Maruti Suzuki calls back 50K units of Swift, Baleno
To inspect and replace a possible faulty part, auto major Maruti Suzuki has planned a service campaign starting next week. The fault is detected in the brake vacuum hose of the company's most popular UV brands.
According to a leading news agency, close to 52,000 vehicles owners of Swift and Baleno brand have been contacted by Maruti's dealer for replacement of brake vacuum hose. The vehicles were produced between December 1, 2017 to March 16, 2018. It's alleged that the company is calling it a free of cost service campaign.
Maruti Suzuki's compact utility vehicles sub-segment registered 31.8 per cent growth QoQ in Q4FY18 with 83,834 units as compared to 63,584 units in Q4FY17. The brands in the UV segment include Baleno, Celerio, Dzire, Ignis, Swift and Tour S.
Meanwhile, the stock of Maruti Suzuki closed at Rs. 8,775.15 per share, up by 0.37 per cent on Tuesday. The BSE Auto index closed at 25425.18, down by 108.36 points or 0.42 per cent and the Nifty Auto index closed at 11,437.20, down by 52.40 or 0.46 per cent.