NEW DELHI: If anyone can stake claim to putting India on four wheels and producing the people’s car Maruti 800, it is Osamu Suzuki, known for his hard-nosed business acumen as much as his no-nonsense attitude and frugal mindset.Suzuki (senior advisor, Suzuki Motor Corporation and former chairman, Suzuki Motor corp), who died on Dec 25…
Chennai-based Team Detailing Solutions has rewarded its employees with a generous gift -– 28 cars and 29 bikes. This gesture is aimed at boosting employee morale, motivation, and productivity.Started in 2005, Team Detailing Solutions offers structural steel design and detailing services. According to the company’s website, it uses SDS/2, Tekla, AutoCAD, Mathcad, Descon and office…
Car discounts galore! Car manufacturers and dealers are offering substantial discounts, including cash discounts, exchange bonuses, and additional benefits, even on popular models, in an effort to clear a significant inventory buildup caused by slowing sales. According to trade insiders, major automakers like Maruti Suzuki, Hyundai, Tata Motors, Skoda, and Honda are all providing cash…
NEW DELHI: Equity benchmark indices, Sensex and Nifty rose marginally in early trade on Wednesday. Sensex climbed over 100 points to 81,589 from 81,455.40 while Nifty was at 24,900, up by 45 points. Maruti Suzuki, ICICI banks, Adani Ports, NTPC and Tata Steel were the major gainers while Axis Bank, Power Grid, Bajaj Finserv and…
Maruti Suzuki has clarified that recent reports of a massive fire at its Gurgaon plant are incorrect. A bunch of videos has gone viral on social media platforms claiming a massive fire inside the Maruti Suzuki Gurgaon plant. In these videos, the hoarding of the brand can be seen on a gate. However, Maruti Suzuki…
Maruti Suzuki India has set an ambitious target to outperform the domestic automotive industry in the current fiscal year by selling approximately 2 million vehicles, representing an 8.1% increase. This plan was communicated to the company’s suppliers during a two-day vendor meet held in Antalya, Turkey, which commenced on Monday. Maruti’s projected growth surpasses the…
NEW DELHI: Maruti Suzuki on Friday reported its highest quarterly net profit as growing share of SUVs fueled its sales while ease in commodity prices helped margins.Consolidated net profit in Jan-March (Q4 of FY24) soared 48% to Rs 3,878 crore when compared with Rs 2,624 crore in the same period a year ago, the company…
The wait for the much-anticipated 2024 Maruti Suzuki Swift is nearing its end as the manufacturer is gearing up to debut the fourth-gen Swift in India sometime in May. The facelifted avatar of the model has already been launched overseas and features a host of upgrades over the outgoing model. However, it is likely that…
Do you own an SUV? You may want to check again, since the criteria for determining GST rates on Sports Utility Vehicles are very specific. In India, Sports Utility Vehicles or SUVs have gained immense popularity, constituting every second car sold. However, as per the official SUV definition, they represent only about one-tenth of total…
NEW DELHI: Expecting a bumper festival season, car and SUV makers reported an all-time high vehicle dispatch to dealerships on volumes estimated at 3.6 lakh units, surpassing the previous record of 3.5 lakh units achieved in September last year.The record number comes in as production at top car companies such as Maruti Suzuki, Hyundai and…
