Wednesday, May 14, 2025 | 08:52 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Maruti Suzuki Auto

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

India PV growth likely at 1-2% in FY26; Maruti to outpace industry: Suzuki
Updated On : 12 May 2025 | 3:04 PM IST

Maruti Suzuki making production lines flexible to roll out ICE, EV models

Maruti Suzuki is making its production capabilities flexible so that more models, including electric vehicles, could roll out from the same manufacturing set-up, according to a senior company official. The country's largest carmaker Maruti Suzuki India is looking to add another 20 lakh units-production capacity by 2030-31 with about 28 different models in the market. Currently, the auto major has a production capability of around 26 lakh units per annum across its manufacturing plants in Haryana and Gujarat. The two plants in Haryana at Gurugram and Manesar roll out around 16 lakh units per annum. The new plant in Kharkhoda has also commenced production. To begin with, the new facility will have an annual production capacity of 2.5 lakh units and produce the compact SUV Brezza. Suzuki Motor Gujarat, a unit of the company, has also set up a facility in Gujarat with an installed production capacity of 7.5 lakh units per year. "In terms of production planning, increasingly we are ma

Maruti Suzuki making production lines flexible to roll out ICE, EV models
Updated On : 04 May 2025 | 11:13 AM IST

Suzuki Motor Corp, Maruti Suzuki to set up Osamu Suzuki Centre in India

Suzuki Motor Corporation and Maruti Suzuki India Ltd on Wednesday announced a proposal to set up Osamu Suzuki Centre of Excellence in India in honour of late Osamu Suzuki, the former chairman of the Japanese small car major. The Osamu Suzuki Centre of Excellence (OSCOE) is proposed to be located in Gujarat and Haryana, and will work towards supporting the national objective of high manufacturing growth and raising the standard of component manufacturers (across tier-1, 2 & 3) to make supply chains of the country globally competitive, Maruti Suzuki India said in statement. It will also work to build infrastructure and develop programmes in collaboration with academia and others to propagate Japanese manufacturing philosophy, the statement added. "The programme would include, but not limited to formal teaching, lectures, discussions, seminars etc. Importantly, the efforts of OSCOE would go beyond the automotive sector to other areas of manufacturing," it added. The announcement to ..

Suzuki Motor Corp, Maruti Suzuki to set up Osamu Suzuki Centre in India
Updated On : 23 Apr 2025 | 1:57 PM IST

Maruti Suzuki Q4 preview: What analysts expect on revenue, PAT, guidance?

The key focus during Maruti Suzuki's Q4FY25 results, analysts believe, will be the demand outlook and new product timeline

Maruti Suzuki Q4 preview: What analysts expect on revenue, PAT, guidance?
Updated On : 23 Apr 2025 | 1:33 PM IST

Auto stocks can defy Trump tariff woes, may rally up to 24%; suggest charts

Technical charts suggest that the Nifty Auto index can potentially rise up to 11 per cent; Tata Motors which is oversold can bounce back up to 24 per cent from present levels. M&M, however, looks weak

Auto stocks can defy Trump tariff woes, may rally up to 24%; suggest charts
Updated On : 27 Mar 2025 | 12:16 PM IST

Maruti Suzuki to invest over ₹7,410 cr to set up third plant in Haryana

The new plant is likely to take the company's capacity in the region to 750,000 units per year by 2029

Maruti Suzuki to invest over ₹7,410 cr to set up third plant in Haryana
Updated On : 26 Mar 2025 | 3:38 PM IST

Here's why Maruti Suzuki share price dropped 1.5% in trade on March 26

Maruti Suzuki revealed that there is no impact on financial, operation or other activities of the company due to this draft Assessment Order

Here's why Maruti Suzuki share price dropped 1.5% in trade on March 26
Updated On : 26 Mar 2025 | 11:53 AM IST

Stocks to Watch, Feb 27: SBI, Airtel, UltraTech, Nuvama, SpiceJet, IndiGo

Stocks to watch today: SBI has reached a housing loan book of Rs 8 trillion and aims to grow its mortgage book to Rs 10 trillion by March 2027, according to its Chairman, C S Setty

Stocks to Watch, Feb 27: SBI, Airtel, UltraTech, Nuvama, SpiceJet, IndiGo
Updated On : 27 Feb 2025 | 6:55 AM IST

Maruti Suzuki Q3 preview: Profit may climb up to 23%, revenue by 17% YoY

On the bourses, at 12:45 PM, Maruti Suzuki share was trading 0.21 per cent lower at Rs 11,965.15 per share. In comparison, BSE Sensex was trading 1.01 per cent higher at 76,128 levels

Maruti Suzuki Q3 preview: Profit may climb up to 23%, revenue by 17% YoY
Updated On : 28 Jan 2025 | 1:47 PM IST

India's flagship auto show sees 26 EV launches, charging infra in focus

Maruti Suzuki plans to ready 1,500 EV-enabled service workshops across 1,000 cities; Hyundai plans to localise the EV supply chain through battery packs

India's flagship auto show sees 26 EV launches, charging infra in focus
Updated On : 23 Jan 2025 | 11:54 PM IST

Maruti to Mercedes: Top 10 sedans revealed at Bharat Mobility Auto Expo

The Bharat Auto Expo 2025 concluded yesterday, January 22, 2025. Here are the top 10 sedans you can't miss from the Auto Expo

Maruti to Mercedes: Top 10 sedans revealed at Bharat Mobility Auto Expo
Updated On : 23 Jan 2025 | 3:29 PM IST

Maruti plans to drive in small EVs after eVitara preview at Mobility Expo

The company is currently focused on strengthening its position in the SUV segment as part of its goal to achieve a 50 per cent market share in the Indian automobile market

Maruti plans to drive in small EVs after eVitara preview at Mobility Expo
Updated On : 17 Jan 2025 | 12:11 AM IST

Maruti Suzuki stock hits 12-week high; rallies nearly 4% on healthy outlook

Stock rides high on December's strong volumes and positive market sentiment

Maruti Suzuki stock hits 12-week high; rallies nearly 4% on healthy outlook
Updated On : 15 Jan 2025 | 11:12 PM IST

Maruti Suzuki e Vitara electric SUV India debut on Jan 17: Check details

The new Maruti Suzuki e-Vitara is set to make its debut at the Bharat Mobility Global Expo 2025 and is expected to go on sale in March 2025. Here's what you can expect from this exciting new release

Maruti Suzuki e Vitara electric SUV India debut on Jan 17: Check details
Updated On : 08 Jan 2025 | 8:53 AM IST

Maruti to add 2,760 service outlets by FY31: CEO Hisashi Takeuchi

In the previous financial year, FY24, MSIL added 400 service touchpoints, with 90 in the Nexa (premium) format and the remaining 310 in the Arena (affordable) format

Maruti to add 2,760 service outlets by FY31: CEO Hisashi Takeuchi
Updated On : 11 Dec 2024 | 11:32 PM IST

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 achieves milestone of exporting 3 million cars from India
Updated On : 25 Nov 2024 | 7:56 PM IST

Maruti Suzuki launches all-new version of Dzire to strengthen product range

Maruti Suzuki India on Monday introduced the all-new version of its compact sedan Dzire and said the automaker would continue to cater to all customer segments in order to preserve its high market share in the domestic market. The automaker introduced the new Dzire priced between Rs 6.79 lakh and Rs 10.14 lakh (ex-showroom Delhi). While the SUV segment has been growing, other segments are also important to the company in order to maintain high market share, Maruti Suzuki India (MSI) MD and CEO Hisashi Takeuchi told reporters here. He said Dzire has been a global success for the automaker with around 30 lakh units sold so far across markets. Takeuchi noted that the company has invested around Rs 1,000 crore on the development of the model. MSI Senior Executive Officer (Marketing and Sales) Partho Banerjee said the company's endeavour is to serve all customer segments. MSI currently has over 40 per cent market share (wholesales) in the overall domestic passenger vehicle segment. I

Maruti Suzuki launches all-new version of Dzire to strengthen product range
Updated On : 11 Nov 2024 | 3:14 PM IST

Maruti Suzuki passenger car output falls 16%, utility vehicle rises 33%

Car market leader Maruti Suzuki India cut production of its passenger cars by 16 per cent last month but increased those of utility vehicles by 33 per cent compared to October 2023, according to a regulatory filing by the company. Its passenger cars production stood at 89,174 units last month against 1,06,190 units in October 2023, down 16 per cent, Maruti Suzuki India said in the filing. On the other hand, production of utility vehicles, including Brezza, Ertiga, Fronx, Jimny, XL6 and those supplied to Toyota Kirloskar Motor, rose 33.18 per cent to 72,339 units from 54,316 units in the year-ago month. Production of mini cars comprising Alto and S-Presso was down at 12,787 units last month against 14,073 units in October 2023. Similarly, production of compact cars Baleno, Celerio, Dzire, Ignis, Swift, WagonR and those supplied to Toyota Kirloskar Motor were lower at 75,007 units compared to 90,783 units in the same month last year. Mid-sized sedan Ciaz saw production inched up ...

Maruti Suzuki passenger car output falls 16%, utility vehicle rises 33%
Updated On : 04 Nov 2024 | 2:20 PM IST

Maruti Suzuki aims to boost festive sales with November wedding surge

With a record October month behind, the country's largest carmaker Maruti Suzuki India is banking on a "few lakhs marriages" slated for November to carry forward the festive sales momentum, according to a senior company official. The company clocked retail sales of 2,02,402 units last month, which is its highest for any October month on the back of festive sales, breaking the previous record of 1,91,476 units posted in October 2020. "We are made to understand that some 'few lakhs' marriages are being planned across the country (in November). So we are pretty hopeful that it will also give us good traction in terms of our retail sales," Maruti Suzuki India Ltd Senior Executive Officer, Marketing and Sales, Partho Banerjee told PTI. He was responding to a query on whether the company would be able to carry on the momentum of festive season sales for the next few months. "We have to see actually but we feel there are a good number of marriages this time in the month of November. The .

Maruti Suzuki aims to boost festive sales with November wedding surge
Updated On : 03 Nov 2024 | 1:38 PM IST

Maruti Suzuki Q1 results: PAT up 47% to Rs 3,650 cr on high demand of SUVs

The share of SUV sales in Maruti's overall sales grew to 31 per cent from 25 per cent a year ago, making it the company's second-biggest segment after compact cars

Maruti Suzuki Q1 results: PAT up 47% to Rs 3,650 cr on high demand of SUVs
Updated On : 31 Jul 2024 | 4:12 PM IST