New Delhi: The 13-day strike at the country's largest car maker Maruti Suzuki India's (MSI) Manesar plant in Gurgaon was called off on Thursday night following a deal brokered by Haryana Chief Minister Bhupinder Singh Hooda between the workers and the management. As part of the deal, MSI will reinstate all the sacked 11 workers and take a lenient approach on enforcing no-work-no-pay rule of eight day's salary cut for...
12:08 AM, Jun 17, 2011
Chandigarh: Toughing its stance against the ongoing employees' strike at Maruti Suzuki's Manesar plant, the Haryana government on Friday imposed a ban on the strike by passing prohibitory orders. The state government has passed orders prohibiting the continuance of the strike in the industrial unit, Haryana Minister of State for Labour and Employment Shiv Charan Lal Sharma in a statement issued on Friday. The government has also referred the matter...
03:05 PM, Jun 10, 2011
New Delhi: Maruti workers on strike in Manesar have been ordered to vacate the venue as they did not take permission to hold their strike. As the strike entered the sixth day, Haryana and All India Trade Union Congress members joined the workers. The 600 Maruti workers have been on strike, demanding that a new union be recognised. The production at the plant which manufactures 1200 cars a day has...
10:12 AM, Jun 09, 2011
New Delhi: Labour troubles have dealt car-maker Maruti a massive blow after 800 workers at its Manesar plant went on strike. The strike on the third day on Tuesday halted production and is causing a loss of Rs 40 crore a day in sales. Workers say they want their union, the Maruti Suzurki Employees Union, to be recognised by the management as they say they have to work in oppressive...
11:14 AM, Jun 08, 2011
Mumbai: The management of top car maker Maruti Suzuki is continuing talks with striking workers at its Manesar plant, a company spokesman said, as the strike entered its third day on Tuesday, disrupting output and weighing on its shares. About 800 workers have been on strike since Saturday at the Manesar plant in Haryana, demanding recognition for a new union. At present, Maruti has one workers' union that is recognized...
12:47 PM, Jun 07, 2011
New Delhi: The country's largest carmaker Maruti Suzuki India on Tuesday said it has increased the prices of its vehicles across all models by up to Rs 9,000 to offset rising input costs. "We have undertaken a price hike across the models ranging between 0.2 per cent and 2.4 per cent," a company official said. It will translate into a minimum increase of Rs 1,100 and a maximum of Rs...
03:15 PM, Apr 05, 2011
On this episode of Overdrive, we bring to you the Diesel version of SX4, G Wagon and much more. ...
09:13 PM, Feb 19, 2011
New Delhi: India's top car maker Maruti Suzuki geared up to cater to rising demand for luxury cars in the fast growing Indian market with the launch of Suzuki's premium sedan Kizashi. Maruti, which sells roughly half the cars sold in the Indian market, does not expect Kizashi to substantially boost its performance in the near term. "We are anticipating that this market will grow; there will be demand for...
05:58 PM, Feb 02, 2011
New Delhi: Fraudsters are on the prowl in the job market and are using names of big companies like Maruti Suzuki, Samsung and Videocon to entice unsuspecting applicants into their trap. The sudden rise in such fraud cases, where applicants are asked to make payments towards some incidental expenses, has led to the companies issuing public notices to warn against such fraudulent job offers. The fraudulent scheme, wherein job seekers...
05:11 PM, Jan 31, 2011
New Delhi: Rising cost of inputs and higher royalty paid to parent firm Suzuki hit the margins of India's largest car maker Maruti Suzuki, which reported a 17.7 per cent drop in net profit at Rs 565.2 crore for the quarter ended December 31. The company had posted a net profit of Rs 687.5 crore in the like quarter of previous fiscal. "The third quarter this year compared to the...
04:21 PM, Jan 29, 2011
It was in July 1983 that I first went to Hamamatsu, in Japan. Since then, I have been going there thrice a year. Trips to the city usually last for a few days and are packed with meetings at the Suzuki plant. We work on products that the company plans to launch in India over the next few years. I have seen how Hamamatsu has changed over three decades. These...
04:25 PM, Jan 21, 2011
New Delhi: Giving in to rising input cost pressures, the country's largest carmaker by sales, Maruti Suzuki India has increased prices of its vehicles by up to Rs 8,000 across models, except its newly launched compact car Alto K10. "Yes, we did increase the prices on January 17 ranging between 0.5 per cent and 2.2 pr cent," said Maruti Suzuki India Managing Executive Officer (Marketing and Sales) Mayank Pareek. Except...
04:23 PM, Jan 21, 2011
On this episode of Overdrive, we bring to you Suzuki's Kizashi and other news from the auto world. ...
03:50 PM, Jan 16, 2011
New Delhi: The country's largest car maker Maruti Suzuki’s completely 'Made in India' car will hit the roads by 2012. The company is likely to finalise the design within the next six months. According to the people related to the project for the car, the company will finalise the design, engine size and its market-positioning within the next six months. "It is likely that the made in India car will...
09:47 PM, Dec 20, 2010
Tokyo: Japan's Suzuki Motor Corp is planning to build a new factory in India capable of producing more than 250,000 vehicles a year, the Nikkei business daily reported on Sunday. Suzuki aims to start operations at the new plant as soon as 2013, the newspaper reported without citing a source. The automaker, which first started production in India in 1983, plans to expand output there to 1.45 million units by...
10:59 AM, Sep 05, 2010
New Delhi: Indian car market leader Maruti Suzuki on Wednesday reported its highest ever monthly sales of 23.6 per cent for August at 104,791 units as compared to 84,808 vehicles for the like period of 2009. According to the company, the domestic market for its cars grew at 32.5 per cent at 92,674 units in August as compared to 69,961 cars for the corresponding period of last year. "This is...
03:14 PM, Sep 01, 2010
