View photosA worker works next to the assembly line of the Hyundai Motor India Ltd. plant at Kancheepuram district in Tamil NaduMore (This Aug 22 story corrects paragraph 5 to remove the number of cuts at Denso and adds company response) By Sudarshan Varadhan and Aditi Shah NEW DELHI (Reuters) – With India’s auto sales… Continue reading Corrected: Auto companies in India cut more jobs, halt production to tackle slowdown
Tag: Suzuki
August 22Suzuki Becomes Corporate Partner of ispace’s HAKUTO-R Program
22 August 2019 Suzuki Motor Corporationispace, inc Suzuki Becomes Corporate Partner of ispace’s HAKUTO-R ProgramSuzuki to Contribute Structural Analysis for Lunar Lander TOKYO – August 22, 2019 – Suzuki Motor Corporation (“Suzuki”), a Japanese multinational automaker, and ispace, inc. (“ispace”), a lunar exploration company headquartered in Tokyo, Japan, are pleased to jointly announce that Suzuki… Continue reading August 22Suzuki Becomes Corporate Partner of ispace’s HAKUTO-R Program
Why shift from manual to automatic car, Maruti Suzuki explains
NEW DELHI: Gone are those days, when automated manual transmission found its place only in the leatherette of premium cars. Breaking the norm in 2014, Maruti Suzuki introduced AMT (or as the company calls it Auto Gear Shift) in its compact hatchback, Celerio. The entire line up of entry-level offerings now employ AMT as an… Continue reading Why shift from manual to automatic car, Maruti Suzuki explains
70% of petrol car line up turned into BS-VI: Maruti Suzuki
NEW DELHI: Maruti Suzuki on Tuesday announced the company has converted 70% of its petrol car line up to BS-VI compliance.Maruti Suzuki currently sells half a dozen BS-VI compliant models including Alto 800, WagonR (1.2L), Swift, Baleno, Dzire and Ertiga. Baleno, upgraded to BS-VI compliance in April 2019, was first to witness the change. The… Continue reading 70% of petrol car line up turned into BS-VI: Maruti Suzuki
‘£500million annual profit is not enough for car makers to survive’
Ever get the feeling that some corporations charge motorists too much for car-related products? That their profit margins are obscenely high? That they’d still be fabulously profitable, even if they seriously slashed their retail prices? For emergency and other reasons, the mobile phone is essential for today’s car user, and the iPhone is among the… Continue reading ‘£500million annual profit is not enough for car makers to survive’
Over 3,000 temporary jobs cut due to slowdown: Maruti Suzuki
“This is a part of the business, when demand soars, more contract workers are hired and reduced in case of low demand,” said MSI chairman RC Bhargava New Delhi: Over 3,000 temporary employees have lost jobs with the country’s largest carmaker Maruti Suzuki India (MSI) due to the ongoing slump in the automobile industry, a… Continue reading Over 3,000 temporary jobs cut due to slowdown: Maruti Suzuki
Maruti Suzuki discontinues 1.3-litre diesel engine from Ertiga
Maruti Suzuki discontinues 1.3-litre diesel engine from Ertiga
Magyar Suzuki hits three-decade peak in Esztergom
Magyar Suzuki has closed the strongest month in its 27-year history in Hungary.In July 2019, a total of 3,944 new Suzuki cars were registered, making Magyar Suzuki – with its 25.8% market weight- the only player on the domestic passenger car market with a two-digit share.The third most popular Suzuki model on the Hungarian market, the Swift, saw 338 units registered in July.
Auto industry seeks stimulus package from government
The auto industry also wants the government to direct banks not to reduce lending to those segments which has the lowest NPA, such as the passenger vehicles segment. NEW DELHI: Auto industry leaders on Wednesday asked the government for a stimulus package, including GST reduction on vehicles, for the sector which has been hit by… Continue reading Auto industry seeks stimulus package from government
Tens of thousands losing jobs as India’s auto crisis deepens
The malaise has been spreading across much of the industry, both in terms of vehicle type and components as well as geographically in India’s manufacturing hubs. By Sudarshan Varadhan, Aditi Shah and Aftab Ahmed NEW DELHI : Slumping sales of cars and motorcycles are triggering massive job cuts in India’s auto sector, with many companies… Continue reading Tens of thousands losing jobs as India’s auto crisis deepens