Page 29 - Maruti Suzuki
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 ...
 "PV sales on upward terrain in July as chip shortage issue improves")
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 India reports 8.28% rise in sales to 175,916 units in July")
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 reports over two-fold rise in Q1 net profit at Rs 1,013 cr")
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
 "Maruti Suzuki logs Q1 profit of Rs 1,013 cr; clocks highest-ever exports")
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.
 "Stocks to watch: Tata Motors, Maruti Suzuki, Asian Paints, L&T, Telecom")
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.
 "Will easing chip shortage perk up auto firms' Q1 commentary?")
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
 "India's non-oil exports to Nepal fell 13% to $943 mn in April-May")
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
 "Maruti takes the road to electrification with strong hybrid Grand Vitara")
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
 "French carmaker Citroen debuts in India's mass car market with C3")
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
 "From RIL to Maruti Suzuki, big mutual fund buys in June see turbulence")
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
 "Auto firms to report muted Q1 earnings on high raw material prices")
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
Car crash test rating not essential: Transport secy Giridhar Aramane
'Compliance with the central motor vehicle rules will suffice,' he clarified
 "Car crash test rating not essential: Transport secy Giridhar Aramane")
Maruti Suzuki looks to deploy strong hybrid tech across model range
Battery electric vehicles, CNG cars and greater focus on ethanol and bio-CNG compliant engines would also be prioritised going ahead
Maruti Suzuki June sales at 122,685 units, down 1.2% due to chip crunch
However, if sales of Baleno and Brezza models to Toyota Kirloskar and of LCV Super Carry are included, the dispatches were up from 130,348 units a year ago to 132,024 units last month
 "Maruti Suzuki June sales at 122,685 units, down 1.2% due to chip crunch")
Brezza to drive Maruti's SUV push; new model to compete with Hyundai Venue
The price starts at Rs 7.99 lakh for the base variant and goes up to Rs 13.96 lakh for the top variant
Maruti looks to regain market share in SUV segment with 4 new models
Cars will be across all price segments in a market where company's rivals have lead