Maruti Suzuki recalls 33,098 units of Alto 800, Alto K10

Written By Unknown on Selasa, 10 Maret 2015 | 21.03

The company will proactively inspect and replace the 'right hand door latch assembly' of 19,780 units of Alto 800 and 13,318 units of Alto K10, Maruti Suzuki India (MSI) said in a statement. "From customer perspective, there is no concern if the right hand side door (front and rear) is completely latched.

Country's largest car maker Maruti Suzuki  India on Tuesday announced recall of 33,098 units of its small car models Alto 800 and Alto K10 manufactured between December 8, 2014 and February 18, 2015 to rectify defective latches on right side doors.

The company will proactively inspect and replace the 'right hand door latch assembly' of 19,780 units of Alto 800 and 13,318 units of Alto K10, Maruti Suzuki India (MSI) said in a statement. "From customer perspective, there is no concern if the right hand side door (front and rear) is completely latched.

If however, the door is half-latched, then the door may open if pressure is applied from inside," it said.

Although it is a rare condition, but in view of customer safety, the company is undertaking replacement of the door latch assembly, proactively, MSI added. Maruti Suzuki dealers in the domestic market will contact owners of all the affected vehicles.

The dealer workshop technicians will inspect the condition and carry out the necessary replacement, free of cost, it said. In December last year, MSI had recalled 3,796 units of its newly launched mid-sized sedan Ciaz to fix suspected faulty clutch.

Ever since the auto industry body SIAM started voluntary vehicle recalls for safety related issues in India in July 2012, over seven lakh vehicles have been recalled by various manufacturers in India.

The government is working on a recall policy. Last month, Mahindra & Mahindra had recalled an unspecified number of its premium sports utility vehicle XUV500 vehicles manufactured on or before July 2014 to upgrade the side curtain airbag software. 

Maruti Suzuki stock price

On March 10, 2015, Maruti Suzuki India closed at Rs 3648.30, down Rs 23.1, or 0.63 percent. The 52-week high of the share was Rs 3785.15 and the 52-week low was Rs 1680.00.


The company's trailing 12-month (TTM) EPS was at Rs 106.83 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 34.15. The latest book value of the company is Rs 694.45 per share. At current value, the price-to-book value of the company is 5.25.


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