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Maruti Suzuki Enhances Vehicle Warranty

16 July 20242 mins read by Angel One
Maruti Suzuki extends the standard vehicle warranty to 3 years or 1,00,000 km and offers up to 6 years or 1,60,000 km with expanded coverage options.
Maruti Suzuki Enhances Vehicle Warranty
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Maruti Suzuki India Ltd, India’s largest carmaker, has announced significant enhancements to its warranty programs, effective from July 9, 2024. The standard warranty for all vehicles has been extended to 3 years or 1,00,000 km, a notable increase from the previous 2 years or 40,000 km coverage.

The company stated that this enhancement encompasses critical components such as the engine, transmission, mechanical parts, electrical systems, and air conditioning, excluding consumables. Owners will benefit from free repairs at any authorised Maruti Suzuki service centre nationwide throughout the warranty period, ensuring comprehensive support for vehicle maintenance.

In addition to the extended standard warranty, Maruti Suzuki has introduced expanded options for extended warranty packages. Customers now have the choice to extend coverage for up to 6 years or 1,60,000 km, providing extended peace of mind beyond the initial warranty period.

Furthermore, the company has broadened the scope of its extended warranty to include coverage for 11 high-value parts that were previously limited to the standard warranty duration. These enhancements underline Maruti Suzuki’s commitment to customer satisfaction and confidence in its vehicle durability, offering enhanced reliability and support for car owners across India.

Speaking of this significant development, the Senior Executive Officer of Marketing and Sales at Maruti Suzuki India Ltd, Partho Banerjee, said, “The enhanced standard warranty and updated extended warranty packages will offer our customers added convenience and peace of mind, ultimately enhancing their overall ownership experience.”

About Maruti Suzuki India Ltd

Established in 1981, Maruti Suzuki India entered into a joint venture with Suzuki Motor Corporation (SMC), Japan, in 1982 and subsequently became a subsidiary of SMC in 2002. Today, it leads the passenger vehicle segment in India and is SMC’s largest subsidiary by production volume and sales. SMC holds a majority equity stake of 56.28%. The company’s core operations include manufacturing and selling motor vehicles, components, and spare parts.

On July 10, 2024, the share price of Maruti Suzuki India Ltd opened at ₹12,950.05, touching the day’s high at ₹13,300.00, as of 12:49 PM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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