Maruti Suzuki Alto, Swift, Baleno, Dzire, others: Automaker's domestic sales rise 33 per cent in Sept 2020
4 years, 2 months ago

Maruti Suzuki Alto, Swift, Baleno, Dzire, others: Automaker's domestic sales rise 33 per cent in Sept 2020

India Today  

Maruti Suzuki India today reported a 33.4 per cent growth in domestic sales to 1,50,040 units in September 2020. The mini sub-segment saw the sales rising 35.7 per cent to 27,246 units in September 2020 from 20,085 units in September 2019. The vans sub-segment saw the sales rising 12.8 per cent to 11,220 units in September 2020 from 9,949 units in September 2019. Maruti Suzuki India's overall wholesale numbers grew an impressive 30.8 per cent to 1,60,442 units in September 2020 from 1,22,640 units in September 2019.

Sales Units Sept Cent 2019 2020 Maruti  rise  units  sales  maruti  rising  cent  dzire  2019  baleno  suzuki  subsegment  swift  sept  domestic  2020  yearago

History of this topic

Meet a Maruti that came, saw, conquered. Sold 32 lakh units in 25 years. Not Swift or Dzire
6 days, 17 hours 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 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 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 …

Auto Retail Sales Up 11.21 PC in Nov on Robust 2-Wheeler Demand
Trending News
2 weeks, 1 day ago

Auto Retail Sales Up 11.21 PC in Nov on Robust 2-Wheeler Demand

Deccan Chronicle  

Pune: Retail sales of automobiles in India jumped 11.21 per cent on year to 32,08,719 units in November, riding on robust two-wheeler demand, Federation of Automobile Dealers Associations or FADA said on Monday. Sales of two-wheelers soared 15.8 per cent to 26,15,953 units last month, as against 22,58,970 units in November 2023. FADA said the commercial vehicles sales also dropped …

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 to hike prices of cars up to 4% depending on variant from January 2025
2 weeks, 4 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 …

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 …

Maruti, Hyundai, Mahindra, MG, Mercedes-Benz, BMW, others to hike car prices
2 weeks, 4 days ago

Maruti, Hyundai, Mahindra, MG, Mercedes-Benz, BMW, others to hike car prices

India Today  

Cars in India are set to get costlier from January 2025 as original equipment manufacturers across the mass market and luxury segments have announced price hikes. Maruti Suzuki India, Hyundai Motor India, Mahindra & Mahindra, JSW MG Motor India, Mercedes-Benz India and BMW India will increase prices of their cars by up to 4% in January 2025. "In light of …

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, 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 …

Indian shares erase early losses led by Ultratech, Maruti
3 weeks, 1 day ago

Indian shares erase early losses led by Ultratech, Maruti

Live Mint  

By Bharath Rajeswaran -Indian benchmark indexes were muted on Monday, as gains in cement maker Ultratech and carmaker Maruti Suzuki offset broader losses due to concerns over domestic economic growth and its effect on the central bank's monetary policy decision. Data released late Friday showed that India's economic growth decelerated more than anticipated in the third quarter, hindered by slow …

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 vs Hyundai Motor India shares: Which auto stock to buy after Q2FY25 results?
1 month, 1 week ago

Maruti Suzuki vs Hyundai Motor India shares: Which auto stock to buy after Q2FY25 results?

Live Mint  

Indian stock market has been witnessing an intriguing contest between automobile industry stalwart Maruti Suzuki India and the newly-listed Hyundai Motor India. According to him, the choice between these two would ultimately depend on whether investors are interested in Hyundai Motor India’s technological leadership and premium positioning or Maruti Suzuki’s prospects for growth and value-driven approach. Emkay Global has a …

Hyundai Motor India profit drops 16% in Q2 as domestic sales, exports fall
1 month, 1 week ago

Hyundai Motor India profit drops 16% in Q2 as domestic sales, exports fall

Live Mint  

New Delhi: Hyundai Motor India Ltd, the country’s second-largest automaker, posted a 16% decline in its second-quarter net profit following its public listing last month, hurt by weak domestic demand and the Red Sea crisis that subdued exports. Domestic sales In the September quarter, Hyundai Motor India saw domestic sales fall 5.7% to 1.49 lakh units, while exports slid 17% …

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, 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 …

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 …

Kia India Reports Impressive Sales Figures, Retails 22,520 Plus Units in August 2024
3 months, 3 weeks 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 …

Maruti Suzuki commences export of Made in India SUV Fronx to Japan
4 months, 1 week ago

Maruti Suzuki commences export of Made in India SUV Fronx to Japan

Hindustan Times  

Maruti Suzuki India Limited, has officially launched the export of its acclaimed 'Made-in-India' SUV, the Fronx, to Japan. This move marks the debut of Maruti Suzuki's first SUV in the Japanese market, embodying the ethos of the 'Make in India' initiative and celebrating a milestone in India's manufacturing prowess. Hisashi Takeuchi, Managing Director & CEO of Maruti Suzuki India Limited, …

Automobile exports from India rise 15.5 per cent in Q1
5 months, 1 week 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 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 …

Honda overtakes Hero in June two-wheeler sales
5 months, 3 weeks ago

Honda overtakes Hero in June two-wheeler sales

New Indian Express  

Japan’s Honda Motorcycle & Scooter India has overtaken India’s Hero MotoCorp in the two-wheeler market. HMSI’s total 2W sales stood at 5.19 lakh units in June 2024 while Hero’s total sales last month were at 5.03 lakh units, as per monthly sales data published by the two companies. Hero’s domestic sales stood at 491,416 units last month, translating into a …

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 …

Stocks to Watch: APSEZ, Maruti, Hero Moto, Eicher, REC, Puravankara
6 months, 3 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, 4 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, 4 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 …

Two-wheeler sales yet to reach pre-Covid 19 levels, says auto industry body
8 months, 1 week 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 …

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 …

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 …

Carmakers post higher March sales, end fiscal 2024 at record levels
8 months, 3 weeks 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
8 months, 3 weeks 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 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 …

India will become auto technology provider to the developing world: Bhargava
10 months, 3 weeks 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 …

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