Prime Minister Narendra Modi has flagged off Maruti Suzuki's first global electric SUV – the e Vitara – from the Hansalpur plant in Gujarat.
This marks a major milestone for India’s electric vehicle journey, as the made-in-India e Vitara will be exported to over 100 countries, including Europe and Japan.

The Hansalpur facility, now a hub for Suzuki’s EV manufacturing, also features a multimodal cargo terminal with direct connectivity to Mundra Port.

Modi flags off 1st made-in-India Maruti E-Vitara EV for global export | EV push from Gujarat

The country's largest automaker, Maruti Suzuki, on Tuesday announced that the Eeco van has completed 15 years and sold over 12.5 lakh units since launch in 2010. The carmaker has highlighted that the van continues to draw sales numbers from large families and business operators, standing as a symbol of comfort and practicality. The vehicle sells for a starting price of INR 5.32 lakh &nbsp;(ex-showroom, Delhi).
<h2>Maruti Eeco Variants</h2>
Maruti Eeco van is offered in the market in 13 different variants, including 5-seater, 7-seater, Cargo, Tour, and Ambulance configurations. The multi-purpose Eeco van comes equipped with the 1.2L Advanced K-Series Dual Jet, Dual VVT engine, accounting for 57% of its sales. The powerful engine delivers peak-power of 59.4 kW (80.9 PS) @6000rpm and max-torque of 104.4 Nm @3000rpm. It promises a mileage of 19.71 kmpl.
Also Read | <a href="https://www.wionews.com/autonews/maruti-suzuki-to-showcase-its-first-all-electric-suv-e-vitara-at-auto-expo-2025-785577">Maruti Suzuki to showcase its first all-electric SUV, e VITARA, at Auto Expo 2025</a>
The van is also offered with the S-CNG technology which contributes to 43% of its overall sales as customers increasingly opt for eco-friendly and budget-friendly options. The CNG variant delivers a mileage of 26.78 km/kg.
<h2>Maruti Eeco Safety</h2>
In terms of safety, the Eeco comes equipped with a range of features such as a driver airbag, ABS with EBD, reverse parking sensors, seat belt reminders for both the driver and co-driver, and a high-speed alert system.
Also Read | <a href="https://www.wionews.com/business-economy/honda-nissan-merger-what-you-need-to-know-786402">Honda-Nissan merger: What you need to know</a>
Commenting on the milestone achievement, Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India Limited, said, "Our Eeco has been a pillar of strength for our customers across the nation. From providing Joy of Mobility, to powering the livelihoods of entrepreneurs, and businesses, the Eeco has earned its place as a trusted companion. Regarded as India&rsquo;s most-loved van, it has proven its mettle not only in urban markets but also in rural regions, which contribute a remarkable 63% to its overall sales." He further thanked the customers of the Eeco for their "trust in (the) brand".
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Autonews | Maruti Suzuki Eeco van is offered in the market in 13 different variants, including 5-seater, 7-seater, Cargo, Tour, and Ambulance configurations.


The country's largest automaker, Maruti Suzuki, on Tuesday announced that the Eeco van has completed 15 years and sold over 12.5 lakh units since launch in 2010. The carmaker has highlighted that the van continues to draw sales numbers from large families and business operators, standing as a symbol of comfort and practicality. The vehicle sells for a starting price of INR 5.32 lakh (ex-showroom, Delhi). Maruti Eeco Variants Maruti Eeco van is offered in the market in 13 different variants, including 5-seater, 7-seater, Cargo, Tour, and Ambulance configurations. The multi-purpose Eeco van comes equipped with the 1.2L Advanced K-Series Dual Jet, Dual VVT engine, accounting for 57% of its sales. The powerful engine delivers peak-power of 59.4 kW (80.9 PS) @6000rpm and max-torque of 104.4 Nm @3000rpm. It promises a mileage of 19.71 kmpl. Also Read | Maruti Suzuki to showcase its first all-electric SUV, e VITARA, at Auto Expo 2025 The van is also offered with the S-CNG technology which contributes to 43% of its overall sales as customers increasingly opt for eco-friendly and budget-friendly options. The CNG variant delivers a mileage of 26.78 km/kg. Maruti Eeco Safety In terms of safety, the Eeco comes equipped with a range of features such as a driver airbag, ABS with EBD, reverse parking sensors, seat belt reminders for both the driver and co-driver, and a high-speed alert system. Also Read | Honda-Nissan merger: What you need to know Commenting on the milestone achievement, Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India Limited, said, "Our Eeco has been a pillar of strength for our customers across the nation. From providing Joy of Mobility, to powering the livelihoods of entrepreneurs, and businesses, the Eeco has earned its place as a trusted companion. Regarded as India’s most-loved van, it has proven its mettle not only in urban markets but also in rural regions, which contribute a remarkable 63% to its overall sales." He further thanked the customers of the Eeco for their "trust in (the) brand".

Maruti Suzuki Eeco turns 15; has over 12.5 lakh customers

Maruti Suzuki India Limited (MSIL) has officially opened bookings for its much-awaited fourth generation Dzire sedan. The updated vehicle will get fresh and modern design with some first-in-class features. It can be pre-booked at any Maruti Suzuki Arena showroom or through the company's official website with an initial booking amount of INR 11,000. The vehicle is slated to be launched on November 11 in its latest iteration.&nbsp;

The all-new Maruti Suzuki Dzire is expected to deliver a blend of style, comfort and advanced technology, and is targeted to appeal to existing and new customers alike. Partho Banerjee, Senior Executive Officer of Marketing &amp; Sales at Maruti Suzuki, highlighted the significance of the Dzire's journey since its launch in 2008. “The Dzire has become India's favorite sedan, earning the trust of over 2.7 million customers," he said. "With the All-New Dzire, we’ve designed a vehicle that not only leads its segment but also exceeds traditional expectations. Its modern aesthetic, enhanced comfort, and advanced technology embody what customers love about the Dzire while aligning with their aspirations for a contemporary sedan. The combination of innovative powertrain options and thoughtfully selected features is set to provide an exceptional driving experience.”

The upcoming fourth generation Dzire is expected to receive the Swift's Z-series engine, a 1.2-litre, 3-cylinder unit delivering 81 hp and 112 Nm of peak torque. It will be paired with both a 5-speed manual and a 5-speed AMT transmission options. At a later stage, the Dzire could also be offered with a CNG option, like the Swift.&nbsp;

The 2024 Maruti Dzire is expected to boast heavily reworked exterior and interior with the grille being more pronounced than before. On the inside, it is expected to get a free-standing, nine-inch touchscreen infotainment system, sunroof and a 360-degree camera as well as leather upholstery on the top-spec version. &nbsp;

 
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Maruti Suzuki India Limited (MSIL) has officially opened bookings for its much-awaited fourth generation Dzire sedan. The updated vehicle will get fresh and modern design with some first-in-class features.

Maruti Suzuki India Limited (MSIL) has officially opened bookings for its much-awaited fourth generation Dzire sedan. The updated vehicle will get fresh and modern design with some first-in-class features. It can be pre-booked at any Maruti Suzuki Arena showroom or through the company's official website with an initial booking amount of INR 11,000. The vehicle is slated to be launched on November 11 in its latest iteration. The all-new Maruti Suzuki Dzire is expected to deliver a blend of style, comfort and advanced technology, and is targeted to appeal to existing and new customers alike. Partho Banerjee, Senior Executive Officer of Marketing & Sales at Maruti Suzuki, highlighted the significance of the Dzire's journey since its launch in 2008. “The Dzire has become India's favorite sedan, earning the trust of over 2.7 million customers," he said. "With the All-New Dzire, we’ve designed a vehicle that not only leads its segment but also exceeds traditional expectations. Its modern aesthetic, enhanced comfort, and advanced technology embody what customers love about the Dzire while aligning with their aspirations for a contemporary sedan. The combination of innovative powertrain options and thoughtfully selected features is set to provide an exceptional driving experience.” The upcoming fourth generation Dzire is expected to receive the Swift's Z-series engine, a 1.2-litre, 3-cylinder unit delivering 81 hp and 112 Nm of peak torque. It will be paired with both a 5-speed manual and a 5-speed AMT transmission options. At a later stage, the Dzire could also be offered with a CNG option, like the Swift. The 2024 Maruti Dzire is expected to boast heavily reworked exterior and interior with the grille being more pronounced than before. On the inside, it is expected to get a free-standing, nine-inch touchscreen infotainment system, sunroof and a 360-degree camera as well as leather upholstery on the top-spec version.

2024 Maruti Suzuki Dzire to launch on November 11; bookings commence

During the first quarter of the current fiscal year, the demand for passenger vehicles (PVs) experienced a degree of suppression, primarily attributed to two significant factors: the prevailing heat wave and the occurrence of elections. These circumstances resulted in a notable reduction in footfall at showrooms, as many potential customers opted to stay away. This insight was shared by Rahul Bharti, who holds the position of Executive Director for Corporate Affairs at Maruti Suzuki, during a statement made on Wednesday.

&nbsp;

Bharti elaborated on the company's strategic response to this challenging market environment. He explained, "In recognition of these obstacles, we intensified our efforts to engage with customers through various channels. We made a strategic decision to increase our discount offerings, thereby enhancing the appeal of our products. As a consequence of these measures, despite the less than favourable market conditions, we were able to achieve retail sales that were nearly equivalent to those of the preceding quarter."

&nbsp;

Furthermore, Bharti noted the presence of a segment of customers who might be deliberately postponing their purchases, potentially waiting for the festive season or what they consider to be more auspicious occasions to make their automotive investments. In light of this observation, he emphasised that the company is "placing a greater emphasis on improving retail sales."

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To put these efforts into perspective, it's worth noting that Maruti Suzuki's average discounts during the April-June 2024 quarter reached INR 21,700 per vehicle. This figure represents a substantial increase of 50 per cent&nbsp;when compared to the January-March 2024 period, during which the average discount stood at INR 14,500 per vehicle.

&nbsp;

Despite the increased discounts and challenging market conditions, Maruti Suzuki reported impressive financial results for the April-June FY25 quarter. The company saw a significant 48 per cent&nbsp;rise in consolidated net profit, reaching INR 3,759 crore. This marks a substantial improvement from the INR 2,542 crore net profit recorded in the corresponding period of the previous fiscal year (April-June FY24). 

&nbsp;

The company's consolidated revenue from operations showed strong growth, increasing to INR 35,876 crore in the June quarter, up from INR 30,847 crore in the same period of the previous year. Bharti attributed this robust financial performance to a combination of factors, including "cost reduction efforts, favourable commodity prices, and foreign exchange rates."

&nbsp;

However, Bharti also pointed out that the benefits derived from favourable commodity prices and foreign exchange rates were partially offset by the higher discounts offered during this period. In terms of sales volume, the company reported domestic sales of 451,308 units during the quarter, representing a 4 per cent&nbsp;increase compared to Q1FY24.

&nbsp;

To stimulate interest in the small car segment, Maruti Suzuki introduced two significant product offerings during the quarter: the new-generation Swift model and the Dream Series Edition, which was made available for three of the company's existing models.

&nbsp;

Looking ahead, Bharti acknowledged that the short-term outlook for the auto industry remains subdued. However, he expressed confidence in Maruti Suzuki's position, stating that the company is "not worried" about these temporary market conditions and will maintain its focus on delivering products that meet market demands.

&nbsp;

On the export front, Maruti Suzuki shipped 70,560 vehicles during Q1, generating export revenue of INR 4,481 crore. The company has observed growth in several international markets, particularly in the Middle East, Latin America, and Africa. Based on current performance, Bharti indicated that the company's target of achieving 300,000 exports for the full fiscal year appears to be within reach. Notably, the Jimny model emerged as Maruti Suzuki's most significant export product during the first quarter.

&nbsp;

This comprehensive overview of Maruti Suzuki's performance and strategies during a challenging market period underscores the company's resilience, adaptability, and commitment to maintaining its market position despite temporary setbacks in consumer demand.

During the first quarter of the current fiscal year, the demand for passenger vehicles (PVs) experienced a degree of suppression, primarily attributed to two significant factors: the prevailing heat wave and the occurrence of elections.

During the first quarter of the current fiscal year, the demand for passenger vehicles (PVs) experienced a degree of suppression, primarily attributed to two significant factors: the prevailing heat wave and the occurrence of elections. These circumstances resulted in a notable reduction in footfall at showrooms, as many potential customers opted to stay away. This insight was shared by Rahul Bharti, who holds the position of Executive Director for Corporate Affairs at Maruti Suzuki, during a statement made on Wednesday. Bharti elaborated on the company's strategic response to this challenging market environment. He explained, "In recognition of these obstacles, we intensified our efforts to engage with customers through various channels. We made a strategic decision to increase our discount offerings, thereby enhancing the appeal of our products. As a consequence of these measures, despite the less than favourable market conditions, we were able to achieve retail sales that were nearly equivalent to those of the preceding quarter." Furthermore, Bharti noted the presence of a segment of customers who might be deliberately postponing their purchases, potentially waiting for the festive season or what they consider to be more auspicious occasions to make their automotive investments. In light of this observation, he emphasised that the company is "placing a greater emphasis on improving retail sales." To put these efforts into perspective, it's worth noting that Maruti Suzuki's average discounts during the April-June 2024 quarter reached INR 21,700 per vehicle. This figure represents a substantial increase of 50 per cent when compared to the January-March 2024 period, during which the average discount stood at INR 14,500 per vehicle. Despite the increased discounts and challenging market conditions, Maruti Suzuki reported impressive financial results for the April-June FY25 quarter. The company saw a significant 48 per cent rise in consolidated net profit, reaching INR 3,759 crore. This marks a substantial improvement from the INR 2,542 crore net profit recorded in the corresponding period of the previous fiscal year (April-June FY24). The company's consolidated revenue from operations showed strong growth, increasing to INR 35,876 crore in the June quarter, up from INR 30,847 crore in the same period of the previous year. Bharti attributed this robust financial performance to a combination of factors, including "cost reduction efforts, favourable commodity prices, and foreign exchange rates." However, Bharti also pointed out that the benefits derived from favourable commodity prices and foreign exchange rates were partially offset by the higher discounts offered during this period. In terms of sales volume, the company reported domestic sales of 451,308 units during the quarter, representing a 4 per cent increase compared to Q1FY24. To stimulate interest in the small car segment, Maruti Suzuki introduced two significant product offerings during the quarter: the new-generation Swift model and the Dream Series Edition, which was made available for three of the company's existing models. Looking ahead, Bharti acknowledged that the short-term outlook for the auto industry remains subdued. However, he expressed confidence in Maruti Suzuki's position, stating that the company is "not worried" about these temporary market conditions and will maintain its focus on delivering products that meet market demands. On the export front, Maruti Suzuki shipped 70,560 vehicles during Q1, generating export revenue of INR 4,481 crore. The company has observed growth in several international markets, particularly in the Middle East, Latin America, and Africa. Based on current performance, Bharti indicated that the company's target of achieving 300,000 exports for the full fiscal year appears to be within reach. Notably, the Jimny model emerged as Maruti Suzuki's most significant export product during the first quarter. This comprehensive overview of Maruti Suzuki's performance and strategies during a challenging market period underscores the company's resilience, adaptability, and commitment to maintaining its market position despite temporary setbacks in consumer demand.

Maruti Suzuki to focus on improving retail sales

The automotive industry is witnessing intense competition among manufacturers, who are offering various incentives and discounts to boost their sales figures and secure positions for their models in the top ten bestsellers list. According to data from the Society of Indian Automobile Manufacturers (SIAM), the passenger vehicle industry experienced a modest growth of 3 per cent&nbsp;in June 2024, with total sales reaching 3.7 lakh units. The top-selling models during this period included the Tata Punch, Maruti Swift, Hyundai Creta, and Maruti Ertiga.

&nbsp;

Tata Punch has reclaimed its position as the top-selling car model, with 18,238 units sold in June 2024. This achievement marks a significant shift from May 2024, when the Maruti Swift held the dominant position. The Tata Punch's consistent presence in the list of best-selling vehicles can be attributed to its competitive pricing, advanced features, and impressive Bharat NCAP 5-star safety rating.

&nbsp;

Maruti Suzuki continues to maintain its stronghold in India's automotive market, which ranks as the third-largest globally. The company secured six spots in the top 10 best-selling car model list for June 2024. The Maruti Swift, despite relinquishing its top position in May, still managed to secure the second spot with 16,422 units sold in June. However, this represents a 16 per cent&nbsp;month-on-month decline, according to data from autopunditz.

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Hyundai's Creta closely followed in third place, with sales of 16,293 units in June, showing a 12 per cent&nbsp;month-on-month growth. This performance demonstrates the ongoing popularity of Hyundai's compact SUV in the Indian market.

&nbsp;

Maruti Suzuki's dominance is further evident as it claimed the next five positions in the top 10 list. The Ertiga secured the fourth spot with sales of 15,902 units, marking a 15 per cent&nbsp;month-on-month increase. The Baleno and the new WagonR occupied the fifth and sixth positions with 14,895 and 13,790 units sold, respectively. The Dzire and Vitara Brezza rounded out Maruti's presence in the list, securing the seventh and eighth positions with sales of 13,421 and 13,172 units, respectively.

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Mahindra managed to break into the top 10 list with its Scorpio model, securing the ninth position despite an 11 per cent&nbsp;month-on-month drop in sales. The Scorpio sold 12,307 units in June, showcasing the enduring appeal of Mahindra's rugged SUV offering.

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Tata Motors claimed the final spot in the top 10 list with its Nexon model, selling 12,066 units in June. This performance underscores Tata's growing presence in the competitive Indian automotive market.

&nbsp;

The sales figures for June 2024 reflect the dynamic nature of the Indian automotive market, with manufacturers constantly vying for consumer attention through a combination of attractive pricing, advanced features, and strategic marketing efforts. The continued dominance of Maruti Suzuki, coupled with strong performances from Tata, Hyundai, and Mahindra, illustrates the competitive landscape of the Indian car market and the diverse preferences of Indian consumers.

&nbsp;

As the industry continues to evolve, factors such as fuel efficiency, safety features, and technological advancements are likely to play increasingly important roles in shaping consumer choices and sales patterns in the coming months.

The automotive industry is witnessing intense competition among manufacturers, who are offering various incentives and discounts to boost their sales figures and secure positions for their models in the top ten bestsellers list.

The automotive industry is witnessing intense competition among manufacturers, who are offering various incentives and discounts to boost their sales figures and secure positions for their models in the top ten bestsellers list. According to data from the Society of Indian Automobile Manufacturers (SIAM), the passenger vehicle industry experienced a modest growth of 3 per cent in June 2024, with total sales reaching 3.7 lakh units. The top-selling models during this period included the Tata Punch, Maruti Swift, Hyundai Creta, and Maruti Ertiga. Tata Punch has reclaimed its position as the top-selling car model, with 18,238 units sold in June 2024. This achievement marks a significant shift from May 2024, when the Maruti Swift held the dominant position. The Tata Punch's consistent presence in the list of best-selling vehicles can be attributed to its competitive pricing, advanced features, and impressive Bharat NCAP 5-star safety rating. Maruti Suzuki continues to maintain its stronghold in India's automotive market, which ranks as the third-largest globally. The company secured six spots in the top 10 best-selling car model list for June 2024. The Maruti Swift, despite relinquishing its top position in May, still managed to secure the second spot with 16,422 units sold in June. However, this represents a 16 per cent month-on-month decline, according to data from autopunditz. Hyundai's Creta closely followed in third place, with sales of 16,293 units in June, showing a 12 per cent month-on-month growth. This performance demonstrates the ongoing popularity of Hyundai's compact SUV in the Indian market. Maruti Suzuki's dominance is further evident as it claimed the next five positions in the top 10 list. The Ertiga secured the fourth spot with sales of 15,902 units, marking a 15 per cent month-on-month increase. The Baleno and the new WagonR occupied the fifth and sixth positions with 14,895 and 13,790 units sold, respectively. The Dzire and Vitara Brezza rounded out Maruti's presence in the list, securing the seventh and eighth positions with sales of 13,421 and 13,172 units, respectively. Mahindra managed to break into the top 10 list with its Scorpio model, securing the ninth position despite an 11 per cent month-on-month drop in sales. The Scorpio sold 12,307 units in June, showcasing the enduring appeal of Mahindra's rugged SUV offering. Tata Motors claimed the final spot in the top 10 list with its Nexon model, selling 12,066 units in June. This performance underscores Tata's growing presence in the competitive Indian automotive market. The sales figures for June 2024 reflect the dynamic nature of the Indian automotive market, with manufacturers constantly vying for consumer attention through a combination of attractive pricing, advanced features, and strategic marketing efforts. The continued dominance of Maruti Suzuki, coupled with strong performances from Tata, Hyundai, and Mahindra, illustrates the competitive landscape of the Indian car market and the diverse preferences of Indian consumers. As the industry continues to evolve, factors such as fuel efficiency, safety features, and technological advancements are likely to play increasingly important roles in shaping consumer choices and sales patterns in the coming months.

Tata Punch surpasses Maruti Swift as top-selling car model in June 2024

Maruti Suzuki has launched the 2024 Swift facelift in India. One of the most popular cars in the country gets an all-new engine, focused on better low-end performance and improved fuel efficiency. The refreshed version also gets some design tweaks and several feature updates, mostly safety and technology-oriented improvements. But does the new Swift offer a better experience than its predecessor? Let's find out.

New Maruti Suzuki Swift review

Indian carmaker Maruti Suzuki has finally teased the much-awaited new, fourth-generation Swift. In the build-up to its launch, which is likely to happen this month, Maruti has also opened bookings for it at ₹11,000.

Indian carmaker Maruti Suzuki has finally teased the much-awaited new, fourth-generation Swift. In the build-up to its launch, which is likely to happen this month, Maruti has also opened bookings for it at ₹11,000. The bookings can be done online or at any Maruti Suzuki Arena dealership. Here’s what you can expect from the fourth-generation model. The new Swift was revealed for the international markets last year. Though it is a generation change, the design changes are evolutionary – the silhouette largely remains the same as the outgoing model. The front gets a significant update; it’s quite rounded this time and of course, the lights and bumpers have also been updated at the front and rear. Since we have not seen the India-spec model yet, there is a good chance that it might get a handful of bespoke changes over the international model. With these changes, the Swift now looks more like a supermini than just a conventional hatchback. Major components inside the cabin, such as the switchgear, infotainment unit, and dashboard will be shared with other Maruti models like the Fronx/Baleno. Again, the changes will not be radically different. The biggest talking point of the new Swift is its powertrain. This time, it will ditch the four-cylinder K12 petrol engine for an all-new 1.2-litre, three-cylinder Z12 naturally-aspirated petrol motor. The new engine is claimed to offer better performance, higher fuel economy and improved NVH levels than the K12 unit. It will be interesting to see if the automatic variants will continue with the current five-speed AMT gearbox or get the more refined and upmarket six-speed torque converter. Also Read: Maruti Suzuki launches First Responder Training Programme with AIIMS Much like any new model, expect the new Swift to arrive with a reasonable price hike. Maruti Suzuki even employed a clever tactic by announcing a price hike for the current Swift to make the new model relatively less expensive. Sharing his thoughts on the announcement, Mr Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited, said, “The Swift has been an iconic brand for Maruti Suzuki, one that has evolved with changing times to redefine customer expectations. Its 29 lakh strong customer base and numerous awards & accolades are a testament to how the iconic Swift has gone from strength to strength. The Epic New Swift stays true to its much-loved sporty DNA while balancing new-age expectations of environment friendliness with low emissions. As always, the next-generation Swift is all set to create new benchmarks in the premium hatchback segment...”

New Maruti Suzuki Swift launch soon, bookings open

Maruti Suzuki India Limited (MSIL) has partnered with the All India Institute of Medical Sciences (AIIMS) and the International Road Federation (IRF) for its latest road safety initiative. The First Responder Training Programme&nbsp;is aimed&nbsp;at training&nbsp;first responders in emergency care needed to assist road accident victims during the golden hour in the event of a road incident. The golden hour in an accident is the critical period immediately following a traumatic injury. Effective medical intervention during this time window can reduce complications, minimise organ damage, and increase the chances of the accident victim’s survival.&nbsp;The programme’s primary target group is commercial drivers.

In the pilot phase, 8,500 participants, primarily commercial drivers, received first aid and trauma care training at MSIL’s Institute of Driving and Traffic Research (IDTR) in Delhi, Haryana, and Bihar.&nbsp;The session was conducted&nbsp;in collaboration with the Jai Prakash Narayan Apex Trauma Center - AIIMS, New Delhi. It equipped the participants with the knowledge and practical skills&nbsp;required&nbsp;to assist road accident victims during the golden hour.&nbsp;The First Responder Training Programme provides training for critical life-saving techniques like cardiopulmonary resuscitation (CPR), controlling bleeding, the correct way of helmet removal,&nbsp;usage of&nbsp;splint &amp; sling, moving victims safely, and&nbsp;how to activate&nbsp;emergency response systems.

Also Read: <a href="https://www.wionews.com/business-economy/maruti-suzuki-tops-passenger-vehicle-exports-amid-21pc-decline-in-automobile-shipments-in-2023-680053">Maruti Suzuki tops passenger vehicle exports amid 21pc decline in automobile shipments in 2023</a>

Sharing his thoughts on trauma care, Dr Amit Gupta, Professor of Trauma Surgery and Critical Care at Jai Prakash Narayan Apex Trauma Center - AIIMS, New Delhi, said, “In the absence of robust trauma care systems, there is an urgent need to train bystanders in basic trauma and first aid. As trauma is time-sensitive, the training of bystanders, who are the real first responders to any road accident, can go a long way in reducing the mortality and morbidity following road traffic crashes. Usually, this group of bystanders includes drivers of commercial vehicles. To standardise first-aid modules and training, the WHO, along with the experts from AIIMS and other major institutions of the country, have devised a first-aid course for the bystanders. We used these modules for training at the Maruti Suzuki IDTRs, and it got a lot of positive feedback from the stakeholders.”

To this, Rahul Bharti, Executive Officer, Corporate Affairs, Maruti Suzuki India Limited, added, “According to the Ministry of Road Transport and Highways of India’s (MoRTH) Road Accidents in India 2022 report, Vulnerable Road Users (VRUs) or Pedestrians, Bicyclists and Two-Wheeler riders constituted 66.9% of road accident fatalities during the year. Our customised programme provides practical, hands-on&nbsp;life-saving&nbsp;interventions to enable drivers to handle trauma and injuries.&nbsp;It could&nbsp;prove to be effective in reducing&nbsp;road accident fatalities, particularly of VRUs under the Good Samaritan Law.”

Maruti Suzuki India Limited (MSIL) has partnered with the All India Institute of Medical Sciences (AIIMS) and the International Road Federation (IRF) for its latest road safety initiative.

Maruti Suzuki India Limited (MSIL) has partnered with the All India Institute of Medical Sciences (AIIMS) and the International Road Federation (IRF) for its latest road safety initiative. The First Responder Training Programme is aimed at training first responders in emergency care needed to assist road accident victims during the golden hour in the event of a road incident. The golden hour in an accident is the critical period immediately following a traumatic injury. Effective medical intervention during this time window can reduce complications, minimise organ damage, and increase the chances of the accident victim’s survival. The programme’s primary target group is commercial drivers. In the pilot phase, 8,500 participants, primarily commercial drivers, received first aid and trauma care training at MSIL’s Institute of Driving and Traffic Research (IDTR) in Delhi, Haryana, and Bihar. The session was conducted in collaboration with the Jai Prakash Narayan Apex Trauma Center - AIIMS, New Delhi. It equipped the participants with the knowledge and practical skills required to assist road accident victims during the golden hour. The First Responder Training Programme provides training for critical life-saving techniques like cardiopulmonary resuscitation (CPR), controlling bleeding, the correct way of helmet removal, usage of splint & sling, moving victims safely, and how to activate emergency response systems. Also Read: Maruti Suzuki tops passenger vehicle exports amid 21pc decline in automobile shipments in 2023 Sharing his thoughts on trauma care, Dr Amit Gupta, Professor of Trauma Surgery and Critical Care at Jai Prakash Narayan Apex Trauma Center - AIIMS, New Delhi, said, “In the absence of robust trauma care systems, there is an urgent need to train bystanders in basic trauma and first aid. As trauma is time-sensitive, the training of bystanders, who are the real first responders to any road accident, can go a long way in reducing the mortality and morbidity following road traffic crashes. Usually, this group of bystanders includes drivers of commercial vehicles. To standardise first-aid modules and training, the WHO, along with the experts from AIIMS and other major institutions of the country, have devised a first-aid course for the bystanders. We used these modules for training at the Maruti Suzuki IDTRs, and it got a lot of positive feedback from the stakeholders.” To this, Rahul Bharti, Executive Officer, Corporate Affairs, Maruti Suzuki India Limited, added, “According to the Ministry of Road Transport and Highways of India’s (MoRTH) Road Accidents in India 2022 report, Vulnerable Road Users (VRUs) or Pedestrians, Bicyclists and Two-Wheeler riders constituted 66.9% of road accident fatalities during the year. Our customised programme provides practical, hands-on life-saving interventions to enable drivers to handle trauma and injuries. It could prove to be effective in reducing road accident fatalities, particularly of VRUs under the Good Samaritan Law.”

Maruti Suzuki launches First Responder Training Programme with AIIMS

Maruti Suzuki India Limited (MSIL) has partnered with the All India Institute of Medical Sciences (AIIMS) and the International Road Federation (IRF) for its latest road safety initiative. The First Responder Training Programme&nbsp;is aimed&nbsp;at training&nbsp;first responders in emergency care needed to assist road accident victims during the golden hour in the event of a road incident. The golden hour in an accident is the critical period immediately following a traumatic injury. Effective medical intervention during this time window can reduce complications, minimise organ damage, and increase the chances of the accident victim’s survival.&nbsp;The programme’s primary target group is commercial drivers.

In the pilot phase, 8,500 participants, primarily commercial drivers, received first aid and trauma care training at MSIL’s Institute of Driving and Traffic Research (IDTR) in Delhi, Haryana, and Bihar.&nbsp;The session was conducted&nbsp;in collaboration with the Jai Prakash Narayan Apex Trauma Center - AIIMS, New Delhi. It equipped the participants with the knowledge and practical skills&nbsp;required&nbsp;to assist road accident victims during the golden hour.&nbsp;The First Responder Training Programme provides training for critical life-saving techniques like cardiopulmonary resuscitation (CPR), controlling bleeding, the correct way of helmet removal,&nbsp;usage of&nbsp;splint &amp; sling, moving victims safely, and&nbsp;how to activate&nbsp;emergency response systems.

Sharing his thoughts on trauma care, Dr Amit Gupta, Professor of Trauma Surgery and Critical Care at Jai Prakash Narayan Apex Trauma Center - AIIMS, New Delhi, said, “In the absence of robust trauma care systems, there is an urgent need to train bystanders in basic trauma and first aid. As trauma is time-sensitive, the training of bystanders, who are the real first responders to any road accident, can go a long way in reducing the mortality and morbidity following road traffic crashes. Usually, this group of bystanders includes drivers of commercial vehicles. To standardise first-aid modules and training, the WHO, along with the experts from AIIMS and other major institutions of the country, have devised a first-aid course for the bystanders. We used these modules for training at the Maruti Suzuki IDTRs, and it got a lot of positive feedback from the stakeholders.”

To this, Rahul Bharti, Executive Officer, Corporate Affairs, Maruti Suzuki India Limited, added, “According to the Ministry of Road Transport and Highways of India’s (MoRTH) Road Accidents in India 2022 report, Vulnerable Road Users (VRUs) or Pedestrians, Bicyclists and Two-Wheeler riders constituted 66.9% of road accident fatalities during the year. Our customised programme provides practical, hands-on&nbsp;life-saving&nbsp;interventions to enable drivers to handle trauma and injuries.&nbsp;It could&nbsp;prove to be effective in reducing&nbsp;road accident fatalities, particularly of VRUs under the Good Samaritan Law.”

Maruti Suzuki India Limited (MSIL) has partnered with the All India Institute of Medical Sciences (AIIMS) and the International Road Federation (IRF) for its latest road safety initiative. The First Responder Training Programme is aimed at training first responders in emergency care needed to assist road accident victims during the golden hour in the event of a road incident. The golden hour in an accident is the critical period immediately following a traumatic injury. Effective medical intervention during this time window can reduce complications, minimise organ damage, and increase the chances of the accident victim’s survival. The programme’s primary target group is commercial drivers. In the pilot phase, 8,500 participants, primarily commercial drivers, received first aid and trauma care training at MSIL’s Institute of Driving and Traffic Research (IDTR) in Delhi, Haryana, and Bihar. The session was conducted in collaboration with the Jai Prakash Narayan Apex Trauma Center - AIIMS, New Delhi. It equipped the participants with the knowledge and practical skills required to assist road accident victims during the golden hour. The First Responder Training Programme provides training for critical life-saving techniques like cardiopulmonary resuscitation (CPR), controlling bleeding, the correct way of helmet removal, usage of splint & sling, moving victims safely, and how to activate emergency response systems. Sharing his thoughts on trauma care, Dr Amit Gupta, Professor of Trauma Surgery and Critical Care at Jai Prakash Narayan Apex Trauma Center - AIIMS, New Delhi, said, “In the absence of robust trauma care systems, there is an urgent need to train bystanders in basic trauma and first aid. As trauma is time-sensitive, the training of bystanders, who are the real first responders to any road accident, can go a long way in reducing the mortality and morbidity following road traffic crashes. Usually, this group of bystanders includes drivers of commercial vehicles. To standardise first-aid modules and training, the WHO, along with the experts from AIIMS and other major institutions of the country, have devised a first-aid course for the bystanders. We used these modules for training at the Maruti Suzuki IDTRs, and it got a lot of positive feedback from the stakeholders.” To this, Rahul Bharti, Executive Officer, Corporate Affairs, Maruti Suzuki India Limited, added, “According to the Ministry of Road Transport and Highways of India’s (MoRTH) Road Accidents in India 2022 report, Vulnerable Road Users (VRUs) or Pedestrians, Bicyclists and Two-Wheeler riders constituted 66.9% of road accident fatalities during the year. Our customised programme provides practical, hands-on life-saving interventions to enable drivers to handle trauma and injuries. It could prove to be effective in reducing road accident fatalities, particularly of VRUs under the Good Samaritan Law.”

Maruti Suzuki launches First Responder Training Programme in asssociation with AIIMS

Maruti Suzuki India faces logistical challenges and traffic disruption in the Red Sea, resulting in uncertainty in vessel dispatches and delays in picking up consignments. Watch to know more.

Maruti Suzuki navigates Red Sea turmoil

The latest data from the Society of Indian Automobile Manufacturers (SIAM) reveals a 21 per cent decline in automobile exports in 2023, with a total of 4,285,809 units shipped compared to 52,04,966 units in the previous year. <o:p></o:p>

This is based on an article published by PTI.<o:p></o:p>

The setback is attributed to ongoing monetary and geopolitical crises in various overseas markets.<o:p></o:p>

Passenger vehicle exports, however, defied the overall trend, registering a 5 per cent increase with 677,956 units shipped in 2023 compared to 644,842 units in 2022. <o:p></o:p>

Maruti Suzuki emerged as a key player in this segment, leading the passenger vehicle shipments. <o:p></o:p>

SIAM Director General Rajesh Menon highlighted, "In 2023, passenger vehicle exports were driven by vehicle launches and pent-up demand in markets like South Africa and the Gulf region."<o:p></o:p>

While passenger vehicles showed resilience, other segments faced significant declines. <o:p></o:p>

Two-wheeler exports witnessed a substantial drop of 20 per cent, recording 3243,673 units in 2023 compared to 4,053,254 units the previous year. <o:p></o:p>

Commercial vehicle shipments followed suit, decreasing to 68,473 units from 88,305 units. <o:p></o:p>

Three-wheelers experienced the most significant decline, with exports plummeting by 30 per cent to 291,919 units in 2023 from 417,178 units in 2022.<o:p></o:p>

Industry experts attribute the challenges in two-wheelers, commercial vehicles, and three-wheelers to the persisting economic uncertainties and geopolitical issues in key export markets. <o:p></o:p>

The impact on these segments underscores the need for strategic measures and market diversification for sustained growth in the face of external pressures.<o:p></o:p>

(Inputs from PTI)<o:p></o:p>

The latest data from the Society of Indian Automobile Manufacturers (SIAM) reveals a 21 per cent decline in automobile exports in 2023, with a total of 4,285,809 units shipped compared to 52,04,966 units in the previous year.

The latest data from the Society of Indian Automobile Manufacturers (SIAM) reveals a 21 per cent decline in automobile exports in 2023, with a total of 4,285,809 units shipped compared to 52,04,966 units in the previous year. This is based on an article published by PTI. The setback is attributed to ongoing monetary and geopolitical crises in various overseas markets. Passenger vehicle exports, however, defied the overall trend, registering a 5 per cent increase with 677,956 units shipped in 2023 compared to 644,842 units in 2022. Maruti Suzuki emerged as a key player in this segment, leading the passenger vehicle shipments. SIAM Director General Rajesh Menon highlighted, "In 2023, passenger vehicle exports were driven by vehicle launches and pent-up demand in markets like South Africa and the Gulf region." While passenger vehicles showed resilience, other segments faced significant declines. Two-wheeler exports witnessed a substantial drop of 20 per cent, recording 3243,673 units in 2023 compared to 4,053,254 units the previous year. Commercial vehicle shipments followed suit, decreasing to 68,473 units from 88,305 units. Three-wheelers experienced the most significant decline, with exports plummeting by 30 per cent to 291,919 units in 2023 from 417,178 units in 2022. Industry experts attribute the challenges in two-wheelers, commercial vehicles, and three-wheelers to the persisting economic uncertainties and geopolitical issues in key export markets. The impact on these segments underscores the need for strategic measures and market diversification for sustained growth in the face of external pressures. (Inputs from PTI)

Maruti Suzuki tops passenger vehicle exports amid 21pc decline in automobile shipments in 2023

The Maruti Invicto, launched at INR 2.48 million, is the newest offering from the Toyota-Suzuki collaboration in India. As you might have guessed, it is simply a rebadged version of the Toyota Innova HyCross. Or is it? Though the Invicto features the same platform, powertrain, and design as the Innova HyCross, there are a couple of differences when it comes to both model line-ups. We drive the Invicto to see if these changes make it any better or worse than its Toyota sibling.

Maruti Suzuki Invicto Drive Review: Cut-Price Toyota or Full-Spec Maruti?

First month of new financial year has been a mixed bag for automakers. In India- Hyundai, Maruti Suzuki their sales were down, their cumulative sales dropped by around five percent year on year during April.

Chip shortage continues to dent auto sales; Hyundai, Maruti witness decline

The global economy is facing its worst downturn since the great depression. Over 3.8 million people lost their jobs in U.S. last week. Meanwhile India's largest car-maker Maruti sold zero cars in April.

Coronavirus: The Global economy is bleeding | Gravitas

India's largest carmaker company Maruti Suzuki India on Friday reported zero sales of cars for the first time in April, as the entire nation remained under strict lockdown to contain the spread of the deadly coronavirus.

Maruti Suzuki records zero sales in April for first time in history

Market benchmark Sensex surrendered early gains to end 208 points lower on Wednesday as energy, power, auto and financial stocks came under selling pressure.

After plunging 473 points from the day's high in a choppy session, the 30-share BSE index settled 208.43 points, or 0.50 per cent, lower at 41,115.38. It hit an intra-day high of 41,532.29 and a low of 41,059.04.

Likewise, the broader NSE Nifty closed 62.95 points, or 0.52 per cent, down at 12,106.90.

ONGC was the top loser in the Sensex pack, tumbling 5.13 per cent, followed by NTPC, Maruti, Kotak Bank, HDFC, Asian Paints, ICICI Bank and Axis Bank.

On the other hand, Nestle India, TCS, Infosys, HCL Tech, SBI and Bharti Airtel ended with gains of up to 1.86 per cent.

According to experts, major stocks are in the process of correcting to their support levels ahead of the Union Budget.

Further, global agencies slashing India's growth outlook and a tepid start to the earnings season are also weighing on domestic investor sentiment, they added.

Elsewhere in Asia, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended with gains.

European markets were also trading on a positive note in their early sessions.

Brent crude oil futures fell 0.67 per cent to USD 64.16 per barrel.

The rupee was trading flat at 71.22 per US dollar (intra-day).

Market benchmark Sensex surrendered early gains to end 208 points lower on Wednesday as energy, power, auto and financial stocks came under selling pressure. After plunging 473 points from the day's high in a choppy session, the 30-share BSE index settled 208.

Market benchmark Sensex surrendered early gains to end 208 points lower on Wednesday as energy, power, auto and financial stocks came under selling pressure. After plunging 473 points from the day's high in a choppy session, the 30-share BSE index settled 208.43 points, or 0.50 per cent, lower at 41,115.38. It hit an intra-day high of 41,532.29 and a low of 41,059.04. Likewise, the broader NSE Nifty closed 62.95 points, or 0.52 per cent, down at 12,106.90. ONGC was the top loser in the Sensex pack, tumbling 5.13 per cent, followed by NTPC, Maruti, Kotak Bank, HDFC, Asian Paints, ICICI Bank and Axis Bank. On the other hand, Nestle India, TCS, Infosys, HCL Tech, SBI and Bharti Airtel ended with gains of up to 1.86 per cent. According to experts, major stocks are in the process of correcting to their support levels ahead of the Union Budget. Further, global agencies slashing India's growth outlook and a tepid start to the earnings season are also weighing on domestic investor sentiment, they added. Elsewhere in Asia, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended with gains. European markets were also trading on a positive note in their early sessions. Brent crude oil futures fell 0.67 per cent to USD 64.16 per barrel. The rupee was trading flat at 71.22 per US dollar (intra-day).

Sensex sheds 208 points; ONGC tanks 5%

The auto market continues to be in grip of a slowdown. The auto sales have continued to be under pressure in November, sliding slightly.

After having reduced output for nine straight months due to lower demand, India's largest carmaker Maruti Suzuki has raised production in November by 4.3 per cent, the first in nine months.

Maruti Suzuki produced a total of 1,41,834 units in November as against 1,35,946 units in the year-ago month, it said in a filing to the exchanges.

Domestic automobile sales have been on a precipitous decline since the September quarter of 2018-19 due to an overall slowdown in consumption and liquidity crisis at financial institutions after the collapse of infrastructure leasing and financial services ltd.

Maruti’s wholesales from April to October 2019 fell 20.4 per cent&nbsp;to 958,373 vehicles. The increase in vehicle production in November follows a 4.5 per cent&nbsp;year-on-year growth in wholesales&nbsp;or industry dispatches&nbsp;of Maruti in October to 144,277 units.

This was the first increase in seven months for the company thanks to a high level of discounts across most of its product range.&nbsp; In November, however, Maruti's wholesales declined 3.2 per cent&nbsp;year-on-year to 141,400 units.

The auto market continues to be in grip of a slowdown. The auto sales have continued to be under pressure in November, sliding slightly. After having reduced output for nine straight months due to lower demand, India's largest carmaker Maruti Suzuki has raised production in November by 4.

The auto market continues to be in grip of a slowdown. The auto sales have continued to be under pressure in November, sliding slightly. After having reduced output for nine straight months due to lower demand, India's largest carmaker Maruti Suzuki has raised production in November by 4.3 per cent, the first in nine months. Maruti Suzuki produced a total of 1,41,834 units in November as against 1,35,946 units in the year-ago month, it said in a filing to the exchanges. Domestic automobile sales have been on a precipitous decline since the September quarter of 2018-19 due to an overall slowdown in consumption and liquidity crisis at financial institutions after the collapse of infrastructure leasing and financial services ltd. Maruti’s wholesales from April to October 2019 fell 20.4 per cent to 958,373 vehicles. The increase in vehicle production in November follows a 4.5 per cent year-on-year growth in wholesales or industry dispatches of Maruti in October to 144,277 units. This was the first increase in seven months for the company thanks to a high level of discounts across most of its product range. In November, however, Maruti's wholesales declined 3.2 per cent year-on-year to 141,400 units.

Maruti raises production in November for first time in nine months

Maruti Suzuki India on Friday reported 4.5 per cent growth year-on-year in October sales led by compact and utility vehicle segments.

Driven by the festive season and heavy discounts, the company sold 1.53 lakh units during the month against 1.46 lakh units sold in the same month of last year.

The country`s largest car manufacturer said domestic sales in October grew by 4.5 per cent year-on-year to 1.44 lakh units from 1.38 lakh units and exports increased 5.7 per cent to 9,158 units from 8,666 units.

Passenger car sales were up by 4.4 per cent to 1.06 lakh units compared to 1.01 lakh units in October last year.

The compact car segment (new WagonR, Celerio, Ignis, Swift, Baleno and Dzire) clocked 15.9 per cent growth but mini segment (Alto, S-Presso and old WagonR) showed 13.1 per cent decline.

Utility vehicles sales (Gypsy, Ertiga, XL6, Vitara Brezza and S-Cross) grew by 11.3 per cent whereas vans (Omni and Eeco) sales fell by 26.8 per cent in October YoY.

For the April to October period, however, total sales were down by 20.3 per cent to 8.94 lakh units from 11.2 lakh in the year-ago period.

Domestic sales dipped by 21.4 per cent to 8.31 lakh units from 10.5 lakh units while export sales edged lower by 2.6 per cent to 63,069 units from 64,753 units year-on-year.

Maruti Suzuki India on Friday reported 4.5 per cent growth year-on-year in October sales led by compact and utility vehicle segments. Driven by the festive season and heavy discounts, the company sold 1.

Maruti Suzuki India on Friday reported 4.5 per cent growth year-on-year in October sales led by compact and utility vehicle segments. Driven by the festive season and heavy discounts, the company sold 1.53 lakh units during the month against 1.46 lakh units sold in the same month of last year. The country`s largest car manufacturer said domestic sales in October grew by 4.5 per cent year-on-year to 1.44 lakh units from 1.38 lakh units and exports increased 5.7 per cent to 9,158 units from 8,666 units. Passenger car sales were up by 4.4 per cent to 1.06 lakh units compared to 1.01 lakh units in October last year. The compact car segment (new WagonR, Celerio, Ignis, Swift, Baleno and Dzire) clocked 15.9 per cent growth but mini segment (Alto, S-Presso and old WagonR) showed 13.1 per cent decline. Utility vehicles sales (Gypsy, Ertiga, XL6, Vitara Brezza and S-Cross) grew by 11.3 per cent whereas vans (Omni and Eeco) sales fell by 26.8 per cent in October YoY. For the April to October period, however, total sales were down by 20.3 per cent to 8.94 lakh units from 11.2 lakh in the year-ago period. Domestic sales dipped by 21.4 per cent to 8.31 lakh units from 10.5 lakh units while export sales edged lower by 2.6 per cent to 63,069 units from 64,753 units year-on-year.

Maruti Suzuki October sales up by 4.5% to 1.53 lakh units amid festive season

Top Indian automaker <a href="https://www.wionews.com/business-economy/maruti-suzuki-cuts-3000-contract-jobs-245947">Maruti Suzuki</a> said on Wednesday it lowered prices of some cars, making it one of the first major companies to respond to the government's move to cut corporate taxes in a bid to revive economic growth.

The company cut prices on 10 different models by 5,000 rupees ($70) each, representing discounts of just about 1 per cent or less on average car prices.

The price cuts start on Wednesday.

Maruti said the move was aimed at reviving demand by sharing "the benefits of corporate tax reduction with its customers".

The price cuts will kick in just ahead of the festive season, and Maruti said it hoped the move would help entice entry-level customers.

On Friday, Finance Minister announced a cut in the headline corporate tax rate to 22 per cent from 30 per cent in a move widely cheered by local stock markets.

The cuts were the latest in a line of government measures aimed at reviving growth in Asia's third-largest economy, which slumped to a six-year low in the April-June quarter.

Maruti's shares were down 2.7 per cent&nbsp;at 6,811.30 rupees by 0514 GMT on Wednesday amid a broader decline in Indian stocks.&nbsp;

&nbsp;

Top Indian automaker Maruti Suzuki said on Wednesday it lowered prices of some cars, making it one of the first major companies to respond to the government's move to cut corporate taxes in a bid to revive economic growth.

Top Indian automaker Maruti Suzuki said on Wednesday it lowered prices of some cars, making it one of the first major companies to respond to the government's move to cut corporate taxes in a bid to revive economic growth. The company cut prices on 10 different models by 5,000 rupees ($70) each, representing discounts of just about 1 per cent or less on average car prices. The price cuts start on Wednesday. Maruti said the move was aimed at reviving demand by sharing "the benefits of corporate tax reduction with its customers". The price cuts will kick in just ahead of the festive season, and Maruti said it hoped the move would help entice entry-level customers. On Friday, Finance Minister announced a cut in the headline corporate tax rate to 22 per cent from 30 per cent in a move widely cheered by local stock markets. The cuts were the latest in a line of government measures aimed at reviving growth in Asia's third-largest economy, which slumped to a six-year low in the April-June quarter. Maruti's shares were down 2.7 per cent at 6,811.30 rupees by 0514 GMT on Wednesday amid a broader decline in Indian stocks.

Maruti trims prices after government cuts corporate taxes

Equity benchmark indices erased opening gains in early hours on Friday due to profit booking with the Nifty auto dropping 1.3 per cent.

At 10:15 am, the BSE S&amp;P Sensex was down 238 points at 38,660 while the Nifty 50 slipped 69 points to 11,528. At the National Stock Exchange, all sectoral indices were in the red.

Among stocks, Yes Bank continued its downward slide and dipped 2 per cent lower at Rs 84.05 per share. In the auto sector, Mahindra &amp; Mahindra and Hero MotoCorp between 1.3 per cent and 1.9 per cent respectively.

The other prominent losers were Maruti, GAIL, Indian Oil, ONGC, Bajaj Finance and Bajaj Finserv.

However, UltraTech Cement gained 1.7 per cent to Rs 4,680 per share. Titan, Powergrid, Vedanta and Tata Steel showed marginal gains.

Meanwhile, Asian stocks advanced after a top Federal Reserve official cemented expectations of a US interest rate cut later this month.

The Shanghai Composite Index and Hong Kong's Hang Seng were both up 1 per cent. South Korea's KOSPI also rose 1 per cent and Japan's Nikkei advanced 1.65 per cent.&nbsp; 
&nbsp;

Equity benchmark indices erased opening gains in early hours on Friday due to profit booking with the Nifty auto dropping 1.3 per cent. At 10:15 am, the BSE S&P Sensex was down 238 points at 38,660 while the Nifty 50 slipped 69 points to 11,528.

Equity benchmark indices erased opening gains in early hours on Friday due to profit booking with the Nifty auto dropping 1.3 per cent. At 10:15 am, the BSE S&P Sensex was down 238 points at 38,660 while the Nifty 50 slipped 69 points to 11,528. At the National Stock Exchange, all sectoral indices were in the red. Among stocks, Yes Bank continued its downward slide and dipped 2 per cent lower at Rs 84.05 per share. In the auto sector, Mahindra & Mahindra and Hero MotoCorp between 1.3 per cent and 1.9 per cent respectively. The other prominent losers were Maruti, GAIL, Indian Oil, ONGC, Bajaj Finance and Bajaj Finserv. However, UltraTech Cement gained 1.7 per cent to Rs 4,680 per share. Titan, Powergrid, Vedanta and Tata Steel showed marginal gains. Meanwhile, Asian stocks advanced after a top Federal Reserve official cemented expectations of a US interest rate cut later this month. The Shanghai Composite Index and Hong Kong's Hang Seng were both up 1 per cent. South Korea's KOSPI also rose 1 per cent and Japan's Nikkei advanced 1.65 per cent.

Sensex drops 237 points on profit-booking, Nifty below 11,600

Maruti Suzuki India launched&nbsp;an in house developed&nbsp;new diesel engine in its Ertiga on Tuesday.

The automobile manufacturer introduced a 1.5-litre DDIS 225 diesel engine with 6-speed manual transmission in the Next Gen Ertiga.&nbsp;

The price of the car with the new feature ranges from Rs 9.86 lakh to Rs 11.20 lakh.

The VDi model of the car is available at Rs 9.86 lakhs, the ZDi at Rs 10.69 lakhs and the ZDi+ model at Rs 11.20 lakhs.

The company claims that the new launch will bring superior gear shift feel and provide a smooth driving experience.

The engine, developed in-house, uses ‘Dual Mass flywheel’ which helps to reduce engine fluctuations.&nbsp;

Mr. R.S. Kalsi, Senior Executive Director, Marketing and Sales, Maruti Suzuki India said that the new introduction in the car was&nbsp;designed as per customer's aspirations.

“Considering the requirements of evolving customers, the Next Gen Ertiga is now offered with new 1.5-litre Diesel engine. The new engine is a perfect combination of performance and refinement. It showcases Maruti Suzuki’s commitment to provide products aligned with customers aspirations. We are sure this new engine option will strengthen the popularity of Ertiga in urban MPV segment, " he added.

With 39 per cent market share, Maruti Suzuki’s Next Gen Ertiga is popular among the country's youth.

Launched in November 2018, the Next Gen Ertiga became an instant hit with customers selling over 40,000 units in Nov-April period.&nbsp;

&nbsp;

Maruti Suzuki India launched an in house developed new diesel engine in its Ertiga on Tuesday. The automobile manufacturer introduced a 1.5-litre DDIS 225 diesel engine with 6-speed manual transmission in the Next Gen Ertiga.

Maruti Suzuki India launched an in house developed new diesel engine in its Ertiga on Tuesday. The automobile manufacturer introduced a 1.5-litre DDIS 225 diesel engine with 6-speed manual transmission in the Next Gen Ertiga. The price of the car with the new feature ranges from Rs 9.86 lakh to Rs 11.20 lakh. The VDi model of the car is available at Rs 9.86 lakhs, the ZDi at Rs 10.69 lakhs and the ZDi+ model at Rs 11.20 lakhs. The company claims that the new launch will bring superior gear shift feel and provide a smooth driving experience. The engine, developed in-house, uses ‘Dual Mass flywheel’ which helps to reduce engine fluctuations. Mr. R.S. Kalsi, Senior Executive Director, Marketing and Sales, Maruti Suzuki India said that the new introduction in the car was designed as per customer's aspirations. “Considering the requirements of evolving customers, the Next Gen Ertiga is now offered with new 1.5-litre Diesel engine. The new engine is a perfect combination of performance and refinement. It showcases Maruti Suzuki’s commitment to provide products aligned with customers aspirations. We are sure this new engine option will strengthen the popularity of Ertiga in urban MPV segment, " he added. With 39 per cent market share, Maruti Suzuki’s Next Gen Ertiga is popular among the country's youth. Launched in November 2018, the Next Gen Ertiga became an instant hit with customers selling over 40,000 units in Nov-April period.

Maruti Suzuki introduces new diesel engine in Ertiga, price starts at Rs 9.86 lakhs

The country's largest carmaker Maruti Suzuki India (MSI) plans to take a variety of steps including enhanced localisation, increase in productivity and reducing overall costs in order to improve margins in the current fiscal, a senior company official has said.

The auto major reported an EBITDA margin of 14 per cent for 2018-19, down 1.9 per cent from 15.9 per cent in 2017-18.

"We are working very hard on cost-cutting, there is a lot of effort on the cost side as a company we are all committed to work towards it and ensure that it (margins) improve from here," MSI CFO Ajay Seth said.

The company will carry on with its internal efforts without worrying about the external factors like foreign exchange rates, he added.

"External factors will be there but whatever is in our control we will try and work harder in terms of cost reduction and enhancing productivity," Seth noted.

He said increasing localisation is an important part of the initiative.

"Localisation is a big drive now. Wherever we have been hit on account of foreign exchange, we are now looking at large targets for localisation," he said.

Overheads are under severe scrutiny and the company is looking at vendors in terms of more productivity gains, Seth added.

"So a variety of things are being done. For us it is very crucial that we improve from here," he said.

The EBITDA margin is an assessment of a firm's operating profitability as a percentage of its total revenue.

It is equal to earnings before interest, tax, depreciation and amortization (EBITDA) divided by total revenue.

MSI reported a 4.6 per cent decline in net profit to Rs 1,795.6 crore for the fourth quarter of the 2018-19.

For the entire 2018-19, MSI posted a net profit of Rs 7,500.6 crore, down 2.9 per cent from the previous financial year.

The carmaker has also decided to phase out all diesel cars from its portfolio with effect from April 1, 2020.

When asked if the company is looking for write-offs having already put in large investments in diesel engine plants over the years, Seth said, the auditors have done a detailed study and concluded that there would not be any significant impact.

"Around 99 per cent of it (diesel capacity) is getting converted (into petrol, CNG etc) there is no impairment as such, even if there is an impairment it is going to be a negligible amount," he added.

"If you cannot convert your facilities into anything else then you have to impair it," he further said.

The company would be able to convert its existing plants as per the company's long term goals, he added.

MSI plans to shift its entire portfolio to petrol, CNG powertrains.

The auto major currently gets 23 per cent of its total sales in the domestic market from diesel cars.

It sold a total of 4.63 lakh diesel units last fiscal.

Some of the company's models like Vitara Brezza and S-Cross currently come with a diesel engine option only.

Others like Swift, Baleno, Dzire, Ciaz and Ertiga also have petrol versions in addition to the diesel trims.

The country's largest carmaker Maruti Suzuki India (MSI) plans to take a variety of steps including enhanced localisation, increase in productivity and reducing overall costs in order to improve margins in the current fiscal, a senior company official has said.

The country's largest carmaker Maruti Suzuki India (MSI) plans to take a variety of steps including enhanced localisation, increase in productivity and reducing overall costs in order to improve margins in the current fiscal, a senior company official has said. The auto major reported an EBITDA margin of 14 per cent for 2018-19, down 1.9 per cent from 15.9 per cent in 2017-18. "We are working very hard on cost-cutting, there is a lot of effort on the cost side as a company we are all committed to work towards it and ensure that it (margins) improve from here," MSI CFO Ajay Seth said. The company will carry on with its internal efforts without worrying about the external factors like foreign exchange rates, he added. "External factors will be there but whatever is in our control we will try and work harder in terms of cost reduction and enhancing productivity," Seth noted. He said increasing localisation is an important part of the initiative. "Localisation is a big drive now. Wherever we have been hit on account of foreign exchange, we are now looking at large targets for localisation," he said. Overheads are under severe scrutiny and the company is looking at vendors in terms of more productivity gains, Seth added. "So a variety of things are being done. For us it is very crucial that we improve from here," he said. The EBITDA margin is an assessment of a firm's operating profitability as a percentage of its total revenue. It is equal to earnings before interest, tax, depreciation and amortization (EBITDA) divided by total revenue. MSI reported a 4.6 per cent decline in net profit to Rs 1,795.6 crore for the fourth quarter of the 2018-19. For the entire 2018-19, MSI posted a net profit of Rs 7,500.6 crore, down 2.9 per cent from the previous financial year. The carmaker has also decided to phase out all diesel cars from its portfolio with effect from April 1, 2020. When asked if the company is looking for write-offs having already put in large investments in diesel engine plants over the years, Seth said, the auditors have done a detailed study and concluded that there would not be any significant impact. "Around 99 per cent of it (diesel capacity) is getting converted (into petrol, CNG etc) there is no impairment as such, even if there is an impairment it is going to be a negligible amount," he added. "If you cannot convert your facilities into anything else then you have to impair it," he further said. The company would be able to convert its existing plants as per the company's long term goals, he added. MSI plans to shift its entire portfolio to petrol, CNG powertrains. The auto major currently gets 23 per cent of its total sales in the domestic market from diesel cars. It sold a total of 4.63 lakh diesel units last fiscal. Some of the company's models like Vitara Brezza and S-Cross currently come with a diesel engine option only. Others like Swift, Baleno, Dzire, Ciaz and Ertiga also have petrol versions in addition to the diesel trims.

Taking steps to reduce costs, enhance margins: Maruti

Country's largest carmaker Maruti Suzuki India (MSI) today said it is investing in new technologies to further reduce carbon dioxide (CO2) emissions per vehicle.

The company said it is also in the process of aligning with stringent EU norms for classification, labelling and packaging of chemical substances besides adopting VCI Packaging (Volatile Corrosion Inhibitors) guidelines for packaging materials.

"Maruti Suzuki is working systematically to reduce vehicle emissions and the impact of manufacturing on the environment... Going forward, we will continue our focus on investing in new technologies and further bring down CO2 emissions per vehicle," MSI Managing Director and CEO Kenichi Ayukawa said in a statement.

As part of company's efforts to use renewable source of energy, MSI plans to install a 5 MW solar power plant at its Gurgaon campus this fiscal, he added.

"At Manesar, our existing 1 MW solar power plant will be complemented by an additional 0.5 MW solar plant," Ayukawa said.

MSI said its Heartect platform helps to lower CO2 emissions between 6 to 8 per cent. Models like the Baleno, Ignis, Swift and Dzire have been built on the new platform.

It claimed to have reduced an estimated over 8.3 lakh tonnes of CO2 emission over the past decade through introduction of CNG, LPG and smart hybrid vehicles.&nbsp;

The company currently has over 50 per cent market share in the domestic passenger vehicle segment.

The company further said it has reduced water consumption per vehicle manufactured by 6 per cent as compared to the previous year at its manufacturing plants in 2017-18.&nbsp;

Besides, there is 1 per cent reduction in CO2 emission while manufacturing every vehicle over the past year, MSI claimed.

"The company will soon adopt international material data capturing system to study parameters like ASR (Automotive Shredder Residue), RRR (Reuse, Recycle and Recover) and substances of concern (like Pb, Hg, Cd, Cr) across all models so that prohibited substances can be identified and eliminated. This initiative will strengthen end of life system (ELV) for vehicles," MSI said.

For exports, the company will align with the European Union system of classification, labelling and packaging of chemical substances and adopt VCI Packaging (Volatile Corrosion Inhibitors) guidelines for packaging materials.

By aligning with EU norms the disclosures on components will be comprehensive, it said.

As part of company's efforts to use renewable source of energy, MSI plans to install a 5 MW solar power plant at its Gurgaon campus

Country's largest carmaker Maruti Suzuki India (MSI) today said it is investing in new technologies to further reduce carbon dioxide (CO2) emissions per vehicle. The company said it is also in the process of aligning with stringent EU norms for classification, labelling and packaging of chemical substances besides adopting VCI Packaging (Volatile Corrosion Inhibitors) guidelines for packaging materials. "Maruti Suzuki is working systematically to reduce vehicle emissions and the impact of manufacturing on the environment... Going forward, we will continue our focus on investing in new technologies and further bring down CO2 emissions per vehicle," MSI Managing Director and CEO Kenichi Ayukawa said in a statement. As part of company's efforts to use renewable source of energy, MSI plans to install a 5 MW solar power plant at its Gurgaon campus this fiscal, he added. "At Manesar, our existing 1 MW solar power plant will be complemented by an additional 0.5 MW solar plant," Ayukawa said. MSI said its Heartect platform helps to lower CO2 emissions between 6 to 8 per cent. Models like the Baleno, Ignis, Swift and Dzire have been built on the new platform. It claimed to have reduced an estimated over 8.3 lakh tonnes of CO2 emission over the past decade through introduction of CNG, LPG and smart hybrid vehicles. The company currently has over 50 per cent market share in the domestic passenger vehicle segment. The company further said it has reduced water consumption per vehicle manufactured by 6 per cent as compared to the previous year at its manufacturing plants in 2017-18. Besides, there is 1 per cent reduction in CO2 emission while manufacturing every vehicle over the past year, MSI claimed. "The company will soon adopt international material data capturing system to study parameters like ASR (Automotive Shredder Residue), RRR (Reuse, Recycle and Recover) and substances of concern (like Pb, Hg, Cd, Cr) across all models so that prohibited substances can be identified and eliminated. This initiative will strengthen end of life system (ELV) for vehicles," MSI said. For exports, the company will align with the European Union system of classification, labelling and packaging of chemical substances and adopt VCI Packaging (Volatile Corrosion Inhibitors) guidelines for packaging materials. By aligning with EU norms the disclosures on components will be comprehensive, it said.

Maruti 'investing' in new technologies to bring down CO2 emissions

Maruti Suzuki India (MSI)&nbsp;said on Tuesday it is asking customers of 52,686 new Swift and Baleno models to undertake a service campaign to inspect for a possible fault in brake vacuum hose.

New Swift and Baleno units manufactured between December 1, 2017 and March 16, 2018 will be covered in this campaign, MSI said in communication to customers on its website.

A total of 44,982 units of new Swift, which was launched in February this year, and 7,704 units of Baleno are covered under the service campaign.

Brake vacuum hose is a rubber pipe that creates and releases vacuum while applying brake but it has no impact on braking and braking distance.&nbsp;

When contacted, a company official said the exercise did not amount to a recall as the issue did not relate to safety.

Service campaigns are undertaken globally by automobile companies to rectify faults that may potentially cause inconvenience to customers, the company said.&nbsp;

Customers will be contacted by dealers for inspection and replacement of the faulty part, MSI added.&nbsp;

"The inspection and replacement will be done free of cost for the customer," the company said.&nbsp;

Automobile manufacturers in India follow a voluntary recall policy adopted by industry body SIAM in July 2012 under which if a company is of the opinion that there is a manufacturing defect that compromises safety of vehicles, it will voluntarily rectify the problem free of cost to the customer.&nbsp;

Maruti Suzuki India (MSI) said on Tuesday it is asking customers of 52,686 new Swift and Baleno models to undertake a service campaign to inspect for a possible fault in brake vacuum hose

Maruti Suzuki India (MSI) said on Tuesday it is asking customers of 52,686 new Swift and Baleno models to undertake a service campaign to inspect for a possible fault in brake vacuum hose. New Swift and Baleno units manufactured between December 1, 2017 and March 16, 2018 will be covered in this campaign, MSI said in communication to customers on its website. A total of 44,982 units of new Swift, which was launched in February this year, and 7,704 units of Baleno are covered under the service campaign. Brake vacuum hose is a rubber pipe that creates and releases vacuum while applying brake but it has no impact on braking and braking distance. When contacted, a company official said the exercise did not amount to a recall as the issue did not relate to safety. Service campaigns are undertaken globally by automobile companies to rectify faults that may potentially cause inconvenience to customers, the company said. Customers will be contacted by dealers for inspection and replacement of the faulty part, MSI added. "The inspection and replacement will be done free of cost for the customer," the company said. Automobile manufacturers in India follow a voluntary recall policy adopted by industry body SIAM in July 2012 under which if a company is of the opinion that there is a manufacturing defect that compromises safety of vehicles, it will voluntarily rectify the problem free of cost to the customer.

Maruti to check 52,686 new Swifts, Balenos for faulty brake vacuum hose

The benchmark BSE Sensex rose over 134 points on Monday on sustained buying in key frontline counters led by metal, auto, capital goods and banking stocks.

Sentiments bolstered in all Asian markets following positive cues from Wall Street.

Also, continued buying by domestic institutional investors (DIIs) and strengthening rupee boosted market mood, brokers said.

The BSE Sensex rose 133.78 points, or 0.39 per cent, to 34,275.93. All sectoral indices were trading higher, led by metals, auto, capital goods and banking stocks that gained up to 1.34 per cent.

The gauge had gained 322.65 points in the previous session on Friday.

The broader Nifty 50 index was also trading above the key 10,500-level at 10,529.10, a gain of 38.05 points, or 0.36 per cent.

Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26 per cent.

On a net basis, DIIs bought equities to the tune of Rs 1,514.03 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 486.32 crore on Friday, provisional data showed.

Among Asian markets, Japan&#39;s Nikkei was trading higher by 0.82 per cent. Hong Kong&#39;s Hang Seng up 0.54 per cent and Shanghai Composite 0.31 per cent higher.

The US Dow Jones Industrial Average ended 1.39 per cent higher on Friday&#39;s trade.&nbsp;

Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26

The benchmark BSE Sensex rose over 134 points on Monday on sustained buying in key frontline counters led by metal, auto, capital goods and banking stocks. Sentiments bolstered in all Asian markets following positive cues from Wall Street. Also, continued buying by domestic institutional investors (DIIs) and strengthening rupee boosted market mood, brokers said. The BSE Sensex rose 133.78 points, or 0.39 per cent, to 34,275.93. All sectoral indices were trading higher, led by metals, auto, capital goods and banking stocks that gained up to 1.34 per cent. The gauge had gained 322.65 points in the previous session on Friday. The broader Nifty 50 index was also trading above the key 10,500-level at 10,529.10, a gain of 38.05 points, or 0.36 per cent. Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26 per cent. On a net basis, DIIs bought equities to the tune of Rs 1,514.03 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 486.32 crore on Friday, provisional data showed. Among Asian markets, Japan's Nikkei was trading higher by 0.82 per cent. Hong Kong's Hang Seng up 0.54 per cent and Shanghai Composite 0.31 per cent higher. The US Dow Jones Industrial Average ended 1.39 per cent higher on Friday's trade.

Sensex rises 134 points, Nifty tops 10,500 on global cues

Thirty-one workers were convicted and 117 acquitted in a case of violence and rioting at Maruti Suzuki plant at Manesar, 20 kms from Gurgaon city.

Thirteen accused have been held guilty of murder,&nbsp;eighteen have been convicted of rioting and other crimes under the IPC.

The quantum of punishment will be pronounced on March 17.

Awanish Kumar Dev, general manager (human resources) of Maruti Suzuki, was burned to death and several executives injured in the violence in the car plant allegedly triggered by workers on July 18, 2012.

(WION)

Awanish Kumar Dev, general manager of Maruti Suzuki, was burned to death and several executives injured in the violence in 2012

Thirty-one workers were convicted and 117 acquitted in a case of violence and rioting at Maruti Suzuki plant at Manesar, 20 kms from Gurgaon city. Thirteen accused have been held guilty of murder, eighteen have been convicted of rioting and other crimes under the IPC. The quantum of punishment will be pronounced on March 17. Awanish Kumar Dev, general manager (human resources) of Maruti Suzuki, was burned to death and several executives injured in the violence in the car plant allegedly triggered by workers on July 18, 2012. (WION)

Maruti factory violence case: Court convicts 13 for murder, 18 for rioting

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