Page 3 - Maruti Suzuki India

Maruti Suzuki expands SUV lineup with new mid-sized model 'Victoris'

Maruti Suzuki India on Wednesday expanded its product range in the country with the launch of an all-new model 'Victoris' as it looks to enhance its presence in the robustly growing mid-sized SUV segment. The country's largest carmaker currently sells SUV models like Fronx, Brezza, Jimny and Grand Vitara in the domestic market. Speaking at the Victoris launch event here, Maruti Suzuki India MD and CEO Hisaschi Takeuchi said India has the largest youth population in the world, who will drive growth and become the company's current and future customers. "The Indian automobile industry is changing as a new set of customers is entering the market. They are the young generation and represent the new India. So, we thought, why not create a product that raises the bar in the SUV segment," he said. Takeuchi noted that the contribution of SUVs continues to go up in the company's overall sales. "Our SUV contribution to total sales has grown nearly threefold, rising from 8.9 per cent in FY 2

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.

Will e-Vitara launch drive gains for Maruti Suzuki stock? Strategy decoded

Maruti Suzuki launches its first EV SUV, e-Vitara, with global export focus. Analysts decode stock outlook, price targets, and growth strategy

M&M extends fall, slips 6% in 3 days; why this automobile stock is falling?

Mahindra & Mahindra stock was the top loser among the BSE Sensex, and the BSE Auto index in intra-day deals on Friday owing to profit-taking at the counter.

India must not give in to any 'bullying': MSIL's RC Bhargava on tariffs

On the domestic front, he said reducing GST on small cars could help counter the economic strain created by American tariffs

GST restructuring key reform, will boost India's economy: RC Bhargava

The proposal to restructure the GST structure is an exceedingly important reform measure that will result in a substantive improvement in the country's economy, Maruti Suzuki India (MSI) Chairman R C Bhargava said on Monday. The Centre has proposed a two-tier GST structure of 5 and 18 per cent, besides a 40 per cent special rate on a select few items to the group of ministers (GoM) on GST rate rationalisation. Goods and Services Tax (GST) is currently levied at 5, 12, 18 and 28 per cent. While food and essential items are either at nil or 5 per cent, luxury and demerit goods are in 28 per cent slab, with a cess on top of it. If the Centre's proposal is accepted by the GoM, it would be placed before the GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising finance ministers from all states and UTs, in its meeting likely next month. "The move by the government to restructure GST is an exceedingly important reform measure, and I think the government is doing an ..

Modi's Diwali Dhamaka: 5 stocks to watch out for as govt plans GST reforms

Stocks such as Maruti Suzuki, TVS Motor, Blue Star, Johnson Controls and JK Cement can rally up to 26% as the government plans 2-tier GST reforms ahead of Diwali 2025.

Maruti Suzuki India bets on SUVs to offset small car sales slowdown

Indian unit of Japan's Suzuki Motor Corp plans to launch a new SUV on Sept 3 and hopes it will double its sales in the segment

Skid marks on the quarter but Hyundai Motor India keeps its grip

Volume and revenue dips mar Q1, but rural traction and export gains keep automaker from sliding off course

Stocks to Watch today, Aug 1: Coal India, Swiggy, JSW Energy, Eicher Motors

Stocks to Watch Today, Friday, August 1, 2025: Here is the complete list of stocks to watch during today's trading session

Maruti says engineers working to mitigate rare earth magnet shortage issue

Maruti Suzuki India on Thursday said its engineers are working to mitigate the rare earth magnet shortage issue, noting that there has been no impact on its production so far. In an analyst call post the company's June quarter financial results, Maruti Suzuki India Senior Executive Officer Corporate Affairs Rahul Bharti termed the shortage a challenging situation. "So, it is a challenge, and of course, our engineers are working to mitigate it and ensure that we do not have the impact of this. "So, it's work in progress, but as of now, we are managing the situation. If and when there is an impact, we'll come back to you to answer your question," Bharti replied to a query on the matter. The recent imposition of export restrictions by China on key rare earth magnets has resulted in supply chain bottlenecks, impacting the user industries, including the auto and electronics sectors. China currently dominates the global rare earth magnet supply chain, controlling over 90 per cent of glo

Maruti Suzuki reports flat profit growth for Q1 FY26 on sluggish demand

The carmaker's revenue from operations rose 7.9 per cent Y-o-Y to ₹38,605.2 crore in Q1 FY26, up from ₹35,779.4 crore in Q1 FY25

Stock market close highlights: Sensex sheds 296pts, Nifty at 24,768 on tariff woes; FMCG bucks trend

Stock Market Highlights, July 31, 2025: Among the sectoral front, Nifty FMCG index defied the market trends and settled higher with the gains of 1.44 per cent, led by Emami, and Hindustan Unilever

Q1 results today: HUL, Swiggy, Vedanta, Adani Enterprises on July 31

Q1 FY26 company results, July 31: PB Fintech, Maruti Suzuki, Ambuja Cements, JSW Energy, Dabur, Mackenzie, Coal India, Dr. Lal PathLabs, TVS Motor and will also release their April-June quarter earnin

Maruti Suzuki signs MoU with DPIIT to encourage, support startups

Maruti Suzuki India on Wednesday said it has joined hands with the Department for Promotion of Industry and Internal Trade to encourage and support startups to develop technology-driven solutions in automobile manufacturing and mobility space. Startups recognised by Department for Promotion of Industry and Internal Trade (DPIIT) under the 'Startup India' initiative will have the opportunity to participate in Maruti Suzuki's innovation programmes, the auto major said in a statement. Upon selection, startups will benefit from expert mentorship, industry insights, and access to auto maker's extensive network and infrastructure, which serves as a valuable testbed for robust validation of their solutions, it stated. Additionally, startups will get a platform to connect to incubators, accelerators, and investors to showcase their solutions, it added. "Through this partnership with DPIIT, we will be able to further accelerate our efforts to support promising startups to create technology-

India-made Jimny helps Suzuki top Japan imports in June, overtakes Mercedes

Demand for the India-built Jimny Nomad pushes Suzuki past Mercedes in Japan's import charts, even as Maruti Suzuki faces a domestic slowdown in sales

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 to set up in-plant rly siding at Kharkhoda facility in 3-4 years

The Manesar rail facility will cut emissions and aid exports, while a similar siding is planned at Kharkhoda within 3-4 years as part of MSIL's green logistics push

Maruti Suzuki sees vehicle dispatches via railways to rise to 35% by FY31

Car market leader Maruti Suzuki India Ltd expects vehicle dispatches through railways to increase to 35 per cent by 2030-31, its Managing Director and CEO Hisashi Takeuchi said on Tuesday. The company, which inaugurated its second automobile in-plant railway siding at its Manesar facility, has increased vehicle dispatches through railways, from just around 5 per cent in FY 2014-15 to 24 per cent last year, he said while addressing the event here. The automobile in-plant railway siding at Manesar plant is India's largest GatiShakti multi-modal cargo terminal. "Maruti Suzuki pioneered the use of railways for vehicle dispatches over a decade ago by becoming the first company to obtain the automobile-freight-train-operator license in India, and since then, we have dispatched over twenty-five lakh passenger vehicles using railways," Takeuchi said. In March 2024, the automaker became the first automobile company to establish an in-plant railway siding in its Gujarat manufacturing plant.

No disruption in operations due to rare earth supply crisis: Maruti

Automaker says situation is 'uncertain and evolving' amid report that it has made e-Vitara production cuts