December 21, 2022 12:29 am
Speaking at the company's annual media meet on late on Monday, he said that the regulatory burden is the highest on small cars and a uniform tax structure across all segments of vehicles will not augur well for the growth of the sector.
October 29, 2022 1:26 am
This decline in sales even during the next year could be a signal towards delayed economic recovery in the rural and semi-urban areas post the pandemic — divide between urban and rural has widened post the pandemic with many watchers terming the recovery in India as K-shaped.
September 01, 2022 2:16 am
The country’s largest manufacturer of internal combustion engine-powered passenger vehicles (PVs) witnesses a significant contribution to its volumes from relatively affordable models. For instance, the company sold 7,88,000 hatchbacks in FY22 and had a 68.4 per cent share in the segment.
August 31, 2022 2:01 pm
Bhargava also said the company will chart out its strategy for entering the compressed biomethane gas fuel as suggested by Prime Minister Narendra Modi at the company's 40th year celebration at Gandhinagar on Sunday.
August 29, 2022 7:46 am
When Maruti was set up, the life expectancy given to the nascent public sector-run unit that partnered with a Japanese company was rather short, its non-executive Chairman RC Bhargava told this newspaper.
August 28, 2022 12:28 am
Bhargava clarified that the Indian automobile market, which continues to see growth every year, is not inductive for a direct transition to EV.
June 28, 2022 7:06 am
India’s shift to electric vehicles is also much slower than other major markets like China and the US even though Prime Minister Narendra Modi has committed to making the South Asian nation a net-zero carbon emitting one by 2070.
April 30, 2022 9:54 am
“This means that people who were buying lower-end cars are not being able to buy cars. In the two-wheeler segment also, in 2019-20, 2020-21 and 2021-22, in all three years, there has been a double digit decline for two-wheelers,” Maruti Suzuki Chairman RC Bhargava said.
March 25, 2022 1:49 am
Maruti Suzuki chairman RC Bhargava said that the pricing of electric vehicles (EVs) or batteries sold by SMG to MSI will take into account the cost of material, labour, electricity, depreciation of equipment and other consumables, but not include any profits.
August 27, 2020 9:52 am
Addressing shareholders at the company’s 39th annual general meeting, he said: “In the last 5-6 years, many changes have been made by the government in policies, which are making conditions much more conducive to competitive manufacturing.”
July 27, 2015 10:25 am
July 27, 2015 9:55 am

