Maruti India Shares fall down to 50%

Online, July 22, 2010 (Newswire.com) - Delhi: Tomorrow here in South Delhi there was lot of buzz regarding the fall of Share price of maruti by 50%. All the marketing heads were discussing on the issue and try to find a way out.

With the launch of many car models with great customer response, Maruti India is also planning something different to attract and hold their market. For the first time, Maruti have seen such big change in the Share price.

Chairman of the Maruti India R.C. Bhargava said "The cost of ownership of vehicles will compensate competitors' hostile pricing tactics". It has been decided that an extra shift will focus on the new design concept and also give higher production to fulfill the advance bookings by the customers within 15 days. The company is planning to invest Rs.3, 000 crore to increase the production of 1.2 million cars by 2011. A target will be given to each manufacturing unit that will result in the production rise to 200,000 units.

As there are lots of competitors are launching there cars on cheap price, Maruti have a different plan for their consumers. Nissan Micra, Fiat Punto, Hyundai i30 and many more are the close competitors that will give challenge to Maruti India. But the Chairman said we have to be prepared for every situation and think ahead of our Challengers.

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