maruti suzuki
Tax cuts to boost industry; now need to focus on spurring demand: India Inc
These tax cuts will have tremendous positive effect. We will soon see a turnaround, said Godrej Group Chairman Adi Godrej.
Maruti Suzuki's PV mkt share shrinks in April-Aug; Hyundai, Mahindra gain
Maruti Suzuki sold 5,55,064 units this fiscal as compared with 7,57,289 units during April-August previous year.
Millennials opting for Ola, Uber not that a big factor for current slowdown: Maruti Suzuki
Due to increased prices of auto parts, taxes and rise in insurance rates are some of the reasons for slow down in automobile industry.
Maruti to halt production at Haryana plant for two days
Reeling under severe slowdown, the auto major had reduced its production by 33.99 per cent in August.
Maruti reports 33 pc drop in Aug sales at 1,06,413 units
Domestic sales declined by 34.3 per cent at 97,061 units last month as against 1,47,700 units in August 2018, the company said.
Maruti Suzuki cuts 3,000 contract jobs
Auto sales declining for ninth straight month, more auto manufacturers are laying off workers and temporarily halting production.
Maruti recalls 40,618 units of WagonR to rectify fuel hose system
Recall campaigns are undertaken globally to rectify faults that may be potential safety defects.
Over 3,000 temporary jobs cut due to slowdown: Maruti Suzuki
The temporary workers were not renewed due to the slowdown while asserting that permanent workers have not been impacted.
Passenger vehicle output down 13.18 pc in Apr-Jul as major cos cut production
PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.
Auto sales in India sees sharpest fall 19 yrs in July; 15,000 workers lose jobs
Domestic PV sales also saw the biggest fall in nearly 19 years, slumping by 30.98 pc to 2,00,790 units.