Maruti Suzuki

The total domestic sales were up from 132,248 units in April last year to 143,558 units this year

Maruti Suzuki Fronx is expected to sell for Rs 8 lakh and to around Rs 14 lakh (ex-showroom)

Vehicle safety group Global NCAP on Tuesday said it has given one- and two-star safety ratings for adult occupant protection to Maruti Suzuki India's popular models WagonR and AltoK 10, respectively after conducting crash tests. Both the models scored zero stars for child occupant protection as per the Global NCAP's latest round of crash tests. The company, however, said its vehicles meet India's crash safety regulations which are almost similar to the standards in Europe. Global NCAP rates vehicles from zero to five based on their safety features and automobiles with a higher rating are considered safer for occupants. According to its latest test, Global NCAP stated that the Alto K10 showed a stable structure and marginal to good protection for adult chest to head in the frontal impact but showed weak protection to the chest in the side impact. The WagonR also offered weak chest protection for the driver despite the improvements in the restraint systems by Maruti Suzuki since the

Firm has already posted a 5.6 per cent dip in March even as it says it took all possible measures to minimise the impact

Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in best-ever performance to date. The country's largest carmaker Maruti Suzuki India reported its highest wholesales to date at 19,66,164 units, up 19 per cent from 16,52,653 units in 2021-22. Its domestic dispatches rose to 17,06,831 units in 2022-23, up 21 per cent from 14,14,277 units in 2021-22 fiscal. Hyundai Motor India said its overall wholesales last fiscal were the highest ever since commencing operations in the country. The automaker dispatched 7,20,565 units to dealers last fiscal, up 18 per cent from 6,10,760 units in 2021-22. Its domestic dispatches rose to 5,67,546 units last fiscal, up 18 per cent from 4,81,500 units in the 2021-22 financial year. The country's second-largest carmaker said it was its best performance to date in terms of sales volume in the domestic market in a financial year. Tata Motors also

Highest ever passenger vehicle sales in a financial year

Maruti Suzuki India on Saturday said its total sales declined marginally to 1,70,071 last month as compared with 1,70,395 units in March 2022. Total dispatches to dealers in the domestic market declined 3 per cent to 1,39,952 units as compared with 1,43,899 units in March 2022. Exports last month however increased 14 per cent to 30,119 units from 26,496 units in the year-ago period. For the last financial year, the company reported its highest ever wholesales till date at 19,66,164 units, up 19 per cent from 16,52,653 units in 2021-22. Domestic dispatches stood at 17,06,831 units in 2022-23 as against 14,14,277 units in 2021-22. Exports rose to 2,59,333 units from 2,38,376 units a year ago.

Maruti Suzuki India is targeting for its premium vehicles sold through the Nexa retail outlets to be more than the respective overall sales of Hyundai and Tata Motors by next year, according to Senior Executive Officer, Marketing and Sales, Shashank Srivastava. The Nexa retail chain, started in 2015 to sell Maruti Suzuki's premium vehicles, has crossed the cumulative sales milestone of 20 lakh units. It currently sells models such as Baleno, Ignis, Ciaz, XL6 and Grand Vitara. Upcoming SUVs Fronx and Jimny will also be sold through the chain. The company, which has decided to increase prices of its vehicles from April, feels that response of consumers to the increase in vehicle prices by auto manufacturers to meet regulatory requirements needs to be watched out for, although it expects passenger vehicle sales to grow between 5 per cent and 7.5 per cent in FY24. "We have completed the two million mark for the Nexa. The first million came in four years, the next million has come in thr

This is Maruti's second price increase this year

Maruti Suzuki India on Thursday said it will increase prices of its model range in April to partially offset the impact of "overall inflation and regulatory requirements". The auto major, however, did not share the quantum of the price hike it intends to implement from next month. The company continues to witness increased cost pressure driven by overall inflation and regulatory requirements, the auto maker said in a regulatory filing. While the company makes maximum effort to reduce cost and partially offset the increase, it has become imperative to pass on some of the impact through a price increase, it added. The company has planned this price increase in April, 2023, which shall vary across models, Maruti Suzuki India stated. Already several automakers, including Honda Cars, Tata Motors and Hero MotoCorp, have announced increase in prices from April. The Indian automobile industry is currently working to make their products meet the second phase of BSVI emission norms. From

Slowdown began showing up in Jan, though there has been some improvement in March second half

Maruti Suzuki India on Friday said it has launched CNG trims of its compact SUV Brezza priced between Rs 9.14 lakh and Rs 12.05 lakh (ex-showroom Delhi). Brezza S-CNG trims come mated with five-speed manual transmission and deliver a fuel efficiency of 25.51 km/kg, the auto major said in a statement. "We are confident that the Brezza will once again disrupt the segment with the S-CNG version," Maruti Suzuki India Senior Executive Officer Marketing & Sales Shashank Srivastava noted. The company's S-CNG models currently account for 24 per cent of the overall sales, he added. "And CNG sales for models such as the Ertiga and WagonR account for as high as 57 per cent and 41 per cent of total model sales, respectively," Srivastava stated. Moreover, with the government's initiatives aimed at the proliferation of CNG pumps across the nation, these numbers are likely to see a surge in the coming years, he added.

ICICI Securities said this is sentimentally positive for the company and a confidence boosting measure

Maruti Suzuki India and Hyundai Motor India saw a dip in their market share in February while Tata Motors, Mahindra and Kia India witnessed an year on year increase last month. As per the retail sales data collated by the Federation of Automobile Dealers Associations (FADA), Maruti Suzuki's retail sales last month stood at 1,18,892 units as compared with 1,09,611 units in February 2022. The auto major's market share however declined marginally to 41.40 per cent in February from 42.36 per cent in the year-ago period. Similarly, Hyundai Motor India's market share last month dipped to 13.62 per cent against 14.95 per cent in February 2022. The company retailed 39,106 units last month as compared with 38,688 units in the same month last year. As per FADA, Tata Motors retail sales rose to 38,965 units in February from 34,055 units in the year ago period. Its market share rose to 13.57 per cent last month from 13.16 per cent in February 2022. Similarly, Mahindra & Mahindra saw its ...

Maruti Suzuki India expects semiconductor shortage to continue for the next few quarters leading to further increase in order backlog of certain models, according to a senior company official. The country's largest carmaker has seen its pending bookings stretch to 3.69 lakh units with Ertiga leading the pack with close to 94,000 bookings. Other models like Grand Vitara and Brezza have an order backlog of around 37,000 and 61,500 units, respectively. Further, the company has received around 22,000 and 12,000 bookings, respectively, for Jimny and Fronx. Due to the chip shortage, Maruti Suzuki India (MSI) has already witnessed a production loss of close to 46,000 units in October-December period and is expecting some impact on the production in the ongoing quarter as well. "The semiconductor shortage still continues. Last quarter we lost 46,000 units due to this issue and this quarter also the problem continues for a few models," Maruti Suzuki India Senior Executive Officer (Marketin

Driven by strong demand, the overall passenger vehicle dispatches crossed 3.35 lakh units in February as automakers, including Maruti Suzuki India, Hyundai, Tata Motors and Mahindra & Mahindra, reported robust sales during the month. The dispatches of more than 3.35 lakh units last month marked an 11 per cent over February 2022. It was also the highest ever overall wholesales in the month of February. The country's largest carmaker Maruti Suzuki India on Wednesday said its domestic wholesales rose 11 per cent to 1,55,114 units in February as compared with 1,40,035 units in the same month last year. The sales of mini segment cars, comprising Alto and S-Presso, grew to 21,875 units as against 19,691 units in February 2022. According to the automaker, the sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR, rose to 79,898 units in February as compared with 77,795 units in the year-ago month. Utility vehicles, consisting of Brezza, Ertiga, S-Cross

Maruti Suzuki says proudly that they have helped to sell at least one car in 4.18 lakh villages

Maruti Suzuki India on Friday said it has increased prices of its premium compact model Ignis by up to Rs 27,000 (ex-showroom Delhi) with the addition of new features. The model is now being equipped with electronic stability programme (ESP) and Hill Hold Assist as standard feature across all the variants providing an added safety shield for customers, the country's largest carmaker said in a regulatory filing. The Ignis is also compliant with the upcoming E20 and Real Driving Emission (RDE) norms, it added. "The price change varies across trims and ranges up to Rs 27,000 (ex-showroom - Delhi)," Maruti Suzuki India said. The new prices are effective with immediate effect, it added.

At the moment, Tata Motors, Hyundai Motors India and Mahindra and Mahindra lead the SUV market