Page 11 - Maruti Suzuki India

Suzuki Motor's stake in Maruti Suzuki to rise to 58.19% from 56.48%

The board of Maruti Suzuki approved the allotment of 12,322,514 equity shares to Suzuki having a face value of Rs 5 each at a price of Rs 10,420.85 per equity share

Suzuki to introduce three-cylinder engines: Why is this a big deal?

Suzuki has continued with its four-cylinder engines at a time when most carmakers have shifted to three-cylinder units

Festival season momentum lights up domestic PV sales, GST collection

PV sales climb new peak for 3rd straight month; GST mop-up at Rs 1.72 trn

Maruti Suzuki records highest-ever monthly sale; sells 199,217 units in Oct

Utility vehicle sales for the company stood at 59,147 units in October 2023 which was almost double the 30,971 units sold in October 2022

Market share and margins to take the wheel for Maruti Suzuki India

Volume trajectory to hit the accelerator powered by festival season sales

Sensex up 635 pts, Nifty near 19,050: Reasons behind market rally on Friday

Stock market highlights: JP Morgan, on Friday, upgraded India to 'Overweight' from 'Neutral' and recommended investors to use the near-term correction as an opportunity to add

Maruti Suzuki Q2 profit jumps 80% to Rs 3,717 cr driven by better sales

The company sold 5,52,055 vehicles during the quarter as compared to 5,17,395 units in the second quarter of last year

Stocks to Watch today: RIL, Voda Idea, SBI, Adani, TTML, Jaiprakash Power

Stocks to Watch on Friday, October 27, 2023: Tata Sons, the holding company of the Tata group, will have to infuse an additional Rs 2,055 crore in its loss-making subsidiary Tata Teleservices

Maruti Q2 preview: Focus on SUVs, lower costs to aid margins, say analysts

Maruti Suzuki India Q2 preview: At the bottomline level, analysts expect the company's standalone net profit to rise up to 66 per cent year-on-year

War cry for 50%: Maruti's rise to number 1 in SUVs is the result of rejig

Hatchbacks still constitute 30 per cent of the passenger vehicle market. The top three cars in India are still small cars: Swift, Baleno and WagonR. Incidentally, all three are Maruti models

TMS Ep541: Maruti expansion, India Inc restructuring, market, Nobel disease

What is Maruti's expansion plan all about? Why is India Inc riding a merger-demerger wave? Which 5G stock is a better bet - Jio or Airtel? What is 'Nobel disease'? All answers here

Maruti eyeing bigger pie of global car market, aims to 3X exports by 2030

Maruti Suzuki reported its best-ever exports which reached 259,333 units for the financial year 2022-23

Maruti Suzuki signs MoU with IDBI to provide dealer financing solutions

The country's largest car maker Maruti Suzuki India has signed an initial pact with IDBI Bank to offer financing solutions for dealers. The new alliance will empower over 4,000 Maruti Suzuki sales outlets across the country with comprehensive inventory funding options for their working capital needs, the automaker said in a statement on Tuesday. A Memorandum of Understanding (MoU) has been signed with IDBI Bank in this regard. "We have worked closely with IDBI Bank in developing curated products and end-to-end working capital solutions for our dealer partners across the country," Maruti Suzuki India (MSI) Senior Executive Officer (Marketing & Sales) Shashank Srivastava said. Dealer partners are the backbone of the company's business and the automaker is committed to supporting them in enhancing their capabilities to address the growing Indian passenger vehicle market, he added. "IDBI Bank's supply chain finance will provide easy access to working capital finance to the dealers of

Maruti Suzuki eyes higher growth, market share gains with expansion

The company is also looking at a higher share of SUV with higher average selling prices and realisations

Maruti cranks up capital expenditure with Rs 1.25 trillion 8-year plan

MSIL operates with a total production capacity of 2.25 million units annually, with the Gujarat plant contributing about 750,000 units per annum to this figure

Rs 50,000 crore to fuel Maruti Suzuki India's expansion plans by FY31

Rs 45,000 cr to go towards boosting capacity by 2 mn, says Bhargava

Maruti Suzuki offers discounts up to Rs 68,000 on Celerio, Alto, S Presso

Maruti is offering discounts of up to Rs 45,000 for the petrol manual transmission and automatic variants of Brezza

Maruti Suzuki production decreases 1% to 174,978 vehicles in Sept

Maruti Suzuki India on Tuesday said its total production declined by 1 per cent to 1,74,978 units in September. The company had produced 1,77,468 units in September 2022. Last month, production of entry level cars -- Alto and S-Presso -- declined by 70 per cent to 10,705 units from 35,887 units in the year-ago period, Maruti Suzuki India said in a regulatory filing. Similarly, production of models like Baleno, Celerio, Dzire, Ignis, Swift and WagonR, declined to 90,849 units in September as against 92,717 units in the same month last year. Production of mid-sized sedan Ciaz declined to 2,304 units last month. It was 2,654 units in September 2022. Total passenger car production dropped by 21 per cent to 1,03,858 units last month as against 1,31,258 units in the year-ago period. Production of utility vehicles, including Brezza, Grand Vitara, Ertiga and Jimny, however, rose to 56,579 units last month as compared with 29,811 units in September 2022. Total passenger vehicle productio

Maruti Suzuki posts highest ever monthly sales in Sept at 181,343 units

Maruti Suzuki India (MSI) on Sunday said its total wholesales increased 3 per cent year-on-year to 1,81,343 units in September, its best ever in a month. The country's largest carmaker had dispatched 1,76,306 units to dealers in the same month last year. Total domestic passenger vehicle sales rose to 1,50,812 units last month, up 2 per cent from 1,48,380 units in September 2022, MSI said in a statement. In the April-September period, the company's total sales crossed the 10-lakh sales mark. MSI dispatched 10,50,085 units in the first half of the current fiscal as compared with 9,85,326 units in the same period of last fiscal. It is for the first time that the company surpassed the half-yearly sales mark of 1 million units, the automaker noted. In September, the company said the sales of its entry level cars -- Alto and S-Presso -- stood at 10,351 units, down 65 per cent from 29,574 units in the year-ago period. Sales of compact cars also declined to 68,552 units last month from

Indian PV market to nearly double in size by FY31: Maruti MD Takeuchi

Automobile businesses need to be 'reviewed, re-aligned' for higher scale of operations, he says