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 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.
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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
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
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
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
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Company's new launch e-Vitara will be available with a range of more than 500 km
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The company is currently focused on strengthening its position in the SUV segment as part of its goal to achieve a 50 per cent market share in the Indian automobile market
Stock rides high on December's strong volumes and positive market sentiment
The Bharat Mobility Global Expo 2025, previously known as the Auto Expo will take place in Delhi from Jan 17 to 22, 2025. The occasion will showcase brands like Hyundai, Maruti Suzuki, and others
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The new Maruti Suzuki e-Vitara is set to make its debut at the Bharat Mobility Global Expo 2025 and is expected to go on sale in March 2025. Here's what you can expect from this exciting new release
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According to data available with BS, the number of rakes handled by Railways for the automotive sector between April, December of FY25 stood at 5,651 units, up from 5,198 rakes in FY24
In the month of December, Maruti Suzuki's total sales grew 29.5 per cent year-on-year (Y-o-Y) to 178,248 units as compared to 137,551 units a year ago
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