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Hyderabad: Varun Motors Pvt. Ltd., a leading Maruti Suzuki car dealer, delivered the first car of ‘Tour H3’ in WagonR Segment. The car was delivered to the customer M/s. Aarinstar Enterprise Pvt. Ltd. (a fleet operators strategic partners to Uber) management team Ankit Mehta, Kapil Kotia and Sk. Salluddin at the Begumpet showroom in the […]
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New Delhi: Automobile major Maruti Suzuki’s Board on Thursday appointed Hisashi Takeuchi as the Managing Director and Chief Executive Officer of the company with effect from April 1. The new appointment is consequent to the completion of the incumbent Kenichi Ayukawa’s term on March 31, 2022. Besides, the company said that in order to facilitate […]
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Hyderabad: Kalyani Motors Pvt Ltd, Maruti Suzuki car dealer from the city, unveiled and delivered ‘The all new The Age Baleno’ at their showroom. Sunpreet Singh, DCP, LB Nagar, has unveiled ‘The all new The Age Baleno’ at Nexa showroom in Nagole in the presence of Kalyan Singh Thakur, CGM, Kalyani Motors Pvt Ltd, Limbaji […]
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Mumbai: The Indian stock markets witnessed volatile trading on Monday with the benchmark Sensex trading with a gain of 167 points at around noon after a selling pressure in the morning session. The 30 stock S&P BSE Sensex was trading at 58,000.36 points at around 12.10 pm, which is 167.39 points or 0.29 per cent […]
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Digital platforms were contributing to nearly 40 per cent of the enquiries which has steadily increased for MSIL over the years
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In addition, Vinod Nair, Head of Research at Geojit Financial Services said the upcoming week will be driven by global sentiments.
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The auto major, which has already taken a price increase in April this financial year, noted that the price of steel and various precious metals has gone up.
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Warangal Urban: Chaitanya Deemed to be University (CDU) is standing at the 31st position with regard to placements in entire India. Impressed by the academic standards of Chaitanya, four State-funded American Universities (Alabama, East Michigan, Virginia Commonwealth and Savannah) have entered into an MoU with CDU. In India, the CDU has MoUs with ICCT, Maruti […]
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Sales of mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year.
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The extension would be applicable to the free service and warranty period expiring between March 15, 2021, to May 31, 2021, the company said in a statement.
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The company had sold 632 vehicles during April 2020 and 143,245 units in 2019.
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Elaborating the reasons for the closure, it said, "the Maruti Suzuki business for model 'Gypsy' was discontinued due to demerger of seating business of the company."
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Accordingly, India's automobile market is estimated to grow more than '2.3X' from $222 billion currently to $512 billion by 2026.
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The country's largest carmaker said total sales included domestic sales of 147,483 units, sales to other OEMs 5,500 units and exports of 11,486 units.
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The incubation program will help the startups become large-scale businesses, and also help industry with practical and technology-led solutions.
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According to the automobile manufacturer, the net profit during the quarter under review rose to Rs 1,941.4 crore from Rs 1,564.8 crore during the corresponding period of previous fiscal.
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According to the company, over 2.3 million units of the premium hatchback have been sold in the past 15 years.
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The initiative allows a customer to use a brand-new car without actually owning it, by just paying an all-inclusive monthly fee that comprehensively covers maintenance, roadside assistance and insurance for the complete tenure.
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At the same time, export sales rose by more than 31 per cent to 9,938 units from 7,561 units in December 2019, it said on Friday.
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In order to accommodate the rising commodity prices and input cost, major carmakers have announced a price hike in the range of 3-6 per cent