Page 32 - Maruti Suzuki

Maruti Suzuki stock unlikely to pick pace; Q1 net profit declines 27%

However, it is still on better terrain than competitors, say analysts

Maruti, Hyundai skip rural slump, manage to increase sales in FY19

Hyundai's rural sales were 17.3 per cent of its FY19 total, as against 15.6 per cent a year before

Maruti Suzuki slips 2%, hits over two-year low amid earnings concerns

In the past three months, MSIL has underperformed the market by falling 22 per cent, as compared to 1 per cent decline in the S&P BSE Sensex

Suzuki launches new 155cc Gixxer: Check out the price, specifications

The new bike is also equipped with a freshly designed instrument cluster and distinctive front and rear combination LED headlights

Maruti Suzuki slashes production by 16% in June, posts fifth cut in a row

The car market leader had cut total production by over 18 per cent in May

CCI orders probe into how Maruti Suzuki and its dealers control discounts

The CCI has asked its investigations unit to complete the probe within 150 days

Antitrust body CCI orders probe of Maruti Suzuki's discounting practices

Practice setting limits on discounts offered by car dealers is illegal, says Indian law.

Swift, Alto, six other Maruti models among top 10 best selling PVs in May

Maruti Suzuki's popular hatchback Swift was the best-selling model last month clocking 17,039 unit

Maruti Suzuki cuts production in May for 4th month in row, output down 18%

MSI had cut production by around 10% across its factories in April

Maruti to shift from motorsports to experential events to keep with trends

Having withdrawn its association with various motorsports events in search of wider consumer audience, the country's largest carmaker Maruti Suzuki India (MSI) is now formulating experiential initiatives to connect with younger buyers, according to a senior company official. The auto major, which has pulled out of marquee events like Raid de Himalaya, Desert Storm, Dakshin Dare and Autocross Championship, is now in the process of giving a final shape to its next level of engagement with consumers with plans to start programmes like track events and inter city expeditions. "We found out from research that the consumers wanted something experiential. It was not enough for MSI to be seen as a company associated with motorsports (only), but subsequently they wanted something more which was something related with experiential driving," MSI Executive Director, Marketing & Sales Shashank Srivastava told PTI. The consumer, who is slightly younger now, is becoming more aspirational and ...

Maruti Suzuki to invest Rs 24 crore to set up 5 MW solar plant at Gurugram

Maruti Suzuki India Wednesday said it will invest Rs 24 crore to set up a 5 MW solar power plant at its Gurugram facility. The company recently laid the foundation stone for the captive solar power plant which is expected to be commissioned in the current financial year, Maruti Suzuki India said in a statement. The proposed plant will help offset CO2 emissions to the tune of over 5,390 tonnes annually, for the next 25 years, it said adding that the plant would be the second grid based solar power plant for Maruti Suzuki. The first solar power plant was set up in 2014 at Manesar, with 1 MW capacity. In 2018, it was further expanded to 1.3 MW. "This solar power initiative is in line with the company's philosophy to adopt environment friendly technologies and lower CO2 emissions," Maruti Suzuki India MD & CEO Kenichi Ayukawa said. Through this solar power plant facility the company will harness renewable energy for its business needs over next 25 years, he added.

Competition watchdog probing allegations against Maruti, say reports

The CCI is looking into allegations that Maruti forces its dealers to limit the discounts they offer, effectively stifling competition among them and harming consumers

Indian Railways eyes Maruti cars to boost freight business by 2030

At present, around 28 routes have been notified for operation of bi-level auto car wagons by the railways rakes

Maruti opens Center of Excellence in ITI-Becharaji; to train 7,000 annually

The CoE will cater to students of ITI-Becharaji as well as students from other ITIs across Gujarat

How Maruti suppliers are reorienting strategies after diesel phase out plan

Hitting a speed-breaker

Maruti Suzuki cuts production by 10% in April for third consecutive month

It had also reduced production in February and March this year.

Maruti Suzuki sales plummet 17.2% in April, export rises 14.6%

In a BSE filing, Maruti said that its export sales rose 14.6 per cent from 8,008 vehicles in April 2018 to 9,177 vehicles this year

Maruti launches Ertiga with 1.5 litre diesel engine at Rs 9.86 lakh

The model is currently powered by 1.3 litre diesel powertrain sourced from Fiat

Cost-cutting, localisation, improve margins: Maruti's priorities for the yr

MSI plans to shift its entire portfolio to petrol, CNG powertrains.

Maruti's exit from diesel could be a blessing in disguise for competitors

Many automakers may not pull the plug on diesel vehicles