Maruti Suzuki to recall about 10,000 units of Wagon R, Celerio, Ignis: Here's why

Maruti Suzuki to recall about 10,000 units of Wagon R, Celerio, Ignis: Maruti Suzuki is recalling almost 10,000 units of three of its cars, i.e. Wagon R, Celerio and Ignis manufactured between August 3 and September 1.

India's largest car maker is recalling its vehicles to rectify a possible defect in the rear brake assembly pin. 

In a regulatory filing, Maurti Suzuki said it has announced recall of 9,925 units of Wagon R, Celerio and Ignis manufactured between August 3 and September 1. "It is suspected that there is a possible defect in rear brake assembly pin (Part), which in a certain case, may break a nd cause a peculiar noise. There may be a possibility of impact on brake performance in the long run," the company said in a statement. 

"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.

Maurti Suzuki said parts for replacement are being arranged and authorised workshops shall be contacting the customers for attending their vehicles. Necessary repair, if required, will be undertaken post inspection, the car company added.

On October 28, Maruti Suzuki India reported an over four-fold increase in consolidated net profit to Rs 2,112.5 crore in the second quarter that ended September 30, 2022, riding on record sales. The company had posted a consolidated net profit of Rs 486.9 crore in the same period last fiscal, Maruti Suzuki India Ltd (MSIL) said in a regulatory filing.

Total revenue from operations was at Rs 29,942.5 crore as against Rs 20,550.9 crore in the year-ago period. MSIL said it sold a total of 5,17,395 vehicles during the quarter, its highest ever in any quarter.

The company has been making simultaneous efforts in securing electronic components availability, cost reduction and improving realisation from the market to better its margins, it added.

(With Inputs from agencies)