Page 19 - Maruti Suzuki India

Maruti Suzuki launches Brezza 2022; check prices, features, other details

The second-generation Maruti Suzuki Brezza 2022 will be available in manual and automatic transmission options, priced between Rs 7.99 lakh and Rs 13.96 lakh

V Krishnamurthy: The guardian of PSUs leaves behind an unmatched legacy

None of V Krishnamurthy's assignments were easy ones. He had to battle scepticism as well

BSE Auto hits 7-month high; Maruti, Hero Moto rally up to 13% in one week

Hero MotoCorp, Maruti Suzuki, M&M, Bosch and TVS Motor gain up to 13% in a week

Maruti stock accelerates 6% on margin hopes; other auto stocks gain

The gains are on hopes of margin improvement due to stable commodities prices

How the Japanese Yen's troubles are bringing a smile to Maruti Suzuki

Typically, the value of imports, which are in yen, is 7-8 per cent of the company's annual revenue

Sensex down 1457pts, Nifty gives up 15800 on global rout, ahead of CPI data

CLOSING BELL: The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS

Maruti Suzuki's total sales in May stand at 161,413 units; exports rise

The country's largest carmaker Maruti Suzuki India (MSI) said its total wholesales in May stood at 1,61,413 units

Mandatory 6 airbags to hit small car market adversely, says Maruti

The auto major noted that the regulation would largely impact the cost-sensitive entry-level car segment -- which has been facing headwinds and witnessing dwindling sales over the last three years

Maruti Suzuki to acquire 12.09% stake in AI firm Sociograph Solutions

Maruti Suzuki India (MSI) on Monday said it will acquire an equity stake of 12.09 per cent in Sociograph Solutions Pvt Ltd (SSPL) for about Rs 2 crore. SSPL is an artificial intelligence (AI) software company that specialises in visual AI platform predominantly used to help enterprises improve sales experiences and improve efficiency in their business. "The investment would help MSI strengthen its offering to customers by creating a customised sales experiences on the web, virtual reality and augmented reality," the auto major said in a regulatory filing.

Maruti shareholders approve appointment of Hisashi Takeuchi as MD and CEO

The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said its shareholders have approved the appointment of Hisashi Takeuchi as Managing Director and CEO. In a regulatory filing, the auto major said 99.89 per cent of votes polled through a postal ballot were in favour of the appointment of Takeuchi as MD and CEO. Similarly, 93.10 per cent of votes polled favoured the appointment of Kenichi Ayukawa as a whole-time Director designated as Executive Vice Chairman till September 30, 2022. The company's board in its meeting held on March 24 this year had appointed Takeuchi as the MD and CEO with effect from April 1, 2022, consequent to the completion of the term of Kenichi Ayukawa on March 31, 2022. Takeuchi joined Suzuki Motor Corporation (SMC) in 1986. With vast experience in the international operations at SMC as well as in overseas markets, he had been on the Board of Maruti Suzuki since July 2019, as Joint Managing Director (Commercial) since April 2021.

Maruti Suzuki Driving Schools aim to train around 2.5 mn people by 2025

The country's largest carmaker, Maruti Suzuki India Ltd on Wednesday said the number of its professional driving training schools have reached the 500 milestone across the country and aims to train around 25 lakh people by 2025. The Maruti Suzuki Driving Schools (MSDS), launched in 2005, now has presence across 242 cities with 500 state-of-the-art driving training schools and imparted driving training to more than 17 lakh customers, the company said in a statement. "The MSDS network has around 1,500 certified and qualified expert trainers, who have been imparting safe driving training. By 2025, we aim to expand the Maruti Suzuki Driving School network and train over 2.5 million people on quality driving skills." said Maruti Suzuki India Ltd (MSIL), Senior Executive Director (Marketing & Sales) Shashank Srivastava. The MSDS were launched with the core objective of imparting safe driving training and road behaviour among customers to make Indian roads safer, he said, adding, "Over ..

Maruti Suzuki April sales slip 6% to 150,661 units; exports climb 7%

The country's largest carmaker Maruti Suzuki India (MSI) on Sunday reported a 6 per cent decline in total wholesales to 1,50,661 units in April.

Maruti Suzuki consolidated Q4 net up 58% to Rs 1,839 cr despite sales dip

Consolidated total revenue from operations up 11.29% at Rs 26,749.20 crore; Board declares final dividend of Rs 60 a share

Maruti Q4 preview: Experts eye 35-40% YoY rise in PAT despite chip shortage

Analysts anticipate revenue growth of 10-11 per cent YoY driven by price hikes taken over the last few quarters, including two rounds of price hikes taken this year to offset input cost rise.

Maruti Suzuki India launches new XL6 priced at Rs 11.29 lakh onwards

The new XL6 is powered by a 1.5-litre petrol engine with a peak power of 75.8 kW. It is available in manual and automatic transmission options, priced between Rs 11.29 lakh and Rs 14.55 lakh

Maruti Suzuki hikes vehicle prices by up to 1.9% amid rising input costs

The country's largest carmaker Maruti Suzuki India (MSI) on Monday said it has increased prices of its entire model range, between 0.9 per cent to 1.9 per cent, with immediate effect. The company, which currently sells a range of vehicles from Alto to S-Cross, said it has taken the decision to hike prices due to an increase in input costs. The weighted average price rise, with effect from April 18, in ex-showroom prices (New Delhi) across models is 1.3 per cent, it added. MSI has already hiked vehicle prices by around 8.8 per cent from January 2021 to March 2022, owing to constant increase in input costs. Over the past year, the cost of the company's vehicles continues to be adversely impacted due to increase in various input costs, the auto major had stated in regulatory filing earlier this month. With prices of various essential commodities like steel, copper, aluminium and precious metals going up, automakers have been hiking prices on a regular basis to offset the impact. Las

Two people die in fire at Maruti Suzuki's Rohtak R&D centre

Maruti Suzuki India (MSI) on Monday said two people working with a contract firm died in a fire incident at its research & development centre at Rohtak in Haryana. There was a fire incident on Monday afternoon in the company's Rohtak R&D centre in one of the buildings where a new lab expansion was being carried out by a third party project company, the country's largest carmaker said in a regulatory filing. The fire was brought under control and the root cause is being examined along with the investigating authorities, it added. "Unfortunately, two people working with a contract firm of the project company succumbed to the fire," the carmaker said. The company deeply mourns this loss of life and stands with the families of the deceased in this moment of grief, it added. There have been no other injuries, the auto major stated. This incident does not affect the production or operations of the company, MSI noted.

Maruti Suzuki to hike vehicle prices this month amid rise in input costs

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it will increase prices of its entire model range

Maruti Suzuki names Hisashi Takeuchi as new Managing Director and CEO

Takeuchi joined Suzuki Motor Corporation (SMC) in 1986

Maruti Suzuki gets global recognition for its annual report

The Maruti Suzuki Annual Integrated Report achieved 100 per cent in six out of eight parameters