Nissan demanding 35K Maruti A-Star for 2010-11

Maruti Suzuki A-Star, is again in the headlines, which is in demand by the Japanese Auto giant Nissan, and the company has ordered 35,000 units of small car Maruti A-Star for 2010-11 to market in the European countries. Noted that the Maruti A-Star is sold in the name of Pixo in the European countries. R.C Bhargava, Chairman Maruti Suzuki India quoted as saying to a newspaper that Maruti has three years contract with Nissan and the latter consented to buy 35,000 units annually from the former. And the 35,000 units' order will be continue depending on market demand for the product. He also added that Nissan had demanded the order on height of 54,000 units from earlier of 35,000 units. A Nissan executive told at the Geneva Auto Show the relationship with Maruti and it would be reviewed after 2013, as Volkswagen is looking for a 20% stake in MIS's parent company Suzuki. Bhargava disclosed that the total price of replacing the faulty gaskets of 1 lakh Maruti A-Stars would be Rs 32 crore. In the total cost, Maruti would hold 40% of the share and the rest is to be paid by the vendor. It is to be mentioned here that Maruti had called back around 1 lakh Maruti A-Star on account of faulty gaskets last month.