Photo: Business Standard
Maruti Suzuki Increases Car Prices Again; Hiked By 1.3%
Maruti Suzuki India announced to increase prices across its model line-up, with immediate effect, from April 18. As per the regulatory filing on the BSE, the prices of Maruti Suzuki models will have an average hike of 1.3% (ex-showroom). Furthermore, the company announced the decision of having an upward revision in prices, across all models due to the rising manufacturing cost for all of the Suzuki models.
Tags: Maruti Suzuki, Price Hike, Bombay stock exchange, India, Models
Courtesy: Car&Bike
Photo: Business Today
Maruti Suzuki Cars Become More Expensive With New Price Hike
India's largest carmaker Maruti Suzuki India (MSI) has announced to increase the prices of its cars, by the end of April. The move has come owing to increased input costs. From January 2021 to March 2022, MSI increased the prices of its cars by up to 8.8%, due to increased input costs. The quantum of the new price hike has not been disclosed yet.
Tags: Maruti Suzuki, MSI, alto, S-Cross, Price Hike
Courtesy: Press Trust Of India
Photo: LiveMint
Maruti Suzuki Hikes Car Prices By Up To 4.3%; Alto, S-Cross Costs More Now
Maruti Suzuki India (MSI), has officially increased the prices of its models by up to 4.3 percent, with immediate effect. The move has reportedly come after the impact the company took due to increased costs in essential commodities, such as steel, aluminium, copper, plastic and other metals. The company sells a wide range of cars from Alto (Rs 3.15 lakh) to S-Cross (Rs 15.5 lakh) for the top model.
Tags: Maruti Suzuki, MSI, alto, Suzuki S-Cross, Essential Commodities
Courtesy: Press Trust Of India
Photo: Our Legal World
CCI Fines Maruti Suzuki Rs 200 Cr For ''Anti Competitive Conduct''
Maruti Suzuki India Limited (MSIL) has been fined Rs 200 crore for getting involved in ''anti-competitive conduct'' by the Competition Commission of India (CCI). The CCI found in its investigation that MSIL forced its dealers not to offer extra discounts beyond the prescribed limit of the company. The company also took the help of Mystery Shopping Agencies (MSAs) to spy on dealers and had a policy of imposing penalties.
Tags: CCI, Maruti Suzuki, penalty, Discounts, Dealers
Courtesy: ANI News
Photo: Autocar
Suzuki Motor Gujarat To Scale Down Production Amid Chip Shortage
Maruti Suzuki India (MSI) has reported that Japan's 100% subsidiary corporation, Suzuki Motors Gujarat (SMG) will cut down on its production for August as the Ahmedabad-based manufacturing plant is subjected to semiconductor chip shortage. "Owing to the semiconductor shortage production will be partially impacted in this month," MSI said. Reportedly, production will be halted tentatively on August 7, 14, and 21 this month.
Tags: semiconductor, Chip Manufacturing, Maruti Suzuki, Automobiles
Courtesy: Business Standard
Photo: PakWheels
Maruti Suzuki Prepones Maintenance Shutdown To Save Oxygen
Maruti Suzuki on April 28 announced that it has preponed the maintenance shutdown to May from June to make medical oxygen available for the patients in need. The company's manufacturing units in Haryana and Gujarat will remain shut from May 1 to 9. Maruti said that although the company uses a small amount of oxygen, they "believe that all available oxygen should be used to save lives."
Tags: Maruti Suzuki, Manufacturing, Oxygen Shortage, Medical oxygen
Courtesy: The Economic Times
Photo: India TV
Maruti Suzuki To Increase Car Prices From April; 2nd Since Jan'21
India's popular carmaker Maruti Suzuki will increase the prices of different car models from April. The move marks the second price increase since last January when the company increased prices for some models. Reportedly, the company has been hit by an increase in various input costs due to which a price increase has been issued. However, Maruti reported a 26% increase in net profit for the December quarter due to increased sales.
Tags: Maruti Suzuki, Cars, Price increase, Indian Automobile Industry
Courtesy: Live Mint
Photo: Autocar
Maruti Suzuki, IIM-B Collab To Provide Incubation Program For Start-Ups
In what could be called a novel initiative, Indian Institute of Management Bangalore (IIM) along with Maruti Suzuki are eyeing to nurture 26 start-ups across mobility sector. Aimed to bring industry-ready solutions to start-up businesses, the initiative will be a nine-month extensive incubation program. In addition, incubation period includes various workshops, networking events and mock-pitches. Besides, mobility sector is set to grow at 90… read-more
Tags: IIM, IIM Bangalore, Maruti Suzuki, Startup, entrepreneur
Courtesy: NDTV
Photo: Indian Autos Blog
Maruti Suzuki Starts Export Of Much Awaited Off-Roader SUV Jimny
Automaker Maruti Suzuki recently exported the first consignment of 184 units of its offroad SUV Jimny to Latin American countries. Manufactured at the Gurugram plant, the three-door Made-in-India version will soon be transported to African and Middle-East markets. Equipped with 1.5L engine, Jimny comes with a 5-speed manual and 4-speed torque converter gear options. However, Maruti Suzuki’s much-awaited five-door version of Jimny is yet to be… read-more
Tags: Maruti Suzuki, Made in India, Jimny, Export, Off-Roader, SUV
Courtesy: Auto Car India
Photo: DNA India
Hero Vehicles To Get Dearer By Up To Rs 1,500 From January 1
Hero MotoCorp has announced to increase the prices of its vehicles by up to Rs 1,500 from January 1, 2021. The increase in the price was attributed to the rising input costs. However, Hero has geared upon its Leap-2 umbrella saving program to lessen the burden on buyers and also protect their margins. Earlier, Maruti Suzuki, Ford and Mahindra had announced to increase the prices of their various models in India.
Tags: Hero MotoCorp, Hike, Two-wheelers, Maruti Suzuki
Courtesy: LiveMint
