Page 21 - Maruti Suzuki

Maruti Suzuki achieves 2 million vehicle export milestone from India

The country's largest carmaker Maruti Suzuki India (MSI) on Saturday said it has achieved the milestone of 20 lakh cumulative exports. The auto major achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat. "The company has been exporting vehicles for past 34 years much before India became a prominent player in the global automobile business.This early global exposure helped the company enhance its quality and attain global benchmarks," MSI MD and CEO Kenichi Ayukawa said in a statement. The automaker currently exports 14 models comprising nearly 150 variants, to over 100 countries, he noted. "Vehicles manufactured at our facilities in India have found high acceptance owing to global standards of quality, safety, design and technology," Ayukawa said. Going forward, the company has aligned itself with the evolving needs of customers in African and Latin American nations, he noted. "With a flur

Japan's Suzuki Motor bets big on India for its record sales target

Intends to sell 3.7 mn units globally by 2025, with 67% contribution from Asia

Maruti launches all-new Swift with price starting at Rs 5.73 lakh

The top of the line version is priced at 8.41 lakh (ex-showroom Delhi)

Maruti Suzuki weighing its options on launching Jimny in India

The carmarker is evaluating the feasibility of launching its off-roader Jimny in the domestic market

Top headlines: 10 Indian startups may get $10 bn in IPO, IBC set to resume

Bitcoin reached a new record on Sunday, rising above $49,000 for the first time. Read Business Standard's top stories here

Maruti Suzuki moves up the gears, plans to become an aspirational brand

To that end, it has worked hard on design tweaks and technological upgrades in its models, besides overhauling its retail network in a big way

Keeping track of cost structure amid rising commodity prices: Maruti Suzuki

Increasing commodity prices, specially those of rhodium and palladium, which are used in catalysers to meet strict emission norms, are putting cost pressure on automobile makers, according to a senior official of Maruti Suzuki India. The company, which had hiked prices of its vehicles in January, however is not planning to pass on the burden to consumers in the near future although it is keeping a close eye on its cost structure. With the supply of semiconductors becoming a challenge for the automotive industry, Maruti Suzuki is also watching the situation closely although it will have normal supply this month. "In commodities, prices have gone up dramatically this year, especially that of steel, and rhodium and palladium, which are used in catalysers of BS-VI vehicles. "Demand across the world has gone up but its mining happens only in Russia and South Africa. There, the mining was much lesser because of the pandemic," Maruti Suzuki India Executive Director (Marketing & Sales) ...

Tata Motors, Maruti: Rally in auto stocks may pause for now, say analysts

The rally in auto stocks may pause for now as demand cools off and companies grapple with supply-side issues, say analysts

Sales of Maruti's CNG variants move in top gear amid spike in fuel prices

Improving network of CNG and increase in number of cities where natural gas is now available have also been fuelling growth, company says

Bull-run enters 6th day; Sensex soars 617 pts, Nifty ends above 15,100

Weightage-wise, Infosys (up 3 per cent), Reliance Industries, ICICI Bank, M&M, and TCS contributed around 408-points towards overall gains on the index

Maruti Suzuki reports 4.3% increase in total sales to 160,752 units in Jan

The country's largest car maker Maruti Suzuki India reported a 4.3% increase in total sales to 1,60,752 units in January

Life Gets Good with the Maruti Suzuki Next-Gen Ertiga

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Maruti Suzuki Q3 net profit zooms 24% to Rs 1,941.4 crore on higher sales

Can't raise prices despite higher production cost, says firm

Margin pressures outweigh volumes, may keep Maruti Suzuki stock subdued

The company is cautious on passing on raw material cost hikes to protect volumes

Sensex ends 535 points lower, Nifty just above 13,800; Maruti falls 3.5%

A sharp fall in the US markets on Wednesday and weak opening in other Asian markets weighed on sentiment of domestic investors causing the Sensex to drop nearly 900 points in intra-day trade

Top headlines: PM pledges more India-made vaccines, Maruti Q3 profit up 26%

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F&O Expiry: Sensex sinks 536 pts; broader mkts outperform; bank stocks up

In the broader market, the S&P BSE MidCap index ended 0.4 per cen lower while the smallcap counterpart closed down 0.45 per cent.

Maruti Suzuki posts 26% rise in Q3 profit at Rs 1,997 crore; revenue up 13%

During the quarter, Maruti sold a total of 4.95 lakh vehicles, up 13.4 per cent on YoY basis

Stocks to watch: Axis Bank, HUL, Maruti Suzuki, IndiGo, PVR, ABFRL, Nalco

Aditya Birla Fashion and Retail (ABFRL) has announced a strategic partnership with designer brand Sabyasachi

Maruti Suzuki Q3 results preview: Analysts see up to 30% YoY growth in PAT

According to the monthly sales data, Maruti sold 4.95 lakh units in the December quarter of FY21, up 13.4 per cent from 4.37 lakh units sold in the year-ago quarter