Page 6 - Maruti Suzuki

India PV growth likely at 1-2% in FY26; Maruti to outpace industry: Suzuki

Japanese small car major Suzuki Motor Corporation on Monday said overall passenger vehicle wholesale in the Indian market is expected to grow around 1-2 per cent in 2025-26, with the company's arm Maruti Suzuki looking to outpace industry growth. The company which has earmarked total capital expenditures of 380 billion yen for 2025-26 said "investments in India will account for approximately 50 per cent" of it with plans to increase production capacity of passenger vehicles. On the outlook for FY2025-26 in India, Suzuki Motor Corporation (SMC) in an investor presentation said, "Although SUVs continue to be strong in the market, demand for compact cars continues to be sluggish, and the overall market for wholesale sales is expected to grow by (around) 1 to 2 per cent." It further said, "With the launch of two new SUVs, including the BEV e VITARA, our company plans to outpace market growth." In addition, the new Kharkhoda plant where it initiated production in February this year, wil

Maruti Suzuki making production lines flexible to roll out ICE, EV models

Maruti Suzuki is making its production capabilities flexible so that more models, including electric vehicles, could roll out from the same manufacturing set-up, according to a senior company official. The country's largest carmaker Maruti Suzuki India is looking to add another 20 lakh units-production capacity by 2030-31 with about 28 different models in the market. Currently, the auto major has a production capability of around 26 lakh units per annum across its manufacturing plants in Haryana and Gujarat. The two plants in Haryana at Gurugram and Manesar roll out around 16 lakh units per annum. The new plant in Kharkhoda has also commenced production. To begin with, the new facility will have an annual production capacity of 2.5 lakh units and produce the compact SUV Brezza. Suzuki Motor Gujarat, a unit of the company, has also set up a facility in Gujarat with an installed production capacity of 7.5 lakh units per year. "In terms of production planning, increasingly we are ma

Here's why Maruti Suzuki, 2 other stocks are on analysts' buy list today

Stocks to Buy Today: Ajit Mishra of Religare Broking recommends a buy on Maruti Suzuki, Manappuram Finance and Petronet LNG on Friday, May 2, 2025.

Maruti Suzuki reports 7% increase in total sales in April at 179,791 units

Maruti Suzuki India on Thursday reported a 7 per cent increase in total sales to 1,79,791 units in April. The company sold a total of 1,68,089 units in the same month last year, Maruti Suzuki India (MSI) said in a statement. Its total domestic passenger vehicle sales rose marginally to 1,38,704 units compared to 1,37,952 units in the year-ago month, it added. Sales of mini segment cars, comprising Alto and S-Presso, dropped to 6,332 units against 11,519 units in April last year. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift and WagonR, rose to 61,591 units from 56,953 units in the year-ago month. Utility vehicles, consisting of Brezza, Ertiga, Grand Vitara and XL6, clocked sales of 59,022 units last month compared to 56,553 units earlier. Sales of van Eeco stood at 11,438 units last month against 12,060 units in April last year, while that of light commercial vehicle Super Carry were 3,349 units compared to 2,496 units earlier. MSI said its exports last m

Osamu Suzuki: The Japanese automaker who motorised middle-class India

Former chairman and CEO of Japan's Suzuki Motor Corporation, Osamu Suzuki, was posthumously awarded the Padma Vibhushan

Castrol India's profit rises to Rs 2.33 bn on strong engine oil demand

Profit at Castrol India, majority-owned by British oil major BP, rose to Rs 2.33 billion ($27.4 million) from Rs 2.16 billion a year ago

Launch thrust to power volume engine of PV maker Maruti Suzuki India

Firing on all cylinders: New models to steer it through cost bumps, sector drag

Q4 results today: Reliance, Maruti Suzuki, Hindustan Zinc on Apr 25

Q4 FY25 company results today: Reliance Industries, Tata Tech, RBL Bank, Motilal Oswal Financial, and Poonawalla Fincorp will be among 37 firms to post earnings reports for the January-March quarter

Maruti Suzuki plans up to $1 bn capex for new EV launch, higher exports

The company is already India's biggest exporter of cars, and the e-Vitara key will be key to further boost its overseas shipments, which it plans to grow by 20% in the current fiscal year

Maruti Suzuki shares extend fall as Q4 profit slips 4%; key takeaways here

The auto maker's net profit for the fourth quarter declined 4 per cent Y-o-Y to ₹3,711.1 crore

Suzuki Motor Corp, Maruti Suzuki to set up Osamu Suzuki Centre in India

Suzuki Motor Corporation and Maruti Suzuki India Ltd on Wednesday announced a proposal to set up Osamu Suzuki Centre of Excellence in India in honour of late Osamu Suzuki, the former chairman of the Japanese small car major. The Osamu Suzuki Centre of Excellence (OSCOE) is proposed to be located in Gujarat and Haryana, and will work towards supporting the national objective of high manufacturing growth and raising the standard of component manufacturers (across tier-1, 2 & 3) to make supply chains of the country globally competitive, Maruti Suzuki India said in statement. It will also work to build infrastructure and develop programmes in collaboration with academia and others to propagate Japanese manufacturing philosophy, the statement added. "The programme would include, but not limited to formal teaching, lectures, discussions, seminars etc. Importantly, the efforts of OSCOE would go beyond the automotive sector to other areas of manufacturing," it added. The announcement to ..

Bharat Forge, Balkrishna Industries tank upto 6% on Trump's 25% auto tariff

The Nifty Auto index, which tracks the performance of auto stocks, dropped 1.46 per cent, to hit an intraday low of 21,095 points.

Stocks to Watch on Apr 3, 2025: IT, auto, pharma, Central Bank, Muthoot Fin

Stocks to Watch on Apr 3, 2025: As the US imposed ;reciprocal tariffs' IT, Pharma and auto related stocks will be in focus

Stocks to Watch on Apr 2, 2025: CSB Bank, Zomato, Swiggy, auto stocks, MTNL

Stocks to Watch on Apr 2, 2025: Zomato, Swiggy, auto stocks, and others will remain in focus today

Tata Motors, Motherson Sumi, others slip upto 7.5% on Trump 25% auto tariff

The fall in auto stocks came after the US President Donald Trump, on Wednesday, announced that he would impose a 25% tariff on all cars imported into the US that are not manufactured domestically

Uno Minda, Motherson Sumi, M&M: Top bets by Nuvama ahead of March'25 sales

According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market

Sunil Kakkar becomes first homegrown employee to become MSIL director

MSIL's board currently comprises 11 members-five Indians and six Japanese. Among the Indian members, four are independent directors, while chairman R C Bhargava is the fifth

Here's why Maruti Suzuki share price dropped 1.5% in trade on March 26

Maruti Suzuki revealed that there is no impact on financial, operation or other activities of the company due to this draft Assessment Order

Auto firms to raise prices from April as costs, regulations squeeze margins

Industry experts believe price hikes are influenced by multiple factors, including the rising costs of electronics, regulatory compliance requirements, and premiumisation trends

After Renault, BMW Group announces 3% price hike in India starting April

Maruti Suzuki, Hyundai, Tata Motors, Kia India and Honda Cars have all announced price hikes April 2025 onwards