Strike at Suzuki subsidiary plant called off: Maruti Suzuki

A strike in one of Suzuki’s subsidiary that supplied diesel engines and transmissions to Maruti had called a strike due to which Maruti had to shut down its factory. “However, the strike has been called off,” said Maruti Suzuki’s general manager Kanwaldeep Singh to CNBC-TV18.

Rate hike to further dampen demand: Maruti Suzuki

Maruti Suzuki, which is in an interest sensitive sector, will be adversely impacted by the 12th consecutive rate hike by the RBI, says Ajay Seth, chief financial officer.

Sona Koyo to invest Rs 100cr this fiscal for capex

Sona Koyo Steering Systems, which heavily depends on Maruti for its revenues, has seen a dip in sales. But recent news suggested that the company was looking to invest around Rs 100 crore this year for capacity expansion, which indicates that the company is expecting good demand.

Manesar issue unlikely to hit market share: Maruti Suzuki

Maruti Suzuki's chairman RC Bhargava told CNBC-TV18 that it will not take very long for problems at Manesar to settle down but no final solution is seen at the Manesar unit yet. Bhargava feels that the company's market share is unlikely to get impacted due to the Manesar issue.

Bumpy drive for auto cos; Tatas bet on fuel efficient cars

The automobile space is staring at a downturn. Tata Motors says soaring interest rates and high fuel costs are turning into a deadly double blow for the Indian auto industry. MD-India operations, PM Telang told CNBC-TV18, that smaller commercial vehicles would aid overall volume growth of the company.

Despite rate hike looming, Mah & Mah dismisses any slowdown

Interest rates have gone up significantly and it’s been pinching a lot of the auto companies. However, Chandrasekar K, executive vice president, corporate finance and IR of Mahindra and Mahindra shares that the company is still seeing strong demand and feels it is far away from slowdown.

Exide industries hopeful of a recovery in H2FY12

Paban Kataky, executive director- automotive, tells CNBC-TV18 in an interview that a combination of original equipment manufacturers (OEMs) and a dwindling replacement market hit their earnings this season.

Car sales to grow near festive season, says Maruti Chairman

RC Bhargava, chairman of Maruti Suzuki said that there is a slowdown in the industrial activity and slowdown is also apparent in car sales numbers. However, he feels that the industrial numbers are unlikely to fall further.

No major loss after Maruti's 13 day strike, says Rico Auto

Arvind Kapur, managing director, Rico Auto Industries talks to CNBC-TV18 about the latest happenings in his company and the auto ancillary sector.

Maruti strike: Normalcy may be restored soon, says AITUC

The 13-day long Maruti Suzuki strike at the Manesar plant might be resolved shortly. In an interview with CNBC-TV18, Gurudas Dasgupta Lok Sabha Leader and All India Trade Union Congress (AITUC) General Secretary said that the management has agreed to take back the 11 sacked workers.

Will persuade Maruti workers to work extra hours: AITUC

In an interview on CNBC-TV18, secretary of the All India Trade Union Congress (AITUC), VL Sachdeva said that the Haryana state government was actively working to get the strike issue resolved urgently. He said workers will be persuaded to makeup for the loss by working extra hours.

Honda, Toyota not big players in Indian auto market: Expert

Jagdish Khattar, the CMD of Carnation Auto and Bertrand D'souza, deputy editor of Overdrive, in an interview on CNBC-TV18 spoke about the devastating March quake and tsunami in Japan which is impacting the Indian auto industry.

Maintaining 10% margins tricky but doable, says Maruti

In an interview to CNBC-TV18, Ajay Seth, CFO of the company spoke about the numbers and his outlook.

Japan plant will resume production soon: Maruti Suzuki

The global and domestic car industry has been deeply impacted by the Japan crisis. Reacting on a concern whether the Indian auto plants in Japan are safe or not, RC Bhargava, chairman of Maruti Suzuki told CNBC-TV18's Soniya Shenoy that its Japan plant is safe and will resume production from tomorrow onwards.

Maruti shares rise as chairman says exports not to be impacted

Shares of car manufacturer Maruti Suzuki went up by over 2% in early trade as the company's chairman clarified that exports will not be impacted due to the Japanese crisis.

Does Japan's crisis offer prospect for Indian auto sector?

In an interview with CNBC-TV18, Jagdish Khattar from Carnation Auto spoke about the impact of the Japaneses disaster on the the Indian auto industry, both finished cars as well as auto ancillary market.

Maruti hopes to boost production by 12-14% this year

No increase in excise duty in budget 2011 by the finance minister has Maruti's chairman RC Bhargava, bullish on the entire automotive industry and his company, in particular. He tells CNBC-TV18 that the budget has been received well in his sector, with no negative markings visible.

Tackling commodity prices, forex a challenge: Maruti Suzuki

In an interview with CNBC-TV18’s Swati Khandelwal Jain, Maruti Suzuki’s MD, Shinzo Nakanishi, spoke about the company's outlook for the rest of the year.