Page 16 - Maruti Suzuki

Maruti Suzuki Swift crosses 2.5 million cumulative sales milestone

The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said its premium hatchback Swift has crossed 25 lakh cumulative sales milestone in over 16 years of its launch in the country. The model, which was the country's leading model in terms of sales in the last fiscal, has transcended its records by clocking cumulative sales of 2.5 million units, MSI said in a statement. Swift had created the premium hatchback segment in the country with its launch in 2005. "With its launch in 2005, Swift heralded the start of the premium hatchback segment in India... million Swift lovers. The No. 1 selling car of FY20-21, the sporty Swift has created a glorious legacy with its scintillating looks and power-packed performance," MSI Senior Executive Director (Marketing & Sales) Shashank Srivastava noted. Swift is not a car, it is a feeling, an emotion and a refreshing new thought process that challenged many notions around hatchbacks, he added. "This success is a testament to the love .

No easy rides: Why is India becoming a graveyard for world's auto majors?

India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, writes T N Ninan

Semiconductor chip shortage may keep Maruti Suzuki's margin in check

Declining trend in royalty payment unlikely to cushion the fall

MSIL brings advanced telematics tech in mass segment vehicles

The country's largest carmaker Maruti Suzuki India Ltd said it has introduced its advanced telematics technology, 'Suzuki Connect' in its mass segment vehicles sold through ARENA retail channel.

Top headlines: Rs 10,683-cr PLI for textiles; 8% dip in Maruti's production

Business Standard brings you the top stories this evening

Maruti Suzuki hikes prices by up to 1.9% due to increase in input costs

The country's largest carmaker Maruti Suzuki India on Monday said it has increased prices of its entire product range, except Celerio, by up to 1.9 per cent with immediate effect

Maruti Suzuki hikes prices of its cars due to rising input costs

India's largest carmaker Maruti Suzuki India said on Monday it has hiked prices of its cars due to rising input costs

Top headlines: Five years of Reliance Jio, Royal Enfield hits global road

Business Standard brings you the top headlines of the day

Maruti Suzuki announces its largest recall to rectify safety defects

The recalled vehicles will be inspected and if any fault is found in their motor generator unit, that will be replaced free of cost

Why mass passenger car makers are going slow on electric vehicles

In the absence of a specific policy push and incentives, launching models at a price point that is within the bounds of an average car buyer is still some distance away

Maruti reports 5% increase in total sales at 130,699 units in August

The country's largest carmaker Maruti Suzuki India Ltd (MSIL) on Wednesday reported a 5 per cent increase in total sales at 1,30,699 units in August 2021, amid electronic components shortage.

Tech view: Use dips to add auto stocks despite chip shortage concerns

Maruti Suzuki, Tata motors and M&M may see weakness at current levels, but the medium-term trend is highly bullish

Maruti Suzuki to slash output in September by 60% over chip shortage

Closure of Bosch plant in Malaysia hurt production in September

Maruti expects Sept production at 40% of normal output due to chip shortage

The usage of semiconductors in the auto industry has gone up globally in recent times

Maruti Suzuki sees production impact from semiconductor shortage

India's top car maker Maruti Suzuki expects production at its plants in the states of Haryana and Gujarat to be impacted in September due to a shortage of semiconductors, it said on Tuesday.

Maruti Suzuki to hike prices across models from Sept; stock rises 2.9%

The hike could be steeper than last three rounds, pushed by an exponential increase in prices of raw materials such as steel and copper, analysts said

Maruti Suzuki commences sixth round of MAIL initiative

Maruti Suzuki India on Friday said it has commenced taking applications for the sixth round of its Mobility and Automobile Innovation Lab (MAIL) programme. Early-stage startups working in mobility and automobile space are eligible to participate. The winning startups will get an opportunity to undertake a paid Proof of Concept (PoC) with the company, the auto major noted. These selected startups will be closely mentored by industry experts in the domestic and international startup ecosystem, it added. Besides, the participating startups will be provided with an opportunity to turn their innovative ideas into practical and disruptive solutions, and showcase their entrepreneurial capabilities, Maruti Suzuki India (MSI) said in a statement. "As a key stakeholder, we are committed to nurture and promote a culture of innovation in this dynamic industry. In the last two years, we have had an encouraging experience through the MAIL initiative. Already 25 startups are engaged with us and

Words alone won't help auto industry; concrete actions needed: RC Bhargava

A lot of statements were made by government officials supporting the automobile industry, but when it comes to taking actual steps nothing has really happened, Maruti Suzuki India Chairman said

Maruti chairman urges India Inc's managements to cut expenditure amid Covid

In the wake of the pandemic, building internal resources has to become a priority of industry and companies. It requires companies to have a more frugal style of management, says R C Bhargava

Semiconductor shortage temporary, expected to be over by 2022: Bhargava

Maruti Suzuki India has not had a major impact due to global semiconductor shortage, though its production has been hit partly, company Chairman RC Bhargava said on Tuesday