Says no to dealers selling 2-wheelers of Suzuki Motorcycles India. |
Maruti Udyog Ltd, 54.2 per cent of whose equity is owned by Suzuki Motor Corp (SMC) of Japan, has said no to its dealers selling two-wheelers of Suzuki Motorcycles India (SMI), in which SMC holds 74 per cent equity. |
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At the launch of SMI's motorcycles in January this year, its managing director Satya Sheel had said he would look to sell Suzuki's two-wheelers through Maruti's dealer outlets. |
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"We will look to use Maruti's communication and dealer network. We are both Suzuki companies," he had said. |
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According to a Maruti executive, the company has said no to that. However, there are some dealers of Maruti which also own two-wheeler outlets affiliated to other manufacturers and some of them may opt for Suzuki. Some may also open new outlets devoted to Suzuki's two-wheelers. |
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The sale of SMI's products through Maruti's dealers could have given a boost to Suzuki's motorcycles, which are now riding into a market dominated by Hero Honda, Bajaj Auto and TVS. The three together have over 90 per cent share of the motorcycle market in India. |
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