Maruti

Maruti to add 500 new service workshops, expanding network across India

Maruti Suzuki India on Wednesday said it plans to add a total of 500 service workshops to its network in the current fiscal. The auto major on Wednesday announced the setting up of its 5,000th Arena Service touchpoint in Coimbatore. The company sells its product range in the country through Arena and Nexa sales networks. "We plan to continuously expand our network in future as well. In FY 2024-25, we opened 460 service touchpoints under ARENA and NEXA channels, and in FY 2025-26, we plan to add a total of 500 service workshops to our network," Maruti Suzuki MD and CEO Hisashi Takeuchi said in a statement. With the addition of new touchpoints, the company's service network now increases to over 5,640 service touchpoints, covering 2,818 cities across India, the automaker said. In FY 2024-25, Maruti Suzuki said it serviced over 27 million vehicles, the highest ever in a single financial year. During April-September 2025, the company, through its network, has already serviced over 14

Maruti becomes first company to transport vehicles to Kashmir through train

In an X post, the company shared that the first rail shipment reached the new Anantnag terminal, marking a new chapter in green logistics

Auto sales set for strong September; analysts bet on Maruti, M&M, TVS Motor

September auto sales expectations: Analysts cite the start of festive sales from September 22, improved finance availability, dealer inventory build-up, and positive rural sentiment as key drivers.

Maruti passes GST restructuring benefits, cuts prices across models

With tax cuts ranging from ₹67,000 to ₹129,000, the firm is looking to boost sales momentum during the festive season while maintaining its dominance in the PV market

Nomura maintains FY26 auto growth forecasts despite June wholesale miss

Tractors emerged as the lone outperformer, posting a robust 10 per cent Y-o-Y rise, ahead of Nomura's 6 per cent projection.

India PV growth likely at 1-2% in FY26; Maruti to outpace industry: Suzuki

Japanese small car major Suzuki Motor Corporation on Monday said overall passenger vehicle wholesale in the Indian market is expected to grow around 1-2 per cent in 2025-26, with the company's arm Maruti Suzuki looking to outpace industry growth. The company which has earmarked total capital expenditures of 380 billion yen for 2025-26 said "investments in India will account for approximately 50 per cent" of it with plans to increase production capacity of passenger vehicles. On the outlook for FY2025-26 in India, Suzuki Motor Corporation (SMC) in an investor presentation said, "Although SUVs continue to be strong in the market, demand for compact cars continues to be sluggish, and the overall market for wholesale sales is expected to grow by (around) 1 to 2 per cent." It further said, "With the launch of two new SUVs, including the BEV e VITARA, our company plans to outpace market growth." In addition, the new Kharkhoda plant where it initiated production in February this year, wil

Cars set to get costlier from April as automakers announce price hikes

Cars are set to get costlier from April, with various automakers like market leaders Maruti Suzuki, Mahindra & Mahindra, and Hyundai, announcing price hikes due to rising input costs and operational expenses. Maruti Suzuki India, which leads the domestic passenger car segment in the country, plans to hike prices of its entire model range by up to 4 per cent from next month. The auto major currently sells various models, ranging from the entry-level Alto K-10 to the multiple-purpose vehicle Invicto in the domestic market, with prices ranging from Rs 4.23 lakh to Rs 29.22 lakh, respectively (ex-showroom Delhi). Its rival Hyundai Motor India said it will increase car prices by up to 3 per cent from April 2025, owing to rising raw material and operational costs. Similarly, Tata Motors intends to increase the prices of its passenger vehicle range, including electric vehicles, from April 2025, for the second time this year. Mahindra & Mahindra said it will hike prices of its SUVs ...

Maruti Suzuki approves reappointment of Hisashi Takeuchi as MD & CEO

Maruti Suzuki India Ltd on Wednesday said its board has approved the reappointment of Hisashi Takeuchi as Managing Director and Chief Executive Officer for a further period of three years with effect from April 1, 2025. The board in its meeting held on January 29, 2025 approved the appointment of Takeuchi as MD and CEO for a further period of three years till March 31, 2028, Maruti Suzuki India said in a regulatory filing. Takeuchi was first appointed as Managing Director and Chief Executive Officer with effect from April 1, 2022, consequent to the completion of the term of his predecessor Kenichi Ayukawa on March 31, 2022. He has been on the Board of Maruti Suzuki since July 2019 and was Joint Managing Director (Commercial) from April 2021 till his elevation. He joined Suzuki Motor Corporation (SMC) in 1986 and has a vast experience in the international operations at SMC as well as in overseas markets.

Maruti plans fast charging boost, battery rentals at India auto show

Maruti is also considering battery rental services as a solution to address what many experts view as a pain point that hinders EV adoption in India

Maruti Suzuki e Vitara electric SUV unveiled at Bharat Mobility Expo 2025

The new Maruti Suzuki e-Vitara has made its debut at the Bharat Mobility Global Expo 2025 and will go on sale in March 2025

Maruti signs deal with Bihar govt to automate driving tests at 5 sites

Maruti Suzuki India on Wednesday said it has inked a pact with the Bihar government to automate driving license test tracks at Bhagalpur, Darbhanga, Gaya, Purnia and Saran. With zero human intervention, the automated driving test tracks are aimed to make license testing more comprehensive, efficient and transparent, the auto major said in a statement. "According to data shared by the Union Road Transport Ministry, 15.3 lakh lives were lost in road accidents in the 10 years between 2014 and 2023 in India," Maruti Suzuki India (MSI) Executive Officer Corporate Affairs Rahul Bharti said. Road accident death rate in the country is around 250 per 10,000 km as opposed to 119 in China, 57 in the US, and 11 in Australia, he added. "An important aspect of road safety is driver's skill and knowledge of traffic rules. Automated driving test tracks will ensure that license seekers are better prepared and only skilled drivers are awarded a driving license. This will bring a positive transformat

Maruti Suzuki achieves milestone of exporting 3 million cars from India

MSIL currently exports 17 models to nearly 100 countries worldwide. Countries in Latin America, Africa, Asia, and the Middle East are important export markets for the company

Maruti Suzuki looks beyond top 10 markets to boost CNG car sales

90% of firm's sales in the category comes from 10 states

Buy or Sell? TCS, Maruti, HUL among 7 Nifty stocks trading in oversold zone

These 7 Nifty 50 stocks are seen trading with an RSI below 30; stocks trading in oversold zone need not necessarily bounce back immediately. Here are the key levels to watch out for.

Stable govt gives confidence of sustained growth: Maruti Chief Bhargava

India has proven the 'fallacy' of incompatibility of rapid economic growth and a democratic political system, and the continuity of government and policies give industry the confidence of sustained high growth, Maruti Suzuki India Chairman R C Bhargava said on Tuesday. In his address to shareholders in the company's Annual General Meeting held virtually, he asserted that India's democratic processes will lead it to a sustained and more equitable society. Bhargava also said the industry and the government can work with trust and confidence with each other to achieve the goal of India becoming a developed country by 2047. "Over the years, I've heard people arguing that rapid economic development and a democratic political system are not really compatible. Our country has proved the fallacy of this line of thinking," he said. Asserting his point, Bhargava said, "We are now the fastest growing economy in the world, and our prime minister is one of the most respected global ...

Maruti to start new showroom line 'Nexa Studio' in Tier-2, -3 cities

Currently, MSIL is selling its cars through two dealership lines - Nexa for premium segment, and Arena for all others

Maruti to increase deferred tax liability provision by Rs 850 cr in Q2

Maruti Suzuki India on Saturday said it would need to increase provision for deferred tax liability by around Rs 850 crore due to the withdrawal of indexation benefit while calculating long-term capital gains on debt mutual funds. The company was making accounting provisions for deferred tax liability on fair value gains on these investments, Maruti Suzuki India said in a regulatory filing. A one-time impact on profit after tax will be felt in the second quarter of the ongoing fiscal, it added. In the Finance (No.2) Act 2024, the indexation benefit has been withdrawn while calculating long term capital gains on debt mutual funds which were purchased prior to April 1, 2023, it added. "Due to withdrawal of indexation benefit and change in rate of tax from 20 per cent plus surcharge and cess (with indexation) to 12.5 per cent plus surcharge and cess (without indexation), accounting provision for deferred tax liability so created needs to be restated," the automaker said. Consequently

Affordable mass electric vehicles key to unlocking demand in Indian market

A compact, budget-friendly electric car from a major Indian manufacturer, could be the tipping point for widespread EV adoption

Driving an industry

R C Bhargava's latest book is a step-by-step recounting of the Maruti story, but its real value lies in the many lessons that the story holds both for policymakers as well as manufacturers

Sky's the limit: Maruti Suzuki ventures into electric air copters

Maruti Suzuki unveils plans for SkyDrive, electric air copters that bridge the gap between drones and helicopters and may offer ride-sharing services with easy rooftop take off