Maruti's domestic PV wholesales rise 15% in May
1 year, 6 months ago

Maruti's domestic PV wholesales rise 15% in May

India Today  

Maruti Suzuki India today announced that its domestic passenger vehicle wholesales increased 15.45% at 143,708 units in May 2023 from 124,474 units in the same month last year. Even the sales to other original equipment manufacturer declined 19.48% at 5,010 units in May 2023 from 6,222 units in May 2022. The total exports of Maruti slipped 2.63% at 26,477 units in May 2023 from 27,191 units in the same month last year. On the back of a strong show in the domestic PV segment, the carmaker's overall volumes increased 10.33% at 178,083 units in May 2023 from 161,413 units in the year-ago month.

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Maruti Suzuki hits 20 lakh vehicles produced in 2024, led by Baleno, Fronx, and Ertiga
1 week ago

Maruti Suzuki hits 20 lakh vehicles produced in 2024, led by Baleno, Fronx, and Ertiga

Live Mint  

Automaker Maruti Suzuki has reached a significant production milestone, becoming the first original equipment manufacturer in India to produce two million vehicles in a single calendar year, reported ANI. Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India, highlighted the achievement as a reflection of India's growing manufacturing capabilities and the company’s commitment to the 'Make in India' initiative. …

Maruti Suzuki car prices to rise by up to 4 percent from January 2025
2 weeks, 3 days ago

Maruti Suzuki car prices to rise by up to 4 percent from January 2025

India TV News  

Maruti Suzuki India Limited has announced that it will raise the prices of its cars starting in January 2025. This price increase announcement from Maruti Suzuki follows similar decisions from other major car brands. For instance, Hyundai Motor India Limited announced on December 5 that it would increase prices by up to Rs 25,000 for its 2025 models, effective January …

Maruti Suzuki, Tata Motors, and M&M post PV sales growth YoY in Nov; Hyundai records decline
3 weeks, 1 day ago

Maruti Suzuki, Tata Motors, and M&M post PV sales growth YoY in Nov; Hyundai records decline

Deccan Chronicle  

India's passenger vehicle market witnessed varied performance across major automakers in November 2024.While Maruti Suzuki, Mahindra & Mahindra, and Tata Motors posted year-on-year growth, Hyundai faced challenges in its domestic market.Maruti Suzuki, the country's largest carmaker, reported strong growth in total passenger vehicle sales, reaching 141,312 units during the month. However, the company's sales in October 2024 were higher at …

History made! Meet India's only carmaker to reach 3 million exports. Not Tata, Mahindra
4 weeks, 1 day ago

History made! Meet India's only carmaker to reach 3 million exports. Not Tata, Mahindra

India Today  

The country's largest carmaker, Maruti Suzuki India, today announced that it has reached the milestone of 3 million cumulative vehicle exports. The progression from 2 million to 3 million cumulative exports was achieved in just three years and nine months, making it the fastest million for Maruti Suzuki. "The 3 million cumulative exports milestone reflects India's automobile manufacturing excellence and …

Tata Motors expects PV retail sales to sustain momentum in Q3
1 month, 1 week ago

Tata Motors expects PV retail sales to sustain momentum in Q3

Live Mint  

New Delhi, Nov 17 Tata Motors is expecting passenger vehicle retail sales to maintain growth momentum in the ongoing quarter driven by year-end demand, according to a top company executive. As per FADA data, festive demand helped PV retail sales rise 32 per cent year-on-year to 4,83,159 units in October. Strong retail sales in October, has allowed the automaker to …

Maruti Suzuki Records Highest Monthly Sales of 2.06 Lakh Units in October
1 month, 3 weeks ago

Maruti Suzuki Records Highest Monthly Sales of 2.06 Lakh Units in October

Hindustan Times  

Maruti Suzuki achieves a new sales record in October, with 2.06 lakh units sold. The company primarily sold utility vehicles, with the Brezza, Ertiga, and Grand Vitara accounting for 70.644 units, a significant increase from last year's 59,147 units. The compact car segment, including the Baleno and Celerio, saw a decline in sales, while the 'mini' segment experienced a significant …

Stocks to Watch: Mankind Pharma, Suzlon Energy, Adani Enterprises, Godrej Properties, and more
2 months, 3 weeks ago

Stocks to Watch: Mankind Pharma, Suzlon Energy, Adani Enterprises, Godrej Properties, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Maruti Suzuki India recorded total sales of 1.84 lakh units in September 2024, marking a 1.9 percent year-on-year increase. While total domestic sales declined by 1.15 percent to 1.57 lakh units, passenger vehicle sales dropped by 3.9 percent to 1.45 lakh units. Eicher Motors saw an …

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher
5 months, 3 weeks ago

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher

Live Mint  

Maruti Suzuki, India's largest carmaker, posted a robust 12.42 per cent sales growth in June. However, Maruti Suzuki's mid-segment cars like Alto and S-Presso faced a decline in sales figures, going down 49.5 per cent to 9,395 units as compared to 14,054 units in June 2023. The sale of the company's utility vehicles, which include Brezza, Ertiga, Fronx, Jimny, and …

Maruti Suzuki sales rise 12% to 1,79,228 units in June
5 months, 3 weeks ago

Maruti Suzuki sales rise 12% to 1,79,228 units in June

Hindustan Times  

Automaker Maruti Suzuki India on Monday reported a 12 per cent increase in total wholesales to 1,79,228 units in June. The company had dispatched 1,59,418 units to its dealers in the same month last year, Maruti Suzuki India said in a statement. The total domestic passenger vehicle sales were 1,37,160 units last month compared to 1,33,027 units in the year-ago …

Passenger vehicle exports rise by 2.68 lakh units in 4 years; 70 percent is Maruti Suzuki
6 months, 2 weeks ago

Passenger vehicle exports rise by 2.68 lakh units in 4 years; 70 percent is Maruti Suzuki

Hindustan Times  

Passenger vehicle exports from India rose by 2.68 lakh units in the last four financial years, with Maruti Suzuki India accounting for nearly 70% of the incremental shipments during the period, PTI reported. Maruti Suzuki contributed nearly half of overall car sales in India in 2023 As per the industry data, passenger vehicle exports in the financial year 2020-21 stood …

Car sales grew by four per cent in May to 3.50 lakh units
6 months, 3 weeks ago

Car sales grew by four per cent in May to 3.50 lakh units

New Indian Express  

MUMBAI: Passenger vehicle sales during the month of May were in the slow lane as buyers’ sentiments were impacted by general elections and extreme heat waves. Maruti Suzuki reported that its domestic PV sales rose marginally to 1,44,002 units last month from 1,43,708 units in the year-ago period. Secondly, there were elections and the scorching temperatures also had an impact …

Car Sales In April Rise Marginally To 3.38 Lakh Units
7 months, 3 weeks ago

Car Sales In April Rise Marginally To 3.38 Lakh Units

Deccan Chronicle  

After a record all-time high numbers in fiscal 2024, passenger vehicle wholesales during April grew marginally 1.76 per cent year-on-year at 3,38,341 units due to high base of last year and lukewarm retails during the electioneering season in the country. Tata Motors, the third-ranked passenger vehicle maker’s wholesales also grew 2 per cent at 47,983 units as against 47,107 units …

April Car Sales Up Marginally to 3.38 Lakh Units
7 months, 3 weeks ago

April Car Sales Up Marginally to 3.38 Lakh Units

Deccan Chronicle  

Pune: After a record all-time high numbers in fiscal 2024, passenger vehicle wholesales during April grew marginally 1.76 per cent year-on-year at 3.38 lakh units due to high base of last year and lukewarm retails during the electioneering season in the country. Maruti Suzuki reported flat wholesales in April at 1,37,952 lakh units as against 1,37,320 units sold in the …

Maruti Suzuki Q4 net profit up 48% at Rs 3,878 cr, revenue up 19%
7 months, 3 weeks ago

Maruti Suzuki Q4 net profit up 48% at Rs 3,878 cr, revenue up 19%

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker, on Friday reported a standalone net profit of Rs 3,878 crore for the fiscal fourth quarter, up 48 per cent from the year-ago period due to higher sales volume and favourable commodity prices. The company declared its highest-ever dividend of Rs 125 per share.Maruti said it has achieved its highest-ever annual sales volume, …

Maruti Suzuki hikes prices of Swift and selected variants of Grand Vitara. Check latest rates here
8 months, 2 weeks ago

Maruti Suzuki hikes prices of Swift and selected variants of Grand Vitara. Check latest rates here

Hindustan Times  

Maruti Suzuki increased prices of Swift and selected variants of Grand Vitara Sigma. The leading automaker announced a 0.45 percent price hike across models in January as it cited increased cost pressure driven by overall inflation and increased commodity prices. Maruti Suzuki share price today Maruti Suzuki's shares were down 1.6% to ₹12,683.65 apiece on BSE Sensex today. Maruti Suzuki …

Is there more steam left in the passenger vehicle segment?
8 months, 3 weeks ago

Is there more steam left in the passenger vehicle segment?

Live Mint  

Maruti Suzuki India Ltd’s ended FY24 on a good note within the passenger vehicle industry. As such, Maruti’s volume growth last month can be attributed pretty much to the stellar show put up by the utility vehicle segment, highlighting the preference of consumers. While Hyundai’s sales mix is dominated by Creta SUV contributing more than one fifth of total sales, …

Maruti Suzuki stock jumps 3.7% to record high, crosses ₹12,000 mark for first time
9 months ago

Maruti Suzuki stock jumps 3.7% to record high, crosses ₹12,000 mark for first time

Live Mint  

In a noteworthy achievement, shares of Maruti Suzuki India, the country's largest automaker, surged to a historic high, crossing the ₹12,000 per share mark for the first time in today's trading session to set a new record high of ₹12,025 apiece by gaining 3.7%. Today's rally came after the global brokerage firm CLSA stated in its recent note that the …

February PV sales jump 11% to 3.73 lakh units
9 months, 3 weeks ago

February PV sales jump 11% to 3.73 lakh units

New Indian Express  

NEW DELHI: In another bumper month for domestic automobile industry, domestic passenger vehicle sales stood at more than 3.73 lakh units in February 2024, up 11.3% year-on-year. During the first 11 months of FY24, PV sales surged to 38.59 lakh units, a growth of 8.6% YoY. Maruti reported a 9% growth in February 2024 domestic PV sales at 1,60,271 units …

Tata Motors sales rise 8% to 86,406 units in February; PV sales up 19% YoY
9 months, 3 weeks ago

Tata Motors sales rise 8% to 86,406 units in February; PV sales up 19% YoY

Live Mint  

Tata Motors reported an 8.4% rise in its total wholesales to 86,406 units in February as compared with 79,705 units in the same month last year. The automobile major’s total domestic sales stood at 84,834 units last month as against 78,006 units last month, a growth of 9%. Tata Motors’ passenger vehicles sales, including electric vehicles, in the domestic market, …

Entry-level cars below ₹5 lakh witness a sharp decline in demand
10 months, 1 week ago

Entry-level cars below ₹5 lakh witness a sharp decline in demand

Hindustan Times  

The demand for entry-level cars priced below ₹5 lakh has sharply declined among Indian customers. Substantial increase in the price of entry-level cars During the past five years, the prices of cars in the sub- ₹5 lakh segment have experienced a substantial increase of 65 per cent. On the contrary, cars priced between ₹7 to 8 lakh, such as Baleno, …

Auto makers start 2024 on high note, report growth in January sales
10 months, 3 weeks ago

Auto makers start 2024 on high note, report growth in January sales

Hindustan Times  

Automobile makers in the country started the New Year on a positive note with most players across segments reporting higher sales volume in January compared to the same month last year. Maruti Suzuki India's total vehicle sales increased by 15.5 per cent at 1,99,364 units in January from 1,72,535 units in the same month last year, the company said in …

Maruti Suzuki hikes prices across models by 0.45% effective today
11 months, 1 week ago

Maruti Suzuki hikes prices across models by 0.45% effective today

Live Mint  

Maruti Suzuki India, the largest passenger car manufacturer in India, on Tuesday announced an increase in prices of its entire model range with immediate effect amid rising cost pressure due to high commodity prices. An estimated weighted average of increase across models stands at around 0.45%, Maruti Suzuki India said in a regulatory filing. Maruti Suzuki India’s production in December …

Maruti Suzuki’s board approves increase in Suzuki Motors stake by 2%
1 year, 1 month ago

Maruti Suzuki’s board approves increase in Suzuki Motors stake by 2%

Live Mint  

Maruti Suzuki, on Friday, announced that the board of directors has approved the allocation of 12,322,514 shares to Suzuki Motor Company Ltd through a preferential allotment at the rate of ₹10,420.85 per share. The company has announced that it will be releasing a payment of ₹10,420.85 per equity share for the acquisition of 100% equity shares of Suzuki Motor Gujarat …

Maruti Suzuki posts highest ever net profit at Rs 3,716 crore in Q2
1 year, 1 month ago

Maruti Suzuki posts highest ever net profit at Rs 3,716 crore in Q2

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker, on Friday reported an 80.3 per cent year-on-year jump in its standalone net profit at Rs 3,716.5 crore for the quarter ended September 30 on the back of higher net sales, softening of commodity prices, cost reduction efforts and higher non-operating income. The maker of popular car models like Baleno and Invicto’s profit …

Maruti Suzuki eyes ₹1.25 lakh crore capex till 2030-31 to expand production
1 year, 2 months ago

Maruti Suzuki eyes ₹1.25 lakh crore capex till 2030-31 to expand production

Live Mint  

Maruti Suzuki, India’s largest carmaker, in a regulatory filing on Monday said the company planning to enhance product range to 28 models from 17 currently and expand the production capacity hence it could need a capex of around ₹1.25 lakh crore till 2030-31. The automaker said it is planning to expand its total production capacity to 40 lakh units per …

Maruti 3.0 Increase Capacity 20 Lakh Units Annually In 9 Years Chairman R C Bhargava Maruti Suzuki India
1 year, 4 months ago

Maruti 3.0 Increase Capacity 20 Lakh Units Annually In 9 Years Chairman R C Bhargava Maruti Suzuki India

ABP News  

Automaker Maruti Suzuki India unveiled the new phase of the company titled, ‘Maruti 3.0’, with an aim to increase the capacity by 20 lakhs unit per annum in nine years. The second phase ended with the Covid pandemic, and the Indian car market became the third largest in the world.” Talking about the challenges for the company, Bhargava said, “It …

Maruti Suzuki meets profit estimates; set to acquire parent company's Gujarat plant
1 year, 4 months ago

Maruti Suzuki meets profit estimates; set to acquire parent company's Gujarat plant

Hindustan Times  

Maruti Suzuki India Ltd. reported first-quarter profit in line with the estimate as easing semiconductor crisis boosted sales. Net income was 24.9 billion rupees for the three months ended June 30, compared with 10.1 billion rupees a year earlier, the unit of Japan’s Suzuki Motor Corp. said Monday. Total costs advanced 19% to 301.4 billion rupees, according to the filing, …

Maruti Suzuki shares cross ₹10,000 mark, market cap crosses 3 lakh crore
1 year, 5 months ago

Maruti Suzuki shares cross ₹10,000 mark, market cap crosses 3 lakh crore

Live Mint  

The shares of Maruti Suzuki crossed the ₹10,000 mark, marking a new record of ₹10,003. The surge took the company's market capitalisation past the ₹3 lakh crore mark. Maruti Suzuki India is looking to double its turnover to around ₹1.68 lakh crore by 2030-31 from FY22 level in line with parent Suzuki Motor Corporation's global growth strategy, company Managing Director …

Maruti Suzuki’s sales increased by 2% in June, reaching 159,418 units
1 year, 5 months ago

Maruti Suzuki’s sales increased by 2% in June, reaching 159,418 units

The Hindu  

The country's largest carmaker MSI on July 1 reported 2% increase in total wholesales at 1,59,418 units in June. Last month, the company's domestic passenger vehicle sales rose 8% to 1,33,027 units as against 1,22,685 units in the year-ago period, it added. Sales of mini cars, comprising Alto and S-Presso, fell marginally to 14,054 units as compared with 14,442 units …

Maruti Suzuki expects June sales to be impacted by chip shortage: Report
1 year, 6 months ago

Maruti Suzuki expects June sales to be impacted by chip shortage: Report

Live Mint  

Maruti Suzuki India, the largest passenger vehicle manufacturer in India, expects its sales in June to be impacted by semiconductor shortage, as per report. Speaking to CNBC-TV18, Shashank Srivastava, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India said that its June sales are likely to be impacted due to semiconductor availability still under pressure for some of its models. …

Maruti Suzuki May sales rise 10% to 1.78 lakh units; PV sales up 15%
1 year, 6 months ago

Maruti Suzuki May sales rise 10% to 1.78 lakh units; PV sales up 15%

Live Mint  

Maruti Suzuki India, the largest passenger car manufacturer in India, reported total vehicle sales at 178,083 units in May 2023, registering a rise of 10.32% as compared to 161,413 units sold in the same month last year. In the passenger vehicle segment, the company's domestic sales increased 15.3% to 143,708 units as against 124,474 units, YoY. Among its Mini and …

Maruti Suzuki Q4 profit up 43% at Rs 2,624 cr, adds 10 lakh capacity
1 year, 7 months ago

Maruti Suzuki Q4 profit up 43% at Rs 2,624 cr, adds 10 lakh capacity

Deccan Chronicle  

PUNE: Maruti Suzuki, India’s biggest car maker on Wednesday said its standalone net profit jumped 43 per cent year-on-year to Rs 2,624 crore for the fourth quarter ended March. The Delhi-based auto major’s revenue from operations grew 20 per cent year-on-year to Rs 32,048 crore for the March quarter. On the operating front, EBITDA jumped 38 per cent to Rs …

Maruti Suzuki Q4 results: Net profit rises 43%, highest-ever dividend declared
1 year, 7 months ago

Maruti Suzuki Q4 results: Net profit rises 43%, highest-ever dividend declared

India Today  

The country's largest carmaker, Maruti Suzuki India, has reported a rise of 43% year-on-year in standalone net profit at Rs 2,624 crore for the quarter ended March 2023 owing to relatively better volumes and improved realization. Category Q4 FY23 Q4 FY22 Growth Net sales Rs 30,822 cr Rs 25,514 cr 21% Revenue from operations Rs 32,048 cr Rs 26,740 cr …

Maruti Suzuki Q4: Profit jumps 42%, revenue up 20% YoY
1 year, 7 months ago

Maruti Suzuki Q4: Profit jumps 42%, revenue up 20% YoY

Live Mint  

India's largest carmaker Maruti Suzuki India posted a consolidated net profit of ₹2,670.8 crore for the January-March quarter of the financial year 2022-23, up 42.4 per cent year-on-year against the profit of ₹1,875.8 crore in the corresponding quarter of the previous financial year. Total revenue from operations for the quarter under review stood at ₹32,059.6 crore, up 19.85 per cent …

Maruti eyes 25% of India SUV market
1 year, 8 months ago

Maruti eyes 25% of India SUV market

Live Mint  

NEW DELHI : Maruti Suzuki India Ltd is aiming to capture a 25% share of the rapidly expanding sport utility vehicle market, more than doubling its share by the end of the current fiscal year, a top executive said. View Full Image Maruti Suzuki sales data Srivastava expects the SUV segment to account for about 47% of the 4.10 million …

Maruti Suzuki intends to sell 500,000 SUVs in fiscal 2023-24
1 year, 8 months ago

Maruti Suzuki intends to sell 500,000 SUVs in fiscal 2023-24

India TV News  

Maruti Suzuki, the country’s largest carmaker, plans to sell approximately 500,000 vehicles in the current fiscal year 2023-2024 in order to maintain its lead in the country’s fast-growing sports utility vehicle market. Due to high demand for these new models this year, Maruti Suzuki plans to boost its overall market share to 45% in FY24, up from 41% in FY23. …

Maruti Suzuki hikes vehicle prices across all models. Details here
1 year, 8 months ago

Maruti Suzuki hikes vehicle prices across all models. Details here

Live Mint  

Maruti Suzuki on 1 April increased prices of its vehicles across all models. As per the regulatory filing, an estimated weighted average of increase across models stands at around 0.8 percent and is calculated using ex showroom prices of models in Delhi. Recently, Maruti Suzuki India Senior Executive Officer, Marketing and Sales, Shashank Srivastava said that the auto maker expects …

From Maruti Suzuki to Tata Motors - A look at vehicle sales in March
1 year, 8 months ago

From Maruti Suzuki to Tata Motors - A look at vehicle sales in March

Live Mint  

As the financial year comes to an end, several automobile companies have posted their sale records for the month of March. Total two-wheelers sales grew 5% last month to 3,07,559 units while domestic two-wheeler sales rose 22% to 2,40,780 units. Kia India Automaker Kia India said on Saturday that its sales wholesales had declined by 5% to 21,501 units last …

Maruti Suzuki India overseas shipments cross 25 lakh units milestone
1 year, 8 months ago

Maruti Suzuki India overseas shipments cross 25 lakh units milestone

Live Mint  

Maruti Suzuki India Ltd announced on Wednesday that it has crossed the 25 lakh units milestone of cumulative exports since starting overseas shipments. In a statement, Maruti Suzuki India Managing Director & CEO Hisashi Takeuchi said “The landmark export of 2.5 million vehicles stands as a testimony to India's manufacturing prowess. This feat demonstrates Maruti Suzuki's resolute commitment to the …

Maruti Suzuki targets sales via Nexa outlets to overtake Hyundai, Tata Motors
1 year, 9 months ago

Maruti Suzuki targets sales via Nexa outlets to overtake Hyundai, Tata Motors

Live Mint  

Maruti Suzuki India Senior Executive Officer, Marketing and Sales, Shashank Srivastava said that the auto maker expects the sale of its premium vehicles sold through the Nexa retail outlets to exceed the overall sales of Hyundai and Tata Motors by 2023. Maruti Suzuki's Nexa chain accounts for about 23 per cent of the company's overall sales this year and has …

Maruti Suzuki expects chip shortage to continue for few more quarters
1 year, 9 months ago

Maruti Suzuki expects chip shortage to continue for few more quarters

The Hindu  

Maruti Suzuki India expects semiconductor shortage to continue for the next few quarters leading to a further increase in order backlog of certain models, according to a senior company official. Last quarter we lost 46,000 units due to this issue and this quarter also the problem continues for a few models," Maruti Suzuki India Senior Executive Officer Shashank Srivastava told …

Carmakers begin 2023 on a strong note, post handsome growth in domestic volumes in January
1 year, 10 months ago

Carmakers begin 2023 on a strong note, post handsome growth in domestic volumes in January

India Today  

After a stupendous performance in 2022, during which the passenger vehicle industry witnessed its highest-ever domestic volumes in a calendar year, the carmakers have begun 2023 on a strong note, posting handsome growth in domestic wholesale despatches in January on the back of robust customer demand and relatively better semiconductor supply leading to higher production. The domestic wholesales of Hyundai …

Maruti Suzuki India achieves domestic sales milestone of 25 million units
1 year, 10 months ago

Maruti Suzuki India achieves domestic sales milestone of 25 million units

India Today  

Maruti Suzuki India, the subsidiary of Japanese auto major Suzuki Motor Corporation, has achieved domestic sales milestone of 25 million units since rolling out its maiden car, the Maruti 800, 40 years ago in 1983. "Suzuki signed a joint venture agreement with Maruti Udyog, the predecessor of Maruti Suzuki in 1982 and rolled out its first car, Maruti 800, in …

Maruti in high gear
1 year, 10 months ago

Maruti in high gear

Live Mint  

Maruti Suzuki India Ltd on Tuesday reported a more than doubling of its net profit in the last quarter of 2022 to ₹2,351 crore, helping its stock price end more than 3% higher on bourses. With chip shortages easing, assembly lines look less likely to be disrupted now, which bodes well for future sales. Commodities coming off their recent price …

Maruti Suzuki Q3 Results Beats Estimates: Profit Jumps to Rs 2,351 Cr; Revenue Zooms 25% YoY
1 year, 11 months ago

Maruti Suzuki Q3 Results Beats Estimates: Profit Jumps to Rs 2,351 Cr; Revenue Zooms 25% YoY

News 18  

Maruti Suzuki Q3 Results: Maruti Suzuki India Ltd’s net profit for the quarter ending December more than doubled on YoY basis to Rs 2,351 crore. Meanwhile, revenue from operations rose nearly 25 per cent on year to Rs 29,044 crore and was also higher than the estimated Rs 27,162 crore. For the December quarter, Maruti reported a 24.9 per cent …

Maruti's domestic PV volumes at 4-year high in 2022
1 year, 11 months ago

Maruti's domestic PV volumes at 4-year high in 2022

India Today  

Maruti Suzuki India reported four-year high domestic passenger vehicle volumes at 1,576,025 units in 2022 owing to strong demand for its products and a relatively better semiconductor supply leading to more production. 2018 - 1,731,440 units 2019 - 1,485,939 units 2020 - 1,213,660 units 2021 - 1,364,792 units 2022 - 1,576,025 units For the PV segment, the industry-wide domestic volumes …

Maruti Suzuki India posts 9% decline in wholesales at 1,39,347 units in Dec
1 year, 11 months ago

Maruti Suzuki India posts 9% decline in wholesales at 1,39,347 units in Dec

The Hindu  

Maruti Suzuki India Ltd. on Sunday reported a 9% decline in total wholesales at 1,39,347 units in December 2022 compared to the year-ago month. The company had clocked a total sales of 1,53,149 units in the same month in 2021, Maruti Suzuki India said in a statement. Total domestic wholesales were at 1,13,535 units last month as against 1,26,031 units …

PV industry records highest-ever annual domestic volumes in 2022
1 year, 11 months ago

PV industry records highest-ever annual domestic volumes in 2022

India Today  

The passenger vehicle industry witnessed its highest-ever domestic volumes during a calendar year at 3,793,000 units in 2022 driven by strong customer demand, improvement in semiconductor supply resulting in higher production and new launches, particularly in the SUV segment. While the PV volumes in the domestic market in CY22 were 23% higher than the 3,082,000 units sold in CY21, they …

Maruti Suzuki Cars in India to Get Costlier, Price Hike from January 2023
2 years ago

Maruti Suzuki Cars in India to Get Costlier, Price Hike from January 2023

News 18  

India’s top carmaker Maruti Suzuki said on Friday it planned to increase the price of its vehicles in January, prompted by continued cost pressure due to inflation and recent regulatory requirements. India’s annual retail inflation eased to a three-month low of 6.77 percent in October, but has remained stubbornly above the 6 percent upper limit of the Reserve Bank of …

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