Maruti Suzuki is set to increase the prices of its car from January. The company said the move is to offset the impact of rising input costs and operational expenses. Country's largest carmaker, Maruti Suzuki, said that it will hike prices of its model range by up to 4 per cent from January.
Maruti Suzuki India on Tuesday said the automaker is geared up to launch its first electric vehicle (EV) with a range of 500 km per charge in January next year.
Maruti Suzuki India sold a total of 1.82 lakh units in August, down nearly 3.9 per cent (year-on-year) from 1.89 lakh units in the same month last year.
R C Bhargava said the company’s first EV would be produced in a few months and would be exported to global markets.
The country's leading carmaker Maruti Suzuki India Ltd on Thursday reported a 9.6 per cent decline in sales for July, at 137,463 units compared to the same month last year even as exports went up during the month.
Maruti Suzuki registered net sales of Rs 33,875.3 crore during the quarter as against Rs 30,845.2 in the same period of FY 2023-24.
Hyundai Motor, South Korea's leading automaker, saw its sales hit a record in India in the first half of this year, according to industry data on Sunday, as it has filed for an initial public offering (IPO) worth Rs 25,000 crore for its India unit.
Maruti Suzuki India on Saturday announced it has invested in Amlgo Labs Private Limited, an Artificial Intelligence and Machine Learning (AI-ML)-led startup.
In a significant development towards meeting the needs of the automobile sector in the country, Maruti Suzuki India will invest Rs 35,000 crore to set up its second manufacturing facility in Gujarat.
The objectives of the policy are to provide a boost to the economy through increased sales, reduce pollution because older vehicles are presumed to emit more toxic fumes and improve the fuel-efficiency of vehicles allowed on the roads.
