Page 7 - Maruti Suzuki

Tata Motors, Maruti to hike prices from April amid rising input costs

Tata Motors announced a price increase of up to 2 per cent across its CV range, effective April 1

TaMo, Maruti Suzuki to hike vehicle prices to offset raw material costs

Tata Motors will hike prices of its commercial vehicles, including trucks and buses, by up to 2% from April, while Maruti Suzuki said it will increase car prices by as much as 4% next month

Maruti Suzuki shares gain 2% on hiking vehicle price by 4%; check details

The price increase is expected to be up to 4 per cent and will vary depending on the model. Some portion of the increased cost may need to be passed on to the market, as per the filing

Maruti Suzuki cars to become 4% more expensive starting April 2025

Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra (M&M), and JSW MG Motor all announced price hikes this year to offset rising input costs

Maruti Suzuki vehicle sales rise marginally to 199,400 units in February

Maruti Suzuki India on Saturday reported a marginal year-on-year increase in total sales at 1,99,400 units in February. The company sold a total of 1,97,471 units in the same month last year, Maruti Suzuki India (MSI) said in a statement. Total domestic passenger vehicle sales were at 1,60,791 units last month as compared with 1,60,271 units in the year-ago month, a marginal year-on-year growth, it added. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,226 units as against 14,782 units in same month last year. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, rose to 72,942 units as compared to 71,627 units in the year-ago month. Utility vehicles, consisting of Grand Vitara Brezza, Ertiga, XL6, Jimny clocked sales of 65,033 units last month as compared to 61,234 units earlier. Sales of van Eeco were at 11,493 units last month as against 12,147 units in February 2024, while that of light commercial vehicle Super Carry stood

Maruti Suzuki India starts production at new plant in Haryana's Kharkhoda

The company's previous three facilities are located in Gurgaon and Manesar in Haryana and Hansalpur in Gujarat, with a combined annual production capacity of 2.35 million units

Buy & Sell: Top picks by Vinay Rajani of HDFC Securities for February 19

BSE stock price has broken down below its 50 days EMA support. Stock has confirmed lower top and lower bottom formation on the daily chart

Here're carmakers embroiled in $6 billion of tax disputes in India

Income tax and excise disputes make up the bulk of $694 million worth of demands faced by SUV-maker Mahindra & Mahindra

Maruti Suzuki to boost charging infra to position e VITARA as primary car

Maruti Suzuki India aims to bolster charging infrastructure in the country before it drives in e VITARA with plans to establish the model as a primary vehicle in a household, according to a senior company executive. The auto major also plans to boost after-sales support, bring in a leasing model and more finance options to encourage customers to buy the model. "One of the major concerns for the customer is the adequacy of the public infrastructure in terms of the chargers. So we are planning to have a fast charger at a frequency of 10 kilometers in the top 100 cities," Maruti Suzuki India (MSI) Senior Executive Officer (Marketing & Sales) Partho Banerjee told PTI in an interaction. Currently top 100 cities in the country account for almost 97 per cent of the total EV sales, he stated while elaborating on the plan. "We believe that the customer who will be buying the car will be moving out of the city as well so we want to make our e VITARA as the primary car, not the secondary car

After Fronx, Maruti Suzuki India starts exporting Jimny to Japan

MSIL launched the Jimny in India in June 2023 and started exporting it to various countries in Latin America, the Middle East, and Africa from October 2023

Bajaj Finance, TaMo, Maruti: Largecap buy, sell stock ideas post Q3 results

Here's a technical outlook on 5 largecap stocks post Q3 results. Charts hint towards a positive bias for Bajaj Finance and Bajaj Auto; whereas a likely fall for Maruti, Tata Motors and Dr. Reddy's.

Analysts bullish on Maruti Suzuki post Q3, positive on CNG, EV growth

The Maruti Suzuki's e-Vitara electric vehicle (EV) is expected to fuel long-term growth, especially with strong export potential, analysts said.

Maruti Suzuki Q3 results: Net profit jumps 16.2% to Rs 3,726 crore

'Demand scenario is generally subdued. It is a reality that we have to live with for some time,' says Rahul Bharti, Executive Director, Corporate Affairs, MSIL

Maruti Suzuki Q3 results: Profit up 13% to Rs 3,525 cr; revenue climbs 16%

Maruti Suzuki's standalone profit rose 12.6 per cent year-on-year (Y-o-Y) to Rs 3.525 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 3,130 crore in Q3FY24

Maruti Suzuki approves reappointment of Hisashi Takeuchi as MD & CEO

Maruti Suzuki India Ltd on Wednesday said its board has approved the reappointment of Hisashi Takeuchi as Managing Director and Chief Executive Officer for a further period of three years with effect from April 1, 2025. The board in its meeting held on January 29, 2025 approved the appointment of Takeuchi as MD and CEO for a further period of three years till March 31, 2028, Maruti Suzuki India said in a regulatory filing. Takeuchi was first appointed as Managing Director and Chief Executive Officer with effect from April 1, 2022, consequent to the completion of the term of his predecessor Kenichi Ayukawa on March 31, 2022. He has been on the Board of Maruti Suzuki since July 2019 and was Joint Managing Director (Commercial) from April 2021 till his elevation. He joined Suzuki Motor Corporation (SMC) in 1986 and has a vast experience in the international operations at SMC as well as in overseas markets.

Q3 results Jan 29: Maruti, Tata Motors, Adani Power to post earnings today

Q3FY25 company results, January 29: Ambuja Cements, JK Paper, Bajaj Finance, Jindal Stainless, Hindustan Motors will be among 97 companies to release their reports for the Oct-Dec quarter

Market Today: Maruti, TaMo Q3; Nasdaq; FIIs; Denta Water, Dr Agarwal's IPOs

In the previous session, the Sensex gained 535.24 points, or 0.71 per cent, closing at 75,901.41. Similarly, the Nifty50 closed higher at 22,957.25, up 128.10 points or 0.56 per cent

Maruti Suzuki Q3 preview: Profit may climb up to 23%, revenue by 17% YoY

On the bourses, at 12:45 PM, Maruti Suzuki share was trading 0.21 per cent lower at Rs 11,965.15 per share. In comparison, BSE Sensex was trading 1.01 per cent higher at 76,128 levels

Maruti Suzuki to hike prices by up to Rs 32,500 across models from Feb 1

Car market leader Maruti Suzuki India on Thursday said it will hike prices by up to Rs 32,500 across various models from February 1 to partially offset the rise in input costs. Due to rising input costs and operational expenses, the company plans to increase car prices, starting February 1, 2025, Maruti Suzuki India said in a regulatory filing. "While the company is committed to optimising costs and reducing the impact on the customers, we are constrained to pass on some of the increased expenses to the market," it added. Under the revised prices, the company's compact car Celerio will see an increase in ex-showroom prices by up to Rs 32,500, while that of premium model lnvicto by up to Rs 30,000. The company's popular model Wagon-R price will go by up to Rs 15,000 while that of Swift by Rs 5,000. SUVs Brezza and Grand Vitara will see price hikes by up to Rs 20,000 and Rs 25,000, respectively. Entry-level small cars Alto K10 prices will rise by up to Rs 19,500 and that of S-Presso

Maruti Suzuki to offer short-term petrol, hybrid leases for EV customers

MSIL currently has a subscription service that allows customers to lease its petrol-run and strong hybrid vehicles on a flexible, long-term basis without ownership commitments