An Ertiga made at its Manesar factory in Haryana is the 2 millionth vehicle to roll out from Maruti Suzuki's stables
In February 2024, Maruti Suzuki’s multi-purpose vehicle Ertiga crossed the 10 lakh sales milestone
With the chip shortage likely to extend into 2023, there is will be no immediate let-up in the waiting period for car buyers
The next-gen Ertiga, powered by a 1.5 litre petrol engine with a smart hybrid technology, will be launched next week.
"The company will inspect 63,493 vehicles of petrol SHVS of Ciaz, Ertiga and XL6 for a possible issue with the Motor Generator Unit (MGU)," MSI said in a statement.
The MPV was spotted most recently under testing without camouflage.
Since the XL6 is based on the Ertiga, it retains certain elements of the MPV.
Suzuki has been trying to develop affordable EVs for India on its own and will head the development of its second EV.
Maruti Suzuki is expected to introduce the engine by 2020
Overall Maruti Suzuki has recorded highest ever monthly sales in July 2017 with 1.65 lakh units marking a 20% growth. The UV segment grew by 48.3% to 25,781 units as compared to 17,382 units in the corresponding month last year.
For passenger vehicles, at 30,43,201, the industry volume exhibited a rather impressive 9% growth, the highest in the past six years. The market leader Maruti’s overall domestic volume growth at 10.7% closely tracked the industry. However, a more segmental analysis suggests that the traditional ‘small car’ did not capture the buyers’ fancy any more – the segment in fact shrank in recent months. The ‘crown jewel’ for the company has been the ‘Compact SUV’ segment featuring Ertiga, S Cross and Brezza that grew by 107%.
The government has withdrawn incentives given to mild hybrid vehicles under FAME India scheme, impacting the country's largest carmaker Maruti Suzuki India the most.
The company has already invested around Rs 1,900 crore on the first phase of development at the R&D centre that houses various facilities, including vehicle testing and evaluation labs.
Suzuki-controlled home-grown carmaker Maruti Suzuki is sprucing up its product development capabilities, aiming to become an end-to-end manufacturer and reducing dependence on its parent company.
Maruti Suzuki, the country's largest car manufacturer, beat analysts' expectations on November sales front due to strong performance in domestic business.
Automobile stocks vroomed in top gear, rising 2-4 percent intraday Monday as festive season demand boosted companies' September sales and that is likely to continue in rest of the financial year 2016-17 as well.
Maruti Suzuki, the country's largest passenger vehicles manufacturer, has registered a 12.2 percent growth in August sales by selling 1.32 lakh units against 1.17 lakh units in same month last year, driven largely by Vitara Brezza, Ciaz and some compact cars.
"The growth in quarterly sales is despite the disruption in production during June 2016, due to the unfortunate incident of fire at Subros, a key vendor of the company," says Maruti in its filing.
Prices of models like Toyota Camry Hybrid and Maruti Suzuki India's mid-sized sedan Ciaz and multi-purpose vehicle Ertiga, which feature micro hybrid technology in diesel variants, have come down in the capital due to VAT reduction by the Delhi government on such vehicles.
A number of things, a richer product mix, lucrative new launches and normalisation of factory operations are some of the factors that are said to have put Maruti Suzuki back on the map.
Eicher Motors maintained its strong sales growth. It has registered a 63 percent year-on-year growth in Royal Enfield sales at 49,156 units, majorly led by models with engine capacity upto 350cc.
New launches like Baleno, SCross, Ertiga significantly boosted volumes. Maruti sold 3.74 lakh vehicles in Q3, a growth of 15.5 percent over a year-ago period.
Honda's Mobilio and Maruti's Ertiga have been rivals in the multi-purpose vehicle space for over a year now. However the Ertiga has managed to maintain an edge over the newer Mobilio, even as the MPV market has been declining. CNBC-TV18's Farah Bookwala finds out what's working for the Ertiga and what the Mobilio can do to control its skid.
According to the data released by Society of Indian Automobile Manufacturers (SIAM), domestic car sales in October this year stood at 1,94,158 units as compared to 1,59,408 units in the same month of 2014.
Factors like low interest rates and cheaper fuel prices have led to a positive sentiment in the market. MSI's focus on launching new products, model refreshes and limited editions of various models have also led to an enhanced interest among the customers.