Page 32 - Maruti Suzuki

Maruti Suzuki consolidated Q4 net up 58% to Rs 1,839 cr despite sales dip

Consolidated total revenue from operations up 11.29% at Rs 26,749.20 crore; Board declares final dividend of Rs 60 a share

Sensex gyrates 1,073 pts, ends 460 pts down; Axis Bk dips 6.5%, Maruti 2.5%

CLOSING BELL: Coal India, Adani Ports, Power Grid, Maruti Suzuki, Bajaj Auto, ONGC, Wipro, and Britannia Industries were the other laggards, down between 2.5 per cent and 4 per cent

Maruti Suzuki joins hands with Indian Bank for car loans

Maruti Suzuki India (MSI) on Wednesday said it has joined hands with Indian Bank to facilitate easy finance for customers. As part of the partnership, the company's customers can avail the loan benefits in over 5,700 plus branches of Indian Bank at metro, urban, semi-urban and rural locations. Maruti Suzuki customers, under this exclusive scheme, can avail loans up to 90 per cent of the on-road price of the car besides getting benefits of zero processing charges, free accidental insurance cover up to Rs 30 lakh, free fastag and repayment tenure up to 84 months on their loans. The scheme is open till June 30 2022. "About 80 per cent of retail sales in the automobile industry happen through financing and to enable our customer's car-buying decisions, Maruti Suzuki has initiated several partnerships with banks & NBFCs across the public and private sectors. It is our firm belief that this partnership with Indian Bank will go a long way to cater to the diverse finance requirements of .

Maruti Suzuki looks to ride SUV wave to drive past 50% market share

Maruti Suzuki India (MSI) will keep consolidating its existing product line-up while bolstering presence in the fast growing SUV segment

Maruti Suzuki hikes vehicle prices by up to 1.9% amid rising input costs

The country's largest carmaker Maruti Suzuki India (MSI) on Monday said it has increased prices of its entire model range, between 0.9 per cent to 1.9 per cent, with immediate effect. The company, which currently sells a range of vehicles from Alto to S-Cross, said it has taken the decision to hike prices due to an increase in input costs. The weighted average price rise, with effect from April 18, in ex-showroom prices (New Delhi) across models is 1.3 per cent, it added. MSI has already hiked vehicle prices by around 8.8 per cent from January 2021 to March 2022, owing to constant increase in input costs. Over the past year, the cost of the company's vehicles continues to be adversely impacted due to increase in various input costs, the auto major had stated in regulatory filing earlier this month. With prices of various essential commodities like steel, copper, aluminium and precious metals going up, automakers have been hiking prices on a regular basis to offset the impact. Las

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Passenger vehicle exports from India rise 43% in FY22; Maruti Suzuki leads

Passenger vehicle exports from India increased 43 per cent in FY22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, as per the latest data by industry body SIAM.

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We will regain 50% market share gradually: Maruti Suzuki CEO

In a Q&A, Hisahi Takeuchi also explains why the company won't be able to launch its first EV in the affordable segment

Multiple EV models planned, will target No 1 position: New Maruti Suzuki MD

Hisashi Takeuchi confirmed that multiple EV models would follow in due course once the company launches its first EV in 2025

Maruti Suzuki drives in new Ertiga tagged at Rs 8.35 lakh

The country's largest carmaker Maruti Suzuki India (MSI) on Friday said it has launched a new version of its multi-purpose vehicle Ertiga, priced between Rs 8.35-12.79 lakh (ex-showroom). The model comes with a 1.5 litre petrol engine paired with both manual and automatic transmissions. The auto major has also launched CNG trims of the vehicle. The model comes with hybrid technology and driven by an all-new advanced six-speed automatic transmission with paddle shifters. Ertiga's launch ten years ago was a significant moment in the Indian automobile industry, as it created a new segment that has been growing at a CAGR (compound annual growth rate) of 4.7 per cent," MSI Managing Director & CEO Hisashi Takeuchi noted. The next-gen Ertiga with advanced technology features comes with a new engine and an all-new transmission, he added. "As it stays true to its brand vision of providing comfort, technology, and safety features, while being fuel-efficient for customers, the next-gen ...

Govt's mandatory airbag proposal to hurt car sales: Maruti Suzuki chairman

India's road transport ministry is firm on its plan and is pushing automakers to agree to the rules, two sources told Reuters

MFs pump Rs 22,000 cr into stocks in March amid extreme market volatility

Among large-caps, Kotak Mahindra Bank, HDFC, ONGC and Maruti Suzuki among most-bought shares; ITC tops sell list

Share of home-grown auto firms rises to a 3-year high in PV market

Tata Motors leads with a sharp jump in volume and market share

New Maruti Suzuki Ertiga 2022 bookings open; launch next week

"The next-gen Maruti Suzuki Ertiga will have thoughtful new-age features, an upgraded powertrain and advanced 6-speed automatic transmission," Shashank Shrivastava said

Maruti Suzuki to hike prices this month; recalls nearly 20,000 Eeco vans

Over the past year, the cost of the company's vehicles continued to be adversely impac­ted due to increase in various input costs, the auto major said in a regulatory filing

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Maruti Suzuki to hike vehicle prices this month amid rise in input costs

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it will increase prices of its entire model range

Sensex sprints 1,335 points, Nifty tops 18,050; HDFC twins jump up to 10%

CLOSING BELL: Besides, Kotak Bank, HUL, IndusInd Bank, Tata Steel, L&T, and Sun Pharma were the other top gainers

Maruti Suzuki aims to sell 600,000 CNG units in current fiscal year

The company sold about 230,000 CNG units in 2021-22