The Japanese automaker had announced the planned production stoppage of the Swift subcompact, excluding the Swift Sport model, from May 26 through June 6 citing a shortage of components.
Suzuki Motor Company President Toshihiro Suzuki forecasts India to be world's leading auto manufacturer. About 50-60 percent of Suzuki Motor's global sales come from India, which could increase in the future, he says
Suzuki Motor has unveiled the Jimny Sierra 4Sport special edition in Brazil. While the mechanicals of the SUV do not change, cosmetic changes on the exteriors give the 4Sport better offroad chops than the standard
It is the first major EV plan announced by Maruti Suzuki for India in a bid to align itself with a national strategy to reduce oil dependence and cut debilitating air pollution in major cities.
SMIPL currently has a manufacturing plant in Gurugram with an annual capacity of 10 lakh units. The company expects to sell around 8 lakh units in the domestic market and export one lakh units this fiscal, he added.
GM needs to finalize these moves to turn around its money-losing business in India, where its sales fell by more than a fifth last year to just 28,949 vehicles, taking its market share to below 1 percent.
"In India it makes sense for hybrid technology for the smaller car because today globally there is no hybrid technology for small cars or low-cost car and that I think is needs to be developed. We, Maruti and Suzuki, are working on it," Bhargava said.
The parent company of Maruti - Suzuki Motor Corp and Toyota Motor Corp had recently said that it is together exploring to make cars that are safer and cleaner. Earlier this month, the companies had announced research & development (R&D) collaboration.
Country's largest carmaker Maruti Suzuki India (MSI) is looking to launch the premium hatchback Baleno in new markets, including Caribbean Islands and South Africa, in the coming months as part of plans to export the model to over 100 nations.
The entry is late and risky - global carmakers like Volkswagen AG , Ford Motor and General Motors have struggled to push sales in the cost conscious Indian market despite being here for more than a decade. Chinese cars also suffer from perceptions of poor quality in India.
All 16 of the fund managers – from the mutual fund fraternity and insurance – are likely to file an official complaint with Sebi today under Section 12 A, which deals with fraudulent activities by a company.
The second letter has been signed by 16 fund managers from the mutual fund and insurance industry and this letter is much harsher than the first one. In this letter, they have reasoned out why they are opposing it.
Maruti Suzuki chairman RC Bhargava said though some investors are not convinced about the explanation, but not all investors are unhappy with the Gujarat arrangement.
Both indexes hit their highest intraday level since January 29.
Suzuki Motor's North American distributor has filed for bankruptcy, marking the final stage in the Japanese minicar maker's retreat from the US in favour of more receptive markets in Asia.
Many analysts have given a thumbs up to Maruti Suzuki's plans to merge Suzuki Powertrain India, which supplies diesel engines and transmissions, with itself.
Japan's Suzuki Motor Corp said on Friday it had served Volkswagen with a notice of a breach of contract for not allowing it access to technologies promised as part of their partnership agreement.
Germany's Volkswagen had until the end of Friday to retract its accusation that strategic partner Japan's Suzuki Motor breached their contract as a public and bitter spat raged between the two car makers.
Maruti Suzuki, India's largest car maker, will invest nearly USD 1.3 billion to set up a new plant, likely in Gujarat, its chairman told Reuters on Wednesday.
Suzuki Motor will likely locate a planned new USD 1.3 billion passenger car factory in Gujarat, Japan's Kyodo news agency said on Wednesday.
Suzuki Motor is seeking to end its two-year old alliance with Volkswagen after the German carmaker accused it of violating their partnership pact.
Workers of Suzuki Motor Co's Indian subsidiary firms are likely to boycott meals provided by their respective companies in support of their colleagues at Maruti Suzuki's Manesar plant.
The head of Suzuki Motor Corp said on Thursday that the strike that lasted six working days at the Manesar factory of subsidiary Maruti Suzuki India Ltd was negligible, leading to an output loss of just 16,000 vehicles.
Half a world away from the cold streets of Michigan, General Motors is getting ready to roll its first diesel engine out of a recently opened factory in eastern Thailand.