
Festive season, SUV demand drive auto sales to record high at 3.6 lakh units in August
The domestic automobile retail sales stood at 3,43,000 units during the month under review, up 7.3% vis-a-vis 3,19,800 units in the same period last year.
The domestic automobile retail sales stood at 3,43,000 units during the month under review, up 7.3% vis-a-vis 3,19,800 units in the same period last year.
Maruti Suzuki plans to manufacture electric vehicles in Gujarat plant
The company also plans to add six electric vehicles to its portfolio by FY31. The sale of its model will begin in FY25.
Shortage of electronic components in the April-June quarter resulted in over 28,000 vehicles not being produced, says Maruti Suzuki
It is suspected that there is a possible defect in a part of the steering tie rod, says Maruti Suzuki
The MPV comes into three-variants — Zeta +(7 seater), Zeta+ (8 seater) and Alpha + (8 seater).
The share price of Maruti Suzuki, and Hero MotoCorp dropped between 0.6% and 1.2% on the BSE, while Mahindra & Mahindra shares surged 3% to hit a 52-week high.
Latest Jimny launch is its 4th SUV. In the non-SUV space, Maruti's market share is 65%; overall it's 46%.
Invicto, which is a rebadged version of Toyota Innova Hycross, will be launched on July 5.
This is the first time Maruti Suzuki will be offering a product greater than ₹20 lakh category vehicle. Invicto will be the highest-priced offering under Maruti Suzuki's portfolio.