Page 59 - Maruti Suzuki

Maruti follows Tata Motors, Honda; to raise car prices by up to 2% from Jan

Other automakers such as Ford, Toyota Kirloskar Motor, Skoda and Isuzu already announced price hikes from early next year

Can Maruti Suzuki stock hit Rs 10,000 levels?

In its latest report on the outlook for global auto companies for 2018, Maruti Suzuki with a price target of Rs 9,843 features among the top regional pick for 2018

EV foray to keep Maruti ahead in the race

The Maruti Suzuki stock hit a new 52-week high after the company's Japanese parent, Suzuki on Friday formally unveiled plans to introduce electric vehicles (EVs) in India by 2020 with technical support from Toyota. Currently, under an agreement with the parent, Maruti already sources gasoline/diesel cars produced by Suzuki in India. The formal agreement means that Suzuki will manufacture the EVs in collaboration with Toyota (to be sold by Maruti) and also develop the entire EV ecosystem (including charging stations) in the country. The latter is crucial and will give Maruti a head-start as well as competitive edge over peers.Though Suzuki had already announced in April that it will set up a manufacturing joint venture with Toshiba and Denso to make lithium ion batteries at a cost of Rs 1,150 crore, it is critical given that EVs are currently very expensive in the Indian market. Analysts at UBS say it is not possible to expect significant subsidy for EVs as they remain a product for ...

Maruti Suzuki, Tata Motors, Skoda don the greasepaint

With swanky showrooms and VR-enabled sales platforms Maruti Suzuki, Tata Motors, Skoda bet on shine and gloss, place their faith in experiential branding

Maruti Suzuki to build e-cars as govt plans to electrify vehicles by 2030

Maruti Suzuki's chairman said there was still no clear roadmap on how the government aimed to achieve its target and a lot would depend on that

Maruti Suzuki profit, hit by low non-operating income, rises 3%

Firm confident of being number one player in electric vehicles' segment

Maruti Suzuki Q2 net up 3.4% at Rs 2,484 cr

Net sales increase 7% to Rs 21,438 cr

Leopard enters Maruti plant in Manesar, morning shift scrapped

Thousands of workers, who arrived for the morning shift at around 7 am, have been asked to stand outside the plant due to safety reasons

Maruti's Arena will pamper mass buyers

The company knows reimagining existing showrooms won't be easy; so it is working hard to ensure minimum disruptions

Maruti Suzuki sees opportunities in electric vehicles

Company says it will start work on these as soon as consumer preference for EVs is visible

Auto stocks trade higher after Maruti Suzuki clocks 26% jump in Aug sales

Maruti's growth will also ensure a double digit growth in industry's sales for the month

Maruti Suzuki continues to lead PV market; 7 models in top 10 list

The company's premium hatchback Baleno was the second best selling model with 19,153 units

GST, rising input costs hurt Maruti Q1 numbers

The net sales of country's biggest car maker expanded almost 17% to Rs 17,132 crore

Futuristic carmaker: Maruti Suzuki plants training workers, upgrading tech

The company aims to sell 2 million units annually

Maruti drives past combined m-cap of Tata Motors and M&M

Maruti Suzuki, the country's largest car maker, is now valued higher by the market than the combined one of the two other listed car makers, Tata Motors and Mahindra & Mahindra, for the first time. The Suzuki-owned car maker's market capitalisation hit Rs 2.25 lakh crore on Friday as its stock closed at a new high of Rs 7,451 on the BSE. The combined market cap of Tata Motors (Rs 1.348 lakh crore) and M&M (Rs 88,599 crore) amounted to Rs 2.23 lakh crore at Friday's close. With Friday's three per cent rally, Maruti has also emerged as the eighth most valued entity among those listed. It is now ahead of information technology major Infosys (Rs 2.17 lakh crore) and energy giant Oil and Natural Gas Commission (Rs 2.17 lakh crore). A month before, it had ranked 10th. A 12 per cent rally in the stock over four weeks has enabled Maruti to overtake Infosys, ONGC and Indian Oil. And, is valued higher than parent Suzuki. The stock has surged 79 per cent in 12 months on improving sales, .

Past 7K, Maruti Suzuki still has enough vroom to keep going

Strong product line & higher mix of premium vehicles will help improve margins & gain market share

Maruti Suzuki targets selling 3 lakh automatic cars annually by 2020

The company currently sells around 94,000 units per annum of vehicles with AGS

Maruti Swift outruns Alto as best selling hatchback in April

Seven of the company's models are among the top 10 best selling models in the Indian market

Maruti inches close to combined market cap of Tata Motors, M&M

A speedy ride in stock price has brought the market value of Maruti Suzuki, the country's largest car maker, quite closer to the combined market cap of two leading domestic auto makers- Tata Motors and M&M. The stock price of Suzuki promoted company closed at a new high of Rs 6,952 at the BSE on Tuesday, taking its market cap to Rs 210,024 crore, just about Rs 1,100 crore lower to the combined market cap of Rs 211,186 crore between Tata Motors (Rs 126,264 crore) and M&M (Rs 84,922 crore). Maruti's stock has surged 16 per cent in the new financial year which started last month. A key trigger behind the surge was the April sales volume which registered an increase of 19 per cent to a new monthly record of 151,215 vehicles. Another positive influence came in form of the record annual profit of Rs 7,337 crore for last year, up 37 per cent over FY16. Year after year it has shown a volume growth higher to average industry's performance. In FY17, its volumes grew by almost ten per ..

5 less known Maruti facts: Workers take 2,545 steps to finish every car

Maruti consumes about 70,000 litres of paint every day to colour the 5,000 cars manufactured daily