Page 22 - Maruti Suzuki

Maruti Suzuki begins probe into alleged purchasing dept wrongdoings

Investigation follows whistleblower complaint that executives took money from suppliers

Maruti Suzuki probing allegations of malpractices by executives: Report

The company has taken possession of the laptops and phones of the executives under the lens

Maruti Suzuki to recall 11,177 Grand Vitara SUVs to fix seat belt defect

The company, which is majority owned by Japan's Suzuki Motor Corp, will report its results for the quarter ending Dec. 31 on Tuesday

Maruti Suzuki Q3 preview: Profit may decline up to 8% QoQ on lower volumes

Maruti Suzuki Q3: Net profit may come in the range of Rs 1,794.4 crore to Rs 1,940 crore, as per brokerages' estimates

Auto Expo 2023 witnesses turnout of 636k visitors after a 3-yr hiatus: SIAM

Auto Expo 2023 was led by the automakers such as Maruti Suzuki, Hyundai, Tata Motors, Kia India, Toyota Kirloskar, and MG Motor India

Maruti Suzuki recalls 17,362 units to fix faulty airbag controller

The affected models are Alto K10, S-Presso, Eeco, Brezza, Baleno and Grand Vitara, manufactured between December 8, 2022 and January 12, 2023

Maruti Suzuki's car transportation through rail doubles in five years

Automaker's rail share of logistics rises to 17 per cent

Maruti increases transport of cars via railways, to set up dedicated tracks

The company last year transported over 3.2 lakh vehicles using rail wagons, the highest in a calendar year since 2013 when the company got the Automobile Freight Train Operator (AFTO) license

Auto firms have foot on price pedal, even as commodity costs tail off

Between March 31 last year and January 13 this year, the prices of raw materials such as Aluminium, Copper and Tin have decreased at the London Metal Exchange

Maruti Suzuki transported record 320,000 units via railways in 2022

Maruti Suzuki India said it transported over 320,000 vehicles using Indian railways last year, its highest ever dispatch in a calendar year

Maruti Suzuki hikes vehicle prices by 1.1% across models, 2nd rise in FY23

In December last year, the company had said it would hike prices of its vehicles to offset the impact of rising input costs

We underestimated speed of SUV growth: Maruti Suzuki MD & CEO Takeuchi

Maruti was planning to launch its first electric vehicle (EV) by 2025 and that would not be "too late", he said

Maruti Suzuki launches 5-door, 4-wheel drive Jimny at Auto Expo 2023

The company aims to regain 50 per cent market share in the domestic passenger vehicle segment by bolstering its presence in the sports utility vehicle (SUV) space

No near-term boost likely for auto stocks from Expo 2023, say analysts

Analysts, however, believe investors may adopt 'buy on dips' strategy for the pack as overall sales growth is expected to remain steady going forward

EV alone can't achieve India's net-zero aim: Suzuki president Toshihiro

Must consider alternatives like flex fuel and hybrid, says president of Japanese auto giant

Maruti Suzuki unveils concept electric SUV 'eVX' at Auto Expo 2023

Maruti Suzuki also displayed its range of 'sustainable' cars like the WagonR Flex Fuel prototype, Brezza S-CNG and Grand Vitara Intelligent Electric Hybrid at the Expo

Maruti Suzuki's production falls 18% to 124,722 units in December

Maruti Suzuki India's production in December 2022 was lower by 17.96 per cent at 1,24,722 units, according to a regulatory filing by the company. The company had a total production of 1,52,029 units in the same month a year ago. Production in mini cars and compact segment, comprising models such as Alto, S-Presso, Baleno, Celerio, Dzire, Ignis, Swift and WagonR, was lower at 83,753 units last month as compared to 1,06,090 units in December 2021. Production of utility vehicles, including Brezza, Ertiga, Jimny, S-Cross and XL6, was also lower at 27,303 units as compared to 31,794 units in the year-ago month, the filing added. Light commercial vehicle Super Carry's production stood at 587 units as against 3,262 units in December 2021. In an interaction on Sunday, Maruti Suzuki India Senior Executive Officer, Marketing & Sales Shashank Srivastava had said the company wanted to keep its stock at a very low level starting January. "We had to control the production because we wanted to

Sensex gains 327 pts in first session of 2023, Nifty nears 18200; RIL up 1%

Closing Bell: Among sectors, the Nifty metal index was the top performer of the day, which jumped 2.4 per cent after global brokerage Jefferies changed its stance on the sector to 'positive'

Stocks to Watch: TCS, Tata Motors, Maruti, Coal India, JSW Group, RITES

Stocks to watch today: Tata Motors reported 10 per cent YoY increase in domestic December sales at 72,997 units as against 66,307 units sold last year

Maruti Suzuki India posts 9% drop in wholesales at 1,39,347 units in Dec

Maruti Suzuki India Ltd on Sunday reported a 9 per cent decline in total wholesales at 1,39,347 units in December 2022 compared to the year-ago month. The company had clocked a total sales of 1,53,149 units in the same month in 2021, Maruti Suzuki India (MSIL) said in a statement. Total domestic wholesales were at 1,13,535 units last month as against 1,26,031 units in December 2021, down 9.91 per cent, it added. Sales of mini cars comprising Alto and S-Presso were lower at 9,765 units as compared to 16,320 units in the year-ago month. Similarly, sales of compact cars consisting of models such as Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR were lower at 57,502 units as against 69,345 units in December 2021, it said. On the other hand, utility vehicles such as Brezza, Ertiga, S-Cross, XL6 and Grand Vitara clocked higher sales last month at 33,008 units as against 26,982 units in the year-ago period. "The shortage of electronic components had some impact on the productio