Page 58 - Maruti Suzuki

Domestic car sales expand 19% in May; Maruti, Tata Motors led growth

Dealers have stocked vehicles in the run-up to a price hike, which is expected by leading players sometime this month

Maruti Suzuki switching lanes: Small cars now down to 25% of total sales

Changing customer preferences, supported by growing incomes, are the primary factor driving this change

Maruti Suzuki eyes 10% increase in outlets in FY19, 5 new models in 2 years

Maruti would add outlets to its various retail channels like Nexa and Arena, besides enhancing network for its light commercial vehicle Super Carry

Maruti Suzuki attains leadership in UV segment with 27.53% market share

Maruti Suzuki India today said it has attained leadership position in sale of utility vehicles (UVs) in the domestic market in 2017-18, with over 27.5 per cent market share. Riding on the success of models like Vitara Brezza, Ertiga and S-Cross, the company's sale of UVs reached 253,759 units in 2017-18, growing 29.6 per cent over sales of 195,741 units in the previous year, Maruti Suzuki India said in a filing to BSE. Maruti Suzuki Senior Executive Director Marketing & Sales R S Kalsi said, "In recent years the company has systematically widened its utility vehicle portfolio." Each of the offerings is distinctively placed and offers immense value to customers. The company's UV range of Vitara Brezza, 5-Cross and Ertiga revolve around best of design, technology and experience, he added. "Sales of Vitara Brezza increased by 36.7 per cent in 2017-18, while it jumped by 44.4 per cent for S-Cross and 4.1 per cent for Ertiga," Kalsi said. As on March 31, 2018, Maruti Suzuki has 2,627 .

Maruti Suzuki zooms past M&M, set to emerge as top UV player this fiscal

The company's market share swelled to 28% for the April to February period of 2017-18

Maruti Suzuki drives showroom managers to leading B-Schools for training

1,500 executives will be trained at Gurgaon's MDI and Ghaziabad's IMT by next year

Near-term worries for Maruti stock, even as product demand remains strong

The Maruti Suzuki stock has shed about 12 per cent from its all-time intra-day high of Rs 10,000, recorded in mid-December 2017. That is due to the correction in broader markets and softer demand expectation for the industry, especially in the urban segment. Although demand for Maruti's key models remains strong, some analysts also point to the possibility of capacity constraints for the company in 2018-19. While the competition environment for the company is benign for now, rising commodity prices and entry of new players are issues. Having said that, analysts also say many of these are temporary and long-term investors could utilise the current situation to accumulate the stock on declines.Urban slower, rural risingA worry now is slowing demand in the top 10 cities, which account for 40 per cent of overall industry volume -- sales growth here has been flat over the past year. Analysts believe the rise in ride sharing (Uber/Ola) has led to lower private car demand. Aggravated by ...

Maruti Suzuki seeks place in crowded light commercial vehicles market

Maruti Suzuki had sold 460 units of LCV, branded as Super Carry, in the April-January period of FY17

Maruti Suzuki India open to forge partnerships with local tech firms

With new technologies reshaping the future of automobile industry, Maruti Suzuki India is keeping options open to partner with tech firms locally and play a part in parent Suzuki's future product development, according to its Managing Director and CEO Kenichi Ayukawa. While the maximum focus of the company, which is slated to launch an electric vehicle (EVs) in 2020 in India, will be EVs in future, efforts will also be accelerated to develop more hybrids and other alternate fuel vehicles. "I think there are such kind of opportunities in the future," Ayukawa told PTI in an interview. He was responding to a query on whether Maruti Suzuki India (MSI) would consider partnering local new age technology firms for future product development, which could also flow to parent Suzuki Motor Corporation. Ayukawa said MSI has been depending on parent Suzuki for technology but it has been able to grow its own R&D prowess and has started playing bigger role in product development. An

Future strategy will not just revolve around EVs: Maruti Suzuki's Ayukawa

Maruti Suzuki's MD&CEO says electric vehicles cannot be a solution outside the cities

Shorter wait for Maruti cars soon as Guj plant to supply 250k units in FY19

'At one point of time Baleno used to have a waiting period of around six-eight months; now it has come down to about 8-10 weeks'

Maruti beats Hyundai with 6 cars appearing in 10 best-selling PVs in Dec

Rival Hyundai Motor India also made its presence felt with three of its models featuring in the top ten list

Maruti plans new versions of Swift, Ertiga, Ciaz, Wagon-R in 12-18 months

It will launch the all-new version of its popular hatchback Swift at the upcoming Auto Expo

Nexa hit and miss in Maruti Suzuki's strategy of brand differentiation

Has Maruti Suzuki's strategy of brand differentiation made its mark beyond volume and dealer profitability to charting an up-market trajectory for its future cars? To be sure, with regards to selling cars that are priced above ~500,000, Maruti has been steadily closing in on rival Hyundai, which boasts of higher sales on account of a larger portfolio of premium car models.Maruti sold 239,067 cars from its Nexa outlets as compared to Hyundai's 352,886, excluding the entry level model Eon, in the first 10 months of the current financial year. Nexa's share in Maruti's overall retail mix has been increasing - it was 19.5 per cent in the first 10 months of 2017-18, up from 10.9 per cent for the full year that ended on March 31, 2017. R S Kalsi, executive director, sales and marketing, at Maruti Suzuki, was not available for a comment but experts said the company needed to leapfrog from product dominance to overall excellence in premium brand imagery. "It (Nexa) is led purely by products ..

Maruti Suzuki India hikes prices by up to Rs 17,000 across models

Country's largest carmaker Maruti Suzuki India (MSI) today said it has increased prices of its models by up to Rs 17,000 in order to partially offset rise in input costs. In a regulatory filing, it said the hike will range between Rs 1,700 and Rs 17,000 across models owing to increase in commodity, administrative and distribution costs. MSI sells a range of models starting with hatchback Alto 800 to premium crossover S-Cross, priced between Rs 2.45 lakh and Rs 11.29 lakh (ex-showroom Delhi). The company had said last month that it will take a price increase from this month. Tata Motors has already increased prices of its vehicles by up to Rs 25,000 from January 1. Various automakers including, Hyundai Motor India, Honda Cars, Mahindra & Mahindra have already announced to increase prices from this month. These companies are however yet to announce price increase for their respective vehicles.

Maruti to unveil SUV-inspired concept compact car at Auto Expo 2018

The global premiere of ConceptFutureS will take place at Auto Expo to be held from February 9-14

Maruti Suzuki on a cash ride, coffers expand by 28%

The domestic car sales volume of the company is also growing at 15%

Maruti Suzuki: The Rs 125 stock that hit Rs 10,000 in 14 years

If you were among the lucky few who got subscription to and have held on to this stock, you would now be sitting on a whooping near 8,000% return. Back in 2003, the government divested 25 per cent stake in Maruti Suzuki Limited (Maruti Udyog Limited as it was known then) at Rs 125 per share. The stock debuted on the exchanges on July 09, 2003 and ended the first trading at Rs 164 levels, nearly 32 per cent higher than the issue price.From its issue price, Maruti (MSIL) has zoomed 7,900% to cross Rs 10,000 mark in intra-day deals today on the BSE. It is now the fifth most valued stock by market capitalisation (market-cap) at around Rs 3-lakh crore - only below Reliance Industries (RIL), TCS, HDFC Bank and ITC. A recent Motilal Oswal study puts Maruti among the top five wealth creators during 2012 - 17, pegging the wealth created at Rs 1.41-lakh crore in this period.And if analysts are to be believed, the stock still has miles to go.Incorporated in 1981 under the Companies Act, 1956, ...

Maruti Suzuki enters top-5 club of most valuable companies

Thus far in the calendar year 2017, Maruti Suzuki India has outperformed the market by surging 83% as compared to 27% rise in the S&P BSE Sensex.

Maruti Suzuki's market share an aberration by global standards

There is an aberration in the Indian passenger vehicle (cars, vans and utility vehicles) market, the world's fifth biggest and one of the fastest growing. The largest player, Maruti Suzuki, not only sits on what is considered an abnormally high market share, compared to market leaders in other big markets. It also continues to expand on its market. Maruti is now at a market share of 50.4 per cent, up from 47.3 per cent last year. Compare this with some other top markets and the leader there. In China, the world's biggest market, Volkswagen is the largest, with a share of 17 per cent. In America, the second biggest, GM is leader with 18 per cent. In Japan, home to Maruti's parent, Suzuki, the biggest player, Toyota, has 28 per cent. In Germany, fourth largest, Volkswagen is leader with 21 per cent. Ford leads the British market with a share of about 12 per cent. In none of these is the leader a share even close to a third. Most hover at a fifth or even lower. One exception is South ...