India's largest carmaker cuts production for 8th straight month
5 years, 2 months ago

India's largest carmaker cuts production for 8th straight month

India TV News  

Lack of demand for passenger vehicles in the country has forced India's largest manufacturer, Maruti Suzuki to cut its production for the 8th consecutive month. The company's total vehicle production last month stood at 1,19,337 units against 1,50,497 in October last year. The production of passenger vehicles was down 117,383 units from 148,318 in October last year, while Van produced slipped nearly by half from 13,817 in October 2018 to 7,661 last month. In the compact segment, which consists of models like New WagonR, Celerio, Ignis, Swift, Baleno, OEM Model, Dzire, the number of units produced last month was 64,079 from 74,167 in the corresponding month last year. Maruti sold a total of 1,44,277 units during October 2019 in the domestic market recording a 4.5 per cent growth over the same month a year ago.

India Month Maruti Passenger Vehicles  cuts  month  units  growth  carmaker  production  8th  maruti  wagonr  passenger  segment  largest  sales  vehicles  indias  straight

History of this topic

At Maruti Suzuki, small cars are back in the driver’s seat
1 week, 1 day ago

At Maruti Suzuki, small cars are back in the driver’s seat

Live Mint  

Maruti Suzuki India Ltd’s sales volume update for December sprung a positive surprise on small, entry-level cars, which saw 29% year-on-year growth to 62,324 vehicles. It’s important to note, however, that December was the first month in FY25 in which small cars posted year-on-year sales growth. Maruti’s management also alluded to the higher sales in rural areas during the festival …

Auto stocks surge up to 7% on robust December sales; Eicher Motors leads the rally
Trending News
1 week, 1 day ago

Auto stocks surge up to 7% on robust December sales; Eicher Motors leads the rally

Live Mint  

Stock market today: Indian auto stocks experienced strong demand in today's trading session, as investors responded positively to the December sales data, particularly strong numbers from the PV segment, prompting brokerages to maintain a positive outlook on the sector. In terms of PV sales, Maruti Suzuki led in 2024 as the country's leading car manufacturer sold 178,248 car units in …

Strong show by Maruti in 2024, wholesales grow 3% as WagonR, Ertiga, Brezza, Swift shine
1 week, 1 day ago

Strong show by Maruti in 2024, wholesales grow 3% as WagonR, Ertiga, Brezza, Swift shine

India Today  

The country's largest carmaker, Maruti Suzuki India, recorded its highest-ever calendar year wholesales in the domestic market at 17,90,877 units in 2024, driven by a robust show from models like the WagonR, Ertiga, Brezza, Swift, Baleno, Dzire and Fronx. Top-selling Maruti cars in 2024 Maruti Suzuki WagonR - 1.98 lakh units Maruti Suzuki Ertiga - 1.90 lakh units Maruti Suzuki …

Ever heard of a car selling 30,000 units in one month? This Maruti did it
Trending News
1 week, 1 day ago

Ever heard of a car selling 30,000 units in one month? This Maruti did it

India Today  

Whenever we talk about record sales, one carmaker that comes to mind is Maruti Suzuki India. Last month, the Maruti Suzuki Swift was the largest retailed car in India at 29,765 units. The fourth-generation Maruti Suzuki Swift was launched in India in May 2024. The Maruti Suzuki Swift mileage is claimed to be 24.8kmpl for the petrol MT, 25.75kmpl for …

Maruti, Mahindra lead Indian carmakers’ December sales to dealers
1 week, 2 days ago

Maruti, Mahindra lead Indian carmakers’ December sales to dealers

Live Mint  

By Meenakshi Maidas and Nandan Mandayam -Indian carmakers Mahindra & Mahindra and Tata Motors reported a rise in sales to domestic dealers in December on steady sport utility vehicle demand, while year-end discounts helped Maruti Suzuki record its first small-car sales growth in 20 months, company data showed. Market leader Maruti Suzuki's domestic sales rose 24% in December and Mahindra …

Maruti Dzire Surpasses 3 Million Production Milestone
1 week, 2 days ago

Maruti Dzire Surpasses 3 Million Production Milestone

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker, has achieved a new milestone with the production of its popular Dzire sedan, surpassing the 3-million-unit mark. It took Maruti Suzuki 16 years and 11 months to build 3 million units of the Dzire. “We are deeply grateful to our customers for their continued trust, which has been a key to achieving the …

Meet first sedan to cross 30 lakh production mark. Not Honda City, Hyundai Verna
1 week, 4 days ago

Meet first sedan to cross 30 lakh production mark. Not Honda City, Hyundai Verna

India Today  

The sedan segment in India has some big names like the Honda Amaze, Honda City, Hyundai Aura, Hyundai Verna, Volkswagen Virtus and Skoda Slavia. However, the most popular and largest-selling sedan in the country is the Maruti Suzuki Dzire, which has now crossed the production milestone of 30 lakh units. The production milestone of 30 lakh units has been surpassed …

Toyota global production down for 10th month despite rising sales
2 weeks, 2 days ago

Toyota global production down for 10th month despite rising sales

Live Mint  

TOKYO, Dec 25 - Toyota Motor's global production decreased for a 10th straight month in November, the Japanese carmaker said on Wednesday, although its worldwide sales grew for the second consecutive month on solid demand in the United States and China. China production dropped 1.6%, which was however better than a 9% decline in the previous month, as Toyota saw …

Maruti Suzuki hits 20 lakh vehicles produced in 2024, led by Baleno, Fronx, and Ertiga
3 weeks, 3 days 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 achieves this historic production milestone. Not done by Hyundai, Tata, Mahindra
3 weeks, 3 days 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
1 month 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 …

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

Hyundai Motor India to raise car prices by up to ₹25,000 across models from January 2025 due to rising costs
1 month ago

Hyundai Motor India to raise car prices by up to ₹25,000 across models from January 2025 due to rising costs

Live Mint  

Hyundai Motor India on December 5 said that it will hike prices of all its cars by up to ₹25,000 from January 2025, due to rising costs impacting profitability, according to a Reuters report. “At Hyundai Motor India, our endeavor is always to absorb rising costs to the extent possible, ensuring minimal impact on our customers. About Hyundai Motor India …

Maruti Suzuki, Tata Motors, and M&M post PV sales growth YoY in Nov; Hyundai records decline
1 month, 1 week 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
1 month, 2 weeks 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 …

Passenger vehicle, two-wheeler sales hit new high in October: Siam
1 month, 3 weeks ago

Passenger vehicle, two-wheeler sales hit new high in October: Siam

Deccan Chronicle  

Pune: Both passenger vehicles and two-wheelers wholesales hit a new high in October, driven by strong festive season demand, the Society of Indian Automobile Manufacturers SIAM data on Wednesday revealed. While passenger vehicle sales stood at 3,93,238 units, up 0.9 per cent from 3,89,714 units, the best ever in the month, SIAM said. Passenger Vehicles posted its highest ever sales …

Wholesale passenger vehicle sales grow marginally in October despite festival demand
1 month, 4 weeks ago

Wholesale passenger vehicle sales grow marginally in October despite festival demand

Live Mint  

Mumbai: India’s wholesale passenger vehicle sales grew marginally year-on-year to 3.93 lakh units in October despite two major festivals celebrated during the month. According to data released by the Society of Indian Automobile Manufacturers on Wednesday passenger vehicle sales grew 0.9% in October 2024, compared to the same period last year. Passenger vehicle sales grew 10% sequentially from the 3.57 …

Maruti Suzuki Records Highest Monthly Sales of 2.06 Lakh Units in October
2 months, 1 week 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
3 months, 1 week 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
3 months, 1 week 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 …

Kia India Reports Impressive Sales Figures, Retails 22,520 Plus Units in August 2024
4 months, 1 week ago

Kia India Reports Impressive Sales Figures, Retails 22,520 Plus Units in August 2024

News 18  

The top car maker Kia has been receiving an overwhelming response from Indian customers, all thanks to tech-loading models. Recently, the company has recorded impressive sales figures, where it has managed to record On-Year growth of 17.19 percent. It has contributed massively to the overall sales, retailing over 10,073 units, followed by the updated Seltos with 6,536 units, while MPV …

Automobile exports from India rise 15.5 per cent in Q1
5 months, 3 weeks ago

Automobile exports from India rise 15.5 per cent in Q1

India TV News  

Automobile exports from India increased 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according to the latest SIAM data. Passenger vehicle exports stood at 1,80,483 units in the first quarter, registering a jump of 19 per cent over 1,52,156 units in the same period last year. Two-wheeler exports stood at 9,23,148 …

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher
6 months, 1 week 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
6 months, 1 week 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
7 months 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
7 months, 1 week 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 …

India’s Auto Retail Clocks Robust 27% Growth in April
8 months ago

India’s Auto Retail Clocks Robust 27% Growth in April

Deccan Chronicle  

Pune: The automobile retail sales surged 27 per cent in April, the first month of this fiscal, to 2.2 million units compared to the year before, the Federation of Automobile Dealers Associations or FADA said on Wednesday. “The passenger vehicle category experienced double-digit year-on-year growth, supported by enhanced model availability and favourable market sentiments, particularly around festive events like Navratri …

Car Sales In April Rise Marginally To 3.38 Lakh Units
8 months, 1 week 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 …

Maruti Suzuki Q4 net profit up 48% at Rs 3,878 cr, revenue up 19%
8 months, 2 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, …

Two-wheeler sales yet to reach pre-Covid 19 levels, says auto industry body
8 months, 4 weeks ago

Two-wheeler sales yet to reach pre-Covid 19 levels, says auto industry body

Hindustan Times  

Passenger vehicles wholesales in India have touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent, industry body Society of Indian Automobile Manufacturers said. The vehicle sales across the categories surged by 12.5 per cent to 2,38,53,463 units in the period under review On the other hand, the overall passenger …

Carmakers post higher March sales, end fiscal 2024 at record levels
9 months, 1 week ago

Carmakers post higher March sales, end fiscal 2024 at record levels

Deccan Chronicle  

Top car makers in India such as Maruti Suzuki, Hyundai Motor, Tata Motors, Mahindra & Mahindra and Toyota Kirloskar Motor reported higher car sales in March and the automakers ended fiscal 2024 with record sales figures, monthly data from the companies showed on Monday.Every month, automobile makers release wholesale from their factory gates to dealers.The auto sector carries more than …

Luxury car sales could breach 50,000 units mark for first time ever in 2024: Audi India head
9 months, 1 week ago

Luxury car sales could breach 50,000 units mark for first time ever in 2024: Audi India head

Hindustan Times  

New Delhi, Luxury car sales in India could cross the milestone of 50,000 units for the first time in a year in 2024 amid growing demand for such models, according to Audi India head Balbir Singh Dhillon. HT Image The overall domestic luxury car segment grew by 28 per cent annually last year to record sales volume of around 48,500 …

Maruti Suzuki stock jumps 3.7% to record high, crosses ₹12,000 mark for first time
9 months, 3 weeks 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
10 months, 1 week 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 …

Entry-level cars below ₹5 lakh witness a sharp decline in demand
10 months, 4 weeks 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
11 months, 1 week 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 …

Indian Automotive Component Industry Set to Reach $14 Billion by 2028
11 months, 1 week ago

Indian Automotive Component Industry Set to Reach $14 Billion by 2028

Deccan Chronicle  

Pune: The Indian automotive component industry is expected to touch $14 billion or Rs 116,634 crore by 2028, and the aftermarket segment has a $35 billion or Rs 291,585 crore opportunity, the Automotive Component Manufacturers Association of India or ACMA said on Monday. "The Indian domestic aftermarket, valued at USD 10 billion in 2023, is poised to surge almost 1.4 …

India will become auto technology provider to the developing world: Bhargava
11 months, 1 week ago

India will become auto technology provider to the developing world: Bhargava

Live Mint  

New Delhi: India’s car industry will drive its manufacturing growth and play a big role in attracting investments and prosperity, Maruti Suzuki chairman R.C. These are themes he addresses in his latest book, Impossible to Possible, in which he describes what made Maruti Suzuki, the first and only instance of the government-run public sector undertaking forming a joint venture with …

Maruti Suzuki hikes prices across models by 0.45% effective today
11 months, 3 weeks 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 …

November auto sales see spurt in sales
1 year, 1 month 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 …

Pakistan logs only 6,200 car sales in Sept, even less than 2% of India’s tally
1 year, 1 month ago

Pakistan logs only 6,200 car sales in Sept, even less than 2% of India’s tally

Hindustan Times  

Car sales in neighbouring Pakistan continue to decline as only around 6,000 cars were sold in September. Representative Image According to Pakistan Automotive Manufacturers Association car sales data for October, only 6200 units were sold in Pakistan, down from September's 8400 units, HT Auto reported. PAMA records indicate a significant 44 per cent decline in sales for the first four …

Festive demand drives SUV sales to record high in October
1 year, 2 months ago

Festive demand drives SUV sales to record high in October

Deccan Chronicle  

Pune: Sales of passenger vehicles in India rose in double-digits to record levels last month with car makers ramping up dispatches from factory gates to dealerships to meet robust demand during this festive season. Similarly, Hyundai Motor, India’s second largest car maker, saw its sales growing by 14.84 per cent year-on-year at 55,128 units last month. Domestic sales at Tata …

Maruti Suzuki posts highest ever net profit at Rs 3,716 crore in Q2
1 year, 2 months 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, 3 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 …

Honda Cars India reports 28% decline in July wholesales
1 year, 5 months ago

Honda Cars India reports 28% decline in July wholesales

Hindustan Times  

Honda Cars India on Tuesday reported a 28 per cent decline in wholesales in the domestic market at 4,864 units in July. Honda Cars India currently offers models like City, Amaze, WR-V and Jazz for customers in India. The company had dispatched 6,784 units in the domestic market in July 2022, Honda Cars India Ltd said in a statement. "We …

Maruti Suzuki India to double turnover to around ₹1.68 lakh crore by 2030-31
1 year, 6 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’s sales increased by 2% in June, reaching 159,418 units
1 year, 6 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 …

Renault India likely to launch 3 new models including an EV
1 year, 6 months ago

Renault India likely to launch 3 new models including an EV

India TV News  

Renault, the french car maker, is working on launching three new models in the Indian market including an electric vehicle in a couple of years time, said a top company official. The first of the new models will come out in 2025," Venkatram Mamillapalle, Country CEO & Managing Director, Renault India Operations, told reporters here on Wednesday. According to Mamillapalle, …

Maruti Suzuki expects June sales to be impacted by chip shortage: Report
1 year, 7 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. …

Auto sales on growth track riding on demand for SUVs
1 year, 7 months ago

Auto sales on growth track riding on demand for SUVs

The Hindu  

Automakers led by Maruti Suzuki India, Hyundai, Mahindra & Mahindra, and Toyota Kirloskar Motor on Thursday reported robust wholesales of passenger vehicles in the domestic market in May riding on strong demand for SUVs. Market leader Maruti Suzuki India reported a 15% rise in total domestic passenger vehicle sales at 1,43,708 units as compared with 1,24,474 units in the same …

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