Maruti Suzuki recalls 9,925 units 3 models to rectify possible defect in brake assembly
Considering the safety of customers and out of abundant precaution, the company has decided to recall the suspected vehicles for inspection and replacement of the faulty part, free of cost, it added.
Maruti Suzuki India Ltd is recalling 9,925 units of its three models, Wagon R, Celerio and Ignis, to rectify a possible defect in rear brake assembly pin, according to a regulatory filing by the company.
The affected vehicles are manufactured between August 3 and September 1, 2022.
"It is suspected that there is a possible defect in the rear brake assembly pin ('Part'), which in a certain case, may break and cause a peculiar noise. There may be a possibility of impact on brake performance in the long run," Maruti Suzuki India Ltd said in a filing on BSE.
Considering the safety of customers and out of abundant precaution, the company has decided to recall the suspected vehicles for inspection and replacement of the faulty part, free of cost, it added.
Parts for replacement are being arranged and authorised workshops shall be contacting the customers for attending their vehicles, the company said adding "necessary repair, if required, will be undertaken post inspection".
Earlier on Friday, Maruti Suzuki India Limited Chairman RC Bhargava on electric vehicles said the company is gearing up for its first product launch sometime in 2025 and ensuring that customers don't have any product, service or charging related issues in a systematic manner through localisation of production and more components.
"We're looking to see how the infrastructure is developing...," he added.
The Indian passenger vehicles segment is expected to touch record sales this fiscal and follow it up in 2023-24 with an 8 per cent growth, R C Bhargava said on Friday.
In a virtual press conference on the company's second-quarter earnings, Bhargava said several factors such as easing of semiconductor shortage, restoration of supply chain after the disruption by COVID-19 pandemic besides a better economic growth prospect in India are propelling automobile sales although small cars sales are gradually declining.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations
03:47 PM IST