Maruti Suzuki Q1 net profit jumps 145% to ₹2,485 cr
Shortage of electronic components in the April-June quarter resulted in over 28,000 vehicles not being produced, says Maruti Suzuki
Shortage of electronic components in the April-June quarter resulted in over 28,000 vehicles not being produced, says Maruti Suzuki
MSIL chairman RC Bhargava says that a three-row, strong hybrid vehicle will be sourced from Toyota Kirloskar Motor (TKM).
According to Global NCAP, while WagonR scored one rating in the adult occupant protection category, AltoK10 scored two stars in the category.
Sales in domestic market stood at 420,376 units, a decline of 8% over that in Q4 FY21. However, the sales in the export market were at quarterly high of 68,454 units.
Maruti’s decision to hike prices comes after similar moves by Tata Motors and Hyundai; the price hikes, rising input costs, and the shortage of key materials have dealt a blow to the auto industry