it will be likely to be priced at Rs 10 lakh. However, the plan is still under pipeline, the car is believed to come with aero-dynamic design with front view featuring a completely stylish look. There is a new innovative tapering headlights and classic front design that is unseen so far in Maruti Suzuki small car models in India.
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Dzire and Swift car models were proved to be th hero of Maruti Suzuki India (MSI). Both the car contributed to the major part of the company sales. On the other hand, other models remained dull through the last fiscal. Maruti Suzuki India (MSI) Managing Director and CEO Shinzo Nakanishi said that the company only depended on Dzire and Swift to power the company's growth. Although MSI got good sales number but it was not good and uniform region wise and model-wise.
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Maruti Suzuki India is all set to launch its new multi-purpose vehicle by October 2009. The new MPV is said to be coded as '02'. There is no confirmation from company's side but it is learnt that the design, price etc. is yet to be finalised. However, according to sources the new MPV is being built on Versa platform. After the launch it would be pitted against other MPVs like Toyota Innova, Mahindra Xylo, Chevrolet Tavera and Tata Motors' upcoming 'Indicruz' etc.
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Maruti Suzuki is thinking over to compete with Tata's Nano. It is informed by reliable sources that the company will launch two new variants of Alto. The new Alto will have a stripped down version to take on Tata's compact car Nano and an up market variant which will come loaded with the new KB series engine to compete with Hyundai's Santro, GM’s Spark and other micro cars in the market. In addition to this, Maruti will also roll out Swift's new design and new petrol engine. The Maruti WagonR and the Versa will also have facelifted versions.
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Maruti Suzuki's successful car model SX4 will be rolled out in diesel variants too. The new launch is inspired by the overwhelming response of the popular Swift DZire and Swift. The SX4 was initially launched as a five-door hatchback body style, marketed as the SX4 Crossover. The sedan version marketed as SX4 Sport, debuted at the 2007 New York Auto Show and was released in Japan, India and a few Eastern European markets. Now, the car will have some cosmetic and technical changes. It is expected that the base engine would be the typical 1.5-litre gasoline unit, identical to the one used in the Swift,
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Maruti Suzuki has set the target of exporting over 1.3 lakh cars in this fiscal year. The total export comprised of l lakh A-Star, Maruti 800, Estilo, and the Swift. According to marketing and sales officer Mayank Pareek, the company will shipped 70,000 A-Star models to European countries like Germany, Italy, France and Holland. Around 30,000 units of the same model will be sold to Nissan Motor Co. Both the car will be sold there with a different name like Suzuki Alto and Nissan Pixo,
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Maruti Suzuki India is working hard to upgrade and modify all its models to meet Bharat Stage IV emission norms. The company said that the new K series is more efficient and giving better results. So, the company intends to upgrade and modify the existing engines to K series. Maruti Suzuki India's Managing Executive Officer (Engineering) I V Rao told reporters after launching the new Ritz model that the company wanted to use K series engine for different models to meet the BS IV norms which will come into effect from April 2010. He also made it clear that Maruti800 and Omni is expected to exist in the market after the necessary upgradation.
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Oetiker Group, the switzerland based company, has launched its manufacturing plant at Patalganga near Mumbai. The manufacturer supplies clamps and rings to fasten hoses, pipes and other related parts to auto makers in North, South and West. The company claimed to get orders for parts for newly launched cars like Tata Nano, Maruti Ritz, Fiat Linea. The total investment on the plant is Rs 60 Crore and it had the capacity of 75 million production.
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Maruti Suzuki will sell its A star car models through Nissan Motor Company under the brand name Pixo. Maruti Suzuki intended to sell 30,000 units of the car in the UK. For this purpose the company has inked a deal perhaps for the first time in India. Totally Maruti Suzuki will export 100,000 units this year. A Maruti Suzuki spokesman said that the company will sell 60,000 units by itself in Latin America, Algeria, Australia and some top end African nations. The first shipment of 2000 cars, for the UK
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Maruti Suzuki, Indo-japanese carmker, on Friday launched another hatchback 'Ritz' in five variants, three with petrol engines, LXi, VXi and Zxi, and two with diesel engines-LDi and VDi. The small car's petrol version has been priced at between Rs 390,000 and Rs 480,000. Whereas the diesel variant will cost between Rs 456,000 and Rs 499,000 in the national capital. Ritz, a variant of Suzuki's European car Splash, will be available in India with two different engine options: a new 1.2-litre, four-cylinder 85 PS petrol version, and 1.3-litre, 16-valve DDiS, 75 PS diesel engine. Maruti Suzuki India Managing Director and CEO Shinzo Nakanishi told reporters here that Ritz would be the first Bharat Stage-IV emission norms compliant Indian car.
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Maruti Suzuki is all set to launch its new hatchback Ritz in India on Friday. This car will have several firsts tagged with it like Tata Nano. Ritz will be the first car which would have the engine that is compliant BS-IV emission norms. Moreover, The new hatchback will be available with two different engine K12M 1.2 litre petrol engine and 1.3 litre diesel engine. Modified suitably to comply with the forthcoming BS-IV emission norms and provide even better driveability, the diesel will run even cleaner than before, and Maruti claims it will run 21 kilometres for every litre of diesel. The company's new invention K12M engine,
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Inspired by the success of Tata Motors diesel variants, Maruti Suzuki has prepared to increase its presence in diesel segment. However, Maruti has already launched its model Swift and the Dzire sedan in the diesel variant. Now it is planning to repeat this success in its upcoming model Ritz.
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Maruti Suzuki India (MSIL), India's largest car maker, is going to double the number of its outlets in rural India from 231 to 450 by 2011. This move will increase the company's network from 35% to 50% in rural outlets. The objective is a part of Maruti's mid-term plan to generate sales of 2,50,000 cars annually from rural India which, in turn, will go a long way in helping it meet its target of a million vehicles in the domestic market by 2011-12. It clocked sales of 722,000 units in fiscal that just ended.
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Maruti Suzuki India (MSI) is planning to develop new cars on its own. Until now the company is taking assistance form its parent company. Though, the R&D persons in India were contributed in the development of Dzire, Swift and SX4 but the major job was to be finished in Japan. It is to be mentioned here that India facility is one of the largest outside japan.
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Maruti Suzuki India (MSIL) is reported to recruit around 280 people in its R&D division by the end of March 2010. It is reported that the current strength of employees in R&D division is 720. MSIL`s managing executive officer (Engineering) I V Rao said that the number is expected to increase up to 1,000. Mr Rao added that the company needed some experienced people. It is believed that this move is caused by company's policy to be a global hub for small car development.
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Maruti Suzuki India (MSI) is forced to rethink its decision of phasing out Maruti 800 and Omni. It is informed that the decision has come from the marketing division. Maruti Suzuki Managing Executive Officer I V Rao told that the company's marketing division suggests them to upgrade the Maruti 800 and Omni to meet Bharat Stage 4 emission norms rather than phasing them out in 2010.
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Maruti Suzuki is to enter into D-segment car with its first luxury family car Kizashi vy 2010-end. After the launch of Kizashi, Maruti Suzuki will enter into D-segment cars for the first time. It is to be mentioned here that Maruti Suzuki is a leader in th A, B and C-segment cars in the country. The car will be the first all-wheel drive sedan in the luxury D-segment. However, the price and other related details are not disclosed yet, probably it may have a price tag of around 10 lakh. The Kizashi Concept was first unveiled by Suzuki at the 2007 Frankfurt Auto Show. Industry sources said that the car would be launched from MSIL's state-of-the-art-facility in Manesar
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Maruti Suzuki India (MSI) is thinking over to roll out a 660 cc car in India. It will be on the lines of the Cervo Mode and the Alto of Japan. Commenting on the news Shinzo Nakanishi, managing director of Maruti Suzuki said that before launching the car, the company has to study its feasibility with the K-series engine. On the other hand, for this purpose the company has to increase the capacity of Manesar and Gurgaon assembly lines and at present it is not possible due to the waiting period for models like the Swift and Swift Dzire.
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Market leader Maruti Suzuki India's (MSI) Ritz to hit Indian roads on May 15. This will be the eight new model of the company. The company claimed in a statement that Ritz would be the country's first Bharat Stage IV emission norms compliant car in both petrol and diesel variants. Likewise, the car will be available with two different engine options- K-series 1.2 litre petrol and 1.3 litre diesel engine. The car will be positioned in the premium A2 segment.
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Maruit Suzuki India (MSI), the largest car manufacturer and Second largest car exporter of the country, will set up its first stockyard in south India by the middle of this year. This is in line with
strengthening its distribution network to set up stockyards in different parts of the country to reduce delivery time to customers, while it looks to boost its sales force. However, Maruit Suzuki India Managing Director Shinzo Nakanishi declined to provide details such as time-frame, investments, location and size of the stockyard. Nakanishi said setting up stockyards for both finished products and spare parts at regional level is the priority to reduce the transportation time, cost and mainly delivery time to customers.
Maruti Suzuki India's (MSI) largest car manufacturer and Second largest car exporter, 54.2 per cent owned by Japan's Suzuki Motor Corp, hopes to see a recovery in its profitability in the June quarter. It is to be mentioned here that the company posted a growth of 15% in the month of April 2009 compare to same period of last year. Company sold 71,748 units sold in April as compared to 62,336 units in the same period of last year. This is the fourth consecutive year in which company sales crossed a mark of 70,000.
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Maruti Suzuki India's largest car manufacturer and Second largest car exporter has registered a growth of 15% in the month of April 2009 compare to same period of last year. Company sold 71,748 units sold in April as compared to 62,336 units in the same period of last year. This is the fourth consecutive year in which company sales crossed a mark of 70,000.
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The largest manufacturer fo cars in the country, Maruti Suzuki registered negative profit figures in the fourth quarter ended March, 2009. It posted a dip in its net profit by 18.31 per cent at 243.1 crore. The net profit was 297.6 crore in the same period last year. Maruti Suzuki CFO, Ajay Seth said that they had incurred a loss of Rs 121 crore in fourth quarter due to forex losses on the dollar-rupee contracts. sharp fall in net profit for the March quarter is perhaps the first seen in the last seven years. From April 2008 to March 2009, the company sold 722,144 units of cars in the domestic market. This is only 1.45 per cent growth in numbers against the units sold last year. Maruti exported a record 70,000 cars, a jump of 32 per cent from last year.
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Maruti Suzuki will replace old engines in its popular models Alto, WagonR, Zen Estilo, Versa and Swift by April 2010 when new Bharat Stage IV (BS IV) emissions comes into place. These five cars account for a bulk of Maruti’s 7.22 lakh cars sold in India. For this purpose the company will invest 1,200 crore. “While all our new launches will be on the new engines, in the long term we plan to gradually replace our existing series of engines with the fuel efficient KB series engines,” said Maruti Suzuki India MD & CEO Shinzo Nakanishi. The all-aluminium 1.0 litre engine may replace the current line of F-series engines fitted in the Alto, while the bigger 1.2 litre engine is likely to power the WagonR and Zen Estilo. This new engine may also power the Swift and the Versa in the near future,
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India's to largest car manufacturers Tata Motors and Maruti Suzuki has been listed in the 10 companies which will recruit engineers in the Congress of Society of Auto Engineers (SAE) in Detroit City, America. At this time many auto majors like GM and Ford are struggling with credit crunch and they have cut down their employees in high numbers.
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Maruti Ritz engine launched on April 14, 2009. India's largest car manufacturer revealed its new K12M engine to the world. Maruti Ritz engine is manufactured at the company's Gurgaon based manufacturing plant in a special new engine plant. The new K12M engine is the second of its KB series engine, its smaller sibling, while the K10B was the first which is now been fitted in its ultra compact car Maruti A-Star.
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Maruti Suzuki India's largest car manufacturer will launch its Maruti Ritz model in the Upper end segment of the Compact small cars. The Maruti Ritz model will be launched with a comparatively powerful engine of 1197 cc displacement. According to company statement "The Ritz will be yet another compact car to join the company's A2 offering that includes Alto, Zen Estilo, A-star, Wagon R and Swift. The Maruti Ritz is in advanced stage of preparation for a formal launch shortly.”
Maruti Suzuki will use K12M engine for its Upcoming Maruti Ritz model. Maruti Suzuki unveiledthe engine of this model at the Gurgaon plant of the company. This K12M engine fulfills the BS-IV norms and it is also fuel efficient compare to other vehicles of Maruti Suzuki India.
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Maruti Suzuki India's largest car manufacturer is planning to launch some new Hybrid variants of its famouse models. it is expected that Maruti India will launch Model in different fuel system like CNG. A CNG kit in the market costs around 40,000 rupees and taking this into consideration the company is planning to launch the Different fuel typevarients of the Models which are already available in petrol and diesel engines. It is expected that these models will be launched in a duration of 5 years.
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Maruti Suzuki India (MSI) to introduce diesel engines in its other cars. Diesel variants of Swift and Dzire models was a huge success in the car market. The company officials said, “Diesel cars are becoming very popular as they are more fuel-efficient and cheaper to run. Both our Swift and Dzire diesel variants outstrip the sales of their petrol siblings.
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Maruti Suzuki India (MSI) decided to invest about Rs 2,000 crore, a part of the Rs 9,000 crore earlier earmarked for Indian operations, in capex and research & development activities this FY. The bulk of this amount would be used in expanding the capacity of its new KB-series engine facility at Gurgaon.
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India's largest car manufacturer Maruti Suzuki is planning to phase out its one of the most popular and old models Maruti 800 and Maruti Omni. The Maruti 800 model is still very popular in India but because of its less compatibility with new emission norms which are expected to be applied from the year 2010 the company is planning to phase out this vehicle. According to reports the New emission norms Bharat stage-4 will be applied in 11 cities of India from April 2010 which includes Ahmadabad, Agra, Bangalore,Chennai, Surat, Delhi, Mumbai, Kolkata, Hyderabad, Pune and Kanpur.
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India's largest car manufacturer Maruti Suzuki has claimed that sales of its small car model Maruti Alto has crossed the 23,000 sales figure in the month of March. According to company the Maruti Alto model witnessed a major sale of 23,569 units in the month of March and this is the 11th time the model has crossed the 20,000 mark for a month sale. According to company the sales figure for the same period of the last year was 19,482 units while this year the company witnessed a growth of 20.98 percent in the sales of its Maruti Alto model and crossed the 23 thousand mark.
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After approved by the International Centre of Automotive Technology (ICAT) Maruti Suzuki’s sixth global car Maruti Ritz will be launched in May 2009. The ICAT had cleared Ritz in a whole vehicle test approval ceremony, held recently at the test center’s premises in Manesar, thereby clearing ground for rolling out the car in the Indian market. This car is Maruti’s ninth small car that will consolidate its position in the crowded market. Maruti Ritz will be built on Suzuki’s successful Splash platform and will be priced between Rs 4 lakh and Rs 5 lakh, which is just below the Swift’s price tag.
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Maruti Suzuki has to stop selling its 800 model from the next year in 11 cities due to stricter Bharat Stage IV (BSIV) norms. However, this in no way means that it will discontinue or phase out the models, as these would continue to be sold in other cities and towns where BSIII norms would be applicable.
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Maruti Suzuki India Ltd (MSI) posted a 21.87 % increase to 85,669 vehicles from 70,296 a year earlier, the company said in a statement on Thursday. In the financial year ended March 31, Maruti's sales increased 3.6 per cent to 7,92,167 from 7,64,842 a year earlier. MSI's total passenger-car sales moved northward by 13.58 per cent to 72,461 units against 63,799 units last year.
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Maruti Suzuki’s forthcoming car model ‘Ritz’ has been approved by the international Centre of Automotive Technology (ICAT), Manesar. It has cleared Ritz in a whole vehicle test approval ceremony. With this first clearance, ICAT has started its operations at Manesar in Haryana. A division of National Automotive Testing and R&D Infrastructure Project (NATRiP), ICAT is a notified testing agency and is working towards the development of automobile industry in the country.
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After tie-ups with seven polytechnic institutes, Maruti Suzuki Ltd signed up a MOU with Government Polytechnic, Hyderabad with the the objective of strengthening the discipline of automotive engineering. This will be accomplished by imparting training to the faculty, improving training facilities at the institute, updating course curriculum and providing students on-the-job training. Mr B S Yechury, Deputy General Manger, Maruti Suzuki, and Mr K John Samuel, Principal, Government Polytechnic signed the MOU
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Maruti A-Star which was launched recently by Maruti Suzuki has achieved a surprising mileage of 39.48 km pl in fuel efficiency rally which was organised in Mumbai. The another rally which was organised in Chennai, a contestant manage to achieve a mileage of 37.6 km pl by his Maruti A-Star.
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India's largest car manufacturer Maruti Suzuki has joined hands with Allahabad Bank for financing its passenger vehicles in India. According to Mr K.R. Kamath, the managing director of Allahabad Bank, the bank has signed a memorandum of understanding with Maruti for financing its vehicles in India.
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Maruti Suzuki largest car manufacturer in India is expected to cut down the prices of its famous small car Maruti Alto. The decision is expected to be taken to counter the most awaited car of India Tata Nano. According to news reports the company is planning to slash down price of Maruti Alto will not be slashed as low as price of Tata Nano but there would be a significant decrease in the price of Maruti Alto.
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India's largest car manufacturer Maruti Suzuki has achieved highest sales in the month of February 2009. Company sold 70,625 units of its vehicles in February 2009 which is 19.1% up by same period of last year.
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The highest-ever monthly sales that it achieved in January, car market leader Maruti Suzuki India today said it expects its sales growth for this month to be around 5-7 per cent.
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Leading car manufacturer in India Maruti has sold 3 lakh units of Maruti Swift in India. And company is now setting up a online chain Swift line for its Maruti Swift users. According to company the Maruti Swift is fastest selling model in Maruti's portfoli
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Maruti is planning to launch replacement battery in collaboration with Amara Raja batteries. By this collaboration the users of Maruti cars like Maruti 800, Maruti Alto, Zen Estilo and Wagon R will be benefited the most. Amara Raja Battery is a OEM fitment brand for many maruti models.
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Maruti Suzuki India's largest car manufacturer is all set to start its 7th addition of Maruti Suzuki Desert Storm. The rally is of approximately six days and will travel approximately 2,060 km. The rally will be organized in the interiors of rajasthan and cost of Gujarat.
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Maruti Alto with low emission level coming soon in India and has claimed to be the lowest emitting five door petrol family car in the market.
Alto is Suzuki's fifth global strategic model and is powered by three cylinder 67bhp 1.0-liter GLS variant. This is first European-specified model to be exported in three years from Maruti Suzuki plant in Delhi, India .
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Maruti Suzuki one of the India’s largest car manufacturers may be soon replacing its old popular models like Wagon R, Maruti Versa and Maruti Omni. Wagon R will be replaced with Suzuki’s MR Wagon platform.
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Maruti bucks auto trend as it records tremendous sales figure in India last month. The easier credit led Maruti to record sales in India, its biggest market. However, the sales in Suzuki’s home market of Japan and in the U.S. is going downward, where the global recession drove auto sales in January to the lowest level since 1981.
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Maruti Suzuki is ready to launch its most awaited model Maruti Ritz in India by March-April 2009. Maruti Ritz is a B+ Segment small hatchback car that would be lined up between its recently launched premium hatchback model Maruti A-star and its superhatch Maruti Swift.
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Auto companies moved up in January and generated a hope in auto segment in India. Maruti Suzuki increased sales by 5.6% in January this year. It touched 67,005 units figure. Mahindra & Mahindra introduced new models in the market. Compared to the last year, but sales numbers were less. But company managed to sale 1,788 vehicles last couple of weeks. Xylo perfomed well which was recently launched.
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Maruti has been number one company of the country‘s auto sector. It had made a record in the highest sales ever before. 71,779 units were sold in last year and company was able to book 71,772 cars. Maruti‘s sales graph was seen high with 5.4 percent as compared to the last year. Company sold 67,005 cars in India. Company is making records year by year .These figures revel company’s growth.
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Maruti Suzuki, biggest car maker in India, has reported 5.4% rise in the January vehicle sales with 71,779 units as against 68,107 units during January 2008.
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India's largest auto maker, Maruti Suzuki India hiked prices of its models by Rs. 5,000 - 10,000 which will be effected from 28th January. Maruti Suzuki hiked prices of its model due to increase in input cost and fluctuation in foreign currency which affects imported prices of components.
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Maruti Suzuki is thinking to hire more people in the present financial session. The decision is a advenment to the decision of recruitments been done earlier also them being nearly 745 in the gone financial year of the company.
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Suzuki Motor Corp. was earlier planning to launch larger cars in India in 2010 – especially the much-anticipated sedan car, Kizashi. But Japanese national daily, Nikkei, reported last day that Suzuki Motor Corp. plans to delay launching its sedan based model Kizashi in India. Suzuki is planning to delay the new product launches and deferring capital investment because of worldwide economic recession and the ongoing slump in auto industry.
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All new Maruti passenger cars rolling out from January 01, 2009 onwards will have fuel efficiency mileage display information on them. Maruti will implement this voluntary fuel efficiency disclosure norm from next year. Maruti has already introduced a comprehensive training program for the dealer sales force across the country. Out of the 14,000 dealer sales force, about 9,000 have already been trained for the same.
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The two top compact car makers of India, Maruti and Hyundai has announced special discount offers for Govt. employees so that now they have been able to more than double their sales through their special schemes for Government and public sector employees.
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Maruti Suzuki has maintained its grip over the Indian auto market by topping once again in the annual India Performance Execution and Layout Study (APEAL) which conducted by customer research body JD Power Asia-Pacific.
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India’s largest car manufacturer, Maruti Suzki India Limited, is ready to splash the Indian car market with its latest model, Maruti Ritz in B segment. Maruti plans to launch this new model by early 2009 and is currently trying to find out if any rival company has already registered the name or not. It is expected that the model is likely to be launched by April 2009 with two engine options.
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