New Delhi: Car sales in August grew a robust 25.5% as companies despatched more vehicles to dealerships to boost stocks ahead of the demand spurt in forthcoming festive season. Maruti, Hyundai, Tata and Mahindra led the growth in car and passenger vehicle sales after a 31% growth in July.

NEW DELHI: Further reiterating its commitment towards the Indian market, Maruti Suzuki India Ltd. (MSIL) has decided to develop a world-class research and development complex in the country. The Rs.

CAR sales registered seventh straight month of growth in June, helped by the launch of new models and falling interest rate on auto loans.

The country's largest manufacturer of passenger vehicles, Maruti Suzuki, today announced plans to offer the CNG fuel option in select modelsby 2010.

"We hope to make available at least one vehicle model in each segment that is CNG-fuelled," Maruti Suzuki's Managing Executive Officer (Engineering) I V Rao said. Maruti also announced that it will stop making LPG-powered vehicles.

The country

Move to reduce ballooning interest cost borne by dealers.

This move has resulted in reduction in interest cost by as much as 20 per cent, say dealers

Choking up with more vehicles leads to tight working capital for the dealers

K. Giriprakash

Vijay C Roy / Chandigarh May 21, 2009, 0:11 IST
Maruti Suzuki India Ltd is in talks with the Haryana government to set up a research and development (R&D) centre, including a testing track, in the state. The proposed project, spread over 500 acres, is likely to be at Manesar and would attract an investment of Rs 1,800 crore.

On the back of huge export volumes for its compact car A-Star, designed specially for the European markets, auto major Maruti Suzuki is targeting to increase its export sales to grow at more than 85 per cent to 1,30,000 units during the current fiscal.

The company is targeting to export close to one-lakh units of A-Star alone, during the current fiscal.


Indian carmakers expect the small car segment to help revive an otherwise flagging automobile sector, trampled by poor consumer spending and lack of finance. The mini car segment currently forms about 75 per cent of the entire Indian automobile industry.

Maruti Suzuki India on Friday said it was working on hybrid vehicles, which are expected to be demonstrated in the Commonwealth Games next year, as part of a hybrid development project by the government.