Page 2 - Maruti Suzuki Auto

Maruti commences e VITARA exports; ships over 2,900 units in August

Maruti Suzuki India on Monday said it has commenced shipment of its battery electric vehicle e VITARA, having dispatched over 2,900 units last month. The units were shipped from Gujarat's Pipavav Port to 12 European countries - the UK, Germany, Norway, France, Denmark, Switzerland, the Netherlands, Sweden, Hungary, Iceland, Austria, and Belgium. On August 26, Prime Minister Narendra Modi flagged off the first e VITARA from the Gujarat facility. The battery electric model is exclusively manufactured at Maruti Suzuki's Hansalpur manufacturing facility. "The start of export of e VITARA to Europe is indeed a proud and defining moment for us," Maruti Suzuki India MD and CEO Hisashi Takeuchi said in a statement. The company plans to export the model to over 100 countries and will be sold in the domestic market as well. Maruti Suzuki's overall exports in August surged 40 per cent to 36,538 units compared to 26,003 units in the year-ago period.

Maruti Suzuki surges 15% in 7 days; ICICI Securities sees more upside

Maruti stock at new high: In the past one month, the stock has outperformed the market by soaring 20 per cent.

Passenger vehicle despatches in reverse gear for 3rd straight month in July

PV production in July was nearly unchanged at 398,071 units (up 0.1 per cent), indicating that original equipment manufacturer despatches are being calibrated to retail demand

Maruti Suzuki Escudo to launch this Diwali, set to challenge Creta, Seltos

Maruti Suzuki's new Escudo SUV, codenamed Y17, is expected to debut during Diwali 2025 with petrol, hybrid, and CNG options - poised to rival Hyundai Creta and Kia Seltos

Maruti has magnet stock till July, looking for alternatives: Chairman

R C Bhargava says commercial battle helps neither Indian nor Chinese companies

Maruti Suzuki partners with ESAF Small Finance Bank for vehicle finance

Maruti Suzuki India Ltd on Monday said it has partnered with ESAF Small Finance Bank to offer retail financing solutions for new cars, used cars, and commercial vehicles. The two partners have signed a Memorandum of Understanding for the purpose, which will focus on offering easy and flexible finance options tailored especially for first-time buyers, the company said in a statement. The partnership will leverage the combined network of Maruti Suzuki and ESAF Small Finance Bank across Tier II and Tier III cities to make vehicle ownership more accessible and convenient for a wider segment of customers, it added. "Through this (partnership), we aim to further enhance financing options and flexible repayment solutions...," Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee said. ESAF Small Finance Bank MD & CEO K Paul Thomas said, "This collaboration will help extend affordable and convenient mobility solutions to a wider customer base, particularly ..

Maruti launches flexible EMI plan to upgrade small cars to Grand Vitara

The pilot scheme in three cities offers low EMI of around Rs 9,999 and guaranteed buyback after five years to make SUV ownership affordable and accessible for small car owners

Maruti Suzuki May sales up 3% at 180,077 units; dip in mini car segment

Maruti Suzuki India on Monday reported 3 per cent year-on-year increase in total sales at 1,80,077 units in May. The country's largest carmaker sold a total of 1,74,551 units in May 2024. Total domestic passenger vehicle dispatches to dealers stood at 1,35,962 units last month as compared with 1,44,002 units in the year-ago period, a dip of 6 per cent, Maruti Suzuki India (MSI) said in a statement. Sales of mini segment cars Alto and S-Presso declined to 6,776 units as against 9,902 units in the same month last year. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, also fell to 61,502 units as compared to 68,206 units in May 2024. Utility vehicles Grand Vitara, Brezza, Ertiga, XL6, Jimny clocked sales of 54,899 units last month as compared with 54,204 units earlier. Sales of Eeco van were at 12,327 units as against 10,960 units. Light commercial vehicle Super Carry sales stood at 2,728 units as against 2,692 units earlier. MSI said its exports

Small cars need to grow by 8-10% annually to keep sector on track: Bhargava

If small cars perform better than we have estimated, we will exceed our projections, Bhargava said

Entry-level car buyers priced out even as SUV sales surge in India

Two-wheeler owners finding upward mobility challenging

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

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

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 ..

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

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

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

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

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

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

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