Maruti Suzuki A-star on NDTV
Thursday, November 20th, 2008
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Maruti Suzuki A-Star First Drive Video….
Maruti has launched the much awaited small car of the year - A-star . Like the swift petrol, A-star is also available in 3 variants - Lxi, Vxi and A-star Zxi. ZXi also comes with contemporary safety features such ABS with EBD and airbags.
Maruti Suzuki A-Star is a A-Segment car as per the European car standards. The car is produced from the company’s Manesar facility in Haryana.
Designed by Rajesh Kumar Gogu and Saurabh Singh of Maruti Suzuki India, A-Star, which is a five-door hatchback; has been engineered keeping in mind the trends and standards of the European market. Maruti Suzuki is planning to launch it on 19th November.
General Motors Corp. has announced that it will sell its 3% stake in Suzuki Motor Corp. back to Suzuki, for US$232 million, in a bid to raise cash. Suzuki will pay 1,363 yen per share to GM to buy back the 3.02% stake. GM had, back in March 2006, sold a 17.4% stake in Suzuki for around US$2 billion.
GM and Suzuki will, however, continue to work together in the area of automotive technology development. ‘We highly value our strategic relationship with Suzuki. This action will have no impact on our existing bilateral business relationships,’ said GM Chief Executive Officer, Rick Wagoner.
[via: indiaautomotive]