Page 5 - Maruti Suzuki

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-

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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

CAFE norms weighted in favour of bigger cars: Maruti Chairman R C Bhargava

Bhargava hits out at rivals for adopting a self-serving approach

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Maruti Suzuki India's total sales decline 6% to 167,993 units in June

Maruti Suzuki India on Tuesday reported a 6 per cent year-on-year decline in total sales to 1,67,993 units in June. The country's largest carmaker had sold a total of 1,79,228 units in June 2024. Its total domestic passenger vehicle dispatches to dealers stood at 1,18,906 units last month compared to 1,37,160 units in the year-ago period, a dip of 13 per cent, Maruti Suzuki India (MSI) said in a statement. "The slowdown in passenger vehicle sales is largely due to a sharp decline in the smaller segment cars. Historically, passenger vehicle sales used to grow at 1.5 times the GDP growth. But now, even after 6.5 per cent GDP growth, the car market is nearly flat," MSI Senior Executive Officer Rahul Bharti said. This is because the once mass small car segment is not participating in the growth at all, he added. "This is clearly an affordability issue," Bharti said. Since 2019, the entry-level price point in the industry has jumped by over 70 per cent, largely driven by stricter ...

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Maruti Suzuki opens India’s largest in-plant railway siding | Manesar

India’s large car maker Maruti Suzuki has started the country's largest in-plant railway siding at Manesar facility with dispatch capability of 4.5 lakhs vehicles at full capacity.

Vaishnaw inaugurates cargo terminal at Maruti Suzuki's Manesar site

The rail link was developed at a cost of ₹800 crore, with HRIDC contributing ₹684 crore and the remaining amount funded by Maruti Suzuki

Maruti Suzuki sees vehicle dispatches via railways to rise to 35% by FY31

Car market leader Maruti Suzuki India Ltd expects vehicle dispatches through railways to increase to 35 per cent by 2030-31, its Managing Director and CEO Hisashi Takeuchi said on Tuesday. The company, which inaugurated its second automobile in-plant railway siding at its Manesar facility, has increased vehicle dispatches through railways, from just around 5 per cent in FY 2014-15 to 24 per cent last year, he said while addressing the event here. The automobile in-plant railway siding at Manesar plant is India's largest GatiShakti multi-modal cargo terminal. "Maruti Suzuki pioneered the use of railways for vehicle dispatches over a decade ago by becoming the first company to obtain the automobile-freight-train-operator license in India, and since then, we have dispatched over twenty-five lakh passenger vehicles using railways," Takeuchi said. In March 2024, the automaker became the first automobile company to establish an in-plant railway siding in its Gujarat manufacturing plant.

Maruti Suzuki ties up with Equitas Small Finance Bank for car financing

Leading car maker Maruti Suzuki India Ltd has partnered with private sector Equitas Small Finance Bank to offer vehicle financing options to its customers, a company official said on Friday. A memorandum of understanding between the two entities was signed with an aim to provide retail financing options for new cars, used cars and commercial vehicles. "The collaboration is set to enhance the accessibility and affordability of Maruti Suzuki vehicles for a broader range of customers," a company statement here said. The Chennai-headquartered Equitas Small Finance Bank would leverage the growing customer base of the bank to benefit diverse Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions. Maruti Suzuki India Ltd Senior Executive Officer Partho Banerjee exchanged documents with Equitas Small Finance Bank's retail assets head Jagadesh J in the presence of representatives of both organisations. "Our collaboration will enable us to reach an even

No disruption in operations due to rare earth supply crisis: Maruti

Automaker says situation is 'uncertain and evolving' amid report that it has made e-Vitara production cuts