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Maruti Suzuki
From Wikipedia, the free encyclopedia
Public (BSE MARUTI, NSE MARUTI) 1981 (as Maruti Udyog Limited) Delhi, India Mr. Shinzo Nakanishi, Managing Director and CEO Automotive Automobiles
Key people
Maruti Suzuki India Limited (Hindi: ) is a publicly listed automaker in India. It is the largest automobile manufacturer in South Asia. Suzuki Motor Corporation of Japan holds a majority stake in the company. It was the first company in India to mass-produce and sell more than a million cars. It is largely credited for having brought in an automobile revolution to India. It is the market leader in India and on 17 September 2007, Maruti Udyog Limited was renamed Maruti Suzuki India Limited. The company's headquarters are located in Delhi.
Contents
[hide]
1 Profile 2 Partner for the joint venture 3 Joint venture related issues 4 Industrial relations 5 Services offered
5.1.1 Manufactured Locally 5.1.2 Imported 5.1.3 Discontinued Car Models 5.2.1 Gurgaon Manufacturing Facility 5.2.2 Manesar Manufacturing Facility
5.3 Sales and Service Network 5.4 Maruti Insurance 5.5 Maruti Finance 5.6 Maruti TrueValue 5.7 N2N Fleet Management 5.8 Accessories 5.9 Maruti Driving School
6 Exports 7 See also 8 References and notes 9 External links 10 Official Websites
[edit] Profile
The old logo of Maruti Suzuki India Limited. Later the logo of Suzuki Motor Corp. was also added to it
Maruti Suzuki plant in Gurgaon Maruti Suzuki is one of India's leading automobile manufacturers and the market leader in the car segment, both in terms of volume of vehicles sold and revenue earned. Until recently, 18.28% of the company was owned by the Indian government, and 54.2% by Suzuki of Japan. The Indian government held an initial public offering of 25% of the company in June 2003. As of 10 May 2007, Govt. of India sold its complete share to Indian financial institutions. With this, Govt. of India no longer has stake in Maruti Udyog. Maruti Udyog Limited (MUL) was established in February 1981, though the actual production commenced in 1983 with the Maruti 800, based on the Suzuki Alto kei car which at the time was the only modern car available in India, its' only competitors- the Hindustan Ambassador and Premier Padmini were both around 25 years out of date at that point. Through 2004, Maruti Suzuki has produced over 5 Million vehicles. Maruti Suzukis are sold in India and various several other countries, depending upon export orders. Models similar to Maruti Suzukis (but not manufactured by Maruti Udyog) are sold by Suzuki Motor Corporation and manufactured in Pakistan and other South Asian countries. The company annually exports more than 50,000 cars and has an extremely large domestic market in India selling over 730,000 cars annually. Maruti 800, till 2004, was the India's largest selling compact car ever since it was launched in 1983. More than a million units of this car have been sold worldwide so far. Currently, Maruti Suzuki Alto tops the sales charts and Maruti Suzuki Swift is the largest selling in A2 segment. Due to the large number of Maruti 800s sold in the Indian market, the term "Maruti" is commonly used to refer to this compact car model. Till recently the term "Maruti", in popular Indian culture, in India hindu's lord Hanuman is known as "maruti", was associated to the Maruti 800 model. Maruti Suzuki has been the leader of the Indian car market for over two decades. Its manufacturing facilities are located at two facilities Gurgaon and Manesar south of Delhi. Maruti Suzukis Gurgaon facility has an installed capacity of 350,000 units per annum. The
Manesar facilities, launched in February 2007 comprise a vehicle assembly plant with a capacity of 100,000 units per year and a Diesel Engine plant with an annual capacity of 100,000 engines and transmissions. Manesar and Gurgaon facilities have a combined capability to produce over 700,000 units annually. More than half the cars sold in India are Maruti Suzuki cars. The company is a subsidiary of Suzuki Motor Corporation, Japan, which owns 54.2 per cent of Maruti Suzuki. The rest is owned by the public and financial institutions. It is listed on the Bombay Stock Exchange and National Stock Exchange in India. During 2007-08, Maruti Suzuki sold 764,842 cars, of which 53,024 were exported. In all, over six million Maruti Suzuki cars are on Indian roads since the first car was rolled out on 14 December 1983. Maruti Suzuki offers 15 models, Maruti 800, Alto, WagonR, Estilo, A-star, Ritz, Swift, Swift DZire, SX4, Omni, Eeco, Gypsy, Grand Vitara. Swift, Swift DZire, A-star and SX4 are maufactured in Manesar, Grand Vitara is imported from Japan as a completely built unit (CBU), remaining all models are manufactured in Maruti Suzuki's Gurgaon Plant. Suzuki Motor Corporation, the parent company, is a global leader in mini and compact cars for three decades. Suzukis technical superiority lies in its ability to pack power and performance into a compact, lightweight engine that is clean and fuel efficient. Nearly 75,000 people are employed directly by Maruti Suzuki and its partners.It has been rated first in customer satisfaction among all car makers in India from 1999 to 2009 by J D Power Asia Pacific[2]. Further information: Timeline of Maruti Suzuki
Maruti Suzuki's A-Star vehicle during its unveiling in Pragati Maidan, Delhi. A-Star, Suzuki's fifth global car model, was designed and is made only in India.[4] Besides being Suzuki's largest subsidiary in terms of car sales, Maruti Suzuki is also Suzuki's leading research and development arm outside Japan Relationship between the Government of India, under the United Front (India) coalition and Suzuki Motor Corporation over the joint venture was a point of heated debate in the Indian media till Suzuki Motor Corporation gained the controlling stake. This highly profitable joint venture that had a near monopolistic trade in the Indian automobile market and the nature of the partnership built up till then was the underlying reason for most issues. The success of the joint venture led Suzuki to increase its equity from 26% to 40% in 1987, and further to 50% in 1992. In 1982 both the venture partners had entered into an agreement to nominate their candidate for the post of Managing Director and every Managing Director will have a tenure of five years[5] Initially R.C.Bhargava, was the managing director of the company since the inception of the joint venture. Till today he is regarded as instrumental for the success of Maruti Suzuki. Joining in 1982 he held several key positions in the company before heading the company as Managing Director. Currently he is on the Board of Directors.[6] After completing his five year tenure, Mr. Bhargava later assumed the office of Part-Time Chairman. The Government nominated Mr. S.S.L.N. Bhaskarudu as the Managing Director on 27 August 1997. Mr. Bhaskarudu had joined Maruti Suzuki in 1983 after spending 21 years in the Public sector undertaking Bharat Heavy Electricals Limited as General Manager. Later in 1987 he was promoted as Chief General Manager, 1988 as Director, Productions and Projects, 1989 Director, Materials and in 1993 as Joint Managing Director. Suzuki Motor Corporation didn't attend the Annual General Meeting of the Board with the reason of it being called on a short notice.[7] Later Suzuki Motor Corporation went on record to state that Mr. Bhaskarudu was "incompetent" and wanted someone else. However, the Ministry of Industries, Government of India refuted the charges. Media stated from the Maruti Suzuki sources that Bhaskarudu was interested to indigenise most of components for the models including gear boxes especially for Maruti 800. Suzuki also felt that Bhaskarudu was a proxy for the Government and would not let it increase its stake in the venture.[8] If Maruti Suzuki would have been able to indigenise gear boxes then Maruti Suzuki would have been able to manufacture all the models without the technical assistance from Suzuki. Till today the issue of localization of gear boxes is highlighted in the press.[9] The relation strained when Suzuki Motor Corporation moved to Delhi High Court to bring a stay order against the appointment of Mr. Bhaskarudu. The issue was resolved in an out-ofcourt settlement and both the parties agreed that R S S L N Bhaskarudu would serve up to 31 December 1999, and from 1 January 2000, Jagdish Khattar, Executive Director of Maruti Udyog Limited would assume charges as the Managing Director.[10] Many politicians
believed, and had stated in parliament that the Suzuki Motor Corporation is unwilling to localize manufacturing and reduce imports. This remains true, even today the gear boxes are still imported from Japan and are assembled at the Gurgaon facility.
Maruti 800
Maruti Omni
India's Corps of Military Police personnel patrolling the Wagah border crossing in the Punjab in a Maruti Gypsy.
Suzuki SX4
Suzuki Splash is sold as Maruti Suzuki Ritz in India. [edit] Manufactured Locally
1. 800 (Launched 1983) 2. Omni (Launched 1984) 3. Gypsy (Launched 1985)
4. WagonR Launched 2001) 5. Alto (Launched 2000) 6. Swift (Launched 2005) 7. Estilo (Launched 2006) 8. SX4 (Launched 2007) 9. Swift DZire (Launched 2008) 10. A-star (Launched 2008) 11. Ritz (Launched 2009) 12. Eeco Launched 2010)
[edit] Imported
Maruti Zen
Maruti Baleno
Maruti Suzuki is one of the companies in India which has unparalleled sales and service network. As of 2009 it currently has 681 dealerships across 454 cities. To ensure the vehicles sold by them are serviced properly, Maruti Suzuki has 779 dealer workshops, 1,945 Maruti Authorized Service Stations and 30 Express Service Stations on 30 National Highways across 1,314 cities in India. Service is a major revenue generator of the company. Most of the service stations are managed on franchise basis, where Maruti Suzuki trains the local staff. Other automobile companies have not been able to match this benchmark set by Maruti Suzuki. The Express Service stations help many stranded vehicles on the highways by sending across their repair man to the vehicle.[13]
Citicorp Maruti Finance Limited is a joint venture between Citicorp Finance India and Maruti Udyog Limited its primary business stated by the company is "hire-purchase financing of Maruti Suzuki vehicles". Citi Finance India Limited is a wholly owned subsidiary of Citibank Overseas Investment Corporation, Delaware, which in turn is a 100% wholly owned subsidiary of Citibank N.A. Citi Finance India Limited holds 74% of the stake and Maruti Suzuki holds the remaining 26%.[19] GE Capital, HDFC and Maruti Suzuki came together in 1995 to form Maruti Countrywide.[20] Maruti claims that its finance program offers most competitive interest rates to its customers, which are lower by 0.25% to 0.5% from the market rates.maruti is the best car in the world
[edit] Accessories
Many of the auto component companies other than Maruti Suzuki started to offer components and accessories that were compatible. This caused a serious threat and loss of revenue to Maruti Suzuki. Maruti Suzuki started a new initiative under the brand name Maruti Genuine Accessories to offer accessories like alloy wheels, body cover, carpets, door visors, fog lamps, stereo systems, seat covers and other car care products. These products are sold through dealer outlets and authorized service stations throughout India.[23]
A Maruti Driving School in Chennai As part of its corporate social responsibility Maruti Suzuki launched the Maruti Driving School in Delhi. Later the services were extended to other cities of India as well. These schools are modelled on international standards, where learners go through classroom and practical sessions. Many international practices like road behaviour and attitudes are also taught in these schools. Before driving actual vehicles participants are trained on simulators.
[24]
"We are very concerned about mounting deaths on Indian roads. These can be brought down if government, industry and the voluntary sector work together in an integrated manner. But we felt that Maruti should first do something in this regard and hence this initiative of Maruti Driving Schools." Jagdish Khattar, at the launch ceremony of Maruti Driving School, Bangalore
[edit] Exports
Maruti Exports Limited is the subsidiary of Maruti Suzuki with its major focus on exports and it does not operate in the domestic Indian market. The first commercial consignment of 480 cars were sent to Hungary. By sending a consignment of 571 cars to the same country Maruti Suzuki crossed the benchmark of 300,000 cars. Since its inception export was one of the aspects government was keen to encourage. Every political party expected Maruti Suzuki to earn foreign currency. Angola, Benin, Djibouti, Ethiopia, Europe, Kenya, Morocco, Sri Lanka, Uganda, Chile, Guatemala, Costa Rica and El Salvador are some of the markets served by Maruti Exports.
Reports from workers employed at Maruti Suzuki and at supplying factories in Gurgaon Workers News No.8 Balance Sheet of Maruti Udyog Limited:myIRIS.com Stock Prices of Maruti Udyog Limited on BSE and NSE from MyIris.com Maruti Suzuki Launches Its New Car Estilo 2009 Maruti to drive in Eeco as Versa's new avatar Maruti to hold world premiere of concept MPV at Auto Expo Maruti to unveil its designed-in-India car at auto show Maruti to show its green cars in Auto Expo Maruti Suzuki to showcase an array of 17 vehicles at Auto Expo Maruti Suzuki ends 2009 with big gains Maruti Suzuki: Expect Sales to Grow 10%-12% Next Year Maruti Suzuki crosses 1 lakh retail sales Maruti Suzuki's New YP3 Engine Will Concept R3 be an image-changer for Maruti? Maruti set to double exports Maruti records highest-ever monthly sales Maruti looks to drive out of Suzuki's shadow, ramp up R&D for solo show Maruti decides to phase out 800 Maruti Suzuki Kizashi all set to hit the Indian market Maruti Suzuki Kizashi priced Rs10 lakh plus Suzuki's Kizashi is a name worth knowing Maruti Suzuki to set up regional stockyards
Maruti Suzuki Maruti True Value Maruti Driving School Suzuki Maruti Udyog Official Website Maruti 800 Official Website Maruti Alto Official Website Maruti Omni Official Website Maruti EECO Official Website Maruti Gypsy Official Website Maruti Wagonr Official Website Maruti a-star Official Website Maruti Suzuki Estilo Official Website Maruti Swift Official Website
Maruti Swift Dzire Official Website Maruti Ritz Official Website Maruti SX4 Official Website Maruti Grand Vitara Official Website Maruti True Value -(Sale / Purchase of Second Hand Cars of Maruti )
Companies portal
[show]
vde
City car
Subcompac t
Compact
Omni Versa
[show]
vde
Cars in India
M a n u f a Audi BMW Fiat Ford India General Motors Hindustan Motors Honda c Hyundai Jaguar Cars Mahindra Maruti Suzuki Mercedes-Benz koda Auto t Tata Motors Toyota Volkswagen u r e r s H a t c Maruti 800 Maruti Alto Maruti A-Star Chevrolet Aveo U-VA koda Fabia h Hyundai Getz Hyundai i10 Hyundai i20 Tata Indica Honda Jazz Tata Nano b Chevrolet Optra SRV Maruti Suzuki Ritz Hyundai Santro Chevrolet Spark Maruti a Suzuki Swift Maruti Suzuki Wagon-R Maruti Suzuki Estilo c k s S e d a n s Ford Ikon Ford Fiesta Tata Indigo Maruti Swift Dzire Suzuki SX4 HM Ambassador Chevrolet Aveo Honda City Honda Civic Toyota Corolla koda Octavia Mercedes-Benz C-Class BMW 3 Series BMW 5 Series Toyota Camry Honda Accord
S Tata Safari Mahindra Scorpio Honda CR-V Chevrolet Captiva Maruti Gypsy U Suzuki Grand Vitara Toyota Land Cruiser Prado Volkswagen Touareg Nissan XV Trail Mitsubishi Outlander Mitsubishi Pajero Hyundai Tucson Ford Endeavour s Mitsubishi Montero BMW X3 BMW X5 BMW X6 Audi Q7 Audi Q5 V Chevrolet Tavera Maruti Eeco Maruti Omni Maruti Versa Tata Sumo Tata a Magic Toyota Qualis Toyota Innova Mahindra Xylo n s
, M P V s a n d M U V s T r u c Mahindra Bolero Camper Mahindra Maxx Pickup Mahindra Scorpio Getaway k s H i s t o r i c o r Premier Padmini Maruti Zen Maruti 1000 Maruti Esteem Maruti Baleno Tata d Sierra Tata Estate Opel Astra Opel Corsa Opel Corsa Swing i s c o n t i n u e d S Transport in India Indian Automobile Industry Registration plates e
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Maruti Suzuki
From Wikipedia, the free encyclopedia
Public (BSE MARUTI, NSE MARUTI) 1981 (as Maruti Udyog Limited) Delhi, India Mr. Shinzo Nakanishi, Managing Director and CEO
Key people
Automotive Automobiles
Maruti Suzuki India Limited (Hindi: ) is a publicly listed automaker in India. It is the largest automobile manufacturer in South Asia. Suzuki Motor Corporation of Japan holds a majority stake in the company. It was the first company in India to mass-produce and sell more than a million cars. It is largely credited for having brought in an automobile revolution to India. It is the market leader in India and on 17 September 2007, Maruti Udyog Limited was renamed Maruti Suzuki India Limited. The company's headquarters are located in Delhi.
Contents
[hide]
1 Profile 2 Partner for the joint venture 3 Joint venture related issues 4 Industrial relations 5 Services offered
5.1.1 Manufactured Locally 5.1.2 Imported 5.1.3 Discontinued Car Models 5.2.1 Gurgaon Manufacturing Facility 5.2.2 Manesar Manufacturing Facility
5.3 Sales and Service Network 5.4 Maruti Insurance 5.5 Maruti Finance 5.6 Maruti TrueValue 5.7 N2N Fleet Management 5.8 Accessories
6 Exports 7 See also 8 References and notes 9 External links 10 Official Websites
[edit] Profile
The old logo of Maruti Suzuki India Limited. Later the logo of Suzuki Motor Corp. was also added to it
Maruti Suzuki plant in Gurgaon Maruti Suzuki is one of India's leading automobile manufacturers and the market leader in the car segment, both in terms of volume of vehicles sold and revenue earned. Until recently, 18.28% of the company was owned by the Indian government, and 54.2% by Suzuki of Japan. The Indian government held an initial public offering of 25% of the company in June 2003. As of 10 May 2007, Govt. of India sold its complete share to Indian financial institutions. With this, Govt. of India no longer has stake in Maruti Udyog.
Maruti Udyog Limited (MUL) was established in February 1981, though the actual production commenced in 1983 with the Maruti 800, based on the Suzuki Alto kei car which at the time was the only modern car available in India, its' only competitors- the Hindustan Ambassador and Premier Padmini were both around 25 years out of date at that point. Through 2004, Maruti Suzuki has produced over 5 Million vehicles. Maruti Suzukis are sold in India and various several other countries, depending upon export orders. Models similar to Maruti Suzukis (but not manufactured by Maruti Udyog) are sold by Suzuki Motor Corporation and manufactured in Pakistan and other South Asian countries. The company annually exports more than 50,000 cars and has an extremely large domestic market in India selling over 730,000 cars annually. Maruti 800, till 2004, was the India's largest selling compact car ever since it was launched in 1983. More than a million units of this car have been sold worldwide so far. Currently, Maruti Suzuki Alto tops the sales charts and Maruti Suzuki Swift is the largest selling in A2 segment. Due to the large number of Maruti 800s sold in the Indian market, the term "Maruti" is commonly used to refer to this compact car model. Till recently the term "Maruti", in popular Indian culture, in India hindu's lord Hanuman is known as "maruti", was associated to the Maruti 800 model. Maruti Suzuki has been the leader of the Indian car market for over two decades. Its manufacturing facilities are located at two facilities Gurgaon and Manesar south of Delhi. Maruti Suzukis Gurgaon facility has an installed capacity of 350,000 units per annum. The Manesar facilities, launched in February 2007 comprise a vehicle assembly plant with a capacity of 100,000 units per year and a Diesel Engine plant with an annual capacity of 100,000 engines and transmissions. Manesar and Gurgaon facilities have a combined capability to produce over 700,000 units annually. More than half the cars sold in India are Maruti Suzuki cars. The company is a subsidiary of Suzuki Motor Corporation, Japan, which owns 54.2 per cent of Maruti Suzuki. The rest is owned by the public and financial institutions. It is listed on the Bombay Stock Exchange and National Stock Exchange in India. During 2007-08, Maruti Suzuki sold 764,842 cars, of which 53,024 were exported. In all, over six million Maruti Suzuki cars are on Indian roads since the first car was rolled out on 14 December 1983. Maruti Suzuki offers 15 models, Maruti 800, Alto, WagonR, Estilo, A-star, Ritz, Swift, Swift DZire, SX4, Omni, Eeco, Gypsy, Grand Vitara. Swift, Swift DZire, A-star and SX4 are maufactured in Manesar, Grand Vitara is imported from Japan as a completely built unit (CBU), remaining all models are manufactured in Maruti Suzuki's Gurgaon Plant. Suzuki Motor Corporation, the parent company, is a global leader in mini and compact cars for three decades. Suzukis technical superiority lies in its ability to pack power and performance into a compact, lightweight engine that is clean and fuel efficient. Nearly 75,000 people are employed directly by Maruti Suzuki and its partners.It has been rated first in customer satisfaction among all car makers in India from 1999 to 2009 by J D Power Asia Pacific[2]. Further information: Timeline of Maruti Suzuki
including Toyota, Nissan and Honda. Suzuki Motor Corporation was at that time a small player in the four wheeler automobile sector and had major share in the two wheeler segment. Suzuki's bid was considered negligible. In the initial rounds of discussion the giants had their bosses present and in the later rounds related to the technical discussions executives of these automobile giants were present. Osamu Suzuki, Chairman and CEO of the company ensured that he was present in all the rounds of discussion. Osamu in an article writes that it subtly massaged their (Indian delegation) egos and also convinced them about the sincerity of Suzuki's bid. In the initial days Suzuki took all steps to ensure the government about its sincerity on the project. Suzuki in return received a lot of help from the government in such matters as import clearances for manufacturing equipment (against the wishes of the Indian machine tool industry then and its own socialistic ideology), land purchase at government prices for setting up the factory Gurgaon and reduced or removal of excise tariffs. This helped Suzuki conscientiously nurse Maruti Suzuki through its infancy to become one of its flagship ventures.[3]
Maruti Suzuki's A-Star vehicle during its unveiling in Pragati Maidan, Delhi. A-Star, Suzuki's fifth global car model, was designed and is made only in India.[4] Besides being Suzuki's largest subsidiary in terms of car sales, Maruti Suzuki is also Suzuki's leading research and development arm outside Japan Relationship between the Government of India, under the United Front (India) coalition and Suzuki Motor Corporation over the joint venture was a point of heated debate in the Indian media till Suzuki Motor Corporation gained the controlling stake. This highly profitable joint venture that had a near monopolistic trade in the Indian automobile market and the nature of the partnership built up till then was the underlying reason for most issues. The success of the joint venture led Suzuki to increase its equity from 26% to 40% in 1987, and further to 50% in 1992. In 1982 both the venture partners had entered into an agreement to nominate their candidate for the post of Managing Director and every Managing Director will have a tenure of five years[5] Initially R.C.Bhargava, was the managing director of the company since the inception of the joint venture. Till today he is regarded as instrumental for the success of Maruti Suzuki. Joining in 1982 he held several key positions in the company before heading the company as Managing Director. Currently he is on the Board of Directors.[6] After completing his five year tenure, Mr. Bhargava later assumed the office of Part-Time Chairman. The Government nominated Mr. S.S.L.N. Bhaskarudu as the Managing Director on 27 August 1997. Mr. Bhaskarudu had joined Maruti Suzuki in 1983 after spending 21 years in the Public sector undertaking Bharat Heavy Electricals Limited as General Manager. Later in 1987 he was
promoted as Chief General Manager, 1988 as Director, Productions and Projects, 1989 Director, Materials and in 1993 as Joint Managing Director. Suzuki Motor Corporation didn't attend the Annual General Meeting of the Board with the reason of it being called on a short notice.[7] Later Suzuki Motor Corporation went on record to state that Mr. Bhaskarudu was "incompetent" and wanted someone else. However, the Ministry of Industries, Government of India refuted the charges. Media stated from the Maruti Suzuki sources that Bhaskarudu was interested to indigenise most of components for the models including gear boxes especially for Maruti 800. Suzuki also felt that Bhaskarudu was a proxy for the Government and would not let it increase its stake in the venture.[8] If Maruti Suzuki would have been able to indigenise gear boxes then Maruti Suzuki would have been able to manufacture all the models without the technical assistance from Suzuki. Till today the issue of localization of gear boxes is highlighted in the press.[9] The relation strained when Suzuki Motor Corporation moved to Delhi High Court to bring a stay order against the appointment of Mr. Bhaskarudu. The issue was resolved in an out-ofcourt settlement and both the parties agreed that R S S L N Bhaskarudu would serve up to 31 December 1999, and from 1 January 2000, Jagdish Khattar, Executive Director of Maruti Udyog Limited would assume charges as the Managing Director.[10] Many politicians believed, and had stated in parliament that the Suzuki Motor Corporation is unwilling to localize manufacturing and reduce imports. This remains true, even today the gear boxes are still imported from Japan and are assembled at the Gurgaon facility.
Maruti 800
Maruti Omni
India's Corps of Military Police personnel patrolling the Wagah border crossing in the Punjab in a Maruti Gypsy.
Suzuki SX4
Suzuki Splash is sold as Maruti Suzuki Ritz in India. [edit] Manufactured Locally
1. 800 (Launched 1983) 2. Omni (Launched 1984) 3. Gypsy (Launched 1985) 4. WagonR Launched 2001) 5. Alto (Launched 2000) 6. Swift (Launched 2005) 7. Estilo (Launched 2006) 8. SX4 (Launched 2007) 9. Swift DZire (Launched 2008) 10. A-star (Launched 2008) 11. Ritz (Launched 2009) 12. Eeco Launched 2010)
[edit] Imported
Maruti Zen
Maruti Baleno
vehicles through SBI-Maruti Finance. SBI-Maruti Finance is currently available in 166 cities across India.[18]
"Maruti Finance marks the coming together of the biggest players in the car finance business. They are the benchmarks in quality and efficiency. Combined with Maruti volumes and networked dealerships, this will enable Maruti Finance to offer superior service and competitive rates in the marketplace". Jagdish Khattar, Managing director of Maruti Udyog Limited in a press conference announcing the launch of Maruti Finance on 7 January 2002[16]
Citicorp Maruti Finance Limited is a joint venture between Citicorp Finance India and Maruti Udyog Limited its primary business stated by the company is "hire-purchase financing of Maruti Suzuki vehicles". Citi Finance India Limited is a wholly owned subsidiary of Citibank Overseas Investment Corporation, Delaware, which in turn is a 100% wholly owned subsidiary of Citibank N.A. Citi Finance India Limited holds 74% of the stake and Maruti Suzuki holds the remaining 26%.[19] GE Capital, HDFC and Maruti Suzuki came together in 1995 to form Maruti Countrywide.[20] Maruti claims that its finance program offers most competitive interest rates to its customers, which are lower by 0.25% to 0.5% from the market rates.maruti is the best car in the world
[edit] Accessories
Many of the auto component companies other than Maruti Suzuki started to offer components and accessories that were compatible. This caused a serious threat and loss of revenue to Maruti Suzuki. Maruti Suzuki started a new initiative under the brand name Maruti Genuine Accessories to offer accessories like alloy wheels, body cover, carpets, door visors, fog lamps, stereo systems, seat covers and other car care products. These products are sold through dealer outlets and authorized service stations throughout India.[23]
A Maruti Driving School in Chennai As part of its corporate social responsibility Maruti Suzuki launched the Maruti Driving School in Delhi. Later the services were extended to other cities of India as well. These schools are modelled on international standards, where learners go through classroom and practical sessions. Many international practices like road behaviour and attitudes are also taught in these schools. Before driving actual vehicles participants are trained on simulators.
[24]
"We are very concerned about mounting deaths on Indian roads. These can be brought down if government, industry and the voluntary sector work together in an integrated manner. But we felt that Maruti should first do something in this regard and hence this initiative of Maruti Driving Schools." Jagdish Khattar, at the launch ceremony of Maruti Driving School, Bangalore
[edit] Exports
Maruti Exports Limited is the subsidiary of Maruti Suzuki with its major focus on exports and it does not operate in the domestic Indian market. The first commercial consignment of 480 cars were sent to Hungary. By sending a consignment of 571 cars to the same country Maruti Suzuki crossed the benchmark of 300,000 cars. Since its inception export was one of the aspects government was keen to encourage. Every political party expected Maruti Suzuki to earn foreign currency. Angola, Benin, Djibouti, Ethiopia, Europe, Kenya, Morocco, Sri Lanka, Uganda, Chile, Guatemala, Costa Rica and El Salvador are some of the markets served by Maruti Exports.
14.^ The Hindu Business:Saturday, 11 May 2002 - Maruti launches car insurance[10] 15.^ The Hindu Business Line Sunday, 18 December 2005 -Maruti Insurance ramps up sales [11] 16.^ a b c Press Release by Maruti Suzuki, Cached page from Google 17.^ Business Line, Saturday, 15 March 2003, SBI ties up with Maruti Suzuki for car loans [12] 18.^ Retail Yatra. Com, 8 August 2003 -Maruti Suzuki, State Bank of Bikaner & Jaipur join hands for car financing Jaipur [13] 19.^ The Hindu, Online edition of India's National Newspaper, Published: Thursday, 26 July 2001, Citicorp Maruti Finance gets P1 plus [14] 20.^ Maruti Finance, Joint Ventures 21.^ The Maruti TrueValue website 22.^ Writeup about the Maruti N2N Fleet Management Solution 23.^ Maruti Genuine Accessories 24.^ Deccan Herald, Online edition of Sunday, 20 March 2005 "Maruti Suzuki's first driving school in Bangalore"[15]
Reports from workers employed at Maruti Suzuki and at supplying factories in Gurgaon Workers News No.8 Balance Sheet of Maruti Udyog Limited:myIRIS.com Stock Prices of Maruti Udyog Limited on BSE and NSE from MyIris.com Maruti Suzuki Launches Its New Car Estilo 2009 Maruti to drive in Eeco as Versa's new avatar Maruti to hold world premiere of concept MPV at Auto Expo Maruti to unveil its designed-in-India car at auto show Maruti to show its green cars in Auto Expo Maruti Suzuki to showcase an array of 17 vehicles at Auto Expo Maruti Suzuki ends 2009 with big gains Maruti Suzuki: Expect Sales to Grow 10%-12% Next Year Maruti Suzuki crosses 1 lakh retail sales Maruti Suzuki's New YP3 Engine Will Concept R3 be an image-changer for Maruti? Maruti set to double exports Maruti records highest-ever monthly sales Maruti looks to drive out of Suzuki's shadow, ramp up R&D for solo show Maruti decides to phase out 800 Maruti Suzuki Kizashi all set to hit the Indian market Maruti Suzuki Kizashi priced Rs10 lakh plus
Suzuki's Kizashi is a name worth knowing Maruti Suzuki to set up regional stockyards
Maruti Suzuki Maruti True Value Maruti Driving School Suzuki Maruti Udyog Official Website Maruti 800 Official Website Maruti Alto Official Website Maruti Omni Official Website Maruti EECO Official Website Maruti Gypsy Official Website Maruti Wagonr Official Website Maruti a-star Official Website Maruti Suzuki Estilo Official Website Maruti Swift Official Website Maruti Swift Dzire Official Website Maruti Ritz Official Website Maruti SX4 Official Website Maruti Grand Vitara Official Website Maruti True Value -(Sale / Purchase of Second Hand Cars of Maruti )
Companies portal
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o Wagon-R Ri tz Subcompac t Swift Swift DZire 1000 Compact Esteem Baleno SX4 Microvan Gypsy SUV Grand Grand Vitara XL7 Vitara Omni Versa
[show]
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Cars in India
M a n u f a Audi BMW Fiat Ford India General Motors Hindustan Motors Honda c Hyundai Jaguar Cars Mahindra Maruti Suzuki Mercedes-Benz koda Auto t Tata Motors Toyota Volkswagen u r e r s H Maruti 800 Maruti Alto Maruti A-Star Chevrolet Aveo U-VA koda Fabia a Hyundai Getz Hyundai i10 Hyundai i20 Tata Indica Honda Jazz Tata Nano t c Chevrolet Optra SRV Maruti Suzuki Ritz Hyundai Santro Chevrolet Spark Maruti h Suzuki Swift Maruti Suzuki Wagon-R Maruti Suzuki Estilo b
a c k s S e d a n s Ford Ikon Ford Fiesta Tata Indigo Maruti Swift Dzire Suzuki SX4 HM Ambassador Chevrolet Aveo Honda City Honda Civic Toyota Corolla koda Octavia Mercedes-Benz C-Class BMW 3 Series BMW 5 Series Toyota Camry Honda Accord
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Maruti Suzuki
From Wikipedia, the free encyclopedia
Public (BSE MARUTI, NSE MARUTI) 1981 (as Maruti Udyog Limited) Delhi, India Mr. Shinzo Nakanishi, Managing Director and CEO Automotive Automobiles
Key people
Maruti Suzuki India Limited (Hindi: ) is a publicly listed automaker in India. It is the largest automobile manufacturer in South Asia. Suzuki Motor Corporation of Japan holds a majority stake in the company. It was the first company in India to mass-produce and sell more than a million cars. It is largely credited for having brought in an automobile revolution to India. It is the market leader in India and on 17 September 2007, Maruti Udyog Limited was renamed Maruti Suzuki India Limited. The company's headquarters are located in Delhi.
Contents
[hide]
1 Profile 2 Partner for the joint venture 3 Joint venture related issues 4 Industrial relations 5 Services offered
5.1.1 Manufactured Locally 5.1.2 Imported 5.1.3 Discontinued Car Models 5.2.1 Gurgaon Manufacturing Facility 5.2.2 Manesar Manufacturing Facility
5.3 Sales and Service Network 5.4 Maruti Insurance 5.5 Maruti Finance 5.6 Maruti TrueValue 5.7 N2N Fleet Management 5.8 Accessories 5.9 Maruti Driving School
6 Exports 7 See also 8 References and notes 9 External links 10 Official Websites
[edit] Profile
The old logo of Maruti Suzuki India Limited. Later the logo of Suzuki Motor Corp. was also added to it
Maruti Suzuki plant in Gurgaon Maruti Suzuki is one of India's leading automobile manufacturers and the market leader in the car segment, both in terms of volume of vehicles sold and revenue earned. Until recently, 18.28% of the company was owned by the Indian government, and 54.2% by Suzuki of Japan. The Indian government held an initial public offering of 25% of the company in June 2003. As of 10 May 2007, Govt. of India sold its complete share to Indian financial institutions. With this, Govt. of India no longer has stake in Maruti Udyog. Maruti Udyog Limited (MUL) was established in February 1981, though the actual production commenced in 1983 with the Maruti 800, based on the Suzuki Alto kei car which at the time was the only modern car available in India, its' only competitors- the Hindustan Ambassador and Premier Padmini were both around 25 years out of date at that point. Through 2004, Maruti Suzuki has produced over 5 Million vehicles. Maruti Suzukis are sold in India and various several other countries, depending upon export orders. Models similar to Maruti Suzukis (but not manufactured by Maruti Udyog) are sold by Suzuki Motor Corporation and manufactured in Pakistan and other South Asian countries. The company annually exports more than 50,000 cars and has an extremely large domestic market in India selling over 730,000 cars annually. Maruti 800, till 2004, was the India's largest selling compact car ever since it was launched in 1983. More than a million units of this car have been sold worldwide so far. Currently, Maruti Suzuki Alto tops the sales charts and Maruti Suzuki Swift is the largest selling in A2 segment. Due to the large number of Maruti 800s sold in the Indian market, the term "Maruti" is commonly used to refer to this compact car model. Till recently the term "Maruti", in popular Indian culture, in India hindu's lord Hanuman is known as "maruti", was associated to the Maruti 800 model. Maruti Suzuki has been the leader of the Indian car market for over two decades. Its manufacturing facilities are located at two facilities Gurgaon and Manesar south of Delhi. Maruti Suzukis Gurgaon facility has an installed capacity of 350,000 units per annum. The
Manesar facilities, launched in February 2007 comprise a vehicle assembly plant with a capacity of 100,000 units per year and a Diesel Engine plant with an annual capacity of 100,000 engines and transmissions. Manesar and Gurgaon facilities have a combined capability to produce over 700,000 units annually. More than half the cars sold in India are Maruti Suzuki cars. The company is a subsidiary of Suzuki Motor Corporation, Japan, which owns 54.2 per cent of Maruti Suzuki. The rest is owned by the public and financial institutions. It is listed on the Bombay Stock Exchange and National Stock Exchange in India. During 2007-08, Maruti Suzuki sold 764,842 cars, of which 53,024 were exported. In all, over six million Maruti Suzuki cars are on Indian roads since the first car was rolled out on 14 December 1983. Maruti Suzuki offers 15 models, Maruti 800, Alto, WagonR, Estilo, A-star, Ritz, Swift, Swift DZire, SX4, Omni, Eeco, Gypsy, Grand Vitara. Swift, Swift DZire, A-star and SX4 are maufactured in Manesar, Grand Vitara is imported from Japan as a completely built unit (CBU), remaining all models are manufactured in Maruti Suzuki's Gurgaon Plant. Suzuki Motor Corporation, the parent company, is a global leader in mini and compact cars for three decades. Suzukis technical superiority lies in its ability to pack power and performance into a compact, lightweight engine that is clean and fuel efficient. Nearly 75,000 people are employed directly by Maruti Suzuki and its partners.It has been rated first in customer satisfaction among all car makers in India from 1999 to 2009 by J D Power Asia Pacific[2]. Further information: Timeline of Maruti Suzuki
Maruti Suzuki's A-Star vehicle during its unveiling in Pragati Maidan, Delhi. A-Star, Suzuki's fifth global car model, was designed and is made only in India.[4] Besides being Suzuki's largest subsidiary in terms of car sales, Maruti Suzuki is also Suzuki's leading research and development arm outside Japan Relationship between the Government of India, under the United Front (India) coalition and Suzuki Motor Corporation over the joint venture was a point of heated debate in the Indian media till Suzuki Motor Corporation gained the controlling stake. This highly profitable joint venture that had a near monopolistic trade in the Indian automobile market and the nature of the partnership built up till then was the underlying reason for most issues. The success of the joint venture led Suzuki to increase its equity from 26% to 40% in 1987, and further to 50% in 1992. In 1982 both the venture partners had entered into an agreement to nominate their candidate for the post of Managing Director and every Managing Director will have a tenure of five years[5] Initially R.C.Bhargava, was the managing director of the company since the inception of the joint venture. Till today he is regarded as instrumental for the success of Maruti Suzuki. Joining in 1982 he held several key positions in the company before heading the company as Managing Director. Currently he is on the Board of Directors.[6] After completing his five year tenure, Mr. Bhargava later assumed the office of Part-Time Chairman. The Government nominated Mr. S.S.L.N. Bhaskarudu as the Managing Director on 27 August 1997. Mr. Bhaskarudu had joined Maruti Suzuki in 1983 after spending 21 years in the Public sector undertaking Bharat Heavy Electricals Limited as General Manager. Later in 1987 he was promoted as Chief General Manager, 1988 as Director, Productions and Projects, 1989 Director, Materials and in 1993 as Joint Managing Director. Suzuki Motor Corporation didn't attend the Annual General Meeting of the Board with the reason of it being called on a short notice.[7] Later Suzuki Motor Corporation went on record to state that Mr. Bhaskarudu was "incompetent" and wanted someone else. However, the Ministry of Industries, Government of India refuted the charges. Media stated from the Maruti Suzuki sources that Bhaskarudu was interested to indigenise most of components for the models including gear boxes especially for Maruti 800. Suzuki also felt that Bhaskarudu was a proxy for the Government and would not let it increase its stake in the venture.[8] If Maruti Suzuki would have been able to indigenise gear boxes then Maruti Suzuki would have been able to manufacture all the models without the technical assistance from Suzuki. Till today the issue of localization of gear boxes is highlighted in the press.[9] The relation strained when Suzuki Motor Corporation moved to Delhi High Court to bring a stay order against the appointment of Mr. Bhaskarudu. The issue was resolved in an out-ofcourt settlement and both the parties agreed that R S S L N Bhaskarudu would serve up to 31 December 1999, and from 1 January 2000, Jagdish Khattar, Executive Director of Maruti Udyog Limited would assume charges as the Managing Director.[10] Many politicians
believed, and had stated in parliament that the Suzuki Motor Corporation is unwilling to localize manufacturing and reduce imports. This remains true, even today the gear boxes are still imported from Japan and are assembled at the Gurgaon facility.
Maruti 800
Maruti Omni
India's Corps of Military Police personnel patrolling the Wagah border crossing in the Punjab in a Maruti Gypsy.
Suzuki SX4
Suzuki Splash is sold as Maruti Suzuki Ritz in India. [edit] Manufactured Locally
1. 800 (Launched 1983) 2. Omni (Launched 1984) 3. Gypsy (Launched 1985)
4. WagonR Launched 2001) 5. Alto (Launched 2000) 6. Swift (Launched 2005) 7. Estilo (Launched 2006) 8. SX4 (Launched 2007) 9. Swift DZire (Launched 2008) 10. A-star (Launched 2008) 11. Ritz (Launched 2009) 12. Eeco Launched 2010)
[edit] Imported
Maruti Zen
Maruti Baleno
Maruti Suzuki is one of the companies in India which has unparalleled sales and service network. As of 2009 it currently has 681 dealerships across 454 cities. To ensure the vehicles sold by them are serviced properly, Maruti Suzuki has 779 dealer workshops, 1,945 Maruti Authorized Service Stations and 30 Express Service Stations on 30 National Highways across 1,314 cities in India. Service is a major revenue generator of the company. Most of the service stations are managed on franchise basis, where Maruti Suzuki trains the local staff. Other automobile companies have not been able to match this benchmark set by Maruti Suzuki. The Express Service stations help many stranded vehicles on the highways by sending across their repair man to the vehicle.[13]
Citicorp Maruti Finance Limited is a joint venture between Citicorp Finance India and Maruti Udyog Limited its primary business stated by the company is "hire-purchase financing of Maruti Suzuki vehicles". Citi Finance India Limited is a wholly owned subsidiary of Citibank Overseas Investment Corporation, Delaware, which in turn is a 100% wholly owned subsidiary of Citibank N.A. Citi Finance India Limited holds 74% of the stake and Maruti Suzuki holds the remaining 26%.[19] GE Capital, HDFC and Maruti Suzuki came together in 1995 to form Maruti Countrywide.[20] Maruti claims that its finance program offers most competitive interest rates to its customers, which are lower by 0.25% to 0.5% from the market rates.maruti is the best car in the world
[edit] Accessories
Many of the auto component companies other than Maruti Suzuki started to offer components and accessories that were compatible. This caused a serious threat and loss of revenue to Maruti Suzuki. Maruti Suzuki started a new initiative under the brand name Maruti Genuine Accessories to offer accessories like alloy wheels, body cover, carpets, door visors, fog lamps, stereo systems, seat covers and other car care products. These products are sold through dealer outlets and authorized service stations throughout India.[23]
A Maruti Driving School in Chennai As part of its corporate social responsibility Maruti Suzuki launched the Maruti Driving School in Delhi. Later the services were extended to other cities of India as well. These schools are modelled on international standards, where learners go through classroom and practical sessions. Many international practices like road behaviour and attitudes are also taught in these schools. Before driving actual vehicles participants are trained on simulators.
[24]
"We are very concerned about mounting deaths on Indian roads. These can be brought down if government, industry and the voluntary sector work together in an integrated manner. But we felt that Maruti should first do something in this regard and hence this initiative of Maruti Driving Schools." Jagdish Khattar, at the launch ceremony of Maruti Driving School, Bangalore
[edit] Exports
Maruti Exports Limited is the subsidiary of Maruti Suzuki with its major focus on exports and it does not operate in the domestic Indian market. The first commercial consignment of 480 cars were sent to Hungary. By sending a consignment of 571 cars to the same country Maruti Suzuki crossed the benchmark of 300,000 cars. Since its inception export was one of the aspects government was keen to encourage. Every political party expected Maruti Suzuki to earn foreign currency. Angola, Benin, Djibouti, Ethiopia, Europe, Kenya, Morocco, Sri Lanka, Uganda, Chile, Guatemala, Costa Rica and El Salvador are some of the markets served by Maruti Exports.
Reports from workers employed at Maruti Suzuki and at supplying factories in Gurgaon Workers News No.8 Balance Sheet of Maruti Udyog Limited:myIRIS.com Stock Prices of Maruti Udyog Limited on BSE and NSE from MyIris.com Maruti Suzuki Launches Its New Car Estilo 2009 Maruti to drive in Eeco as Versa's new avatar Maruti to hold world premiere of concept MPV at Auto Expo Maruti to unveil its designed-in-India car at auto show Maruti to show its green cars in Auto Expo Maruti Suzuki to showcase an array of 17 vehicles at Auto Expo Maruti Suzuki ends 2009 with big gains Maruti Suzuki: Expect Sales to Grow 10%-12% Next Year Maruti Suzuki crosses 1 lakh retail sales Maruti Suzuki's New YP3 Engine Will Concept R3 be an image-changer for Maruti? Maruti set to double exports Maruti records highest-ever monthly sales Maruti looks to drive out of Suzuki's shadow, ramp up R&D for solo show Maruti decides to phase out 800 Maruti Suzuki Kizashi all set to hit the Indian market Maruti Suzuki Kizashi priced Rs10 lakh plus Suzuki's Kizashi is a name worth knowing Maruti Suzuki to set up regional stockyards
Maruti Suzuki Maruti True Value Maruti Driving School Suzuki Maruti Udyog Official Website Maruti 800 Official Website Maruti Alto Official Website Maruti Omni Official Website Maruti EECO Official Website Maruti Gypsy Official Website Maruti Wagonr Official Website Maruti a-star Official Website Maruti Suzuki Estilo Official Website Maruti Swift Official Website
Maruti Swift Dzire Official Website Maruti Ritz Official Website Maruti SX4 Official Website Maruti Grand Vitara Official Website Maruti True Value -(Sale / Purchase of Second Hand Cars of Maruti )
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M a n u f a Audi BMW Fiat Ford India General Motors Hindustan Motors Honda c Hyundai Jaguar Cars Mahindra Maruti Suzuki Mercedes-Benz koda Auto t Tata Motors Toyota Volkswagen u r e r s H a t c Maruti 800 Maruti Alto Maruti A-Star Chevrolet Aveo U-VA koda Fabia h Hyundai Getz Hyundai i10 Hyundai i20 Tata Indica Honda Jazz Tata Nano b Chevrolet Optra SRV Maruti Suzuki Ritz Hyundai Santro Chevrolet Spark Maruti a Suzuki Swift Maruti Suzuki Wagon-R Maruti Suzuki Estilo c k s S e d a n s Ford Ikon Ford Fiesta Tata Indigo Maruti Swift Dzire Suzuki SX4 HM Ambassador Chevrolet Aveo Honda City Honda Civic Toyota Corolla koda Octavia Mercedes-Benz C-Class BMW 3 Series BMW 5 Series Toyota Camry Honda Accord
S Tata Safari Mahindra Scorpio Honda CR-V Chevrolet Captiva Maruti Gypsy U Suzuki Grand Vitara Toyota Land Cruiser Prado Volkswagen Touareg Nissan XV Trail Mitsubishi Outlander Mitsubishi Pajero Hyundai Tucson Ford Endeavour s Mitsubishi Montero BMW X3 BMW X5 BMW X6 Audi Q7 Audi Q5 V Chevrolet Tavera Maruti Eeco Maruti Omni Maruti Versa Tata Sumo Tata a Magic Toyota Qualis Toyota Innova Mahindra Xylo n s
, M P V s a n d M U V s T r u c Mahindra Bolero Camper Mahindra Maxx Pickup Mahindra Scorpio Getaway k s H i s t o r i c o r Premier Padmini Maruti Zen Maruti 1000 Maruti Esteem Maruti Baleno Tata d Sierra Tata Estate Opel Astra Opel Corsa Opel Corsa Swing i s c o n t i n u e d S Transport in India Indian Automobile Industry Registration plates e
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M a ASL Daihatsu Dome (Jiotto Hayashi) Honda (Acura) Isuzu Kojima Mitsuoka r Mazda (Amati Autozam Eunos Efini Xedos) Mitsubishi Motors Nissan q (Datsun Infiniti Prince) UD Nissan Diesel Otomo Subaru Suzuki (Hope) u Tommy Kaira Toyota (Hino Motors Lexus Scion Sigma TOM'S) Yamaha e s A s s o c i Japan Automobile Manufacturers Association a t i o n [show]
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