Page 2 - Maruti Sales

Top headlines: Gold import duty raised to 15%, GST receipts up 56% in June

India's factory output expanded at its slowest pace in nine months in June. More on that in our top headlines

Maruti Suzuki June sales at 122,685 units, down 1.2% due to chip crunch

However, if sales of Baleno and Brezza models to Toyota Kirloskar and of LCV Super Carry are included, the dispatches were up from 130,348 units a year ago to 132,024 units last month

Sensex gyrates 1,227pts, ends 779pts down; Maruti dips 6%, Coal India up 9%

Closing Bell: The benchmarks were bogged down by Maruti Suzuki, Dr Reddy's Labs, Bajaj Auto, Hero MotoCorp, ICICI Bank, HDFC twins, Eicher Motors, and Sun Pharma

Semiconductor shortage: Maruti, Hyundai see decline in wholesales in Jan

Top passenger vehicle makers, Maruti Suzuki, Hyundai, Mahindra & Mahindra, Toyota Kirloskar Motor and Honda, on Tuesday reported decline in vehicle dispatches from factories to dealers in January amid shortage of semiconductors continuing to hamper production. However, Tata Motors and Skoda Auto India posted huge jump in their domestic wholesales during the month. Maruti Suzuki India's domestic sales slipped by 8 per cent to 1,36,442 units last month as against 1,48,307 units in January 2021. "The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in domestic market. The company took all possible measures to minimise the impact," MSI said in a statement. Similarly, Hyundai Motor India Ltd reported a 15.35 per cent drop in its domestic sales to 44,022 units last month against 52,005 units in January 2021. In contrast, Tata Motors' total passenger vehicles sale was higher at 40,777 units last month as compared to 26,978 units

Hyundai to Maruti, carmakers ride SUV rush in quest for the pole position

Hyundai to Maruti, carmakers ride SUV rush in quest for the pole position

Maruti Suzuki India reports 3% production dip in November

The auto major reported total production of 1,45,560 units in November compared to 1,50,221 units in November 2020

Maruti Suzuki shares decline over 2% after September sales data

Shares of Maruti Suzuki India (MSI) on Friday dipped over 2 per cent after the company reported 46.16 per cent decline in sales in September. The stock dipped 2.39 per cent to close at Rs 7,159.40 on the BSE. During the day, it declined 3.28 per cent to Rs 7,093.50. On the NSE, it dipped 2.39 per cent to close at Rs 7,162.30. The country's largest carmaker Maruti Suzuki India on Friday reported 46.16 per cent decline in sales at 86,380 units in September. The company had sold 1,60,442 units in September last year, MSI said in a statement. Domestic sales slipped 54.9 per cent to 68,815 units last month as against 1,52,608 units in September 2020, it added. "Sales volume of the company in September 2021 was adversely impacted due to shortage of electronic components. The company took all possible measures to limit the adverse impact," the auto major stated.

Maruti Suzuki to slash output in September by 60% over chip shortage

Closure of Bosch plant in Malaysia hurt production in September

Maruti Suzuki sales at lowest in 6 years amid Covid-induced slowdown

The carmaker's production declined for the third consecutive year in financial year 2020-21 to an 11-year low

Maruti Suzuki Q1 profit falls 62% as Covid-19 hits output, sales

Commodity super cycle to hit margins, says carmaker

Maruti Suzuki Nexa completes 6 yrs with cumulative sales of 1.4 mn units

Maruti Suzuki India (MSI) on Friday said its premium sales network Nexa has crossed 1.4 mn sales milestone in six years of coming into existence

Maruti crosses 5 mn cumulative sales milestone in rural markets of India

The country's largest carmaker Maruti Suzuki India on Wednesday said it has crossed the 50 lakh cumulative sales milestone in rural markets of India. With over 1,700 customised outlets in rural parts of the country, nearly 40 per cent of the total MSIL sales come from rural markets today, Maruti Suzuki India Ltd (MSIL) said in a statement. The company's total sales in the April-June period of this fiscal stood at 3,53,614 units. In fiscal 2020-21, it had sold a total of 14,57,861 units, down from 15,63,297 units sold in 2019-20. Commenting on the feat, MSIL Senior Executive Director (Marketing & Sales) Shashank Srivastava said, "We are proud to announce that with the support from our customers and local dealer partners, we have achieved 50 lakh sales in rural India cumulatively." Stating that rural markets have a very special place in the company's business, he said, "over the years, we have carefully studied the needs of this segment... We remain committed to deliver products and

Top Headlines: CBSE Class 12 Board cancelled, Maruti's sales take 71% hit

Our top headlines Wednesday track the Indian economy

Maruti Suzuki reports 11.8% rise in sales to 1,64,469 units in February

The company had sold 1,47,110 units in February last year, Maruti Suzuki India (MSI) said in a statement

Maruti Suzuki looking to cash in on increased demand for CNG vehicles

Amid skyrocketing prices of petrol and diesel, Maruti Suzuki India (MSI) is looking to cash in on the accelerated demand for its CNG vehicles, expecting nearly 50 per cent growth in the ongoing fiscal year, according to a senior company official. The company, which offers CNG options in eight models out of total 14 available in the Indian market, is also actively working to expand the portfolio. "This year CNG (vehicles) in the industry has grown almost 37 per cent at a time when the overall growth is negative (18 per cent decline) in April-January period. It means CNG is growing very well," Maruti Suzuki India Executive Director (Marketing & Sales) Shashank Srivastava told PTI. Explaining why the demand for CNG vehicles has gone up, he said as the prices of petrol and diesel as a fuel have gone up dramatically, the running costs have also increased. "The cost of running CNG is only Rs 1.5 per km whereas for petrol and diesel it is almost Rs 4 per km. People are now preferring ...

Demand, dip in market share, profit margin weigh on Maruti Suzuki

Valuations factor in the volume rebound, leaving little upside from the current levels

Maruti expands lead over rivals with 51% share, best ever sales in October

Shift towards petrol, entry-level vehicles and robust distribution in rural areas helps company to maintain pole position

Here's what to expect from Maruti Suzuki's Q2 results today

According to recent sales data, Maruti sold 3.9 lakh units, comprising 3.70 lakh units in domestic and 22,511 units in exports, during the quarter under review

Maruti launches special edition of Swift in festive season at Rs 519,000

The Swift Special Edition is available at an additional cost of Rs 24,990 across all company's dealerships

Maruti remains bullish on long-term growth of auto sector despite hurdles

Srivastava said it was getting difficult to predict when the company would be able ro achieve normal volumes