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

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

India Today  

Maruti Suzuki India reported four-year high domestic passenger vehicle volumes at 1,576,025 units in 2022 owing to strong demand for its products and a relatively better semiconductor supply leading to more production. 2018 - 1,731,440 units 2019 - 1,485,939 units 2020 - 1,213,660 units 2021 - 1,364,792 units 2022 - 1,576,025 units For the PV segment, the industry-wide domestic volumes came in at all-time record high of 3,793,000 units in 2022 with Maruti having a market share of 41.55%. During the year, Hyundai Motor India sold 552,511 units with a market share of 14.57%, Tata Motors despatched 526,798 units and had a market share of 13.89%, Mahindra & Mahindra sold 335,088 units at a market share of 8.83% and Kia India witnessed sales of 254,556 units and enjoyed a market share of 6.71%. Maruti - 1,576,025 units - Market share of 41.55% Hyundai - 552,511 units - Market share of 14.57% Tata - 526,798 units - Market share of 13.89% Mahindra - 335,088 units - Market share of 8.83% Kia - 254,556 units - Market share of 6.71% Offering only two SUVs, Brezza and Grand Vitara, at present, Maruti is aiming to add more such models to its portfolio in 2023.

Market Share Units 2022 Maruti Domestic Pv  marutis  share  india  retails  units  high  market  maruti  volumes  domestic  pv  4year  2022

History of this topic

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

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 …

Punch, Nexon, Curvv, Safari, Tiago, Altroz, others: Tata's domestic car sales rise 2% in November
3 weeks, 1 day ago

Punch, Nexon, Curvv, Safari, Tiago, Altroz, others: Tata's domestic car sales rise 2% in November

India Today  

Homegrown auto major Tata Motors has reported a growth of 2% year-on-year in domestic passenger vehicle sales at 47,063 units in November 2024. The company's overall PV volume rose 2% y-o-y to 47,117 units in November 2024 from 46,143 units in November 2023. On the commercial vehicle front, there was a decline of 1% y-o-y in the domestic market at …

PV industry sees tepid growth in November; SUVs, rural demand push sales
3 weeks, 1 day ago

PV industry sees tepid growth in November; SUVs, rural demand push sales

Live Mint  

After a heady October, car makers had to contend with a headache in November as growth in car dispatches to dealerships petered to low single-digits for most manufacturers, with Hyundai’s figures even declining year-on-year. Overall industry sees slow growth Industry sales for November are estimated to be around 350,000 vehicles, a 3.8-4% y-o-y growth, Banerjee said. Tata Motors grows, Hyundai …

Maruti Dzire receives 1,000 bookings per day, 50% customers opt for top 2 variants
3 weeks, 2 days ago

Maruti Dzire receives 1,000 bookings per day, 50% customers opt for top 2 variants

India Today  

The country's largest carmaker, Maruti Suzuki India, today announced that the recently-launched 4th-generation Maruti Suzuki Dzire is garnering 1,000 bookings per day with half of the customers opting for the top two variants. LXi MT - Rs 6.79 lakh VXi MT - Rs 7.79 lakh VXi AMT - Rs 8.24 lakh VXi MT CNG - Rs 8.74 lakh ZXi MT …

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

Tata Motors expects PV retail sales to sustain momentum in Q3

Live Mint  

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

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 Ertiga: The MPV That Reigns Supreme in the Indian Car Market
1 month, 2 weeks ago

Maruti Suzuki Ertiga: The MPV That Reigns Supreme in the Indian Car Market

India Today  

Maruti Suzuki Ertiga remains a top-selling MPV in India, with sales consistently exceeding 18,000 units in the past year. The MPV boasts a range of features, including a powerful engine, impressive mileage, and a stylish design. It competes with other popular MPVs such as the Hyundai Creta, Tata Nexon, and Mahindra Scorpio.

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 …

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

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

Hindustan Times  

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

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

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

Hindustan Times  

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

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

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

New Indian Express  

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

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

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

Deccan Chronicle  

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

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

Is there more steam left in the passenger vehicle segment?
8 months, 2 weeks ago

Is there more steam left in the passenger vehicle segment?

Live Mint  

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

Maruti Suzuki 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 …

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

February PV sales jump 11% to 3.73 lakh units

New Indian Express  

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

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

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

Live Mint  

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

PV industry growth likely to moderate to less than 5 precent in FY25: Tata Motors
9 months, 4 weeks ago

PV industry growth likely to moderate to less than 5 precent in FY25: Tata Motors

India TV News  

Tata Motors Passenger Vehicles Managing Director Shailesh Chandra has predicted the growth of the domestic passenger vehicle industry to be less than 5 percent in the next fiscal. Therefore, we are seeing with this high base effect, and FY25 will be slightly challenging with less than 5 percent growth rate," Chandra said in an analyst call. Chandra noted that in …

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

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

Hindustan Times  

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

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

Maruti Suzuki hikes prices across models by 0.45% effective today

Live Mint  

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

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 …

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 vs Mahindra SUV sales: Scorpio-maker races ahead of Brezza-maker in September
1 year, 2 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 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 …

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

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

The Hindu  

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

Indian auto industry grows to ₹8.7 lakh crore in FY23: Report
1 year, 5 months ago

Indian auto industry grows to ₹8.7 lakh crore in FY23: Report

The Hindu  

The Indian automobile sector has grown into a ₹8.7 lakh-crore industry by producing 2.7 crore vehicles in FY23, management consulting firm Primus Partners said in a report. Primus Partners said the PV segment grew to ₹5 lakh crore in FY23 and half of the revenue came from mid and full size SUVs. “As per our study, the Indian market is …

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

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

Live Mint  

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

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

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

Live Mint  

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

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

Maruti's domestic PV wholesales rise 15% in May

India Today  

Maruti Suzuki India today announced that its domestic passenger vehicle wholesales increased 15.45% at 143,708 units in May 2023 from 124,474 units in the same month last year. Even the sales to other original equipment manufacturer declined 19.48% at 5,010 units in May 2023 from 6,222 units in May 2022. The total exports of Maruti slipped 2.63% at 26,477 units …

Maruti Suzuki WagonR sale exceeds 30 lakh milestone, has highest percentage of repeat buyers
1 year, 7 months ago

Maruti Suzuki WagonR sale exceeds 30 lakh milestone, has highest percentage of repeat buyers

Live Mint  

Maruti Suzuki has announced that it has sold over 30 lakh units of WagonR. At present, the company sells the third-generation of Maruti Suzuki WagonR which is equipped with features like dual VVT with Idle Start Stop button, a 1.0-litre petrol/a 1.2-litre petrol engine along with a CNG mode having a fuel efficiency of 34.05km/kg. Shashank Srivastava, Senior Executive Officer, …

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

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

Deccan Chronicle  

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

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

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

India Today  

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

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

Maruti eyes 25% of India SUV market

Live Mint  

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

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

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

India TV News  

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

Stocks to Watch: Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and Others
1 year, 8 months ago

Stocks to Watch: Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and Others

News 18  

The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. Eicher Motors Ltd The auto company reported a 6.73 percent rise in the sales of its motorcycle, Royal Enfield at 72,235 motorcycles in March 2023 as against 67,677 motorcycles sold during the same period last year. For the financial year ended March 2023, Royal …

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

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

Live Mint  

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

Maruti Suzuki targets sales via Nexa outlets to overtake Hyundai, Tata Motors
1 year, 8 months ago

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

Live Mint  

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

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

Maruti Suzuki expects chip shortage to continue for few more quarters

The Hindu  

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

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