Largest car maker sees no reason for cheer in FY14
These overseas assembly plants could be run by Maruti directly and not by Suzuki Motor Corp, he said, adding, however, that “at the moment there are no such plans to set up assembly operations anywhere”.
On the company’s plans to enter premium segment of Indian passenger car market, Bhargava said: “Maruti and Suzuki Motor grew and became profitable on the basis of small cars. Small cars in India is going to be a big segment in future also. MSI has the image that it is first class small car maker and I would try to protect that image.”
He also ruled out MSI diversifying into the commercial vehicle segment.
Asked about the progress at the violence-hit Manesar plant, Bhargava said the production has reached normal level of about 1,900 units per day. When asked if the company would reconsider to take back some of the workers that were fired after the violence in, he replied in the negative.
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