Active Stocks
Tue Mar 19 2024 15:01:05
  1. Tata Consultancy Services share price
  2. 3,985.40 -3.84%
  1. Tata Steel share price
  2. 149.25 -0.23%
  1. Bharti Airtel share price
  2. 1,229.90 0.40%
  1. Power Grid Corporation Of India share price
  2. 259.65 -2.02%
  1. ITC share price
  2. 409.50 -1.89%
Business News/ Companies / News/  Maruti Suzuki stops production of iconic 800
BackBack

Maruti Suzuki stops production of iconic 800

The last of the Maruti 800s rolled off the production lines on 18 January

More than 2.7 million units of the Maruti 800 have been sold since it was launched in India in 1983. Photo: Pradeep Gaur/MintPremium
More than 2.7 million units of the Maruti 800 have been sold since it was launched in India in 1983. Photo: Pradeep Gaur/Mint

Hyderabad: Maruti Suzuki India Ltd’s Gurgaon plant rolled out the country’s last Maruti 800 car last month, ending the hatchback’s three-decade run on Indian roads after a phase-out that began four years ago.

The last of the Maruti 800s rolled off the production lines on 18 January, C.V. Raman, executive director of engineering at Maruti Suzuki, said in Hyderabad on Friday.

“We have an emotional connect with the vehicle, but at some point of time, you have to take hard decisions," Raman said. “The transition had to be made."

More than 2.7 million units of the Maruti 800 have been sold since it was launched in India in 1983.

Maruti Suzuki, India’s largest car maker by sales, has already stopped selling the hatchback in 16 cities, including in all the metros, as it became unviable for the company to upgrade the car to comply with BS IV emission norms. It began to phase out production of the car in 2010.

Maruti 800 today sells “very well" in rural markets, Raman said.

The Maruti 800 lost its appeal among urban consumers as car buyers migrated to models such as the Alto and Wagon R from Maruti Suzuki’s stable and the Santro produced by Hyundai Motor India Ltd, among others.

Maruti Suzuki will continue producing spares for the car for the next 8-10 years, Raman said.

The production stoppage of Maruti 800 will not affect capacity utilization at Maruti Suzuki’s plants, Raman said. The company lately manufactured 18,000-21,600 units of the Maruti 800 annually, which Raman said was a small percentage of the company’s total annual manufacturing capacity of 1.5 million units a year.

Maruti Suzuki currently produces 1.1 million cars annually, using about 65% of its plants’ capacities.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 07 Feb 2014, 05:09 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie