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Maruti Suzuki sells over 2 lakh BS VI-compliant vehicles

“The BS-VI petrol cars from Maruti Suzuki have been extensively tested with BS-IV fuel and there is no operational concern,”

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New Delhi, Oct 4 : Automobile Maruti Suzuki India on Friday reported that it has sold over 2 lakh BS-VI compliant vehicles in six months.

The company had launched its BS-VI range with Alto 800 and Baleno in April 2019, a year before the government stipulated timeline of April 2020.

At present, the complete range of Maruti Suzuki BS-VI compliant petrol models includes Alto 800, Baleno, WagonR (1.2 L), Swift, Dzire, Ertiga and the recently launched XL6 and S-Presso.

“The BS-VI compliant petrol vehicles will lead to a substantial reduction of nearly 25 per cent in nitrogen oxide (NOx) emissions,” the company said in a statement, adding that the BS-VI compliant petrol vehicles can run on BS-IV petrol also.

“The BS-VI petrol cars from Maruti Suzuki have been extensively tested with BS-IV fuel and there is no operational concern,” it said.

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Auto component industry’s turnover falls over 10% in H1

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Auto sector slowdown

New Delhi, Dec 6 : The slump in vehicle sales adversely impacted the financial performance of India’s auto component manufacturing industry during the period between April and September 2019, industry data showed on Friday.

According to data furnished by the Automotive Component Manufacturers Association of India, the industry turnover during the period under review declined by 10.1 per cent to Rs 1.79 lakh crore ($26.2 billion) over the first half of the previous year.

The industry body cited factors such as subdued vehicle demand, recent investments made for transition from BSIV to BSVI emission norms, liquidity crunch, lack of clarity on policy for electrification of vehicles among others, that adversely impacted the expansion plans of the sector.

However, auto components’ exports grew by 2.7 per cent to Rs 51,397 crore ($7.5 billion) in H1 2019-20 from Rs 50,034 crore ($7.3 billion) in H1 2018-19.

“Europe accounted for 32 per cent of exports followed by North America and Asia, with 30 per cent and 26 per cent respectively,” the association said.

“The key export items included drive transmission and steering, engine components, body or chasis, suspension and braking etc.”

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Maruti Suzuki to raise vehicle prices from Jan 2020

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Maruti Suzuki

New Delhi, Dec 3 : Automobile major Maruti Suzuki will increase vehicle prices from January 2020.

According to the company, the price increase is necessitated on account of increase in input cost.

Besides, the auto major said the “price increase shall vary for different models”.

“Over the past year, the cost of the company’s vehicles has been impacted adversely due to increase in various input costs,” it said in a regulatory filing.

“Hence, it has become imperative for the Company to pass on some impact of the above additional cost to customers through a price increase across various models in January 2020.”

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Inventory adjustment, slowdown dent two-wheeler Nov sales

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100cc motorcycle TVS Sport

Mumbai, Dec 3 : Inventory adjustment along with economic slowdown continued to decelerate two-wheeler segment sales in November on a year-on-year basis.

Accordingly, two-wheeler major Hero MotoCorp sold 516,775 units of scooters and motorcycles in November from 610,252 units sold during the corresponding period of last year.

“Hero MotoCorp has scaled up the production of its BS-VI vehicles, while discontinuing the production of several BS-IV models in an effort to migrate completely to the new emission era,” the company said in a statement.

“The company has stopped production of more than 50 variants of its BS-IV range of products while rapidly increasing the production of BS-VI vehicles.”

Another, two-wheeler major Honda Motorcycle & Scooter India’s total sales in November 2019 stood at 396,366 units, down from 418,367 units sold during the corresponding month of the previous year.

Two-and-three wheeler manufacturer, TVS Motor Company registered sales of 266,582 units in November 2019 as against sales of 319,965 units in the corresponding month of last year.

“Shifting of Diwali season to the earlier month and planned adjustment of BS IV stocks is reflecting in the sales growth difference between November 2018 and November 2019,” TVS Motor said in a statement.

On the other hand, Suzuki Motorcycle India reported a rise in its domestic sale to 60,855 units during the month under review from 53,058 units sold in November 2018.

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