Page 27 - Maruti Suzuki

BSE, NSE to remain closed for trading today on account of Muharram

The official website, bseindia.com states that August 9 will be a market holiday, which would mean that there will be no trading in equity segment, equity derivative segment and SLB degment

Maruti Suzuki aims to produce 2 mn units this fiscal: Chairman R C Bhargava

Maruti Suzuki India will increase its production and aims to produce 20 lakh units in the ongoing fiscal with improving availability of semiconductors, according to company Chairman RC Bhargava. In his address to shareholders in the company's annual report for 2021-22, he said the upcoming mid-sized SUV Grand Vitara will play a key role in the challenge to touch 20 lakh units. In 2021-22, total sales of Maruti Suzuki India Ltd (MSIL) increased by 13.4 per cent to 16.52 lakh units. It had lost out on sales in the first quarter of the fiscal due to the pandemic and production being affected by the shortage of semiconductors, mainly for domestic models, Bhargava wrote. "The number of unmet bookings with the company at the end of the year rose to about 2.7 lakhs," he said, adding MSIL's market share declined to 43.4 per cent from nearly 50 per cent as it lost some opportunity in the domestic market. As per Society of Indian Automobile Manufacturers (SIAM) data, domestic passenger vehic

Auto Sales Report July 2022: Toyota breaks their sales record

Auto Sales Report July 2022: Toyota and Maruti Suzuki showed positive growth, while Kia and MG Motors shows a negative trend. Check out the Auto sales report July 2022 insights

Maruti couldn't produce 51K units due to chip crunch in June qtr: CFO

The country's largest carmaker, which sold 467,931 vehicles during the June quarter, noted that the semiconductor shortage is a challenge in planning its production activities

Maruti Suzuki could not produce 51k units due to chip shortage in Q1: CFO

The country's largest carmaker, which sold a total of 4,67,931 vehicles during the June quarter, noted that the semiconductor shortage is a challenge in planning its production activities.

PV sales on upward terrain in July as chip shortage issue improves

Improvement in semiconductor shortage issue helped auto makers, including Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra, report single to high double-digit growth on Monday in their domestic passenger vehicles sales in July. Other manufacturers, Kia India, Toyota Kirloskar Motor (TKM), Honda Cars India, Skoda Auto India, also reported robust growth in their domestic passenger vehicle sales with the auto industry estimated to have achieved the highest-ever passenger vehicle wholesales in July this year. Maruti Suzuki India said its domestic passenger vehicle sales rose 6.82 per cent last month to 1,42,850 units compared to 1,33,732 units in July 2021. "The shortage of electronic components had a minor impact on the production of vehicles, mainly in domestic models," the company said in a statement. The company's sales were driven mainly by compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR, which rose to 84,818 units in July 2022 from ...

Maruti Suzuki India reports 8.28% rise in sales to 175,916 units in July

Maruti Suzuki India Ltd on Monday reported an 8.28 per cent increase in total sales to 175,916 units in July 2022

Maruti Suzuki reports over two-fold rise in Q1 net profit at Rs 1,013 cr

It sold a total of 467,931 vehicles during the quarter, with exports being the highest ever at 69,437 units

Maruti Suzuki logs Q1 profit of Rs 1,013 cr; clocks highest-ever exports

The company's Q1 numbers missed Street estimates as far as net profit is concerned. Analysts had pegged PAT growth between 200 and 300 per cent on year

Stocks to watch: Tata Motors, Maruti Suzuki, Asian Paints, L&T, Telecom

Stocks to watch today: Bajaj Finance, Tata Motors, and Maruti Suzuki will report their June quarter results on Wednesday, July 27; United Spirits reported five-fold jump in net profit in Q1FY23.

Will easing chip shortage perk up auto firms' Q1 commentary?

Amid lukewarm Q1 result of Bajaj Auto, we drive into the world of autos, interpret Bajaj Auto's performance and ask analysts what they expect from Maruti Suzuki and Tata Motors results today.

Maruti Suzuki Q1 preview: PAT may soar up to 300% YoY on low base

Analysts would look out for guidance on industry demand outlook, both rural and urban, and if there is any visible impact of the current inflationary pressure

India's non-oil exports to Nepal fell 13% to $943 mn in April-May

Himalayan neighbour bans imports of non-essentials amid depleting forex; dip could impact India's FY23 trade deficit which is already worsening on fears of recession in developed countries

Top carmaker Maruti Suzuki hopes govt will support green tech beyond EVs

India's taxes on hybrid cars range as high as 43%, compared to the low rate of 5% for EVs, which also stand to benefit from billions of dollars in incentives to companies that build them domestically

Maruti takes the road to electrification with strong hybrid Grand Vitara

Grand Vitara will go on sale in September with prices expected to start at Rs 9.5 lakh

French carmaker Citroen debuts in India's mass car market with C3

Priced around Rs 5.7-8.05 lakh, the mini SUV will vie with the Punch, Magnite and Ignis

From RIL to Maruti Suzuki, big mutual fund buys in June see turbulence

On July 1, shares of RIL crashed over 7 per cent, following the government imposing windfall taxes on domestic crude oil production and fuel exports

Auto firms to report muted Q1 earnings on high raw material prices

Analysts expect companies to fare better in the September quarter (Q2 FY23) as moderation in prices of raw materials starts having an impact

Maruti Suzuki not to have pure petrol cars in a decade, says official

Maruti Suzuki is also focusing on growing its sport utility vehicle portfolio and the market share in that segment

Maruti Suzuki to phase out pure petrol-powered cars in 10 years: Report

Automaker Maruti Suzuki India Ltd will phase out vehicles that run completely on petrol in seven to ten years, the Economic Times newspaper reported on Monday, citing a senior executive