SENSEX NIFTY
Aug 16, 2013, 06.08 PM IST | Source: Reuters

Suzuki's China venture recalls cars in China

Changan Suzuki Automobile Co Ltd will recall a total of 365,506 vehicles produced between November 2009 and February 2012, due to possible leakage in oil filler pipes

Suzuki's China venture recalls cars in China

The Chinese venture of Japanese automaker Suzuki Motor Corp will recall 365,506 vehicles in China over possible oil leakage problems, China's quality watchdog said on Friday.

Earlier this month, Jaguar Land Rover, a unit of India's largest automobile company Tata Motors Ltd , and German luxury auto brand BMW both made announcements to recall products in China.

Changan Suzuki Automobile Co Ltd will recall a total of 365,506 vehicles produced between November 2009 and February 2012, due to possible leakage in oil filler pipes, China's General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) said in a statement on its website.

Changan Suzuki confirmed the decision when contacted by telephone.

Tata Motors stock price

On September 19, 2014, Tata Motors closed at Rs 519.00, down Rs 6.6, or 1.26 percent. The 52-week high of the share was Rs 531.00 and the 52-week low was Rs 330.25.


The company's trailing 12-month (TTM) EPS was at Rs 0.08 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 6487.5. The latest book value of the company is Rs 59.58 per share. At current value, the price-to-book value of the company is 8.71.

Set email alert for

ADS BY GOOGLE

video of the day

Retail buyers, MFs are back; midcaps hold promise: Ambit

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.