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Maruti Suzuki cuts prices and works with government to recover demand M aruti Suzuki India Limited today announced that it will share the benefits of corporate tax reductions with customers, welcoming government initiatives to revive demand in the automotive industry. The company decided to reduce the price of some models by Rs 5,000 /-(prior to showroom). These popular models include all types. Alto 800, Alto K10, Swift Diesel, Celerio, Baleno Diesel, Ignis, Desire Diesel, Tour S Diesel, Vitara Brezza and S-Cross. The new price will be applied from September 25, 2019 nationwide. This price reduction exceeds the current promotional offer for our vehicle range. The company is optimistic that price reductions will reduce acquisition costs, especially for entry-level customers. This announcement before and after the festive season will help to stimulate the market to increase customer sentiment and create demand.

The Maruti and Toyota subsidiary will set up a car-destroying plant. A s the government is developing a policy for scrapping older vehicles in India, Maruti Suzuki decided to set up an old vehicle dismantling plant with a Toyota subsidiary. Maruti and Toyota Tsusho India will supply, dismantle and process end-of-life vehicles, as well as sell and sell scrap metal and other products resulting from such activities, TOI sources said. In this way, the Maruti-Toyota venture will be the second large joint venture in the automotive industry to work in a high-class vehicle scrapping plant in India, following in the footsteps of Mahindra and Mahindra (through its subsidiary Mahindra Accelo), which has established cooperation with MSTC from the sector public. They both founded a recycling plant in Greater Noida. Toyota Tsusho is already active in India and is involved in the production and marketing of auto parts and components, steel cutting and processing, import and export of auto parts

First month sales of Kia Motors beat half a dozen car brands in India. With the launch of the first Celtos product, Kia made its mark as the seventh car manufacturer in India. In the first month of the sale commencing, South Korean carmaker Kia Motors India has outsourced half a dozen foreign carmakers such as Ford, Renault, Nissan, Skoda etc. With the launch of the first product —  Seltos , Kia has identified itself as the 7th largest carmaker in the country, while other new entry MG Motors rank 11th among a total of 14 big brands. Rank OEMs August 2019 Sales 1 Maruti Suzuki 95,506 2 Hyundai Motor India 38,205 3 Mahindra 13,507 4 Toyota 10,701 5 Honda 8,291 6 Tata 7,316 7 Kia Motor 6,200 8 Renault 5,700 9 Ford 5,517 10 Volkswagen 2,300 11 MG Motor* 2,018 12 Nissan 1,413 13 Skoda 1,164 14 Fiat 609 *MG Motor reports retail sales Kia will sell more than 6200 units of Celtos by August 2019, while Ford and Renault, which have more products in their guit