Four-wheeler manufacturer Maruti Suzuki reported a 60% jump in net profit at Rs 1,284 crore for the quarter ending March 2015 as against Rs 800 crore in the same period a year ago.

The company said that higher volumes, lower material cost Contributed to its bottomline in Q4.

Maruti Suzuki India sold 62,996 factory-fitted compressed natural gas (CNG) vehicles last year, a growth of 23 per cent over the previous year.

The contribution of CNG vehicles to total sales increased to 5.4 per cent from 4.9 per cent a year ago. Six models of Maruti Suzuki are powered by CNG. Five were offered on CNG last year.

Shares of Maruti Suzuki India were trading lower by 2% at Rs 3,622, falling 4% from its intra-day high on the National Stock Exchange (NSE), after reporting 1.6% year-on-year fall in total sales at 111,555 units in March 2015, due to lower sales in the compact segment. The company had sold a total of 113,350 units in March 2014.

The category-wise sales of compact segment (Swift, Ritz) fell 12.5% to 38,710 units in March as against 44,251 units in the same month last year, Maruti Suzuki India said in a statement.

India's largest car maker Maruti Suzuki remains the top choice of car buyers and sellers in the used car space, according to a report from online selling platform Quikr.

The report reveals that demand for hatchback cars is the highest on the site. Amongst other findings, the report also states that premium cars such as Aston Martin and Lamborghinis are being bought and sold twice as fast as other economy cars.

Maruti Suzuki India, India’s largest car maker, on Tuesday said it would be recalling 33,098 vehicles, including its popular models Alto 800 and Alto K10.

According to the company’s statement to the stock exchanges, the recall is to inspect and replace the ‘right hand door latch assembly’. Maruti Suzuki dealers in the domestic market will contact customers who have cars manufactured between December 8, 2014 and February 18, 2015, it stated.

Country’s largest carmaker Maruti Suzuki India (MSI) today reported 8.7 per cent increase in total sales in February at 1,18,551 units as against 1,09,104 units in the same period of last year.

The company said its domestic sales increased by 8.2 per cent during the month to 1,07,892 units as against 99,758 units in February 2014.

Chennai-based truck and bus maker Ashok Leyland has not given up on its maiden car venture, for which it piggy-backed on Japanese giant Nissan, despite extremely poor sales.

The multi-seater van Stile saw sales of just 311 units in the April-January period, which has more than halved compared to the same period previous year that witnessed sales 694 units.

Maruti Suzuki India, the country’s largest passenger car company, was the most sought stock for mutual fund managers last month.

Equity fund managers pumped Rs 550 crore in the stock, even as it was ruling at all-time high levels. The shares moved in a range between Rs 3,341 and Rs 3,730, a record high on a closing basis.

After unleashing an excitement through its new cars fitted with auto gear shift (AGS) technology, country’s top car maker Maruti Suzuki is marching ahead with growing volumes of those models.

Compared to fully automatic versions, AGS or AMT (automated manual transmission) variants appear to be working as a better value proposition for customers considering the relatively smaller price premium to the manual variants as also relatively lower maintenance costs vis-a-vis conventional automatic cars.

Maruti Suzuki, the leading passenger carmaker of the country is once again ready for a major release this season – Maruti Celerio diesel variant may soon see the light of the day in the second quarter of this year. The petrol variant of the vehicle is already available in the market that has done very well as far as sales figures are concerned.

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