Page 31 - Maruti Suzuki India

Maruti S-Cross surpasses 100,000 sales milestone, clocks 16% market share

Maruti Suzuki India (MSI) Tuesday said its premier crossover model S-Cross has achieved 1 lakh cumulative sales milestone. "S-Cross has clocked over 16 per cent market share in its segment and has helped us delight customers looking for a premium offering from Maruti Suzuki," R S Kalsi, senior executive director, Marketing & Sales, MSI said in a statement. The company retails S-Cross from more than 329 NEXA sales outlets across the country covering over 186 cities.

Maruti dominates passenger vehicle sales in Aug, 6 models in top ten list

The company's entry-level car Alto topped the list, selling 22,237 units in August

Your new Maruti Swift, Dzire may be recalled over faulty airbag controllers

Owners of the cars being recalled will be contacted by Maruti Suzuki dealers for inspection and replacement of the faulty part free of cost

Maruti Suzuki plans expansion in Gujarat by 2020, to add 750,000 units

This will take Maruti Suzuki India's total production capacity to over 2.25 million units each year

Maruti Suzuki falls 5% from day's high post Q4 results

The stock dipped 2.5% to Rs 8,721, falling 5% from its intra-day high of Rs 9,142 on the BSE.

Maruti plans separate sales channel to focus on cab aggregator market

Maruti Suzuki India is expected to formally launch the sales channel later this financial year

Maruti Suzuki India January total sales rise 4.8% to 151,351 units

Domestic sales increase 5% to 140,600 units as compared to 133,934 units in January 2017

Maruti Suzuki India launches revamped Celerio at Rs 4.15 lakh

The new Celerio is the company's seventh model to meet new car safety norms

Maruti Suzuki opens booking for new S-Cross, launch later this week

S-Cross would feature 1.3-litre diesel engine with smart hybrid technology

Auto sector is policy-sensitive, needs stability: Maruti Suzuki CEO

Working with govt in thinking of policies that can make our cars safer, cleaner & beneficial: Maruti

Maruti Suzuki hits new high on strong July sales data

The stock hit new high of Rs 7,920, up 3% on BSE in intra-day trade

Maruti Suzuki launches first Nexa service centre, eyes 300 outlets by 2020

Plush workshops with premium lounges & digital technology to enhance customer service & transparency

Seven Maruti models in top 10 best selling passenger vehicle in May

Alto retained the top position in May with 23,618 units, as against 19,874 units in May last year

Maruti Suzuki surpasses Infosys, ONGC in market-cap

Maruti Suzuki with Rs 2.23 lakh crore market-cap is currently stands ahead of ONGC and Infosys

Maruti Suzuki to focus on new technology to cut emission, enhance mileage

Auto major claims to have cut CO2 emission by nearly 19% over a decade since 2007-08

Maruti earmarks Rs 4,500 cr capex for FY18

The country's largest carmaker Maruti Suzuki India (MSI) has earmarked Rs 4,500 crore capex for the current financial year. "Capex for this year (2017-18) is Rs 4,500 crore," MSI Chairman RC Bhargava told reporters here. The amount would be spent on various activities including replacement of machinery, R&D and marketing initiatives, he added. On R&D alone, the company plans to invest in the range of Rs 700-1,000 crore, Bhargava said. Some portion of the capital expenditure or capex could also go towards acquisition of land for expansion of sales and service network, he added. "This (capex) includes a certain provision for land but this can change depending on the progress made. There will be no monetary restrictions on implementing the programme for building the sales and service network," Bhargava said. MSI had earmarked Rs 3,500 crore capex for last fiscal ended March 31.

7 models of Maruti Suzuki feature among top 10 selling PVs in 2016-17

According to data released by SIAM, Maruti Suzuki India had only 6 models in top 10 list in 2015-16

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