Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra (M&M), and JSW MG Motor all announced price hikes this year to offset rising input costs
15 Sensex stocks and 9 Nifty stocks outperformed the benchmark indices, so far in 2025, as they surged up to 23 per cent
Stock market today: Glenmark Pharma is recalling close to 15 lakh bottles of a generic medication used in treating attention deficit hyperactivity disorder in the US market, as reported by the US FDA
Maruti Suzuki India on Saturday reported a marginal year-on-year increase in total sales at 1,99,400 units in February. The company sold a total of 1,97,471 units in the same month last year, Maruti Suzuki India (MSI) said in a statement. Total domestic passenger vehicle sales were at 1,60,791 units last month as compared with 1,60,271 units in the year-ago month, a marginal year-on-year growth, it added. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,226 units as against 14,782 units in same month last year. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, rose to 72,942 units as compared to 71,627 units in the year-ago month. Utility vehicles, consisting of Grand Vitara Brezza, Ertiga, XL6, Jimny clocked sales of 65,033 units last month as compared to 61,234 units earlier. Sales of van Eeco were at 11,493 units last month as against 12,147 units in February 2024, while that of light commercial vehicle Super Carry stood
The company's previous three facilities are located in Gurgaon and Manesar in Haryana and Hansalpur in Gujarat, with a combined annual production capacity of 2.35 million units
SMC aims for 4 million units of annual manufacturing capacity to meet in India and expand as a global export hub
The Maruti Suzuki's e-Vitara electric vehicle (EV) is expected to fuel long-term growth, especially with strong export potential, analysts said.
Maruti Suzuki's standalone profit rose 12.6 per cent year-on-year (Y-o-Y) to Rs 3.525 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 3,130 crore in Q3FY24
On the bourses, at 12:45 PM, Maruti Suzuki share was trading 0.21 per cent lower at Rs 11,965.15 per share. In comparison, BSE Sensex was trading 1.01 per cent higher at 76,128 levels
Car market leader Maruti Suzuki India on Thursday said it will hike prices by up to Rs 32,500 across various models from February 1 to partially offset the rise in input costs. Due to rising input costs and operational expenses, the company plans to increase car prices, starting February 1, 2025, Maruti Suzuki India said in a regulatory filing. "While the company is committed to optimising costs and reducing the impact on the customers, we are constrained to pass on some of the increased expenses to the market," it added. Under the revised prices, the company's compact car Celerio will see an increase in ex-showroom prices by up to Rs 32,500, while that of premium model lnvicto by up to Rs 30,000. The company's popular model Wagon-R price will go by up to Rs 15,000 while that of Swift by Rs 5,000. SUVs Brezza and Grand Vitara will see price hikes by up to Rs 20,000 and Rs 25,000, respectively. Entry-level small cars Alto K10 prices will rise by up to Rs 19,500 and that of S-Presso
The initial demand for electric scooters was given a fillip by the subsidy under the central government's FAME scheme
The company is currently focused on strengthening its position in the SUV segment as part of its goal to achieve a 50 per cent market share in the Indian automobile market
Stock rides high on December's strong volumes and positive market sentiment
Hero Moto, Tata Motors and Bharat Forge are the worst hit as shares trade at over 20% discount against the long-term moving average. Maruti, Bosch, Bajaj Auto stock could dip another 11%.
Eicher Motors said it has launched some category-defining motorcycles through the year and it is encouraging to see the response to its recently launched motorcycles both in India and int'l markets.
Technical charts show the Nifty Auto index can potentially rally another 10% to 26,180 levels; while select stocks such as M&M, Tata Motors and Ashok Leyland can surge up to 15%.
Maruti Suzuki India Ltd on Wednesday reported 30 per cent rise in total wholesales at 1,78,248 units in December 2024 as compared to 1,37,551 units in the same month a year ago. Overall domestic sales, including that of light commercial vehicles and supplies to Toyota Kirloskar Motor, were at 1,32,523 units last month as against 1,06,492 units in December 2023, up 24.44 per cent, Maruti Suzuki India (MSI) said in a regulatory filing. Total domestic passenger vehicle (PV) sales were at 1,30,117 units in December 2024 as compared to 1,04,778 units in the same month a year ago, up 24.18 per cent, it added. Sales of mini cars comprising Alto and S-Presso were higher at 7,418 units last month as compared to 2,557 units in the year-ago period. Similarly, sales of compact cars such as Baleno, Celerio, Dzire, Ignis, Swift and WagonR were up at 54,906 units as against 45,741 units in December 2023. Utility vehicles, including Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, and XL6 clo
Nuvama analysts said December is expected to bring encouraging results for the industry. PVs are predicted to achieve double-digit growth, propelled by strong performances from M&M, Maruti & Toyota
Ertiga was the two millionth vehicle to be rolled out from the production line while the Baleno, Fronx, WagonR, Ertiga and Brezza were the top five manufactured vehicles during the calendar year 2024
Fronx, Ertiga, WagonR and Brezza were the top five manufactured vehicles during the calendar year 2024