Maruti Suzuki

Will India's auto sector ride out storm post-festive season; automakers take cautious approach

The auto sector has been struggling for more than 4 years now due to demonetisation, GST, and a bad economy. Are things finally starting to turn around? Let's find out.

Nov 4, 2020

Maruti Suzuki India posts first quarterly loss since listing

Maruti Suzuki India Ltd reported a quarterly loss for the first time since its listing in 2003, as the coronavirus lockdown and supply chain disruptions sapped demand for the country's biggest automaker.

Jul 29, 2020

Maruti Suzuki employee at Manesar plant tests positive for Covid-19

The employee tested positive on Friday and there was a possibility of a second infection as of Saturday, a company representative said in a statement.

May 24, 2020

Maruti Suzuki records zero sales in April due to coronavirus lockdown

Maruti Suzuki India on Friday, May 1, reported zero monthly domestic sales for the first time ever in April, as the country remained under lockdown to contain the spread of the coronavirus.

May 1, 2020

Maruti Suzuki February 2020 sales drop by 1.1%

The largest carmaker in India Maruti Suzuki India Limited (MSIL) saw a marginal decline in the sales for February 2020. Here's our report.

Mar 2, 2020

CCI reviews anti-trust complaint against Maruti Suzuki for pushing favored insurance plans

The CCI in June last year received an anonymous complaint alleging insurance plans recommended by Maruti while selling cars resulted in customers paying more.

Jan 10, 2020

Former Maruti MD Jagdish Khattar booked for duping PNB of Rs 110 crore

Khattar and his company, Carnation Auto India Ltd allegedly caused a loss of Rs 110 crore to state-run Punjab National Bank (PNB).

Dec 24, 2019

Tata Motors logos are seen at their flagship showroom

Why is Tata Motors not slashing workforce amid major auto slowdown?

After growing in double-digit for the most part of last and till the mid part of the running decade, the Indian Auto sector is struggling to keep up with the sales since last 2 years.

Dec 15, 2019

Maruti U-turn may put India's plan to ease out diesel vehicles on reverse gear

Country's largest carmaker Maruti Suzuki may not want to miss out on the diesel vehicle market share as rivals remain silent on exiting the segment.

Dec 13, 2019

Maruti Suzuki recalls 63,493 units of Ciaz, Ertiga, XL6

In a regulatory filing, the company said: "A possible defect may have occurred in the MGU during manufacturing by an overseas global part supplier."

Dec 7, 2019

Maruti Suzuki vehicle prices to increase from Jan 2020

According to the company, the price increase is necessitated on account of the increase in input cost. Besides, the auto major said the "price increase shall vary for different models".

Dec 3, 2019

Maruti Suzuki achieves landmark 20 million cumulative sales in India

The company accomplished this landmark number in less than 37 years of selling its first car in December 1983.

Dec 1, 2019

Auto slowdown: Is Uber boss taunting Sitharaman with advice to millennials?

Uber CEO Khosrowshahi urges Indians to shun car ownership 'trap' unlike in the developed world and support innovation and new technologies; Sitharaman had suggested auto sector slowdown in part is because of ride-hailing apps like Uber and Ola.

Oct 23, 2019

Ministry of Finance building in New Delhi

GST collection tanks to 19-month low as economy shows no signs of revival

The fall in GST collections in September has been coupled with a significant slowdown in various high-frequency economic indicators.

Oct 2, 2019

Maruti chairman joins Sitharaman in blaming millennials for slowdown in auto sector

Maruti chairman Bhargava thinks Sitharaman's view that millennials' dependence on Uber, Ola may be contributing to auto sector slowdown is correct

Sep 19, 2019

GST panel unlikely to favour tax rate cut for auto sector: Sources

A government study, attached to the agenda of a Sept 20 GST panel meeting, has said the total annual revenue loss could be as much as 500 billion rupees, if the panel decided to lower tax rates for the auto sector to 18% from 28%.

Sep 17, 2019

Automobile sector needs more than the GST band-aid to ward off a meltdown threat

With passenger vehicles sales skidding to worst in two decades and thousands of jobs at stake amid an economic slowdown, the government needs to take substantive measures; deliveries in August fell 41% year on year to 115,957 units.

Sep 10, 2019

Maruti Suzuki sales fall 33% in August

The company sold a total of 1,06,413 units, including exports, last month, compared to 1,58,189 vehicles in August 2018.

Sep 1, 2019

Sale of passenger vehicles falls for ninth straight month as slowdown bites

Amid the ongoing liquidity crunch in the country, the demand for consumer goods has been declining.

Aug 13, 2019

Demand truncation dents workforce in Gurugram-Manesar auto cluster

No authentic data is currently available on the extent of job losses, as most of these have occurred on the auto part suppliers' side.

Aug 11, 2019

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