Suzuki Motor Corp forecast operating profit to fall by a quarter to 160 billion yen ($1.5 billion) in the year to March as sales, including in its key Indian market, shrink amid the coronavirus pandemic.

World Business Watch: Suzuki Expects annual profit to shrink by 25% as India sales slump

The company was hit hard by a months-long lockdown imposed in late March to slow the spread of the novel coronavirus.

India's largest automakers marks strong sales in October

India’s biggest carmaker company Maruti Suzuki, said that there is no immediate need for the government to cut taxes on cars to boost sales even as it warned of uncertainty in demand after December.

World Business Watch: India's top carmaker Maruti Suzuki says no urgent need to cut taxes

India's commerce minister has asked automakers to find ways to reduce royalty payments to foreign parent companies for use of technology or brand names, two sources said, in an effort to boost local investment and reduce outflows.

India urges automakers to cut royalties to foreign parent companies: Report

The country's largest carmaker Maruti Suzuki India on Wednesday reported first ever quarterly loss since becoming public 17 years back with a consolidated net loss of Rs 268.

COVID-19 effect: Maruti Suzuki posts first quarterly loss in 17 years

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

Country'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.

Coronavirus impact: Maruti Suzuki records zero sales in April for first time in company's history

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.

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.

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

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.

Maruti trims prices after government cuts corporate taxes

Indian shares gave up gains in the last hour of trade to end lower on Thursday, with the blue-chip NSE index snapping five consecutive sessions of gains, as auto and financial stocks weighed.

Nifty, Sensex snap multi-day rally to end lower

Maruti Suzuki India Ltd Chairman RC Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary employees, as the automaker battled rising inventory amid a slowdown in demand.

Maruti Suzuki cuts 3,000 contract jobs

India's domestic passenger vehicle sales in July dived at the steepest pace in nearly two decades, an auto industry body said on Tuesday, as a financing crunch deepened a crisis in the country's autos sector and triggered large-scale job losses.

India's passenger vehicle sales drop at steepest pace in nearly two decades

India's domestic passenger vehicle sales fell for the ninth straight month in July, an auto industry body said on Tuesday, amid a deepening crisis in the country's automobile sector that has triggered large-scale job losses.

India's passenger vehicles sales sink for ninth month in July

Pakistan may reject India's request for 'unimpeded consular access' to Kulbhushan Jadhav: Report A day after India asked Pakistan government to provide ''unimpeded consular access'' to Kulbushan Jadhav, reports have emerged that Pakistan may reject India's ''valid demand'' by not giving free unobstructed access to the death row prisoner in Pakistan.

News brief: Big stories of the day

Shares lost steam and moved lower on Monday clouded by weak corporate results, while bond yields fell after the finance minister's comments in a media interview that the government did not intend to review its overseas borrowing plan.

Sensex, Nifty edge lower on weak earnings, finance minister's comments

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

The country's largest carmaker Maruti Suzuki India (MSI) said on Thursday that it will phase out smaller diesel cars from its portfolio with effect from April 1, 2020.

Maruti to phase out smaller diesel cars by April 1, 2020

Automobile giant Maruti Suzuki on Tuesday launched the brand new version of its budget hatchback car Alto. The New Alto comes with enhanced features and upgraded design.

Maruti Suzuki launches New Alto in India at Rs 2.94 lakh

Equity benchmarks closed in the green for the second straight session Friday as investors looked forward to the earnings season with measured optimism amid an uncertain global growth environment.

Markets build on gains on earnings optimism; post weekly loss

Encouraged by the success of its 1.5-litre K15 Petrol Engine in new Ciaz and all new Ertiga, Maruti Suzuki further beefed up its Engine portfolio with the introduction of a new 1.

Maruti launches 1.5-litre DDiS 225 diesel engine with 6-speed transmission in new Ciaz

Six years since its first launch, the Ertiga has been quite the favourite among Indian car buyers - playing a major role in Maruti Suzuki’s annual sales figures.

Ertiga MPV launched at starting price of Rs 7.44 lakh

The BSE Sensex erased all its early gains to end lower by 175 points in see-saw trade Tuesday, posting its fourth fall in five sessions due to widespread selling in auto, consumer, realty, oil and gas and banking stocks amid worries over weakening rupee and boiling crude oil prices.

Nifty, Sensex at lowest close since April

Old Santro's production was axed from the line-up in 2015

Hyundai to launch all-new Santro this year

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