Page 34 - Maruti Suzuki

High discounts, commodity prices may hurt Maruti profits for Oct-Dec

The Suzuki-owned firm, which sells every second car in the domestic market, had seen its profit grow for nine consecutive quarters until June 2019

Yen appreciation may put pressure on Maruti Suzuki earnings, stock price

The Japanese currency is up 5.2% against $ in 1 month

My dream is to have a dealership in the Himalayas, says Kenichi Ayukawa

Maruti Suzuki has defied every small and big disruption in the domestic car market, growing at double-digit rates year after year

Pole position

Maruti Suzuki has strengthened its grip on Indian roads and accounts for a 50% market share

Maruti Suzuki reports 1.3% decline in December sales at 128,338 units

The company had sold 130,066 units in December last year

Bharat Stage VI shift to hit Maruti Suzuki's 2019 diesel model sales

All the completely new models the car market leader launches in 2019-20 will be compliant with BS VI

Maruti Suzuki revises FY19 growth forecast to 8%; Dec may see marginal fall

A slowing growth rate at Maruti Suzuki is a worry for the overall industry growth

Taxing cars to promote EVs will only benefit rich: Maruti Suzuki chairman

Tax 2-wheelers also to promote e-mobility: Maruti Suzuki Chairman Bhargava

Maruti Suzuki export drops 19%, sales fall 0.7% in Nov amid sluggish demand

Indian automakers are grappling with high commodity prices and foreign exchange rates

Maruti Suzuki Beat The Heat campaign to connect with customers

Maruti Suzuki Beat The Heat campaign to connect with customers

Maruti drives past 500,000 cumulative sales mark for CNG models in 8 yrs

MSI's range of factory-fitted CNG vehicles are popular in Delhi NCR and across select cities in states of Gujarat, Maharashtra, Andhra Pradesh, Telangana, Odisha, UP and Punjab

Maruti Suzuki to slip into single-digit growth lane in FY19 after 4 years

It needs to grow at a rate of at least 15% in the December-March period to finish the year with a double-digit volume growth

Maruti Suzuki's Q3 margins to be hit by sluggish demand, higher costs

Automaker is expected to report year-on-year fall in volumes in December, adding pressure to the stock

Maruti Suzuki to hike prices of vehicles across models from January

The company, however, did not specify by how much the prices of its vehicles would increase

Working overtime to meet BS-VI norm ahead of April 2020 deadline: Maruti

Firm has reinforced manpower in its engineering and R&D in order to be able to meet norms ahead of schedule

Festive sales below expectation, grew by six per cent: Maruti Suzuki

Maruti Suzuki does better in rural market due to three good consecutive monsoons and the government increasing support prices for crops.

Maruti Suzuki paring production amid slowing sales and tepid demand

The company's efforts to align production with sales have started showing results

Festive season remains lacklustre for Maruti Suzuki, sales flat in October

Industry wary of headwinds like high fuel price and insurance cost

Maruti Suzuki may see margin decline in Q3 due to volume, cost headwinds

With sales volumes disappointing at the start of the festival season, Maruti Suzuki, the country's largest passenger vehicle company, could be facing a difficult December quarter.This is on account of both lacklustre demand and higher input costs. The company is hopeful of a recovery closer to the Diwali season, led by rural demand. However, flooding in Kerala, higher insurance, financing and fuel costs have derailed demand.After flat sales growth in July and a three per cent drop in August, volumes in September rose by only 0.7 per cent, resulting in a 1.5 per cent fall in the September quarter. Given a weak October so far, volumes would have to rise sharply for the company to meet its full-year forecast for 2018-19 of double-digit volume growth. It had achieved 10.5 per cent growth in the first half of the financial year. The demand outlook, given the Rs 3,500 year-on-year increase in average discounts in the September quarter to Rs 18,750, does not bode well. The other worry for ..

In just 17 months from launch, Maruti Dzire crosses 300,000 sales milestone

The country's largest carmaker Maruti Suzuki India (MSI) Monday said the latest version of its sub compact sedan Dzire has crossed three lakh cumulative sales milestone in 17 months from the launch. The company introduced the third generation Dzire in May 2017. "The sales of new Dzire shot up 28 per cent compared to the previous generation car," MSI Senior Executive Director (M&S) R S Kalsi said in a statement. He added that 25 per cent of customers have opted for the model's top variants, which are loaded with new features. "Nearly 20 per cent of the buyers have chosen the automatic variant," Kalsi said.