Country's largest car maker Maruti Suzuki India (MSI) today reported 13.9% increase in total sales at 1,16,606 units in January 2015 as against 1,02,416 units in the same period last year.

The company said its domestic sales increased by 9.3% during the month to 1,05,559 units as against 96,569 units in January 2014.

New Delhi, Jan. 27: India's largest car maker Maruti Suzuki India today reported a 17.8 per cent increase in net profit at Rs 802.2 crore for the third quarter ended December 31, 2014 against Rs 681.15 crore in the same period last fiscal.

Net sales during the quarter stood at Rs 12,263.14 crore, up 15.5 per cent from Rs 10,619.68 crore a year ago.

Domestic car manufacturer Maruti Suzuki today reported a 18% growth in net profit to Rs 802 crore for the quarter ended December 31, 2014 on the back of higher volumes, material cost reduction initiatives and favorable foreign exchange rates.

Net sales went up 15.5% to Rs 12,263 crore.

Tata Motors on Thursday launched the Bolt, a hatchback, starting at Rs 4.64 lakh (ex-showroom, Mumbai). The company is pitting this car against segment leaders Maruti Suzuki Swift and Hyundai Grand i10.

The Bolt, Tata Motors’ second launch in five months, is based on the platform of its compact sedan Zest. The base petrol variant of the Bolt costs Rs 36,000 less than the Zest in Mumbai.

The half a dozen public interest suits filed in various courts across the country against the proposed launch of the four-wheeled transport vehicle called a quadricycle has been instigated, believes Pune-based Bajaj Auto.

Instigated, I think...I won’t like to say by whom, Kevin D’Sa, its president (finance) told analysts.

Automobile major Maruti Suzuki and consumer durables maker Lloyd Electric have signed as on-air sponsors for the Cricket World Cup beginning February 14, sources say. When contacted, officials at STAR Sports, which will broadcast the tournament, confirmed this.

Through the tournament, Lloyd will promote its Lloyd Air Conditioners brand.

Korean automaker Hyundai's new sports utility vehicle will be bigger than Ford Ecosport, which is the bestseller in the sub-four meter segment.

Slated for launch in the second half of this calendar year, the all-new SUV from Hyundai will be pitted against the Ford SUV but will be "roomier, more powerfull and have the characteristics of a true SUV," said a top Hyundai India official.

Subdued demand growth last year notwithstanding, car companies are ready with their offerings to begin the new year on a fresh note, with at least three crucial launches lined up this month.

Mumbai-based Tata Motors, which has finally found its footing in the car market after the launch of a compact sedan few months ago, is eager to unleash its second model Bolt (a hatchback). Bolt will be launched on January 22.

Country's largest car-maker Maruti Suzuki India (MSI) today reported a 20.8% increase in total sales in December at 1,09,791 units.

The car maker had reported sales of 90,924 units in the same month last year.

Armed with nearly half a dozen products to be launched over the next 18 months, India's largest car maker Maruti Suzuki is looking at a volumes growth of 16% and 18%, respectively, in the next two financial years, say analysts.

The Delhi-based automaker will launch five models, including four new cars, in the next 12-18 month period. New launches will include a crossover, a light commercial vehicle, a new premium hatchback and a compact sports utility vehicle.

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