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Maruti Suzuki sales grow in Sep 2023: share price gains over 2% in one month

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  Maruti Suzuki has set a new record in car sales in September 2023. The company has recorded the highest monthly sales last month by selling 1,81,343 lakh vehicles. The company had sold 1,76,306 vehicles in the same month last year. During this period, the company also dispatched 1,76,306 vehicles to its dealers across the country. Let us tell you that the company had sold 1,56,114 units in August 2023. Let us know how was the performance of Maruti cars. Maruti Suzuki said in a statement that total domestic passenger vehicle sales rose 2% last month to 1,50,812 units from 1,48,380 units in September 2022. The company's total sales crossed the 10 lakh units mark in the April-September period. Maruti sold 10,50,085 vehicles in the first half of the current financial year, while the figure was 9,85,326 units in the same period of the last financial year. The carmaker said that this is the first time that the company has crossed the sales mark of 10 lakh units in 6 months.  Maruti Suz

Maruti Suzuki Company's production will be affected in first half of 2020

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Maruti Suzuki Company's production will be affected in first half of 2020 Maruti Suzuki Company mitigates challenging conditions due to measures of social disturbances in production, changes in working hours and labor management problems on the supply side, which is expected to affect production. RC Bhargava, chairman of the country's largest automaker Maruti Suzuki India, said on Tuesday that production at their assembly plants would be affected by at least September, as their vendors lack working hours and shifts. The carmaker has a combined manufacturing capacity of 1.5 million units at its Gurgaon and Manesar plants. In addition, Suzuki-owned Hansalpur (Gujarat) plant also has an installed capacity of 2.5 lakh units per annum from the first line.  Speaking at TOI talks, Bhargava said, “I would not have received 250,000 tax production under these operating conditions. Employee safety is a non-negotiable factor. Now with such practices and social remote measures

Coronavirus: Used Car market may accelerate after lockdown

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Coronavirus:  Used Car  market may accelerate after lockdown To maintain social distance, many users of public transport are likely to consider the option of owning an affordable set of wheels. As India awaits the lockdown implemented by the coronavirus, many are looking ahead and wondering how our dynamics will have to change in the coming times. People should be wary of using public transport to maintain social distance, be it metro, bus or train. Many passengers also will not have enough confidence in using the cab due to hygiene issues. And a large part of the population certainly cannot afford to buy a new car. There is also a lot of discussions that in this time of economic uncertainties many people would prefer to hold onto their cash rather than spend on buying a new vehicle. In such a scenario, cars can be used as the most likely solution to the rapidly changing mobility needs of coronaviruses. This is probably the only viable option as it resolves the dual purpose o

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