Maruti Suzuki Chairman R C Bhargava is upbeat that his company will continue to register double-digit sales growth in 2015-16, despite a rise in fuel prices, monsoon concerns and increasing competition for entry-segment cars.

"Maruti expects double-digit growth this year. We saw a good increase in April. There is no serious worry about sales," Bhargava told Business Standard.

NEW DELHI: Suzuki Motor Corporation, parent of the country's largest carmaker Maruti Suzuki, plans to push ahead with its contentious plan to set up a wholly owned manufacturing plant in Gujarat as amendments to the Companies Act have made it easier to get share holder approval.

The Rajya Sabha on Wednesday cleared 16 amendments to the Companies Act, 2013, that included replacing 'special resolution' with 'ordinary resolution' for approval of related-party transactions by minority shareholders in a company.

New Delhi: Maruti Suzuki India Ltd, which has a stranglehold on the small-car market in India, is trying to shed the budget car maker tag by selling its more expensive models through a separate network as buyers, even first-timers, opt increasingly for larger cars.

As part of efforts to boost its market share in the premium-car category, Maruti Suzuki in a meeting on Saturday decided to sell its cars through two separate marketing networks and also recast its top management, according to three people familiar with the development. All of them requested anonymity. A spokesperson for Maruti declined to comment on the story.

Country’s largest car maker Maruti Suzuki India (MSI) on Friday said its premium hatchback Swift has crossed 13 lakh sales milestone since its launch in 2005.

“Over 1.3 million Swift cars have been bought in India so far, transforming the landscape of the Indian auto industry and inspiring new products, market segments and categories,” MSI Executive Director (Marketing & Sales), R.S. Kalsi said in a statement.

Market leader Maruti Suzuki India is stepping up its skill development activity by setting up automobile skill enhancement centres at 45 government-run Industrial Training Institutes (ITIs) across India

Through the programme, the company is looking to train over 2,100 youth annually in car service and repair, Maruti Suzuki India (MSI) said in a statement.

Mumbai: Maruti Suzuki India Ltd gained as much as 8% while Mahindra and Mahindra Ltd rose 3.74% after top four players in passenger car segment registered double-digit volume growth in April.

“Narrowing gap between petrol-diesel fuel prices and increase in share of first-time buyers helped Maruti’s Mini segment register growth of 36% off a weak base,” Jefferies Llc, an American global investment bank and institutional securities firm said in a note.

New Delhi, May 1: Car makers such as Maruti Suzuki, Hyundai and Honda posted a robust growth in sales in April on the back of launches.

However, SUV major Mahindra & Mahindra could manage a meagre 1 per cent increase, while the sales of General Motors India witnessed a decline.

Country's largest carmaker Maruti Suzuki India (MSI) today reported a 29.6% rise in total sales in April at 1,11,748 units against 86,196 units in the corresponding period last year.

The company said its domestic sales increased by 27.3% during the month to 1,00,709 units against 79,119 units in April 2014.

Maruti Suzuki India Ltd will hand out special bonuses to its top-performing employees after posting a record profit in the year ended March.

The company has made a provision for the bonuses in its March quarter financial results, which was released on Monday, chief financial officer Ajay Seth said in a phone interview on Tuesday, without giving details.

Maruti Suzuki India plans to invest Rs 4,000 crore this fiscal on capital expenditure in order to enhance its leadership position in the market.

The company, which reported its highest ever annual profit and sales in the fiscal concluded March 31, 2015, said the amount would be utilised on enhancing marketing infrastructure, launching new products and on R&D.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.