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Tag Archives: maruti car latest news

Slow sales, workers strike to dent Maruti’s Q1 earnings

Maruti Suzuki will report first quarter earnings next week amid an environment of expensive loans and high fuel prices, which have dented sales volumes for automobile makers in general. The sales slowdown and high raw material costs, add to that the workers strike at its Manesar plant, will dent India’s top passenger car maker’s net profit by up to 20% ... Read More »

Car sales growth slows in April

NEW DELHI: Car sales started the new fiscal on a modest note as rising interest rates and fuel prices are set to moderate demand from the scorching 30%-plus growth rate of 2010-11. Companies are already concerned about the “negatives” that are building up at a time when vehicle prices have gone up due to higher input costs, hitting affordability and ... Read More »