Page 56 - Maruti Suzuki

Maruti Suzuki Beat The Heat campaign to connect with customers

Maruti Suzuki Beat The Heat campaign to connect with customers

Maruti drives past 500,000 cumulative sales mark for CNG models in 8 yrs

MSI's range of factory-fitted CNG vehicles are popular in Delhi NCR and across select cities in states of Gujarat, Maharashtra, Andhra Pradesh, Telangana, Odisha, UP and Punjab

Maruti Suzuki to slip into single-digit growth lane in FY19 after 4 years

It needs to grow at a rate of at least 15% in the December-March period to finish the year with a double-digit volume growth

Maruti Suzuki's Q3 margins to be hit by sluggish demand, higher costs

Automaker is expected to report year-on-year fall in volumes in December, adding pressure to the stock

Maruti Suzuki to hike prices of vehicles across models from January

The company, however, did not specify by how much the prices of its vehicles would increase

Working overtime to meet BS-VI norm ahead of April 2020 deadline: Maruti

Firm has reinforced manpower in its engineering and R&D in order to be able to meet norms ahead of schedule

Festive sales below expectation, grew by six per cent: Maruti Suzuki

Maruti Suzuki does better in rural market due to three good consecutive monsoons and the government increasing support prices for crops.

Maruti Suzuki paring production amid slowing sales and tepid demand

The company's efforts to align production with sales have started showing results

Festive season remains lacklustre for Maruti Suzuki, sales flat in October

Industry wary of headwinds like high fuel price and insurance cost

Maruti Suzuki may see margin decline in Q3 due to volume, cost headwinds

With sales volumes disappointing at the start of the festival season, Maruti Suzuki, the country's largest passenger vehicle company, could be facing a difficult December quarter.This is on account of both lacklustre demand and higher input costs. The company is hopeful of a recovery closer to the Diwali season, led by rural demand. However, flooding in Kerala, higher insurance, financing and fuel costs have derailed demand.After flat sales growth in July and a three per cent drop in August, volumes in September rose by only 0.7 per cent, resulting in a 1.5 per cent fall in the September quarter. Given a weak October so far, volumes would have to rise sharply for the company to meet its full-year forecast for 2018-19 of double-digit volume growth. It had achieved 10.5 per cent growth in the first half of the financial year. The demand outlook, given the Rs 3,500 year-on-year increase in average discounts in the September quarter to Rs 18,750, does not bode well. The other worry for ..

In just 17 months from launch, Maruti Dzire crosses 300,000 sales milestone

The country's largest carmaker Maruti Suzuki India (MSI) Monday said the latest version of its sub compact sedan Dzire has crossed three lakh cumulative sales milestone in 17 months from the launch. The company introduced the third generation Dzire in May 2017. "The sales of new Dzire shot up 28 per cent compared to the previous generation car," MSI Senior Executive Director (M&S) R S Kalsi said in a statement. He added that 25 per cent of customers have opted for the model's top variants, which are loaded with new features. "Nearly 20 per cent of the buyers have chosen the automatic variant," Kalsi said.

Maruti Suzuki urges vendors to reduce imported parts as rupee slides

Localising electronics will need a push from the government as part of its Make in India mission.

Maruti Suzuki expected to report first dip in profit after nine quarters

The performance of Maruti Suzuki is a reflection of the challenges that the domestic car manufacturers are facing

Maruti Suzuki recalls Super Carry mini truck to fix fuel pump supply defect

The company sold around 10,000 units of the light commercial vehicle (LCV) in 2017-18.

Maruti posts marginal decline in September sales, export down 25.1% YoY

The company's domestic sales stood at 1,53,550 units, up 1.4 per cent from 1,51,400 units in September last year, MSI said in a statement

Maruti Suzuki slows down on volume and margin worries; stock falls

Brokerages have cut net profit estimates by up to 12 % over next few years

Maruti Suzuki, YES Bank, Jet Airways, Godrej Properties hit 52-week low

Reliance Capital, Reliance Power, Reliance Infra, Karnataka Bank, Karur Vysya Bank, Ujjivan Financial, IFCI, Manappuram Finance and PNB Housing among 68 stocks from the Nifty 500 index hit 52-week low

Maruti to move factory out of Gurgaon; shift inevitable, says R C Bhargava

The thirty-five-year-old plant was the company's first manufacturing facility and has a capacity to make about 700,000 cars every year

Baleno production ramped up to cut waiting period: Maruti Suzuki

MSI has sold over 450,000 units of Baleno cumulatively, since its launch

Maruti Suzuki hit slow lane in August; sales dropped 3.4% to 158,189 units

Domestic sales were also down 2.8 per cent at 1,47,700 units last month as against 1,52,000 units in the year-ago month