Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year
Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year
Maruti hopes to rival Mahindra Thar with its simple, practical and no-nonsense off-roader which is based on a ladder-frame chassis giving it a traditional SUV character
At a time when the Indian market is fraught with SUVs in all shapes and designs, at this point, Honda does not have an SUV to offer
The total domestic sales were up from 132,248 units in April last year to 143,558 units this year
Maruti Suzuki India remains "vulnerable to supply side bottlenecks" this fiscal even as it looks to source electronic components through multiple sources, according to a senior company official. The country's largest carmaker, which could not produce around 1.7 lakh units last fiscal due to semiconductor shortage, is also coming up with measures to reduce the usage of certain kinds of chips in its cars. "The problem (chip shortage) is a global one..it could affect different models, different companies, different modules differently..all our efforts are to organise supplies through multiple sources," Maruti Suzuki India (MSI) Executive Officer (Corporate Affairs) Rahul Bharti said in an analyst call. He noted that the company is working to do away with certain chips in some models/trims where the requirement is superfluous. "If there is a particular semiconductor in a particular variant of a model which is superfluous and not required..so we are removing all such needs so that our .
What makes Maruti tick? Is Vedanta out of the woods? Should investors sell stocks in May and go away? What is predatory pricing? All answers here
What makes Maruti tick? Is Vedanta out of the woods? Should investors sell stocks in May and go away? What is predatory pricing? All answers here
The premium MPV will be placed above Maruti Suzuki's own popular MPV, Ertiga
With rising commodity prices and increasing inflation, the cost of acquisition for small cars has increased significantly during the last few years
Indians bought a record 4 million passenger vehicles in fiscal year 2022-23, led by demand for sports utility vehicles
New plant to add capacity of 1 million units
The automaker also declared a dividend of Rs 90 per share
Stocks to watch today: From Maruti Suzuki to Bajaj Finance, here are top stocks to watch in Wednesday's trade
The top variants of the Fronx offer good-to-have features like cruise control, automatic climate control and wireless phone charging
"The affected vehicle may require increased effort in brake pedal application," the company said in a release
Passenger vehicle leaders Maruti Suzuki India and Hyundai Motor saw their market share dip in FY23 as compared with FY22 as they struggled with shortage of electronic components, according to automobile dealers' body FADA. Tata Motors, Mahindra & Mahindra and Kia India on the other hand witnessed an increase in their market share based on the retail sales last fiscal. As per the Federation of Automobile Dealers Associations (FADA), the retail sales of country's largest carmaker Maruti Suzuki India rose to 14,79,221 units in 2022-23 fiscal, attaining a market share of 40.86 per cent. It had retailed 12,39,688 units in 2021-22 and grabbed a market share of 42.13 per cent. Earlier, the auto major had stated that it faced shortage of electronic components last fiscal with an order backlog of around 3.8 lakh units. Similarly, Hyundai Motor India saw an increase in retail sales at 5,25,088 units last fiscal, however its market share dropped to 14.51 per cent. It had sold 4,79,027 units
Passenger vehicle exports from India rose 15 per cent in FY23 with Maruti Suzuki India leading the segment with dispatches of over 2.5 lakh units, as per the latest data by industry body SIAM. The total passenger vehicle (PV) exports stood at 6,62,891 units in the 2022-23 fiscal as compared to 5,77,875 units in 2021-22. Passenger car shipments saw a 10 per cent growth at 4,13,787 units, while utility vehicle exports rose 23 per cent at 2,47,493 units during the last fiscal, the data by the Society of Indian Automobile Manufacturers (SIAM) showed. Exports of vans, however, declined to 1,611 units last fiscal, from 1,853 units in the 2021-22 fiscal year. Maruti Suzuki India (MSI) led the exports last fiscal in the passenger vehicle segment. It was followed by Hyundai Motor India and Kia India. MSI, the country's largest carmaker, exported 2,55,439 PVs last fiscal, an 8 per cent increase as compared to 2,35,670 units in the 2020-21 fiscal year. The carmaker exports to various market
Maruti Suzuki Fronx is expected to sell for Rs 8 lakh and to around Rs 14 lakh (ex-showroom)
The country's largest car maker Maruti Suzuki India aims to more than double its SUV sales this year and take the leadership position in the fast-growing segment with a market share of over 25 per cent, according to a senior company official. The auto major sold 2.02 lakh sports utility vehicles (SUVs) last financial year with a market share of around 13 per cent. In the current fiscal year, the company aims to sell around 5 lakh units. The SUV segment is currently the fastest-growing vertical in the domestic passenger vehicle industry. The SUV contribution to the overall passenger vehicle market has grown from 24 per cent in 2018 to 43 per cent in 2022. In an interaction with PTI, Maruti Suzuki India Senior Executive Officer (Sales & Marketing) Shashank Srivastava said the doubling of the market share in the SUV segment would also help the company in its bid to again surpass the 50 per cent market share mark in the domestic passenger vehicle industry. "This fiscal year we expect