Chrysler in talks to ends replace Mitsubishi and Hyundai in engine building alliance with FiatSeptember 10th, 2009 Chrysler ends alliance with Mitsubishi and HyundaiDETROIT — Chrysler Group LLC said Thursday it ended an engine building alliance with Mitsubishi Motors Corp. and Hyundai Motor Co.
Maruti sells nearly 85,000 vehicles in Aug.2009September 1st, 2009 NEW DELHI - Maruti Suzuki India Limited, India's car market leader, sold a total of 84,808 vehicles in August 2009, growing 41.6 percent in the month. This includes exports of 14,847 units, the highest ever monthly export in the company's history.
Maruti reports 41.6 percent jump in August salesSeptember 1st, 2009 NEW DELHI - Passenger car leader Maruti Suzuki India Tuesday reported sales of 84,808 vehicles in August, registering a growth of 41.6 percent over that in the corresponding month last year. The sales include 14,847 units exported, Maruti said in a regulatory statement.
Haryana allots 700 acres for Maruti's new planAugust 21st, 2009 ROHTAK - Passenger car manufacturer Maruti Suzuki has been allotted 700 acres here by the Haryana government for its proposed research and development (R&D) facility. A land allotment agreement was signed by Maruti Suzuki managing director and chief executive Shinzo Nakanishi and Haryana State Industrial and Infrastructure Development Corp managing director Rajeev Arora here Friday.
Haryana allots 700 acres for Maruti's new plantAugust 21st, 2009 ROHTAK - Passenger car manufacturer Maruti Suzuki Friday said it has been allotted 700 acres by the Haryana government for its proposed research and development (R&D) facility here. Maruti will invest Rs.1,000 crore in two phases over six years, it added.
Honda to set up another engine plant in RajasthanJune 17th, 2009 Kochi (Kerala), June 17 (ANI): Honda Siel Cars India (HSCIL), a subsidiary of Honda Motor, Japan, plans to set up an engine manufacturing and car assembly plant at an investment of around Rs. 1600 crores in Rajasthan.
Maruti Suzuki plans to export 1.3 lakh units this fiscalMay 19th, 2009 CHENNAI - India's largest car maker Maruti Suzuki, with a turnover of almost Rs.20,500 crore, is hoping to nearly double its exports this fiscal, said a company official here Tuesday. 'Our export target for the current year is 130,000 units that will include A-Star, Maruti 800, Estilo, and Swift models,' marketing and sales executive officer Mayank Pareek told reporters at the launch of the company's hatchback model Ritz.
Maruti launches new hatchback RitzMay 15th, 2009 NEW DELHI - Indo-Japanese carmaker Maruti Suzuki Friday rolled out another hatchback Ritz from its stable, priced at between Rs.390,000 and Rs.480,000 for the petrol version. The diesel variant of the car will cost between Rs.465,000 and Rs.499,000 in the national capital, top officials of the company said here.
Maruti launches hatchback Ritz, its 12th compact carMay 15th, 2009 NEW DELHI - India's largest carmaker Maruti Suzuki Friday rolled out its 12th compact model Ritz, a hatchback, priced between Rs.390,000 and Rs.480,000 for the petrol version. The diesel variant will cost between Rs.465,000 and Rs.499,000 in the national capital, top officials of the company said here.
Cummins cites loss of Chrysler business in closing Indiana plant, laying off 690 workersMay 9th, 2009 Cummins laying off 690 with Indiana plant closingCOLUMBUS, Ind. — Chrysler's production shutdown is causing Cummins to temporarily close a southern Indiana plant that makes diesel engines for Dodge Ram pickup trucks.
Maruti to launch new hatchback May 15May 5th, 2009 NEW DELHI - India's largest car maker Maruti Suzuki Tuesday said it will launch its new hatchback 'Ritz' May 15. 'Ritz, which will be available in petrol and diesel variants, will be India's first BS-IV compliant car,' the company said in a statement, referring to the Bharat Stage IV emission norms.
Maruti net down despite record turnover in 2008-09April 24th, 2009 NEW DELHI - India's largest car maker Maruti Suzuki has logged almost 30 percent decline in its net profit for 2008-09 despite recording the highest ever turnover in the company's 27-year history. The company's net profit for the fiscal stood at Rs.1,218.74 crore ($244 million), down 29.6 percent from Rs.1,730.82 crore in 2007-08, an official statement said Friday.
Maruti net down 54.2 percentJanuary 28th, 2009 NEW DELHI - Auto major Maruti Suzuki Thursday reported 54.2 percent year-on-year dip in its net profit for the quarter ended Dec 31. The company posted net profit of Rs.2.13 billion (Rs.213.57 crore/$47.46 million) for the October-December period, down from Rs.4.67 billion a year ago.
Haryana, Maruti to set up Rs.250mn driving schoolJanuary 15th, 2009 CHANDIGARH - Haryana has tied up with automobile giant Maruti-Suzuki to set up a Rs.250-million (Rs.25-crore) driving training and research school in the state. The foundation stone of the proposed school was laid by Haryana Chief Minister Bhupinder Singh Hooda at Bahadurgarh, 250 km from Chandigarh.
Maruti sales down 10 percent in DecemberDecember 31st, 2008 NEW DELHI - The government's move to reduce the Cenvat duty as part of the stimulus package announced early December does not seem to have brought cheers to the auto industry, with India's largest auto firm, Maruti Suzuki, registering a 10 percent negative growth in December. Data released by the company Thursday showed Maruti sold 56,293 vehicles last month, compared to 62,515 units sold in the same month in 2007.