Maruti Suzuki India Limited has introduced a limited edition of its popular SUV, the Grand Vitara PHANTOM BLAQ Edition, to commemorate a decade of its premium retail network, NEXA. This special edition model showcases the company's commitment to innovation and customer satisfaction in the competitive SUV market.

Exclusive Features

The PHANTOM BLAQ Edition is distinguished by its exclusive matte black color wrap, giving the vehicle a bold and sophisticated appearance. Available only in the Strong Hybrid Alpha+ variant, this edition maintains the premium all-black interior of the standard model, featuring perforated faux leather upholstery accented with champagne gold details.

Advanced Technology and Comfort

Maruti Suzuki has equipped the PHANTOM BLAQ Edition with a host of advanced features, including:

• Panoramic sunroof
• Ventilated front seats
• 22.86cm SmartPlay Pro+ infotainment system with wireless connectivity
• 360-degree view camera
• Head-Up Display
• Wireless charging dock

These features underscore Maruti Suzuki's focus on providing a luxurious and technologically advanced driving experience.

Safety First

The Grand Vitara PHANTOM BLAQ Edition comes with the NEXA Safety Shield, which includes:

• 6 airbags
• Electronic Stability Program
• ABS with EBD
• Other advanced safety features

This comprehensive safety package demonstrates Maruti Suzuki's commitment to passenger protection.

Grand Vitara's Market Success

The launch of this special edition comes on the heels of the Grand Vitara's impressive market performance. The model has achieved 300,000 sales in just 32 months since its introduction, highlighting its popularity among Indian consumers.

Powertrain Options

The Grand Vitara continues to offer multiple powertrain options to cater to diverse customer preferences:

• Strong Hybrid
• ALLGRIP Select (All-Wheel Drive)
• S-CNG variants

This variety of choices allows customers to select a Grand Vitara that best suits their driving needs and environmental considerations.

The introduction of the PHANTOM BLAQ Edition not only celebrates NEXA's 10-year milestone but also reinforces Maruti Suzuki's position in the premium SUV segment. As the automotive industry continues to evolve, this launch demonstrates the company's ability to adapt and innovate, meeting the changing preferences of Indian consumers.

Maruti Suzuki India Limited , one of India's leading automobile manufacturers, has received a significant customs order that could potentially impact its finances. The company, known for its popular passenger vehicles, is now gearing up to challenge the order before the appropriate authorities.

Customs Order Details

The Office of the Principal Commissioner of Customs, Air Cargo Complex (Import), New Delhi, has issued an Order-in-Original to Maruti Suzuki. The order directs the company to pay:

• Differential duty: ₹32.52 crore
• Penalty: ₹32.52 crore
• Applicable interest (amount not specified)

This brings the total known amount to ₹65.04 crore, excluding the unspecified interest component.

Company's Response

Maruti Suzuki has stated its intention to challenge the order before the appropriate authority. In its official communication to the stock exchanges, the company asserted that there is no major impact on its financial, operational, or other activities due to this order.

Timeline of Events

Market Implications

While Maruti Suzuki maintains that the order will not significantly affect its operations, investors and market analysts will likely keep a close eye on the developments. The outcome of the company's challenge to the order could have implications for its financial statements and regulatory compliance record.

Looking Ahead

As the situation unfolds, stakeholders will be watching for:

1. The grounds on which Maruti Suzuki plans to challenge the order
2. The timeline for the appeal process
3. Any potential revisions to the ordered amount
4. The final impact on the company's financials, if any

Maruti Suzuki's proactive disclosure of this information aligns with regulatory requirements and demonstrates transparency in its dealings with shareholders and the market at large. The company's confidence in challenging the order suggests it may have a strong case to present before the authorities.

As this story develops, it will be important to monitor any updates from both Maruti Suzuki and the customs authorities for a complete understanding of the situation and its potential ramifications for the automotive giant.