Page 33 - Maruti Suzuki

RIL, HDFC, TCS power 673-pts rally in Sensex; Nifty tops 17,800; banks soar

The broader markets underperformed the benchmarks by a wide margin. The BSE MidCap and SmallCap indices ended with meagre gains of 0.05 per cent and 0.4 per cent, respectively.

Maruti Suzuki exports over 200,000 units in 2021; most in a calendar year

Maruti Suzuki India on Monday said it shipped over two lakh vehicles in 2021, its highest ever in a calendar year, to various markets across the globe. The company exported 2,05,450 vehicles in 2021, the country's largest carmaker said in a statement. This is the highest ever export figure in any calendar year by the company, it added. "This milestone reflects the confidence of customers around the world in the quality, technology, reliability, performance and cost effectiveness of our cars. We thank our parent company, Suzuki Motor Corporation and their distributors across global markets for their reach and support, especially in such challenging times," Maruti Suzuki India MD & CEO Kenichi Ayukawa stated. The company stands committed to live upto the trust placed by global customers and will continue to delight them, he added. The company currently exports around 15 models, including the most recent additions Jimny, Suzuki's compact off-roader and the all-new Celerio. The top .

Maruti, Hyundai report decline in wholesales for Dec; TaMo, M&M see growth

Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage continuing to impact production. Other manufacturers Nissan and Skoda also reported an increase in December 2021 sales although Honda Cars India witnessed a decline last month. The country's largest carmaker Maruti Suzuki India (MSI) reported a 4 per cent fall in wholesales to 1,53,149 units in December 2021 as against 1,60,226 units a year ago. Its December 2021 domestic sales slipped 13 per cent to 1,30,869 units as against 1,50,288 units in December 2020. "The shortage of electronic components had a minor impact on the production of vehicles during the month. The shortage primarily affected the production of vehicles sold in the domestic market," MSI said in a statement. The company said sales of mini cars, including Alto and S-Presso, fell 35 per cent

Maruti Suzuki sales dip 4% to 153,149 units in Dec

In December 2021, the domestic sales slipped 13% to 130,869 units as against 150,288 units in December 2020

Over two dozen new car and SUV models to hit the road in 2022

Maruti's share in the compact SUV segment, where it sells the Brezza, has dropped by 90 basis points to 14.4 per cent

Near-term worries likely to keep Maruti Suzuki's stock under strain

Market-share loss in SUVs, supply disruptions, and margin improvement may take time to repair

Toyota-Suzuki affordable electric vehicle to make India debut by 2025

Toyota and Suzuki are looking to make close to 114,000 units of the model per year

Toyota Kirloskar Motor to hike prices across entire portfolio from January

Toyota Kirloskar Motor (TKM) on Wednesday said it will increase prices across its entire product portfolio from January, in order to offset the impact of rise in input costs.

Maruti Suzuki Super Carry crosses 100,000 cumulative sales mark

Maruti Suzuki India (MSI) on Tuesday said its light commercial vehicle Super Carry has crossed one lakh sales cumulative milestone in five years of its launch in the country. The vehicle, which comes with a four-cylinder engine and both petrol and CNG options, caters to the versatile requirements of the commercial customers. MSI forayed into the commercial segment in 2016 with the introduction of Super Carry in India. The model was developed specifically for the domestic market, keeping in mind the unique requirements of Indian mini-truck customers. In a very short time, Super Carry has received a phenomenal market reception and has found wide acceptance among customers. Through Super Carry, we have been able to cater to a diverse range of goods carrying customer requirements to enable them to be more efficient and profitable," MSI Senior Executive Director (Marketing and Sales) Shashank Srivastava said in a statement. The S-CNG variant of Super Carry has helped businesses enhance

Maruti Suzuki Celerio emerges younger, nattier as an entry-level city car

The new Celerio is wider and taller than the earlier version by 55 mm

Examining scope for India launch of 50-yr-old Jimny brand: Maruti Suzuki

The auto major currently manufactures three-door Jimny at its Gurugram plant and exports to Middle East and African markets.

Bharat sustains sales for Maruti even as chip shortage chokes India volumes

Positive macroeconomic indicators in rural India have helped passenger vehicle sales

Baleno crosses 1-million-unit cumulative sales milestone: Maruti Suzuki

The country's largest carmaker Maruti Suzuki India on Thursday said its premium hatchback Baleno has crossed the cumulative sales milestone of 10 lakh units. Launched in October 2015 and sold through the company's premium retail chain NEXA, the model had crossed the 5 lakh units cumulative sales in November 2018 and touched the 10 lakh units milestone in November this year, Maruti Suzuki India Ltd (MSIL) said in a statement. MSIL Senior Executive Director (Marketing and Sales) Shashank Srivastava said since its launch, Baleno has enjoyed leadership in the premium hatchback segment and commands a market share of over 25 per cent. "Today's evolved urban Indian customer is self-motivated, tech-savvy, and bold in their life, and the Baleno is just the right companion for these discerning minds," he said, adding the model will go on to reach even greater heights in the future as well. The Baleno is powered by a 1.2-litre petrol engine and it offers customers Suzuki's Smart Hybrid ...

Prolonged waiting period due to chip crunch can harm demand: Maruti Suzuki

Longer waiting periods with semiconductor shortage affecting production can have a negative impact on car demand, although the supply constraints of chips have gradually improved over the last few months, according to a senior official of car market leader Maruti Suzuki India. The company currently has a pending order of around 2.5 lakh units with demand in the market continuing to be buoyant, while its production was over 80 per cent of normal in November. "The bookings show that the demand continues to be quite robust, both in terms of inquiries and the bookings, but now availability is an issue and waiting periods have gone up," Maruti Suzuki India Ltd (MSIL) Senior Executive Director (Marketing & Sales) Shashank Srivastava. He further said, "So we are a little bit afraid that the longer waiting periods will affect the demand pattern and it can have a negative impact." Depending on models and variants the waiting period can range from weeks to months in the domestic passenger ..

Maruti Suzuki total sales decline 9% YoY in Nov due to chip crisis

The car major is expecting an adverse impact on vehicle production in Haryana and Gujarat plants in Dec 2021 owing to electronic components supply constraint

Maruti Suzuki expects December production to be affected due to chip crisis

The total vehicle production at both plants in Gujarat and Haryana could be 80-85 per cent of normal

Supply chain constraints to dent Maruti Suzuki production levels in Dec

The country's largest carmaker Maruti Suzuki India on Tuesday said its production in December could only be up to 85 per cent of the normal, owing to supply constraint of electronic components

Maruti Suzuki hikes prices of Eeco van by Rs 8,000 for adding airbags

The increase in price is effective from November 30, 2021

Maruti Suzuki Toyotsu India opens first vehicle scrapping unit in Noida

The 10,993 sq m facility has a capacity to scrap and recycle over 24,000 ELVs annually

NCLAT stays Competition Commission's Rs 200 cr penalty on Maruti Suzuki

The amount has to be deposited with the Registrar of the National Company Law Appellate Tribunal (NCLAT)