Page 12 - Maruti Suzuki

Multiple headwinds override valuation comfort in Maruti Suzuki

While earnings estimates are cut, analysts hint at volume and margin recovery

Maruti wants sub-brand Nexa to contribute a larger share of the top line

Historically, Maruti's biggest advantage has been understanding what customers want

2022 Maruti Baleno ups the game for hatchbacks with superior looks, comfort

Step into the newly launched 2022 Baleno and a few things immediately become crystal clear

Volkswagen unveils new mid-sized sedan Virtus in India; launch in May

The company has commenced pre-bookings for the new model which competes with the likes of Honda City, Hyundai Verna, Maruti Suzuki Ciaz and Skoda Slavia

Maruti Suzuki gets global recognition for its annual report

The Maruti Suzuki Annual Integrated Report achieved 100 per cent in six out of eight parameters

Maruti shares tank 6% on marginal decline in February sales

Shares of Maruti Suzuki India (MSI) on Wednesday tumbled 6 per cent after the company reported a drop in total wholesales in February.

Maruti Suzuki reports total production of 169,692 units in February

Maruti Suzuki India on Wednesday said its production witnessed a marginal increase last month. In a regulatory filing, the auto major reported total production of 1,69,692 units in February, compared to 1,68,180 units in the same month last year. "The shortage of electronic components had a minor impact on the production of vehicles during the month," it added. MSI said total passenger vehicle production stood at 1,65,672 units last month, against 1,65,783 units in February last year. Production of mini cars comprising Alto and S-Presso models stood at 24,285 units last month, compared to 28,213 units a year ago. Manufacturing of compact cars, comprising WagonR, Celerio, Ignis, Swift, Baleno and Dzire, however, increased to 95,968 units from 91,091 units in February 2021, MSI said. Production of utility vehicles -- Gypsy, Ertiga, S-Cross, Vitara Brezza and XL6 -- increased to 33,191 units last month from 32,501 units in the corresponding month of 2021. The company reported a dro

Maruti Suzuki sales decline marginally in February to 164,056 units

Last month, the company's domestic sales slipped 8.46% to 140,035 units

Maruti Suzuki: Genuine accessories available online in over 100 cities

The company said users can search accessories based on the vehicle model, variant and product category

Maruti Suzuki drives in new WagonR: Check price, specifications

The country's largest carmaker Maruti Suzuki India (MSI) on Friday launched the updated version of its hatchback WagonR priced between Rs 5.39 lakh and Rs 7.10 lakh (ex-showroom).

Maruti drives in Baleno to increase hold over premium hatchback segment

The Baleno and Swift together have given 60% market share to the company in the premium hatchback segment

Maruti Suzuki expects sales momentum to continue with better chip supplies

Maruti Suzuki India Managing Director and CEO Kenichi Ayukawa said that the company could even reach the 2018-19 peak volume level if the chip supply remained adequate

Maruti Suzuki drives in new Baleno: Price, other details here

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday launched the all new version of its premium hatchback Baleno priced between Rs 6.35-9.49 lakh (ex-showroom). The manual trims of the model are priced between Rs 6.35 lakh and Rs 8.99 lakh while the automatic variants (with auto gear shift technology) are tagged between Rs 7.69 lakh and Rs 9.49 lakh. Speaking at the launch, MSI Managing Director and CEO Kenichi Ayukawa said the auto major along with its vendor partners has invested around Rs 1,150 crore on the development of the all new Baleno. "With focus on technology and innovation, the new-age Baleno is set to re-energise the premium hatchback segment with several first-in segment features. The new-age technology and features along with fresh look, premium interiors and special focus on safety will take the customer experience to a new high," he noted. He further said: "Based on Baleno's popularity and customer feedback, we are now aiming to take it to the ne

Maruti Suzuki plans to take car subscription business to more cities

The company is getting more than 7,000 enquiries every month. But the conversion rate is low with 100-110 enquiries getting converted to actual order and Maruti wants to improve that

Suzuki, Tata Motors, M&M, Bajaj among 20 cos selected under auto PLI scheme

New entrants like Hop Electric Manufacturing Private Limited, Ola Electric Technologies Private Limited have also been selected under new non-automotive investor

Maruti expects production activity to pick up in Q4 as chip supply improves

The auto major is also looking at ways, including bolstering its SUV portfolio, in order to get back to 50 per cent market share in the domestic passenger vehicle segment in the years ahead.

Maruti Suzuki reports marginal increase in production in January

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it has witnessed a marginal increase in production last month. In a regulatory filing, the auto major reported a total production of 1,61,383 units in last month as compared to 1,60,975 units in January 2021. "The shortage of electronic components had a minor impact on the production of vehicles during the month," it noted. MSI said total passenger vehicle production stood at 1,57,668 units last month, against 1,56,439 units in January 2021. Production of mini cars comprising Alto and S-Presso models stood at 23,321 units last month as compared to 27,665 units a year ago. Manufacturing of compact cars, comprising WagonR, Celerio, Ignis, Swift, Baleno, and Dzire, rose to 87,165 units from 86,282 units earlier, MSI said. Similarly, production of utility vehicles -- Gypsy, Ertiga, S-Cross, Vitara Brezza, and XL6 -- increased to 33,550 units last month from 29,199 units in the corresponding month of 2021. The

Maruti Suzuki sales dip 4% to 154,379 units in January 2022

The company had sold 160,752 units in January 2021

Maruti Suzuki surges 11% in 2 days post Q3 results; hits fresh 52-week high

Ebitda margins, which improved 250 bps QoQ at 6.7 per cent in Q3, was the real positive surprise with savings realised under all costs line items, analysts said

Product launch success key for Maruti Suzuki to sustain stock rally

A strong Q3, order book and easing chip availability situation to support sentiment