Spelling out the road map for the next 30 years -- Maruti 2.0 -- Maruti Suzuki India (MSI) Chairman RC Bhargava said the company would be at the forefront of the efforts to make India a significant player in the global market place.
Maruti Suzuki India, Hyundai, Honda and Toyota today posted growth in domestic sales in July signalling revival in the automobile market that has been under a prolonged slump.
Honda's new models have turned out to be a massive success as their contribution towards monthly sales is commendable. On the contrary, from the older lot, Brio seems to be losing ground in domestic market.
Mahindra XUV500 has become the only Indian SUV with a price tag of over Rs 10 lakh to have crossed the 1 lakh sales mark within 34 months of its launch. For those who don't know, the SUV was launched in September, 2011.
General Motors posted a sharp drop in second-quarter profit as the automaker took heavy charges for safety recalls and a compensation fund for victims of faulty ignition switches.
TVS Motor Company today reported a 39.42 per cent increase in its standalone net profit to Rs 72.32 crore for the quarter ended June 30, on account of robust sales.
Country's largest carmaker Maruti Suzuki India continues its dominance on the Indian roads with its four models, led by entry level small car Alto heading the top ten best sellers list in April-June quarter this fiscal.
Buoyed by excise duty reduction, domestic car sales saw an upswing in June with major firms, Maruti Suzuki, Hyundai, Honda, Mahindra & Mahindra, Toyota and Ford reporting growth.
Mahindra Two Wheelers today reported a 131 per cent growth in domestic sales at 15,878 units for May. The company had sold 6,858 units in the corresponding month last year, the company said in a release.
