Maruti, Mahindra lead Indian carmakers’ December sales to dealers
1 week 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 & Mahindra clocked a 16% jump, the two companies reported on Wednesday. The top three spots for Maruti have been taken by hatchbacks in December, which has done better numbers, Partho Banerjee, head of marketing and sales at Maruti said in a monthly sales call. However, Hyundai Motor India continued to face heat from competition, with domestic sales dropping 1.3% in December, its second straight monthly drop.

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History of this topic

At Maruti Suzuki, small cars are back in the driver’s seat
6 days, 23 hours 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 …

Automakers see strong December sales growth, led by rural demand
1 week ago

Automakers see strong December sales growth, led by rural demand

Deccan Chronicle  

Passenger vehicle sales of top automakers such as Maruti Suzuki, Mahindra, and Toyota Kirloskar Motor registered strong double-digit growth last month, despite customers typically shying away from purchases as they wait for the new year. Maruti Suzuki saw a 24.18 percent year-on-year increase in sales, reaching 1.30 lakh units, as dispatches of hatchbacks and mini cars to dealers bounced back …

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

Maruti Suzuki share price jumps 5% after 30% rise in December 2024 sales. Do you own?
1 week ago

Maruti Suzuki share price jumps 5% after 30% rise in December 2024 sales. Do you own?

Live Mint  

Maruti Suzuki share price jumped nearly 5% on Thursday after the company reported a significant rise in its auto sales for the month of December 2024. Overall domestic sales, including that of light commercial vehicles and supplies to Toyota Kirloskar Motor, increased 27.25% to 140,829 units last month against 110,667 units in December 2023, Maruti Suzuki India said in a …

Strong show by Maruti in 2024, wholesales grow 3% as WagonR, Ertiga, Brezza, Swift shine
1 week 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 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 Suzuki share price jumps over 4%. What's behind today's gain?
Trending News
1 week ago

Maruti Suzuki share price jumps over 4%. What's behind today's gain?

India Today  

Shares of Maruti Suzuki India Ltd surged over 4% in Thursday’s trading session, hitting an intraday high of Rs 11,675 on the Bombay Stock Exchange. December 2024 proved to be a strong month for Maruti Suzuki, as total sales rose 29.5% year-on-year to 1,78,248 units compared to 1,37,551 units in December 2023. Sales in the mini-segment, including models like Alto …

Automakers drive India’s blue-chips higher in first session of 2025
1 week, 1 day ago

Automakers drive India’s blue-chips higher in first session of 2025

Live Mint  

By Bharath Rajeswaran Jan 1 - India's benchmark indexes rose on the first day of 2025, led by auto stocks that were boosted by a rise in monthly sales for top carmaker Maruti Suzuki and peer Mahindra & Mahindra. India's blue-chip indexes rose to record highs early in 2024 but slowing corporate earnings and an exodus of foreign funds curtailed …

Mahindra & Mahindra records 16% increase in December sales; PV sales up 22% and SUV up 18%
1 week, 1 day ago

Mahindra & Mahindra records 16% increase in December sales; PV sales up 22% and SUV up 18%

Live Mint  

Mumbai, January 1 : Automotive company Mahindra & Mahindra witnessed a 16 per cent increase in overall automotive sales, with 69,768 units in December, the company stated on Wednesday in its exchange filing. In the utility vehicle segment, the company sold 41,424 vehicles in the domestic market, a growth of 18 per cent and overall, 42,958 vehicles, including exports. Mahindra's …

Sensex jumps over 600 points: 2 reasons why stock market is rising today
1 week, 1 day ago

Sensex jumps over 600 points: 2 reasons why stock market is rising today

India Today  

Benchmark stock market indices erased the losses made in early trade and witnessed a rally in the afternoon session on the first trading day of 2025 as Sensex gained over 600 poinst whereas Nifty managed to jum over 200 points. The stock market rally was fuelled by a rise in auto, banking, media and FMCG sector stocks which helped both …

Buying a car? Still time to avail huge discounts on Maruti, Hyundai, Mahindra models
1 week, 3 days ago

Buying a car? Still time to avail huge discounts on Maruti, Hyundai, Mahindra models

India Today  

The Indian car industry has witnessed some turbulent times this year, with subdued demand hampering sales and resulting in an inventory pile-up at dealerships. Industry body Federation of Automobile Dealers Associations continued to urge OEMs to further rationalise inventory so that the industry could enter the new year on a healthier footing, reducing the need for additional discounts. In such …

Mahindra closes in on Tata Motors as EV sales falter
3 weeks, 3 days ago

Mahindra closes in on Tata Motors as EV sales falter

Live Mint  

Mahindra & Mahindra has surpassed Tata Motors as India’s third-largest carmaker thrice in the second half of 2024 on new launches at a time cooling electric vehicle sales and an ageing line-up have hurt the fortunes of the Tata Group company. Tata Motors’ market share, driven by the Nexon EV, peaked at just over 14% in March but its performance …

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 …

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

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 …

Mahindra bets on premium electric SUVs to boost market share
1 month, 1 week ago

Mahindra bets on premium electric SUVs to boost market share

Deccan Chronicle  

With its smaller SUV, Mahindra will enter India's fast-growing compact SUV market, which grew nearly 20% in the first six months of the current fiscal year and is dominated by Hyundai's Creta SUV and Toyota's Urban Cruiser Hyryder SUV. Mumbai-based Mahindra, second largest SUV maker in volumes, introduced the smaller sporty BE 6e and luxurious XEV 9e electric SUVs priced …

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 …

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 …

Mahindra's SUV Domination: The Roxx Propels Sales to New Heights
2 months, 1 week ago

Mahindra's SUV Domination: The Roxx Propels Sales to New Heights

ABP News  

Indian car buyers are showing a strong preference for SUVs, with Mahindra recording its highest ever sales thanks to the booming SUV segment. The 10-25 lakh segment has seen a significant surge in sales, with the Roxx SUV being a major driver of this growth. The brand has also launched the Thar Roxx, which has a waiting period that stretches …

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

Car Sales Up 3.6 Per Cent Led by SUVs in June
6 months, 1 week ago

Car Sales Up 3.6 Per Cent Led by SUVs in June

Deccan Chronicle  

Pune: Passenger vehicle wholesales, the barometer of the economy, grew 3.6 per cent to 3.40 lakh units in June, primarily driven by new launches and robust demand for SUVs amidst heatwave across the country last month. The new Hyundai Creta has been a key driver for domestic H1 sales with 91,348 units sold, a growth of 11 per cent over …

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 …

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

Maruti Suzuki hikes prices of Swift and selected variants of Grand Vitara. Check latest rates here
8 months, 4 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 …

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 …

Maruti Suzuki shares fall 1% from record high after senior management rejig
9 months, 1 week 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 stock jumps 3.7% to record high, crosses ₹12,000 mark for first time
9 months, 2 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 …

JM Financial raises target on Maruti Suzuki as trend seems shifting to hybrids
10 months, 1 week 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 …

Mahindra Q3 profit after tax up 34%
10 months, 3 weeks ago

Mahindra Q3 profit after tax up 34%

New Indian Express  

MUMBAI: Mahindra & Mahindra on Wednesday reported a 34 per cent increase in its consolidated profit after tax at Rs 2,658 crore for the third quarter ended December 31, 2023, driven by robust sales across verticals. The auto major had reported a profit after tax of Rs 1,984 crore for the October-December quarter of the last financial year. Revenue increased …

Mahindra & Mahindra Q3 net profit surges 60 per cent YoY to Rs 2,454 crore, revenue rises 16 per cent
10 months, 3 weeks ago

Mahindra & Mahindra Q3 net profit surges 60 per cent YoY to Rs 2,454 crore, revenue rises 16 per cent

India TV News  

Mahindra & Mahindra, the manufacturer of the 'Scorpio' SUV, reported a smaller-than-expected increase in third-quarter profit on Wednesday. The standalone profit after tax for Mahindra & Mahindra rose by 60.6 per cent to Rs 2,454 crore in the three months ending December 31. Farm has gained market share despite tough market conditions," M&M Managing Director & CEO Anish Shah said. …

Entry-level cars below ₹5 lakh witness a sharp decline in demand
10 months, 3 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 …

Maruti Suzuki Q3 results preview: Net profit likely to rise 20%, say analysts
11 months, 1 week 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, 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 …

From Maruti Suzuki To Tata Motors, Carmakers Announce Price Hikes For 2024
1 year, 1 month ago

From Maruti Suzuki To Tata Motors, Carmakers Announce Price Hikes For 2024

News 18  

As the year comes to a close, several prominent automakers, including Maruti Suzuki, Tata Motors, Mahindra, and Audi, have declared price hikes set to take effect from January 1, 2024. Tata Motors plans to implement price hikes for its passenger vehicles, including its electric vehicle range, with specific details yet to be disclosed. Industry experts speculate that the upcoming price …

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 …

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 vs Mahindra SUV sales: Scorpio-maker races ahead of Brezza-maker in September
1 year, 3 months ago

Maruti vs Mahindra SUV sales: Scorpio-maker races ahead of Brezza-maker in September

India Today  

The SUV battle is getting interesting in India every month. In July, the SUV volumes of Maruti came in at 42,620 units against 36,205 units of Mahindra. In August, Maruti sold 41,658 units in comparison to 37,270 units by Mahindra. Mahindra, with 41,267 units, beat Maruti, which clocked 40,843 units, in September. Maruti vs Mahindra: SUV sales OEM September August …

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 …

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. …

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