New Delhi, Jul 14: The country’s largest carmaker Maruti Suzuki India (MSI) is planning to invest around Rs 18,000 crore on a new manufacturing facility in Haryana, as per a top company official. The new plant would replace the company’s Gurugram-based facility and is expected to have an installed […]
BENGALURU – Maruti Suzuki India Ltd reported a quarterly loss for the first time since its listing in 2003, as the coronavirus lockdown and supply chain disruptions sapped demand for the country’s biggest automaker. The pandemic has taken a heavy toll on automakers globally as people choose to […]
India’s auto sector is going through a slowdown, hurt by credit squeeze, higher insurance costs and a pile-up of inventory. This has prompted major automakers to cut production and rein in costs. However, the maker of popular hatchbacks such as Swift and Baleno managed to beat market expectations […]
Maruti Suzuki India Ltd will raise prices across various car models next month to mitigate the impact of high commodity prices and foreign exchange rates, the automaker said on Wednesday. “It has become imperative for the company to pass on some impact of the … additional cost to […]
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