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The company established Cars24 Financial Services as a subsidiary in 2019. [20] The company received an NBFC license from Reserve Bank of India in July 2019. [21] Cars24 Financial Services provides consumer loan facilities to car dealers and end customers in the used car segment across 50 cities in India. [20]
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
India and other emerging markets City car (A-segment) hatchback. Marketed as the Cultus in Pakistan. Ignis: 2000 2016 Global Crossover-styled city car (A-segment). S-Presso: 2019 2019 India and other emerging markets Crossover-styled entry-level city car manufactured by Maruti Suzuki in India. Swift: 1984 (nameplate introduction) 2004 2023 Global
Maruti Suzuki India launched a new version of the first generation Alto in the Indian auto market in August 2010, the Alto K10. [8] The new Maruti Alto K10 is equipped with the company's 1.0-litre, K-series DOHC inline-three petrol engine which also powered the Celerio and Wagon R, mated to a five-speed manual transmission.
A left hand drive second gen Maruti Suzuki 800 with the 1995-1997 grille. Exports to neighboring countries commenced in 1987, and were followed by a shipment of 500 cars to Hungary, with the first car arriving on 24 October 1987. [5]
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Cleaner cars were also introduced, with several new models meeting the new Bharat Stage III emission standards. [26] In February 2012, Maruti Suzuki sold its ten millionth vehicle in India. [24] In July 2014 it had a market share of more than 45%. [27] In May 2015, the company produced its fifteen millionth vehicle in India, a Swift Dzire. [28]
Indian buyers were not fully confident in a plastic-bodied car and two-door cars have always had a very limited appeal in India. Although they had aimed to build 6,000 cars in two years, Sipani's total production in 1982 was 126 (this may have included a few Badals). [8] 1983 production was 302, followed by 930 cars in 1984. [11]