MARUTI MAKES THE BATTLE `INTERESTING'
Article Abstract:
Coinciding with the launch of two small cars by Daewoo and Hyundai, Maruti Udyog has doubled the interest payments on bookings to 20 percent per annum. The waiting period on bookings of any car will result in an interest of 20 percent. The scheme is applicable to bookings made till October 31. The announcement of higher interest is to promote more bookings for the 800 cc and Zen models. Maruti's scheme commenced on the same day Hyundai's bookings for Santro began. It would also continue till the end of October when Daewoo's bookings for its Matiz goes on. (uh)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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BAJAJ AUTO, MARUTI RESORT TO PRICE HIKES
Article Abstract:
Bajaj Auto Ltd (BAL) and Maruti Udyog Ltd (MUL) have both increased the prices of their vehicles. BAL has hiked the prices of some of its two and three wheeler models by Rs300 to Rs3000 while MUL has increased the price of the Esteem car by Rs6,300. BAL has increased the price of its Caliber model by Rs720 to Rs42,878, Super (ordinary) by Rs361 to Rs23,159, Super XL by Rs216 to Rs24,278, Chetak by Rs360 to Rs24,101 and the Classic by Rs411 to Rs30,297. The price of the Esteem LX version is now Rs553,603 while that of the VX version is Rs629,317. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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MARUTI SELLS 2,000 ESTEEMs IN SEPTEMBER
Article Abstract:
The market share of Maruti Udyog Limited (MUL) in luxury car segment went up to 46 percent in September 1998 after selling 2,000 Esteems in the month. In April-September 1998, sales of Esteems grew by over nine percent compared to a negative growth of nine percent in the total luxury car segment and its market share rose to 40.6 percent compared to 37.5 percent in the first half of 1997-98. (gsh)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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