Showing posts with label Maruti. Show all posts
Showing posts with label Maruti. Show all posts

Saturday, April 18, 2009

Awaited May 2009 : Next surprise from Maruti

Maruti Suzuki will add yet another small car to its range this summer and to add to the rising temperatures, the company decided to jet off to sweltering Malaysia to put together its commercial campaign for the new car. Back in India, the company was busy rolling out the first of its K12M engines that will power the new addition to its portfolio. In most countries it is called the Splash, but in India it will feature the Ritz moniker.

Based on the Swift platform, the Ritz is just 3.7 metres long. Designed to replace the Wagon-R in European markets, the Ritz is about 18 centimetres longer. The design of the car is in line with the current range of Suzukis and despite the tall boy approach, it looks less top heavy than the boxy Wagon-R. With the extra length, it has managed to liberate more interior room and this makes it a better environment to be in. Like always, there are bits and pieces of the Swift that can be found on the inside, but the overall quality is better than the Wagon-R.

With near similar underpinnings and the option of a petrol engine to begin with, the Maruti Ritz will take on the likes of the Hyundai i10 Kappa with its new K12M engine. This 1197cc four-cylinder uses a DOHC configuration just like the Kappa, but produces even more power. Rated at 84 bhp@6000 rpm, the power figure is just as impressive as the torque — at 11.4 kgm@4500 rpm. So how come Maruti have managed to pull it off? Well, they’ve adopted an all-aluminium engine with an innovative rocker-less DOHC camshaft, a distributorless ignition system, lighter pistons and nut-less conrods and a new silent timing chain to reduce NVH.

To assemble this marvel of an engine, Maruti Suzuki has localised most of the engine components to keep costs in check. This means when the engines roll out from Maruti’s Gurgaon drivetrain facility, they will be priced competitively enough to ensure the Ritz stays in the hunt of its competition. While the car is also available internationally with the 1.3-litre DDiS engine, we won’t get it for now, until Maruti can satisfy the demands of the Swift and Swift Dzire with its limited production capacity.

While Maruti is tight-lipped about prices just yet, we think it’ll be priced around the i10 Kappa, which puts it in the Rs 4.25 to 5.25 lakh range. Given its slightly larger dimensions and better interior room, it could be a probable winner in the Indian market when it rolls out in May. A sizzling battle for your wallets is in the offering.

Monday, May 12, 2008

Swift completes 2-lakh sales to become fastest selling car in India

Country's largest car maker Maruti Suzuki's runaway success with 'Swift' has crossed a new milestone in sales - two lakh units - with the car becoming one of the fastest selling models in India since its launch three years ago to achieve this feat.

"Maruti Swift has attained new benchmarks very swiftly. It has emerged as the fastest selling car in India by completing the two-lakh units sales mark in less than 36 months," a company official said.

The company launched this premium hatchback in petrol variant on May 25, 2005. In its first year of launch, it clocked sales of 61,200 units.

"The popularity of petrol version inspired the company to launch a diesel variant in January 2007, powered by much acclaimed and the most compact diesel engine in its category," he said.

At present, 60% of 'Swift' produced, are in diesel variant.

Besides, Maruti also registered a sale of 9,490 units of 'Swift' during April, the highest sale in a single month.

"It is the only model to undergo a face-lift in less than three years of its launch. The company launched a refreshed version of Swift earlier this year," the company official said.

According to the monthly data of Society of Indian Automobile Manufacturers, Maruti sold 51,766 vehicles in the domestic market under all categories during April, a jump of 22.30 per cent over the previous year's corresponding sale of 42,326 units.

Maruti's this successful model, which is priced in the range of Rs 4 lakh to Rs 5.17 lakh, is awarded with numerous national and international awards over the last three years.

Saturday, March 15, 2008

Desert Storm rally flagged off


The sixth edition of the Desert Storm rally was ceremoniously flagged off by Maruti's Chief General Manager RS Kalsi from Uppal's Orchid on Thursday.But this year, the grueling rally has something for everyone. Not only will the winners of all categories - PRO (for professionals 4wd & 2wd), NAV (for amateurs SUVs) and NAV (cars), get Rs one lakh purse, they will also get to rally for the first time ever at night.The night leg will be held near Bikaner. Rally enthusiasts will also get to traverse over sand dunes, another first, for the competitors.Last year winner Khushwant Randhawa and Sunny Siddhu will be among several favourites for the top honour. "I have missed out twice here in last two years, hopefully I can do it this time," Siddhu said before the flag off. Politician and socialite Nafisa Ali's brother, Niyaz Ali is also among the hopefuls. He is teaming up with Kim for the sole foreign entry in the competition.But interestingly the car that they had built for the rally - Suzuki's Grand Vitara - is stationed in Dubai, as it was lost in transit. They had to borrow Sarika Sehrawat's Gypsy, to participate. "Thanks to Sarika we are in the rally. She lent us her Gypsy," Kim said.The four-day carnival will be officially flagged off from Jaipur on Friday and will cover a distance of over 2200 kilo metres giving the drivers a lifetime opportunity to explore India.

Saturday, March 1, 2008

Maruti receives appreciation award from CBEC

Car market leader Maruti Suzuki India Ltd on Monday said it has received an appreciation award from Central Board of Excise and Customs (CBEC), Finance Ministry, for its contribution to the national exchequer.

The company has paid a gross excise of Rs 2,635 crore to the government during the April-January period of the current fiscal, up 26.7 per cent over the same period of last fiscal, MSIL said in a statement. The appreciation award was given to the company by Finance Minister P Chidambaram on February 24.

News : Maruti pays Rs 2,635-Cr. excise


Maruti Suzuki India Ltd (MSIL) has been awarded by the Central Board of Excise and Customs under the Ministry of Finance for paying a gross excise of Rs 2,635 crore during April-January 2007-08, an increase of over 26.7 per cent compared to the corresponding period the previous fiscal. The Finance Minister, Mr P. Chidambaram, presented the award for its contribution to the national exchequer. The increase in excise payment in this fiscal is on account of higher sales by the company and a faster growth in higher value models, Maruti Suzuki said in a statement.

Saturday, February 23, 2008

Maruti Suzuki, Mundra Port ink pact for mega car terminal

Maruti Suzuki India Ltd (MSIL) and Mundra Port and Special Economic Zone Ltd (MPSEZL) signed an agreement for a mega car terminal, expected to be operational by December 2008, at Mundra in Kutch district of Gujarat.

The agreement was signed by Mr Shinzo Nakanishi, Managing Director and CEO, MSIL, and Mr Gautam S. Adani, Chairman and MD, MPSEZL, at Mundra Port in the presence of senior officials from MSIL & MPSEZL.

The initial investment in the project is expected to be around Rs 100 crore. Of this, MPSEZL will invest Rs 60 crore in setting up infrastructure at the port. MSIL will invest Rs 40 crore to set up a Pre-Delivery Inspection (PDI) centre at the port premises. MPSEZL is planning to augment the port infrastructure in due course of time, a company spokesman said.
Maruti Suzuki will commence export operations at Mundra Port from January 2009. In view of increasing export volumes, it will continue exports from Mumbai as well. This mega car terminal's PDI Centre, spread over 7,500 square metres, would conduct the final quality check before the cars are loaded on ships for export. The Rs 40 crore being invested in this facility is part of the Rs. 9,000-crore investment plan announced by MSIL and Suzuki Motor Corporation (SMC) of Japan. MSIL, a subsidiary of SMC, is the leader in passenger cars and MPVs in India, accounting for almost 55 per cent of total industry sales. It offers 10 models, ranging from the people¿s car Maruti 800 to the stylish hatch-back Swift, SX4 Sedan and luxury SUV Grand Vitara.

Listed on the BSE and NSE, the company had a net sales turnover of $3.25 billion and net profit of $347 million 2006-07.

Mundra Port and SEZ is India's largest private sector port and SEZ, having handled over 20 million tonnes of wide range of cargo including bulk, break bulk, liquid, containers as well as automobiles during first nine months of 2007-2008. The SEZ which is planned over 32,000 acres of land will be self-contained with power, water, social infrastructure, airport, railway line, banking services etc and will house variety of manufacturing and servicing units.