'Seeing a lot of people with helmets visiting our showrooms'
LG Electronics India's valuation now tops its South Korean parent's, signalling India's growing clout as a global listing and investment destination
Tata Motors and Maruti Suzuki saw a year-on-year increase in their retail sales market share last month, according to the latest passenger vehicle registration data for September. Hyundai Motor India and Toyota Kirloskar Motor on the other hand saw a year-on-year dip in their respective market share last month. Tata Motors saw its market share improve to 13.75 per cent last month as compared to the same period last year when it sold 32,586 units accounting for 11.52 per cent market share in the domestic passenger vehicle segment. As per the data, Maruti Suzuki India retailed a total of 1,23,242 units in September grabbing a market share of 41.17 per cent. It had retailed 1,15,530 units in September 2024 with a market share of 40.83 per cent. Overall, passenger vehicle retail sales last month stood at 2,99,369 units, registering an increase of 6 per cent as against 2,82,945 units in September last year. Mahindra & Mahindra retailed 37,659 passenger vehicles last month recording a
Maruti Suzuki India is on track to export over 4 lakh vehicles this fiscal year, having already shipped more than two lakh units in the April-September period, according to a senior company executive. The country's largest carmaker has reported a 52 per cent year-on-year growth in exports to 42,204 units in September, compared to 27,728 units in the same month of the previous year. "In Q1, we exported about 1.10 lakh units, and in the first half (April-September), we have done over 2.07 lakh units. So, we are on track to achieve the 4 lakh unit forecast that we have given," Maruti Suzuki India Senior Executive Officer (Corporate Affairs) Rahul Bharti stated. He noted that the company's exports are more than double those of the nearest domestic competitor. "Normally, we talk about cutthroat competition. There are 18 players in the market...the exports of Maruti Suzuki are more than double our nearest exporter in the country," Bharti said. So, just like in the domestic sales, the ..
Maruti Suzuki India's production rose 26 per cent year-on-year in September as the company increased vehicle dispatches to cater to the market demand, as per a regulatory filing. The country's largest carmaker rolled out 2,01,915 units from its production sites across the country last month, compared with 1,59,743 units in September 2024. The company produced 12,318 units of Alto and S-Presso last month, marginally up compared to 12,155 units in the year-ago period. Production of compact models like Baleno, Celerio, Dzire and Swift increased to 93,301 units in September against 68,413 units in the same month last year. There was no production of Ciaz last month, while the automaker had rolled out 1,687 units of the mid-sized sedan in September last year. Manufacturing of utility vehicles, such as Brezza, Ertiga, and Fronx, witnessed a 27 per cent year-on-year rise to 79,496 units. The company had produced 62,752 units in the year-ago period. Eeco production climbed to 13,201 unit
In an X post, the company shared that the first rail shipment reached the new Anantnag terminal, marking a new chapter in green logistics
Stocks to Watch today, October 3, 2025: From Hero MotoCorp, Maruti to Sammaan Capital, here is a list of stocks that will be in focus
Maruti Suzuki India, the largest unit of Japan's Suzuki Motor, has surpassed global heavyweights like Ford Motor, General Motors, and Volkswagen AG. It has even surpassed its Japanese parent company
Industry estimates impact for every dealer at ₹3-5 crore
Maruti Suzuki got 80,000 enquiries and delivered over 25,000 cars
In the past five years, Maruti Suzuki shares have surged 127.1 per cent, underperforming the Nifty Auto index, which jumped 234.84 per cent, but slightly outpacing the Nifty50's 120.97 per cent gain.
Maruti Suzuki aims to capture leadership in the mid-size SUV segment with the Victoris, launched in hybrid and CNG variants to tap young customers
The next many decades belong to India as the global economic powerhouse, and it will be essential to continue demonstrating policy stability, as the country aspires to be the world's manufacturing hub, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Friday. Amid a turbulent global geopolitical and economic period, lies an extraordinary opportunity for India to position itself as a trusted, resilient, and sustainable manufacturing hub, he said while speaking at the annual convention of the Automotive Component Manufacturers Association of India (ACMA). "When we look back at history, every few decades a new nation rises as an economic powerhouse," he said, citing examples of how the US, Europe, Japan and Asian Tigers (Hong Kong, Singapore, South Korea, and Taiwan) have had their moments spanning from the early to the late 20th century. "The last three decades have belonged to China, as it became the factory of the world. And now, the next many decades belong to India," Takeuch
Maruti Suzuki India will commence production of flex fuel vehicles this fiscal, according to its parent Suzuki Motor Corporation. In a technology strategy announcement, Suzuki Motor Corporation said the development is underway to launch flex fuel vehicles (FFV) within this fiscal year. Suzuki said one of its unique initiatives toward realising a carbon-neutral society in India is through the biogas business, according to a regulatory filing by Maruti Suzuki India. This project aims to convert the manure from India's 300 million cattle into biogas, 'a carbon-neutral fuel' and organic fertiliser, the automaker said. The biogas will be used directly in CNG vehicles, which already account for one out of every three vehicles sold by Maruti Suzuki, it added. Suzuki, together with India's dairy cooperatives, is constructing biogas production plants, which will begin operations sequentially from 2025, it said. Purchasing cow dung will not only help improve the incomes of rural communitie
Among companies, Maruti Suzuki is expected to gain market share with new SUV launches and a revival in first-time buyers, prompting the brokerage to raise its target from ₹14,262 to ₹18,360.
Maruti's Alto could see a price drop by ₹40,000-50,000, while the entry-level Wagon R may see reductions between ₹60,000 and ₹67,000
Small car market likely to grow by over 10% this year, says R C Bhargava
Suzuki is transferring more export production from Japan to India, as the role of the latter continues to increase in the company's global strategy
Maruti Suzuki India on Wednesday expanded its product range in the country with the launch of an all-new model 'Victoris' as it looks to enhance its presence in the robustly growing mid-sized SUV segment. The country's largest carmaker currently sells SUV models like Fronx, Brezza, Jimny and Grand Vitara in the domestic market. Speaking at the Victoris launch event here, Maruti Suzuki India MD and CEO Hisaschi Takeuchi said India has the largest youth population in the world, who will drive growth and become the company's current and future customers. "The Indian automobile industry is changing as a new set of customers is entering the market. They are the young generation and represent the new India. So, we thought, why not create a product that raises the bar in the SUV segment," he said. Takeuchi noted that the contribution of SUVs continues to go up in the company's overall sales. "Our SUV contribution to total sales has grown nearly threefold, rising from 8.9 per cent in FY 2
Maruti Suzuki India on Monday reported a marginal dip in total sales to 1,80,683 units in August. The auto major sold a total of 1,81,782 units in the same month of the last year. Its total domestic passenger vehicle dispatches to dealers declined 8 per cent to 1,31,278 units from 1,43,075 units in the year-ago month, Maruti Suzuki India (MSI) said in a statement. The sale of mini segment cars, comprising Alto and S-Presso, declined to 6,853 units against 10,648 units in August 2024. Sales of compact cars, including Baleno, Dzire, Ignis and Swift, increased to 59,597 units from 58,051 units a year ago. Utility vehicles, consisting of Grand Vitara, Brezza, Ertiga and XL6, clocked sales of 54,043 units last month compared to 62,684 units in the year-ago period, a decline of 14 per cent. Sales of van Eeco were 10,785 units last month against 10,985 units in the year-ago month, while those of light commercial vehicle Super Carry stood at 2,772 units against 2,495 units a year earlier