Suzuki Motor Corp

Japan's Suzuki Motor Corporation on Thursday said it will introduce six battery electric vehicles in India by FY2030 as part of its growth strategy and achieve carbon neutrality by 2070 as per the target set by the government. In the growth strategy for FY2030 shared on BSE by its Indian arm Maruti Suzuki India, Suzuki Motor Corporation (SMC) said in India, it will provide not only battery EVs but also carbon-neutral internal combustion engine vehicles using CNG, biogas and ethanol mixed fuels. On its battery EV introduction plan, SMC said, "In India, we will introduce the SUV battery EV announced at the Auto Expo 2023 in FY2024, with six models to be launched by FY2030". By FY2030, the company said battery EVs will account for 15 per cent of its total product portfolio, while internal combustion engine vehicles will be 60 per cent and hybrid electric vehicles at 25 per cent. The company's arm Maruti Suzuki India is the largest passenger vehicle maker by sales in the country. At th

Must consider alternatives like flex fuel and hybrid, says president of Japanese auto giant

Suzuki holds a 56.37 per cent stake in Maruti Suzuki

The company has worked towards meeting the mobility needs of consumers

TDSG's facility - the first in the country to make batteries with cell-level localisation - has an aggressive export target for the next three years

Suzuki Motorcycle India on Thursday said it has launched a 250cc sports adventure tourer V-Strom SX in the India market priced at Rs 2.11 lakh (ex-showroom, Delhi)

The standard edition of Avenis is equipped with an external hinge type fuel cap for ease of fuelling, large under-seat space and body mounted LED headlamp

Bengaluru's Mudappa won his fifth consecutive national title in the premier Super Sport 1051cc and above class for super bikes

Development brings Suzuki's India arm, Maruti Suzuki closer to the plans of introducing new tech vehicles, including hybrid and battery electric vehicles by 2025

Japanese automobile maker Suzuki Motor Corporation (SMC) on Thursday said it expects a 12.6 per cent decline in operating profit at 170 billion yen for this fiscal due to increase in raw material cost and R&D expenses, besides unclear outlook on the ongoing semiconductor shortage. Previously, the company did not issue any earnings guidance for the ongoing fiscal as it was "unable to rationally calculate the forecasts owing to the spread of the COVID-19 pandemic in the company's major market of India." "However, based on the latest situation and the trends in the company's operating results, we have determined the forecasts," SMC said in a statement. Accordingly, the company said it expects net sales to grow by 7 per cent year on year to 3,400 billion yen in the ongoing fiscal. SMC further said "as the outlook for semiconductor shortage is unclear, forecasts for the consolidated operating results" for the ongoing fiscal are "based on the assumption that the impact on plant ...

The Japanese auto major spells out its strategy for the first time and puts its India subsidiary at the centre of its plans

The announcement by Japan's fourth-biggest automaker comes less than a week after rival Honda Motor appointed a new CEO, who said he would consider alliances to make bold decisions.

The advice comes amid the Centre's clarion call to manufacturers across sectors to cut imports and become self-reliant

Suzuki said it booked an extraordinary loss of 15.4 billion yen during the quarter from virus-related factory shutdowns

The auto major also plans to locally manufacture hybrid systems in the country

Japan's fourth-largest automaker posted an operating profit of 51.8 billion yen

Through deepening partnership with Maruti, Toyota in India will be able to draw buyers

The company is hoping to sell 5 mn cars a year in the Indian car market which is expected to grow to 10 mn units annually by 2030; It is also planning Rs 90 bn fresh investments

TOKYO (Reuters) - Mazda Motor Corp <7261.T> and Suzuki Motor Corp <7269.T> conducted improper fuel economy and emissions tests on their vehicles, the latest in a series of compliance scandals in Japan's auto sector, the Nikkei business daily reported.

Current sales of electric cars in India remain negligible, mainly due to the high cost of batteries