Maruti Suzuki India will terminate its contract manufacturing agreement with Suzuki Motor Gujarat (SMG) and acquire its shares from Suzuki Motor Corp, said the company in a regulatory filing. In addition, Maruti Suzuki said multiple locations would produce an increased 4 million cars annually by 2030-31, integrating different powertrain technologies, such as EVs, hybrids, CNG, and ethanol.
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Maruti Suzuki to end manufacturing agreement with Suzuki Motor Gujarat
01 August
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