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 month, a growth of 3 per cent, it added. Utility vehicles, consisting of Brezza, Ertiga, S-Cross and XL6 clocked sales of 52,373 units last month compared to 43,404 units a year earlier. Sales of Eeco were at 10,771 units last month against 9,354 units in June last year, while that of light commercial vehicle Super Carry stood at 2,758 units compared to 2,992 units in the year-ago period.

Maruti Suzuki Sales Units Month  12  cars  sales  month  units  179228  stood  vehicle  rise  total  compared  yearago  maruti  suzuki

History of this topic

Meet a Maruti that came, saw, conquered. Sold 32 lakh units in 25 years. Not Swift or Dzire
6 days, 1 hour ago

Meet a Maruti that came, saw, conquered. Sold 32 lakh units in 25 years. Not Swift or Dzire

India Today  

The legendary Maruti Suzuki WagonR has completed 25 years in India, selling more than 32 lakh units. Maruti claimed that approximately 44% of the WagonR buyers are first-time buyers, and nearly one in every four buyers chooses to repurchase the car. The WagonR CNG has been India's highest-selling CNG model with 6.6 lakh units sold to date. Among the comfort …

Maruti achieves this historic production milestone. Not done by Hyundai, Tata, Mahindra
1 week ago

Maruti achieves this historic production milestone. Not done by Hyundai, Tata, Mahindra

India Today  

Maruti Suzuki India today announced a production milestone of 2 million vehicles in a calendar year for the first time in its history. This achievement reflects our commitment, alongside our supplier and dealer partners, to driving economic growth, supporting nation building, and making India's automobile industry self-reliant and globally competitive," Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki India. In …

Maruti Suzuki car prices to rise by up to 4 percent from January 2025
2 weeks, 2 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 to hike prices of cars up to 4% depending on variant from January 2025
2 weeks, 3 days ago

Maruti Suzuki to hike prices of cars up to 4% depending on variant from January 2025

Live Mint  

Auto major Maruti Suzuki India is set to increase the prices of its vehicles by up to 4 per cent, depending on the variant, starting in January 2025, according to a report by CNBC-TV18. Some portion of the increased cost may need to be passed on to the market,” the channel posted on X. Hyundai Price Hike This come a …

Maruti, Mahindra and MG cars to become pricier by 3-4% from next month
Trending News
2 weeks, 4 days ago

Maruti, Mahindra and MG cars to become pricier by 3-4% from next month

New Indian Express  

Get ready to pay more for four-wheelers as top automakers are increasing the prices of their models by 3-4% from next month. “In light of rising input costs and operational expenses, the company has planned to increase the prices of its cars from January 2025. It added, “While the company continuously strives to optimize costs and minimize the impact on …

Ertiga, Brezza, Dzire, Fronx, Swift, others: Maruti cars to get costlier from January
2 weeks, 4 days ago

Ertiga, Brezza, Dzire, Fronx, Swift, others: Maruti cars to get costlier from January

India Today  

The country's largest carmaker, Maruti Suzuki India, today announced that it will increase the prices of its cars by up to 4% in January 2025. Maruti will hike car prices owing to rising input costs and operational expenses. "In light of rising input costs and operational expenses, the company has planned to increase the prices of its cars from January …

This carmaker exported 3 times its domestic sales in November. Not Maruti, Hyundai, Tata
2 weeks, 4 days ago

This carmaker exported 3 times its domestic sales in November. Not Maruti, Hyundai, Tata

India Today  

Nissan Motor India has announced that it recorded cumulative wholesales of 9,040 units in November, selling 2,342 units in the domestic market and exporting 6,698 units. "It's a matter of great pride for all of us at Nissan Motor India to see our brand crossing the 5,00,000 domestic sales milestone. This remarkable feat reflects the continued trust our customers have …

Ending SUV rule! This hatch beat Creta, Punch, Brezza, Scorpio to emerge top-seller
2 weeks, 5 days ago

Ending SUV rule! This hatch beat Creta, Punch, Brezza, Scorpio to emerge top-seller

India Today  

The Indian car space is currently being dominated by SUVs from Maruti Suzuki India, Hyundai Motor India, Tata Motors and Mahindra & Mahindra. In November, the Maruti Suzuki Baleno was ahead of the Hyundai Creta, Tata Punch, Tata Nexon, Maruti Suzuki Brezza, Maruti Suzuki Fronx, and Mahindra Scorpio in terms of volume. The Maruti Suzuki Baleno was followed by the …

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

Stocks to watch today: Hyundai, Tata Motors, Cochin Shipyard, Eicher Motors
3 weeks, 1 day ago

Stocks to watch today: Hyundai, Tata Motors, Cochin Shipyard, Eicher Motors

India Today  

Stock markets ended last week with nearly a 1% gain, in a volatile week marking the second consecutive week of advances despite mixed global cues. In today's trade, several stocks, including Eicher Motors, Tata Motors, Hyundai, and Cipla, are expected to be in focus due to recent developments. EICHER MOTORS Eicher Motors shares will likely see activity as the company …

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 …

Maruti Suzuki India introduces All New Dzire at ₹6.79 lakh
1 month, 1 week ago

Maruti Suzuki India introduces All New Dzire at ₹6.79 lakh

The Hindu  

Maruti Suzuki India Ltd on Monday introduced the 4th generation All New Dzire with petrol and S-CNG models at prices starting ₹6.79 lakh. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Ltd said, “The Maruti Suzuki Dzire has long stood as a hallmark of excellence in the sedan segment and chosen by customers to become India’s highest-selling sedan year-after-year.” …

15 cars sold over 10,000 units in October. Ertiga, Creta, Punch, Scorpio drove demand
1 month, 2 weeks ago

15 cars sold over 10,000 units in October. Ertiga, Creta, Punch, Scorpio drove demand

India Today  

October was a month of festivities, marked by Navaratri, Dhanteras and Diwali. During the month, at least 15 models garnered volumes of more than 10,000 units. Cars with wholesales of over 10,000 units in October In October, Maruti Suzuki India sold more than 10,000 units of nine models, while Hyundai Motor India, Tata Motors and Mahindra & Mahindra had two …

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, 2 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 …

Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise
2 months, 3 weeks ago

Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise

Hindustan Times  

Bajaj Auto has reported a significant rise in the sales of its two-wheelers for September 2024, with domestic sales increasing by 28 per cent year-on-year. Bajaj Auto's strong market performance in September 2024 highlights significant growth in two-wheeler and commercial vehicle sales, driven by domestic and export demand. The overall sales of Bajaj's commercial vehicles, including both domestic and export …

Maruti Suzuki shares drive markets higher
5 months, 2 weeks ago

Maruti Suzuki shares drive markets higher

The Hindu  

Indian shares rose on July 9, led by Maruti Suzuki after the car maker's shares were traded at a premium to its closing price. Maruti Suzuki jumped 4.75% after the automaker's shares were traded in eight block deals — the trade of a large number of shares negotiated outside the open market — at a premium of 2.5%-4.3% over their …

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 …

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 …

Stocks to Watch: APSEZ, Maruti, Hero Moto, Eicher, REC, Puravankara
6 months, 2 weeks ago

Stocks to Watch: APSEZ, Maruti, Hero Moto, Eicher, REC, Puravankara

Live Mint  

Adani Ports and Special Economic Zone: Adani International Ports Holdings Pte Ltd, a subsidiary of Adani Ports and Special Economic Zone Ltd, has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port in Tanzania. Maruti Suzuki India: The company's total sales dipped by 2% to 1.74 …

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 share price rises over 2% after Q4 results: What you should know
7 months, 3 weeks ago

Maruti Suzuki share price rises over 2% after Q4 results: What you should know

Hindustan Times  

Maruti Suzuki share price: Shares of Maruti Suzuki gained over 2% today after the company announced its Q4 results. Maruti Suzuki share price: Corporate office of Maruti Suzuki India Limited is pictured in New Delhi. Brokerages on Maruti Suzuki share price Following the results brokerages increased Maruti Suzuki share price target as well. Emkay Global Financial Services said that profitability …

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 Q4 Results: Revenue rises 19% YoY led by price hike & annual sales, dividend declared; 5 key highlights
7 months, 3 weeks ago

Maruti Suzuki Q4 Results: Revenue rises 19% YoY led by price hike & annual sales, dividend declared; 5 key highlights

Live Mint  

Maruti Suzuki Q4 Results: Maruti Suzuki India announced its January-March quarter results for fiscal 2023-24 on Friday, April 26, reporting a rise of 48 per cent in net profit at ₹3,877.8 crore, compared to ₹2,623 crore in the corresponding period last year. Follow Maruti Suzuki Q4 Results Live Updates: Net profit rises 48% YoY to ₹3,878 crore, announces dividend of …

Maruti Suzuki hikes prices of Swift and selected variants of Grand Vitara. Check latest rates here
8 months, 1 week 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 …

Maruti Suzuki sets target to ship 3 lakh units in FY25, 8 lakh by 2030
8 months, 2 weeks ago

Maruti Suzuki sets target to ship 3 lakh units in FY25, 8 lakh by 2030

Hindustan Times  

On the back of record exports last fiscal, Maruti Suzuki India is confident of its overseas shipments crossing 3 lakh units in FY25 as part of gradual scaling up to meet the target of up to 8 lakh units by 2030, according to a senior company official. Both as a national vision and as a business ambition, we decided to …

Maruti Suzuki shares fall 1% from record high after senior management rejig
8 months, 3 weeks ago

Maruti Suzuki shares fall 1% from record high after senior management rejig

Hindustan Times  

Maruti Suzuki share price: Shares of Maruti Suzuki fell a percent lower to ₹12,401 today after the company's board of directors approved the shuffling of senior management roles. Maruti Suzuki senior management reshuffle: What you need to know As per the changes, Shashank Srivastava, who currently heads the marketing and sales division in the company, will be a member of …

Maruti Suzuki m-cap crosses ₹4 lakh crore-mark as stock hits 3% upper circuit
8 months, 3 weeks ago

Maruti Suzuki m-cap crosses ₹4 lakh crore-mark as stock hits 3% upper circuit

Live Mint  

Maruti Suzuki India Share Price Today: Shares of India's largest car manufacturer were locked at over three per cent upper circuit to hit a 52-week high mark of ₹12,724.95 apiece on the BSE earlier today as the firm's market capitalisation breached ₹4 lakh crore-mark in intra day trade. On Wednesday, March 27, shares of Maruti Suzuki opened at ₹12,265.05 and …

Maruti Suzuki is 19th listed Indian firm to cross ₹4 lakh crore market cap: Which other companies are on the list
8 months, 3 weeks ago

Maruti Suzuki is 19th listed Indian firm to cross ₹4 lakh crore market cap: Which other companies are on the list

Hindustan Times  

Maruti Suzuki India Ltd is now India's 19th listed company to cross ₹4 lakh crore market capitalisation as the company's shares surged over 23 per cent so far in 2024. As Japanese Yen hit a 34-year low despite country's exit from negative interest rates, Maruti's EBITDA could benefit by cutting costs for imported goods and services. Maruti Suzuki exceeded expectations …

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 …

JM Financial raises target on Maruti Suzuki as trend seems shifting to hybrids
9 months, 3 weeks ago

JM Financial raises target on Maruti Suzuki as trend seems shifting to hybrids

Live Mint  

Maruti Suzuki India, the largest passenger car manufacturer in India, is likely to be a key beneficiary as the customer preference seems to be slowly shifting towards hybrid vehicles from electric vehicles, analysts said. Meanwhile, Maruti Suzuki India is working on multiple technologies, such as Hybrids, EVs, Flex-fuel and Biogas in addition to ICE and CNG as the company believes …

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 Q3 results preview: Net profit likely to rise 20%, say analysts
10 months, 3 weeks ago

Maruti Suzuki Q3 results preview: Net profit likely to rise 20%, say analysts

Live Mint  

India's largest carmaker Maruti Suzuki is all set to announce its financial results for the third quarter ended December 31, 2023, on January 31. Analysts from various brokerages anticipate that the company is likely to experience a decline in margins on a sequential basis due to an unfavourable product mix and increased discounts offered during the December quarter. “We expect …

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 …

Suzuki to invest Rs 38,200 crore in Gujarat car plant
11 months, 1 week ago

Suzuki to invest Rs 38,200 crore in Gujarat car plant

Deccan Chronicle  

Pune: Japanese automaker Suzuki Motor Corporation’s president Toshihiro Suzuki announced on Wednesday that the company will invest Rs 35,000 crore to build a second car plant in Gujarat and will add a new production line at an existing plant. The maker of the popular car models Grand Vitara and Swift has said it wants to double its annual production capacity …

November auto sales see spurt in sales
1 year ago

November auto sales see spurt in sales

Deccan Chronicle  

Pune: Sales of passenger vehicles continued on an impressive run in November with major automakers posting a rise in sales except Tata Motors, which clocked a marginal drop in sales. Sales of passenger vehicles at Maruti Suzuki, India’s biggest carmaker grew 1.33 per cent at 1,34,158 units last month compared to 1,32,395 units in November 2022. “Seven out of top …

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

Top 10 cars sold in September 2023: Maruti Suzuki Baleno, Tata Nexon, more
1 year, 2 months ago

Top 10 cars sold in September 2023: Maruti Suzuki Baleno, Tata Nexon, more

Live Mint  

In September, the Indian auto industry achieved its highest-ever monthly sales, right before the festive season, which is the prime time for car manufacturers, reported HT Auto. Reportedly, Maruti Suzuki maintains its position as the top carmaker in India, with six of its models among the top 10 cars sold last month. In September, Maruti Suzuki recorded sales of 16,250 …

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 3.0 plans to add 28 new models, including six EVs, by FY31: Report
1 year, 4 months ago

Maruti 3.0 plans to add 28 new models, including six EVs, by FY31: Report

Hindustan Times  

Maruti Suzuki India is kicking off 'Maruti 3.0' targeting to add another 20 lakh units-production capacity in nine years with about 28 different models in the market by FY31, according to the company's chairman R C Bhargava. As SUV sales continue to gain momentum in India with no prospects of demand for the smaller entry-level car market recovering to the …

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 drives in Invicto MPV, its most expensive model at ₹25 lakh
1 year, 5 months ago

Maruti Suzuki drives in Invicto MPV, its most expensive model at ₹25 lakh

The Hindu  

Maruti Suzuki India on July 5 launched premium MPV Invicto at a starting price of ₹24.8 lakh, making it the costliest car in its current portfolio. Elaborating further, MSI Senior Executive Officer Shashank Srivastava said the company attained leadership in the ₹10-15 lakh vehicle segment last fiscal. Mr. Takeuchi said, looking at the immense potential of the Indian automobile market, …

Maruti Suzuki India to double turnover to around ₹1.68 lakh crore by 2030-31
1 year, 5 months ago

Maruti Suzuki India to double turnover to around ₹1.68 lakh crore by 2030-31

Live Mint  

The country largest car manufacturing firm Maruti Suzuki is aiming to double its turnover to around ₹1.68 lakh crore by 2030-31 from FY22 level, said the firm's company Managing Director and CEO Hisashi Takeuchi said on 5 July. The firm is expecting India to 'play a very big role' in Suzuki Motor Corporation's goal to achieve a global turnover of …

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 …

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