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About Maruti Suzuki

Maruti Suzuki India Limited (Hindi: मारुति सुज़ूकी इंडिया लिमिटेड) is a publicly listed automaker in India. It is a leading four-wheeler automobile manufacturer in South Asia. Suzuki Motor Corporation of Japan holds a majority stake in the company. It was the first company in India to mass-produce and sell more than a million cars. It is largely credited for having brought in an automobile revolution to India. It is the market leader in India. On 17 September 2007, Maruti Udyog was renamed to Maruti Suzuki India Limited. The company's headquarters remain in Gurgaon, near Delhi.

Profile

Maruti Suzuki is one of India's leading automobile manufacturers and the market leader in the car segment, both in terms of volume of vehicles sold and revenue earned. Until recently, 18.28% of the company was owned by the Indian government, and 54.2% by Suzuki of Japan. The Indian government held an initial public offering of 25% of the company in June 2003. As of May 10, 2007, Govt. of India sold its complete share to Indian financial institutions. With this, Govt. of India no longer has stake in Maruti Udyog.

Maruti Udyog Limited (MUL) was established in February 1981, though the actual production commenced in 1983 with the Maruti 800, based on the Suzuki Alto keicar which at the time was the only modern car available in India, its' only competitors- the Hindustan Ambassador and Premier Padmini were both around 25 years out of date at that point. Through 2004, Maruti has produced over 5 Million vehicles. Marutis are sold in India and various several other countries, depending upon export orders. Cars similar to Marutis (but not manufactured by Maruti Udyog) are sold by Suzuki in Pakistan and other South Asian countries.

The company annually exports more than 30,000 cars and has an extremely large domestic market in India selling over 730,000 cars annually. Maruti 800, till 2004, was the India's largest selling compact car ever since it was launched in 1983. More than a million units of this car have been sold worldwide so far. Currently, Maruti Alto tops the sales charts.

Due to the large number of Maruti 800s sold in the Indian market, the term "Maruti" is commonly used to refer to this compact car model. Till recently the term "Maruti", in popular Indian culture, was associated to the Maruti 800 model.

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Infobox

Car Insurance Comparison – Why It is Important

Knowing what to look for when making a car insurance comparison is getting to be more important all of the time. Most, if not all states require motorists to have some level of auto insurance.

But now, states like Mississippi that do not have insurance databases are going to have them, and there must be proof of insurance before the automobile can get its tags renewed. According to the Jackson Free Press, the Mississippi legislature passed a new law in mid-March of 2011 requiring that motorists have more than just an insurance card, but actually have the insurance and be in the database. No insurance means no tags. This will prevent motorists from signing up for insurance and then canceling the policy to save money and still have the card.

With this becoming more common, it is more important now than ever to know how to make a car insurance comparison. Everyone wants to save money on auto insurance, and if that is the name of your game, you will want to get the absolute minimum that your state requires. That does not necessarily mean that you are going to have great insurance, though, because it will most likely just be liability. If your car still has some value to it, this may not be the best for you. If your car is totaled, you will have no way to recover the loss.

If you are already covered under a health insurance plan, it may not be necessary to get additional medical coverage with your auto insurance. If not, this could be crucial. Other additions that you will have to consider include towing, comprehensive coverage, theft, extra liability, car rental and a number of other options your agent will be happy to show you.

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