Maruti Suzuki India slashes car prices
The discounts on various Maruti Suzuki models are over and above existing promotional offers.
The discounts on various Maruti Suzuki models are over and above existing promotional offers.
Though an uptick in demand is expected in the October-November festive season, experts do not see an immediate revival for the sector.
The country’s largest carmaker announces a dividend of ₹80 per share and says it will phase out diesel cars from April next year.
India’s largest carmaker posted a steep decline in net profit due to higher costs and lower volumes.
Levying taxes on petrol and diesel vehicles to promote electric vehicles will discourage the whole sector, say experts.
Maruti Suzuki has fended off competition to remain at the top for more than three decades. But can it shed its image of being just a maker of small cars to stay ahead of hipper brands?
India’s largest car maker reports a 10% increase in net profit for Q4, but it came in below analysts’ estimates.