In a Q&A, Hisahi Takeuchi also explains why the company won't be able to launch its first EV in the affordable segment
Hisashi Takeuchi confirmed that multiple EV models would follow in due course once the company launches its first EV in 2025
The country's largest carmaker Maruti Suzuki India (MSI) on Friday said it has launched a new version of its multi-purpose vehicle Ertiga, priced between Rs 8.35-12.79 lakh (ex-showroom). The model comes with a 1.5 litre petrol engine paired with both manual and automatic transmissions. The auto major has also launched CNG trims of the vehicle. The model comes with hybrid technology and driven by an all-new advanced six-speed automatic transmission with paddle shifters. Ertiga's launch ten years ago was a significant moment in the Indian automobile industry, as it created a new segment that has been growing at a CAGR (compound annual growth rate) of 4.7 per cent," MSI Managing Director & CEO Hisashi Takeuchi noted. The next-gen Ertiga with advanced technology features comes with a new engine and an all-new transmission, he added. "As it stays true to its brand vision of providing comfort, technology, and safety features, while being fuel-efficient for customers, the next-gen ...
India's road transport ministry is firm on its plan and is pushing automakers to agree to the rules, two sources told Reuters
Among large-caps, Kotak Mahindra Bank, HDFC, ONGC and Maruti Suzuki among most-bought shares; ITC tops sell list
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"The next-gen Maruti Suzuki Ertiga will have thoughtful new-age features, an upgraded powertrain and advanced 6-speed automatic transmission," Shashank Shrivastava said
Over the past year, the cost of the company's vehicles continued to be adversely impacted due to increase in various input costs, the auto major said in a regulatory filing
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The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it will increase prices of its entire model range
CLOSING BELL: Besides, Kotak Bank, HUL, IndusInd Bank, Tata Steel, L&T, and Sun Pharma were the other top gainers
The company sold about 230,000 CNG units in 2021-22
The top five export models during the year included Baleno, Dzire, Swift, S-Presso and Brezza.
The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported a 2 per cent rise in total wholesales to 1,70,395 units in March.
The leadership change comes at a moment, when Maruti is facing challenges from new emission norms, EV and increased competition from rivals
Takeuchi joined Suzuki Motor Corporation (SMC) in 1986
Bhargava says fears over Suzuki's MoU with Gujarat unfounded
Stock market live updates: Opening Bell Stock market live updates: The key benchmark indices started Monday's session with mild gains amid ensuing uncertainty of the Russia-Ukraine war. The BSE Sense
Maruti's rivals, such as Hyundai and Tata Motors, have announced elaborate plans for electrification of their products
Suzuki Motor plans to invest 104.4 billion rupees ($1.37 billion) in its India factory to produce EVs and batteries, Maruti Suzuki India, majority-owned by the Japanese carmaker, said on Sunday.