(Adds detail, shares) By Rina Chandran MUMBAI, April 24 (Reuters) - India's biggest car maker, Maruti Suzuki India Ltd , on Thursday reported a surprising 34 percent fall in quarterly net profit as a large depreciation charge offset higher sales, knocking its shares lower. Maruti, 54.2 percent owned by Japan's Suzuki Motor Corp , has about half the car market, with models such as the best-selling Alto and Swift hatchbacks, and has been shifting consumers to more premium cars like the ...
Premium Content (PAID Subscription Required)
"UPDATE 1-India Maruti Suzuki Q4 profit slides, shares fall" 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
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.