Sales rise for third consecutive month; Tata Motors, M&M witness sluggish demand.
Major carmakers Maruti Suzuki India, Hyundai, Honda and Toyota…
Sales of Maruti’s compact segment comprising Swift, Estilo, Ritz rose 81 pct to 25K units in July.
Maruti’s net sales during Q1, 2014-15 stood at Rs 11,073.51 crore, up 10.78 per cent (y-o-y)
Maruti recently offered Rs. 55,000 exchange bonus and Rs. 30,000 cash discount on the Ertiga.
The benchmark Sensex almost scaled the record 26,000 level but profit-booking in oil&gas, metal and power shares dragged it down to log the first drop in five days even as trading on the BSE was disrupted for three hours due to network outage.
Upswing not visible in GM India & Tata Motors sales.
The decision to hike diesel, petrol and non-subsidised LPG prices was interpreted by investors as the government’s resolve to take tough decisions.
Maruti Suzuki India is well-placed to benefit from an upturn in domestic 4W demand, particularly in entry-level compact cars.
IiAS believes that Maruti shareholders should only be concerned with how Maruti uses its funds…
This is the first time that officials of MSIL held a meeting with state government officials in Gandhinagar after Narendra Modi moved to the Centre.
The company said its domestic sales rose 16.4 per cent during the month to 90,560 units as against 77,821 units in May 2013. Sales of mini segment cars, including M800, Alto, A-Star and WagonR, declined by 7.5 per cent to 29,068 units as compared to 31,427 units in the year-ago month, MSI said in […]
MA Extrusion will be the first company to lay its foundation stone in this industrial estate that will house only Japanese firms.
This group comprises the former COO (administration) SY Siddiqui, COO (supply chain), Sudham Maitra and COO (production) MM Singh, who have now been re-designated as ‘Chief Mentors’.
In FY14, volumes of SX4 fell 40% to 4,029 units, while in FY13, volumes fell sharply by 63% to 6,707 units.