Page 3 - Maruti Suzuki

Auto upcycle is here, says Morgan Stanley; Upgrades Maruti, Eicher, Hero

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 to Tata Motors: Auto companies start passing on GST cut to buyers

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

GST cut will reduce prices of Alto, Wagon R: Maruti chief R C Bhargava

Small car market likely to grow by over 10% this year, says R C Bhargava

Small cars remain base, but SUVs can't be ignored: Maruti MD Takeuchi

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 expands SUV lineup with new mid-sized model 'Victoris'

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 sales decline marginally to 180,683 units in August

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

Here's why Popular Vehicles share price is buzzing in trade today; details

Popular Vehicles shares gained after the company announced that it has received in-principle approval from Maruti Suzuki India Ltd (MSIL) to acquire an authorised dealership in Telangana.

India must not give in to any 'bullying': MSIL's RC Bhargava on tariffs

On the domestic front, he said reducing GST on small cars could help counter the economic strain created by American tariffs

Absence of local cell manufacturing biggest hurdle for EVs: RC Bhargava

MSIL Chairman R C Bhargava said India's EV growth is limited by the lack of cell manufacturing, high costs, and raw material dependence, as no company currently makes battery cells

When Swraj Paul met Maruti's R C Bhargava, setting stage for India foray

Bhargava said he (Paul) and his team decided to bring themselves as a JV partner and Caparo Maruti was born in 1994

Maruti Suzuki India bets on SUVs to offset small car sales slowdown

Indian unit of Japan's Suzuki Motor Corp plans to launch a new SUV on Sept 3 and hopes it will double its sales in the segment

Public charging infra development vital for EV adoption: Maruti Suzuki

The development of public charging infrastructure will play a vital role in faster adoption of electric vehicles as driving range anxiety has emerged as a deterrent to customers to accept an EV as a primary car in a household, according to a senior Maruti Suzuki India executive. The sales of electric passenger vehicles in the domestic market have almost doubled, but the overall base still remains small. "Total contribution of EVs is 4.5 per cent (overall PV sales), it has grown from 2.4 per cent to 4.5 per cent. Absolutely, if you see numberwise, growth is 100 per cent. But is it sustainable?" Maruti Suzuki India Senior Executive Officer (Marketing & Sales) Partho Banerjee said in an interaction. Maruti Suzuki is set to introduce its first electric model - e-VITARA this fiscal. Banerjee stated that the segment is not witnessing adequate growth as customers do not perceive EVs as the primary car in a household. "He (customer) has got many inhibitions that EV cannot be my first car.

July PV dispatches flat amid high inventory, festive season to boost demand

Domestic passenger vehicle dispatches show flat growth in July, but experts remain optimistic that the festive season and monsoon will revive demand

Maruti Suzuki Q1 profit up 0.8% as exports offset weak domestic sales

Carmaker posts Rs 3,792 crore profit in Q1 FY26 as exports to Japan and others rise 37%, softening the impact of a 4.5% domestic sales decline

Maruti Suzuki reports flat profit growth for Q1 FY26 on sluggish demand

The carmaker's revenue from operations rose 7.9 per cent Y-o-Y to ₹38,605.2 crore in Q1 FY26, up from ₹35,779.4 crore in Q1 FY25

Maruti Fronx tops SUV exports in FY25, clocks 100,000 units in 25 months

Fronx drives Maruti Suzuki's record FY25 exports with 69,000 units shipped globally, becoming the fastest SUV to cross 100,000 units in overseas sales

Maruti Suzuki signs MoU with DPIIT to encourage, support startups

Maruti Suzuki India on Wednesday said it has joined hands with the Department for Promotion of Industry and Internal Trade to encourage and support startups to develop technology-driven solutions in automobile manufacturing and mobility space. Startups recognised by Department for Promotion of Industry and Internal Trade (DPIIT) under the 'Startup India' initiative will have the opportunity to participate in Maruti Suzuki's innovation programmes, the auto major said in a statement. Upon selection, startups will benefit from expert mentorship, industry insights, and access to auto maker's extensive network and infrastructure, which serves as a valuable testbed for robust validation of their solutions, it stated. Additionally, startups will get a platform to connect to incubators, accelerators, and investors to showcase their solutions, it added. "Through this partnership with DPIIT, we will be able to further accelerate our efforts to support promising startups to create technology-

Stocks to buy: Maruti Suzuki, HUL are top picks by analyst today; check TP

Stocks to buy: HDFC Securities has recommended Maruti Suzuki and Hindustan Unilever as its two top picks for today

Maruti Suzuki plans 500 new service touchpoints in FY26: MD & CEO

Maruti Suzuki plans to add 500 new service touchpoints in FY26, with 91 already established. The expansion aims to strengthen its post-sales infrastructure across India

CAFE norms battle hots up: M&M counters Maruti Suzuki on relief

Industry divide complicates govt's efforts to finalise new fuel-efficiency norms