Maruti Decides To Recall 'A-Star' On Fuel Leakage!
It seems to be a time of recalls for the auto business with Maruti Suzuki now settling on to call back around 100,000 'A-Star' cars from India for a defective fuel pump.
In a declaration, the company said, "In November 2009, we came across an anomaly reported in the fuel tank in some of the vehicles and by December 2009, we started contacting the customers through letters."
"These vehicles belonged to a lot made till Aug 22, 2009 only. In case fuel is filled to the brim, beyond the fuel auto cut off position, a possible fuel leakage from the fuel pump mounting area may take place. No problem has been reported by customers."
But as a subject of concern, Maruti stated that it decided to test out all vehicles from the batch and the fuel pump kit and ring were being substituted for some 100,000 cars including those exported overseas.
The news had a direct impact on the company's shares on BSE, where its share dropped to an intra-day low of Rs 1,320.25, to register a loss of 4.4%, before gaining some ground to end at Rs 1,336.85 after losing 3.24%.
Maruti's pronouncement comes hardly a month after the Indian division of another Japanese company Honda settled to call back 8,532 'City' sedans fabricated in 2007 from the Indian market for a part replacement of power window switches, which had the potential to catch fire.
"The third generation 'City' currently sold in India is not affected and does not require any part replacement," the company spokesperson said, after its parent called back 646,000 'Jazz' hatchbacks globally, excluding India. (With Input from Agencies)