Maruti Suzuki

Maruti Registers Production Increase by 4 Percent after Nine Months of Decline

Maruti Registers Production Increase by 4 Percent after Nine Months of Decline

Maruti Suzuki India registered 4.3 percent increase in production during November, compared to the same month in year 2018.

Maruti Stock Recommendation by Romesh Tiwari CapitalAim: CMP 7391 / Target 8500

Maruti Stock Recommendation by Romesh Tiwari CapitalAim: CMP 7391 / Target 8500

Automobile sector in India is facing tough times and Maruti was one of the automobile majors to announce production cuts.

Maruti Domestic Sales Up 6.88%

Maruti SuzukiMaruti Suzuki India Ltd (MSIL), car market leader, has announced a growth of 6.88 percent in its domestic car sales during December 2007.

The company sold 58,401 units in the domestic market, as compared to 54,640 units in the same period of the last year.

The company also said that, in all, it sold 62,515 vehicles during December 2007 which showed an increase of 10 percent from 56,985 vehicles sold in the December 2006.

During the same period, MSIL exported 4,114 units as compared to 2,345 units in Dec 2006.

Maruti Tops J D Power Customer Satisfaction Survey For 2007

maruti_logoNew Delhi: Maruti Suzuki India (MSIL) has topped the J D Power Asia Pacific customer satisfaction index for 2007.

The country's biggest largest car maker has scored 838 points out of 1000, and becomes the only carmaker to score above the industry average of 777 points.

Honda, Hyundai, Toyota and Ford made 765, 745, 740 and 737 points respectively, and registered their names in the top five of the list. Skoda, Mahindra, Chevrolet and Tata scored 736, 733, 731 and 690 respectively and mentioned among top names in the study.

Maruti To Introduce iCATs

Maruti Ltd.Following the European Union way of employing hi-tech anti-theft devices in cars, the largest Indian car manufacturer, Maruti Udyog, is set to introduce the immobilizer system, iCATs, across all its models.

iCATs (intelligent Computerized Anti-Theft system) works on the principle of multiplexed communication where an inbuilt transponder, into the car key, carries a unique electronic identification and a secret code that digitally communicates with the engine computer via a controller. The car engine starts only if the secret code matches thus preventing the car from being stolen.