Page 30 - Maruti Suzuki India

Entry of new players will help us emerge stronger, says Maruti Suzuki MD

Maruti Suzuki, the country's biggest car maker (47 per cent market share), had its best performance in FY17. It is geared for another year of strong performance, as demand remains strong for many models, KENICHI AYUKAWA, managing director and chief executive officer, tells Ajay Modi. Edited excerpts of a talk on plans and focus: FY17 was the best year for you in sales and profit. What factors helped?Yes, a record high. We launched products in the past couple of years that have been well accepted. Fortunately, production is operating at 100 per cent (of capacity). The performance came in spite of the difficulties and challenges we saw in the form of disruption of component supplies and demonetisation. We made efforts to overcome these. Our business partners -- suppliers and dealers -- made a lot of efforts. The collaboration delivered.What is helping profitability to grow consistently?Through the Nexa (its premium dealership chain) network, we succeeded in providing higher priced ...

Maruti Suzuki hits new high; enters top-10 club of most valuable companies

The stock hit a new high of Rs 6,355, up 5% on the BSE in intra-day trade.

Maruti sales rise 8% in March at 139,763 units

Its domestic sales increased 7.7% during to 127,999 units as against 118,895 units in March 2016

2012 Maruti factory violence: Meet Sonu Gujjar, the man behind the strike

The trial lasted four years

Alto, Dzire, WagonR: 8 Maruti models make it to 10 best-selling cars in Jan

MSI's premium hatchback Swift came in at fourth position with 14,545 units in January.

Maruti Suzuki to invest another Rs 1,900 cr on Rohtak centre in 2 years

The country's largest carmaker Maruti Suzuki India (MSI) is investing another Rs 1,900 crore till March 2019 on enhancing the R&D centre here for cutting time of new product development and to expand infrastructure for evaluating vehicles' safety. The company has already invested around Rs 1,900 crore on the first phase of development at the R&D centre that houses various facilities, including vehicle testing and evaluation labs. "In the second phase we will have facilities dedicated for transmissions, engines, emissions controls among others. These will come up at the centre over the next few years," MSI Executive Director R&D, C V Raman told reporters here. The company had completed the first phase of development at Rohtak centre in November 2015. The centre, which is spread over 600 acres, is already playing a significant role in Maruti's endeavour to be compliant with new safety regulations that will come in by October this year. The company's .

Ciaz, Ertiga in demand? Sales of Maruti Suzuki's smart hybrid vehicles soar

The company offers smart hybrid options for Ciaz and Ertiga

Maruti Suzuki India sales jump 27.1% to 1,44,396 units in January

Domestic sales stood at 1,33,934 units, up 25.9 per cent from 1,06,383 in January last year

Maruti Suzuki Q3 net profit zooms 47.46% at Rs 1,744.5 cr

Unit volume sales during the period stood at 3,87,251 units, up 3.5%, over same period a year ago

MSI to get 10K Balenos from Suzuki's Gujarat plant this fiscal

The Hansalpur-based facility in Gujarat is the Suzuki Motor Corp's first wholly-owned unit in India

Maruti plans to export Baleno to over 100 mkts globally

Baleno is the first product from the MSI portfolio to be exported to Japan

Maruti Suzuki hits new high on strong September sales

The stock hit a new high of Rs 5,720, up 4% on NSE after the company reported a strong 31% YoY growth in its passenger vehicle sales in September at 149,143 units.

Maruti Suzuki India to consider stock split

Country's largest carmaker set to ease supply constraints, says chairman R C Bhargava at the 35th AGM

Maruti Suzuki sales rise 12.2% in August

Sales of mini segment cars, including, Alto and WagonR, however, declined by 5.8 per cent

Entry segment remains our core biz: Kenichi Ayukawa

Interview with Managing Director, Maruti Suzuki

Gujarat plant to ease pending demand for Baleno, Brezza

With wait period for the Baleno and Vitara Brezza running into 6-8 months and 8-9 months, respectively, Maruti is working to ramp up production for these models

Maruti Suzuki in top gear; stock hits Rs 5,000 mark

In past one-week, the stock outperformed the market by gaining 10% as compared to 0.36% rise in Sensex.

Maruti to ramp up Baleno production, cut waiting period

Company said that its Japanese parent Suzuki Motor Corp is expected to start pilot production at the Gujarat plant

Maruti Suzuki rebounds post Q4 results

The stock moved higher by nearly 4% to Rs 3,862, recovering 5% from intra-day low on the National Stock Exchange.

Maruti Suzuki gains on weak Yen

The stock was up 3.3% at Rs 3,828 on the BSE as compared to 0.04% decline in the S&P BSE Sensex at 01:35 pm.