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Maruti Suzuki to cut down production this festive season amid sales slowdown

Baua Electric

By: HT Auto Desk | Updated on: 21 Aug 2024, 11:18 AM Maruti Suzuki’s sales dropped by 9.64 WagonR hatchbacks are seen parked at the manufacturing plant of Maruti Suzuki in Manesar. Sales of most of the carmakers in India has been witnessing a downslide recently. However, the carmaker could sell only 4.27

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Auto Inc invested Rs 14,043 till March end under PLI scheme for automobile, components | Autocar Professional

Baua Electric

The Indian automotive sector invested Rs 14,043 crore till March end under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Economic Survey tabled in the parliament on Monday ahead of the Union Budget tomorrow.

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Maruti Suzuki WagonR to Tata Punch: Top 10 passenger vehicles sold in Feb 24

Baua Electric

By: HT Auto Desk | Updated on: 13 Mar 2024, 10:06 AM The Indian passenger vehicle market registered a 10.80% YoY sales growth in February 2024, with 370,786 cars sold. The Indian passenger vehicle market registered a 10.80% YoY sales growth in February 2024, with 370,786 cars sold.

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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

India’s sales of new vehicles totaled at least 4.25 million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 million units. million units.

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Indian car dealers worry about deeper discounts amid sales slump

Baua Electric

August sales fell 4.5 August sales fell 4.5 August sales fell 4.5 August sales fell 4.5 “With our inventory already at record levels, buyers are expecting even higher discounts,” said Manish Raj Singhania, who is the president of the Federation of Automobile Dealers Associations. per cent, 12.9

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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.)

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Remembering Suzuki’s best: Iconic models that ruled Indian roads

Baua Electric

By: HT Auto Desk | Updated on: 15 Aug 2024, 12:13 PM Suzuki’s notable vehicles have greatly influenced India’s automobile market. Though production of the best models has ceased, their design and perform … Suzuki’s notable vehicles have greatly influenced India’s automobile market.

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