Maruti Suzuki India on Friday said it has acquired around 8 per cent stake in technology-led startup Ravity Software Solutions, which specialises in providing connected mobility insights. The company has invested around Rs 2 crore in the startup for 7.84 per cent stake through Maruti Suzuki Innovation Fund. The auto major invests in startups through the Maruti Suzuki Innovation Fund, an initiative to undertake strategic investments in startups that exhibit high levels of innovation and potential to devise solutions relevant to the company's operations. This is the third investment under the fund with it having invested nearly Rs 2 crore each in Amlgo Labs in March 2024 and Sociograph Solutions in June 2022. "Startups are ideal partners as they bring agility, fresh thinking, and cutting-edge solutions, to support our goal of ensuring customer delight. Our investment in Ravity Software Solutions Private Limited will enable us to elevate customer experience through data-driven insight
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Car market leader Maruti Suzuki India Ltd on Saturday reported a 7 per cent growth in total sales at 2,20,894 units as compared to 2,06,434 units in the same month last year. Total domestic sales, including commercial vehicles, stood at an all-time high of 1,80,675 units as against 1,63,130 units in the same month last year, up 10.75 per cent, the company said in a regulatory filing. Domestic passenger vehicle sales were at 1,76,318 units as against 1,59,591 units in October 2024, up 10.48 per cent, it added. Sales to other OEM (Toyota Kirloskar) were at 8,915 units and exports were at 31,304 units, Maruti Suzuki India said. The company said sales of mini cars comprising Alto and S-Presso models were down at 9,067 units from 10,687 units in the same month last year. On the other hand, sales of compact cars Baleno, Celerio, Dzire, Ignis, Swift, WagonR increased to 76,143 units from 65,948 units in October 2024. Sales of utility vehicles, comprising Brezza, Ertiga, Fronx, Grand Vit
On a sequential basis, Maruti Suzuki's profit dropped 11.7 per cent from ₹3,792.4 crore on the back of increased expenses, the company said in a BSE filing
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Passenger vehicle exports from India rose by 18 per cent year-on-year in the April-September period with Maruti Suzuki leading the segment with shipment of over 2 lakh units, according to the SIAM data. Total passenger vehicle exports in the first half of the current fiscal year rose to 4,45,884 units as compared with 3,76,679 units in the year-ago period, an increase of 18.4 per cent. Passenger car shipments rose to 2,29,281 units in the period under review, an increase of 12 per cent as against 2,05,091 units in the April-September period of 2024-25. Similarly, utility vehicle exports to overseas markets rose 26 per cent year on year to 2,11,373 units in the April-September period of the current fiscal. Van shipments rose 36.5 per cent year on year to 5,230 units in the first half of the current financial year. Maruti Suzuki's exports rose to 2,05,763 units in the period under review, an increase of 40 per cent as compared with 1,47,063 units in the same period a year ago Hyund
Maruti Suzuki India Ltd on Thursday said its compact SUV Jimny 5-door has crossed cumulative exports of 1 lakh units from India. Export of the Jimny 5-door had started in 2023, shortly after its India debut, to more than 100 countries, including Japan, Mexico and Australia, the company said in a statement. In Japan, where it is exported as 'Jimny Nomade', since January 2025, the model crossed 50,000 orders within days of introduction, it added. The company said its overall export volumes have been growing year-on-year, crossing 3.32 lakh units in 2024-25 as compared to 2.83 lakh units in 2023-24. "The Jimny has over half a century of heritage, globally. Jimny 5-door crossing the 1 lakh export mark is a proud achievement for Maruti Suzuki," company Managing Director & CEO Hisashi Takeuchi said. He further said the Jimny, along with 16 other models are exported by Maruti Suzuki and the year-on-year rise highlights India's rise as a hub for world-class automobile manufacturing.
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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