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Maruti Suzuki to recall nearly 1,300 vehicles to inspect possible airbag controller unit fault

India’s largest passenger vehicle manufacturer, Maruti Suzuki India Limited (MSIL) will undertake a voluntary recall of 1,279 vehicles to inspect possible fault in Airbag Controller Unit. The recall will be limited to its new Swift (566 vehicles) and new Dzire (713 vehicles) manufactured between May 7, 2018 and July 5, 2018. As per the company, owners of the vehicles included in this recall campaign will be contacted by MSIL dealers for inspection and replacement of the faulty part free of cost. The recall campaign will begin today, July 25, 2018.

Maruti Suzuki India Ltd is currently trading at Rs9,742.05 down by Rs78.3 or 0.8% from its previous closing of Rs9,820.35 on the BSE. The scrip opened at Rs9,869.90 and has touched a high and low of Rs9,875 and Rs9,713.85 respectively. So far 1,26,286 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs2,96,653.13cr.

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