“The shortage of electronic components had a minor impact on the production of vehicles, mainly in domestic models. The company took all possible measures to minimize the impact,” the company said.
The Grand Vitara will fill the white space in the country’s largest carmaker’s portfolio in the SUV segment. Currently dominating the midsize SUV segment is the rival Hyundai's 2nd-gen Creta launched in March 2020 and Kia Seltos introduced in August 2019.
The partnership will provide benefits pertaining to convenience and value across almost 35,000 IndianOil fuel stations across the country.
The company sold a total of 165,173 units in August 2022. Total sales in the month included domestic sales of 137,537 units, sales to other OEMs of 6,155 units and exports of 21,481 units.
As Maruti Suzuki, India’s largest passenger vehicle maker, completes 40 years in India, the OEM’s chairman says complacency is the first thing to shake a sustainable leadership position. He also spoke about why India should promote more than just electric vehicles (EV) in the new age.
"I believe that India Japan partnership, which we have seen in Maruti Suzuki and some other areas, is becoming stronger, and more and more Japanese companies are getting interested in investing in India, partnering with Indian companies," Bhargava said.
The plant will attract an investment of Rs 7,300 crore here from the Japanese automobile giant. It will be commissioned by 2026, according to industry sources.
It is suspected that there is a possible defect in the Airbag Control Unit, which in rare cases might result in malfunctioning during deployment. The recall is being undertaken to replace the ACU in these vehicles, the company said.
While most of the carmakers are realigning their product strategies towards bringing new products in the SUV segment, Maruti Suzuki said hatchback remains an important focus segment for the company as it occupies about 38% of the passenger vehicle market in India. “We are the market leader and we need to focus on all the segments. Entry level hatchback segment is our DNA,” Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki said.
The new model can be owned through Maruti Suzuki Subscribe at an all-inclusive monthly subscription fee starting from INR 16,499.
Its sales in the mini and compact segment increased to 105,151 units in July 2022, against 89,953 units in July 2021. This includes sales of 20,333 units of Alto and S-Presso, along with 84,818 units of Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR during the month under review.
The carmaker’s revenue from operations during April-June 2022 period was also up at INR 25,288 crore compared to INR 16,799 crore in April-June 2021.
Slated to be Maruti's most tech-forward and expensive SUV so far, the 2022 Grand Vitara makes its official debut today. According to the automaker, the SUV is scheduled to go on sale sometime in the following month. It will also be the first-ever strong hybrid SUV made by the company.
The model will be Maruti’s version of the Toyota Urban Cruiser Hyryder which was unveiled last month. It will be manufactured at Toyota’s plant in Bidadi, Karnataka and compete with the likes of Hyundai Creta, Kia Seltos, Toyota Urban Cruiser Hyryder.
At a time when global automotive industry and governments across the world are looking at achieving the end objective of carbon neutrality, Maruti Suzuki is taking a multi-technology approach with a mix of CNG, hybrids, ethanol and bio-CNG compliant engines. In the next 5-7 years, the company is also aiming to introduce strong hybrid technology across its range of vehicles.
The shortage of electronic components had a minor impact on the production of vehicles, mainly in domestic models, the company said.
The second-generation Brezza will be available in manual and automatic transmission options. Built on Suzuki’s TECT platform, the model comes with electric sunroof, 22.86cm SmartPlay Pro+ Infotainment system, wireless charging dock, head up display, 360view camera.
“Maruti Suzuki India Limited (MSIL) and TKM will market the new model in India as Suzuki and Toyota models, respectively. Furthermore, the two companies are planning to export the new model to markets outside India including Africa,” the two companies said in a joint statement.
The all-new Hot and Techy Brezza will be available with a new youthful and energetic design, modern and spacious cabin and next-gen powertrain with 6 speed Automatic Transmission, the company said.
Maruti Suzuki plans to use the Visual Artificial Intelligence (AI) platform of SSPL called Dave.AI, to enhance digital sales experience of its customers. The investment is part of Maruti Suzuki’s Mobility & Automobile Innovation Lab (MAIL) initiative to support startups with promising mobility solutions.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Shigetoshi Torii | Unlock to View | Unlock to View | Director | 31 Jul,2014 |
| Toshihiro Suzuki | Unlock to View | Unlock to View | Director | 28 Oct,2013 |
| Toshiaki Hasuike | Unlock to View | Unlock to View | Director | 27 Apr,2013 |
| Rajinder Pal Singh | Unlock to View | Unlock to View | Director | 25 Jan,2013 |
| Kinji Saito | Unlock to View | Unlock to View | Director | 28 Apr,2012 |
| Kazuhiko Ayabe | Unlock to View | Unlock to View | Director | 28 Apr,2012 |
| Kenichi Ayukawa | Unlock to View | Unlock to View | Director | 21 Jul,2008 |
| Amal Ganguli | Unlock to View | Unlock to View | Director | 05 Sep,2006 |
| Davinder Singh Brar | Unlock to View | Unlock to View | Director | 05 Sep,2006 |
| Ravindra Chandra Bhargava | Unlock to View | Unlock to View | Director | 09 Sep,2005 |
| Pallavi Shardul Shroff | Unlock to View | Unlock to View | Director | 09 Sep,2005 |
| Osamu Suzuki | Unlock to View | Unlock to View | Nominee Director | 20 Sep,2002 |
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