Maruti Udyog Ltd [ Get Quote ], 54.2 per cent of whose equity is owned by Suzuki Motor Corp of Japan [ Images ], has said no to its dealers selling two-wheelers of Suzuki Motorcycles India [ Images ], in which SMC holds 74 per cent equity.
At the launch of SMI's motorcycles in January this year, its managing director Satya [ Images ] Sheel had said he would look to sell Suzuki's two-wheelers through Maruti's dealer outlets.
"We will look to use Maruti's communication and dealer network. We are both Suzuki companies," he had said.
According to a Maruti executive, the company has said no to that. However, there are some dealers of Maruti which also own two-wheeler outlets affiliated to other manufacturers and some of them may opt for Suzuki. Some may also open new outlets devoted to Suzuki's two-wheelers.
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