UPDATE 1-India's Maruti to hold 70 pct stake in new car JV

Newswire

(Adds details) NEW DELHI, Sept 23 (Reuters) - Maruti Udyog Ltd. said on Thursday it will own 70 percent of a new car joint venture with Suzuki, putting to rest fears that India's top car maker would lose out on new investment by its Japanese parent. Suzuki Motor Corp. , Japan's fourth-largest car maker by value and one-fifth owned by General Motors Corp , will own the remaining stake in the facility due to open in early 2007 and have a capacity to make 250,000 vehicles a year. The ...

Premium Content (PAID Subscription Required)

"UPDATE 1-India's Maruti to hold 70 pct stake in new car JV" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Dec 6, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos 2

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×