Page 39 - Maruti Suzuki

Top headlines: Pfizer raises sales forecast; Maruti misses estimates in Q1

Business Standard brings you the top headlines on Wednesday

Big miss for Maruti Suzuki as Q1 net profit comes in at Rs 441 crore

Weak volumes, commodity costs weigh on margins

Sensex rebounds 640 pts from day's low to end 135 pts down; Airtel jumps 5%

Bargain hunting in domestic equities helped the markets rebound swiftly from intra-day lows on Wednesday

Stocks to watch: Maruti Suzuki, Nestle, IndiGo, IIFL Finance, IndusInd Bank

IndiGo posted its highest ever quarterly loss of Rs 3,174.17 crore during the April-June period

Maruti Suzuki's Q1 PAT may slip up to 32% QoQ, say analysts

Analysts estimate the income to rise in the range of 340 to 353 per cent year-on-year (YoY) and decline 22 to 25 per cent QoQ, up to Rs 18,619 crore

Maruti Suzuki Nexa completes 6 yrs with cumulative sales of 1.4 mn units

Maruti Suzuki India (MSI) on Friday said its premium sales network Nexa has crossed 1.4 mn sales milestone in six years of coming into existence

Maruti crosses 5 mn cumulative sales milestone in rural markets of India

The country's largest carmaker Maruti Suzuki India on Wednesday said it has crossed the 50 lakh cumulative sales milestone in rural markets of India. With over 1,700 customised outlets in rural parts of the country, nearly 40 per cent of the total MSIL sales come from rural markets today, Maruti Suzuki India Ltd (MSIL) said in a statement. The company's total sales in the April-June period of this fiscal stood at 3,53,614 units. In fiscal 2020-21, it had sold a total of 14,57,861 units, down from 15,63,297 units sold in 2019-20. Commenting on the feat, MSIL Senior Executive Director (Marketing & Sales) Shashank Srivastava said, "We are proud to announce that with the support from our customers and local dealer partners, we have achieved 50 lakh sales in rural India cumulatively." Stating that rural markets have a very special place in the company's business, he said, "over the years, we have carefully studied the needs of this segment... We remain committed to deliver products and

Suzuki to enter EV market by 2025, starting with India, says report

The automaker plans an all-electric compact model to be made available for around 1.5 million yen ($13,626) after government subsidies are taken into account,

First new Maruti Suzuki unit in Haryana can make 250,000 cars a year

The investment for the first unit would be to the tune of Rs 5,000-Rs 7,000 crore

Maruti lines up Rs 18,000 cr investment for Haryana manufacturing plant

The country's largest carmaker Maruti Suzuki India (MSI) is planning to invest around Rs 18,000 crore on a new manufacturing facility in Haryana, as per a top company official.

Maruti Suzuki plans Rs 18,000 cr investment for new Haryana plant: Report

Company chairman says state's policy reserving jobs in private companies is an 'issue to be sorted out'.

Maruti Suzuki raises prices of Swift, CNG models as input costs bite

The new prices are effective from today i.e. 12th July, 2021

Maruti Suzuki hikes prices of Swift, CNG variants of other models

The country's largest carmaker Maruti Suzuki India on Monday said it has hiked prices of hatchback Swift and CNG variants of other models by up to Rs 15,000

Top headlines: Vedanta bids for Videocon's assets; QoQ profit to take knock

Business Standard brings to you the top headlines on Monday

Maruti shifts Dzire production to Gujarat to create space for new launches

Plans a slew of new SUV models over the next few years as it seeks to take on the competition by straddling the segment with multiple \offerings at varied price points

Maruti rolls out digital platform for car financing solutions to customers

The country's largest carmaker Maruti Suzuki India on Friday announced the nationwide roll-out of its digital platform that provides customers end-to-end online car financing solutions. The company, which had launched Maruti Suzuki Smart Finance in limited cities in December 2020, said it is now available across India for customers of both ARENA (mass market car retail chain) and NEXA (premium cars outlet). It has on-boarded 14 financiers, including HDFC Bank, ICICI Bank, Yes Bank, Axis Bank, State Bank of India, IndusInd Bank, Bank of Baroda, Mahindra Finance, and Sundaram Finance. MSI Senior Executive Director (Marketing & Sales) Shashank Srivastava said even before walking into a car dealership, most potential buyers already start their shopping process online -- browsing cars and finance options. Keeping in view the changing customer behaviour, the company had launched Maruti Suzuki Smart Finance, a digital platform that enables customers with an end-to-end online car ...

Automakers witness sales recovery in June as pandemic eases across states

The country's largest carmaker Maruti Suzuki India (MSI) posted total sales of 1,47,368 units in June, up from 46,555 units in May.

Maruti Suzuki posts 3-fold rise in total sales at 147,368 units in June

Sales of mini cars, comprising Alto and S-Presso, rose to 17,439 units in June as against 4,760 units in May this year.

Maruti Suzuki expands subscription services to four more cities

Jaipur, Indore, Mangalore and Mysore are the new cities

After incubation plan success, Maruti may pick stake in mobility start-ups

Carmaker has reaped benefits from firms that it has incubated under the accelerator programme