NEW DELHI – Adding another chapter to their convoluted history, India's Maruti Udyog Ltd. buys parent company Suzuki Motor Corp.'s 30% stake in Maruti Suzuki Automobile India Ltd., a subsidiary set up to produce new passenger cars. Maruti, in which Japan's Suzuki holds 54.4%, already controlled a 70% stake in MSAIL. Under the original agreement inked in 2004, the manufacturing plant in Manesar, in the state of Haryanna, would receive an investment of Rs15.2 billion ($337 million). It ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.