Page 20 - Maruti Suzuki

Maruti Suzuki India's sales jump 6.5% in April, exports drop by 8%

The total domestic sales were up from 132,248 units in April last year to 143,558 units this year

Maruti Suzuki can put pedal to rerating metal on volume, market gains

There could be margin pressures in the near term, given commodity costs

Maruti Suzuki remains vulnerable to supply side bottlenecks: Official

Maruti Suzuki India remains "vulnerable to supply side bottlenecks" this fiscal even as it looks to source electronic components through multiple sources, according to a senior company official. The country's largest carmaker, which could not produce around 1.7 lakh units last fiscal due to semiconductor shortage, is also coming up with measures to reduce the usage of certain kinds of chips in its cars. "The problem (chip shortage) is a global one..it could affect different models, different companies, different modules differently..all our efforts are to organise supplies through multiple sources," Maruti Suzuki India (MSI) Executive Officer (Corporate Affairs) Rahul Bharti said in an analyst call. He noted that the company is working to do away with certain chips in some models/trims where the requirement is superfluous. "If there is a particular semiconductor in a particular variant of a model which is superfluous and not required..so we are removing all such needs so that our .

Indian car market to see new variants, facelifts, all-new vehicles soon

Arguably, the most-awaited, Maruti is expected to launch its all-new, five-door Jimny in May

Nifty ends April F&O series above 17900; Bajaj twins, Bharti Airtel support

CLOSING BELL: The S&P BSE Sensex, meanwhile, rallied 349 points to settle at 60,649

Maruti Suzuki to boost capacity to keep up with passenger vehicle demand

Indians bought a record 4 million passenger vehicles in fiscal year 2022-23, led by demand for sports utility vehicles

Sensex rises 170 pts, Nifty tops 17,800; GSFC leaps 20%, MCX crashes 6%

CLOSING BELL: There were 21 gainers of the 30-pack index, and 33 on the 50-pack index, led by Power Grid, Nestle India, Tata Consumer Products, IndusInd Bank, L&T, HCL Tech, Tata Motors, SBI Life, HUL

Maruti Suzuki Q4 net profit up 42.6%; firm declares dividend of Rs 90/share

The automaker also declared a dividend of Rs 90 per share

Maruti upgrades entire model range to conform to stricter emission norms

Maruti Suzuki India on Tuesday said it has upgraded its entire range of vehicles to meet the stricter emission norms under the BSVI regime. All company hatchbacks, sedans, MPVs, SUVs and commercial vehicles are now compliant with the new BSVI Phase-II real driving emissions (RDE) regulations, alongside being compatible with E20 fuel as well, the auto major said in a statement. The new RDE compliant Maruti Suzuki cars feature an enhanced on-board diagnostics (OBD) system to monitor emission control systems of the car in real-time and will notify drivers in case of any malfunction, it added. The products now also come equipped with an electronic stability control (ESC) system, MSI said. "At Maruti Suzuki, we are always finding new and innovative ways to reduce emissions from our vehicles..The Government's drive to incorporate the new BS6 Phase II norms will go a long way in controlling emissions from vehicles over their entire lifespan," Maruti Suzuki India Chief Technical Officer C

Maruti Suzuki Q4 preview: Price hikes to lift revenue, margin, say analysts

According to brokerages, Ebitda (earnings before interest, tax, depreciation, and amortisation), is expected to outpace top-line growth, rising up to 22.4 per cent QoQ to Rs 3,466 crore in Q4FY23

Maruti Suzuki launches new compact SUV Fronx at Rs 7.46 lakh in India

Maruti Suzuki India on Monday launched its new compact SUV Fronx in the country priced between Rs 7.46 lakh and Rs 13.13 lakh (ex-showroom Delhi). The model comes with 1.2-litre petrol and 1-litre turbo boosterjet engine options. The 1.2 litre trims, which come mated with manual and automated gear shift (AGS) transmissions, are priced between Rs 7.46 lakh and Rs 9.27 lakh. The manual and automatic variants powered by 1 litre turbo boosterjet engine are tagged between Rs 9.72 lakh and Rs 13.13 lakh (all prices ex-showroom Delhi). MSI had globally unveiled the Fronx at the Auto Expo earlier this year. In a statement, Maruti Suzuki India Managing Director & CEO Hisashi Takeuchi said the automaker takes pride in being at the forefront of understanding the diverse needs of customers and industry trends. "Our success with the Brezza, which created a new compact SUV landscape in the country, is a testament to this commitment. With the rapid shift in customer preferences towards SUVs, we

Is Apple's focus on India as momentous as Suzuki's entry 40 yrs ago?

The full measure of Apple's success in India will depend on its becoming more than a phone company. Still, this promising start is sufficient for the moment, writes T N Ninan

Maruti, Hyundai witness drop in retail sale market share in FY23: FADA

Passenger vehicle leaders Maruti Suzuki India and Hyundai Motor saw their market share dip in FY23 as compared with FY22 as they struggled with shortage of electronic components, according to automobile dealers' body FADA. Tata Motors, Mahindra & Mahindra and Kia India on the other hand witnessed an increase in their market share based on the retail sales last fiscal. As per the Federation of Automobile Dealers Associations (FADA), the retail sales of country's largest carmaker Maruti Suzuki India rose to 14,79,221 units in 2022-23 fiscal, attaining a market share of 40.86 per cent. It had retailed 12,39,688 units in 2021-22 and grabbed a market share of 42.13 per cent. Earlier, the auto major had stated that it faced shortage of electronic components last fiscal with an order backlog of around 3.8 lakh units. Similarly, Hyundai Motor India saw an increase in retail sales at 5,25,088 units last fiscal, however its market share dropped to 14.51 per cent. It had sold 4,79,027 units

PV exports from India rise 15% in FY23; Maruti Suzuki leads segment

Passenger vehicle exports from India rose 15 per cent in FY23 with Maruti Suzuki India leading the segment with dispatches of over 2.5 lakh units, as per the latest data by industry body SIAM. The total passenger vehicle (PV) exports stood at 6,62,891 units in the 2022-23 fiscal as compared to 5,77,875 units in 2021-22. Passenger car shipments saw a 10 per cent growth at 4,13,787 units, while utility vehicle exports rose 23 per cent at 2,47,493 units during the last fiscal, the data by the Society of Indian Automobile Manufacturers (SIAM) showed. Exports of vans, however, declined to 1,611 units last fiscal, from 1,853 units in the 2021-22 fiscal year. Maruti Suzuki India (MSI) led the exports last fiscal in the passenger vehicle segment. It was followed by Hyundai Motor India and Kia India. MSI, the country's largest carmaker, exported 2,55,439 PVs last fiscal, an 8 per cent increase as compared to 2,35,670 units in the 2020-21 fiscal year. The carmaker exports to various market

Maruti launches upgraded Super Carry to boost presence in LCV segment

M&M, Tata Motors dominate LCV segment with about 80% market share between them

Planning to buy Fronx? Maruti Suzuki to launch in India next week

Maruti Suzuki Fronx is expected to sell for Rs 8 lakh and to around Rs 14 lakh (ex-showroom)

Maruti Suzuki WagonR, Alto K10 get low rating in Global NCAP crash test

Vehicle safety group Global NCAP on Tuesday said it has given one- and two-star safety ratings for adult occupant protection to Maruti Suzuki India's popular models WagonR and AltoK 10, respectively after conducting crash tests. Both the models scored zero stars for child occupant protection as per the Global NCAP's latest round of crash tests. The company, however, said its vehicles meet India's crash safety regulations which are almost similar to the standards in Europe. Global NCAP rates vehicles from zero to five based on their safety features and automobiles with a higher rating are considered safer for occupants. According to its latest test, Global NCAP stated that the Alto K10 showed a stable structure and marginal to good protection for adult chest to head in the frontal impact but showed weak protection to the chest in the side impact. The WagonR also offered weak chest protection for the driver despite the improvements in the restraint systems by Maruti Suzuki since the

Shortage of electronic parts may affect production in FY24: Maruti Suzuki

Firm has already posted a 5.6 per cent dip in March even as it says it took all possible measures to minimise the impact

Maruti Suzuki, Hyundai, Tata Motors report best-ever wholesales in FY23

Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in best-ever performance to date. The country's largest carmaker Maruti Suzuki India reported its highest wholesales to date at 19,66,164 units, up 19 per cent from 16,52,653 units in 2021-22. Its domestic dispatches rose to 17,06,831 units in 2022-23, up 21 per cent from 14,14,277 units in 2021-22 fiscal. Hyundai Motor India said its overall wholesales last fiscal were the highest ever since commencing operations in the country. The automaker dispatched 7,20,565 units to dealers last fiscal, up 18 per cent from 6,10,760 units in 2021-22. Its domestic dispatches rose to 5,67,546 units last fiscal, up 18 per cent from 4,81,500 units in the 2021-22 financial year. The country's second-largest carmaker said it was its best performance to date in terms of sales volume in the domestic market in a financial year. Tata Motors also

Domestic passenger vehicle sales jump by 26.71% in FY23 to 3.889 million

Highest ever passenger vehicle sales in a financial year