Page 37 - Maruti Suzuki

Maruti plans new versions of Swift, Ertiga, Ciaz, Wagon-R in 12-18 months

It will launch the all-new version of its popular hatchback Swift at the upcoming Auto Expo

Nexa hit and miss in Maruti Suzuki's strategy of brand differentiation

Has Maruti Suzuki's strategy of brand differentiation made its mark beyond volume and dealer profitability to charting an up-market trajectory for its future cars? To be sure, with regards to selling cars that are priced above ~500,000, Maruti has been steadily closing in on rival Hyundai, which boasts of higher sales on account of a larger portfolio of premium car models.Maruti sold 239,067 cars from its Nexa outlets as compared to Hyundai's 352,886, excluding the entry level model Eon, in the first 10 months of the current financial year. Nexa's share in Maruti's overall retail mix has been increasing - it was 19.5 per cent in the first 10 months of 2017-18, up from 10.9 per cent for the full year that ended on March 31, 2017. R S Kalsi, executive director, sales and marketing, at Maruti Suzuki, was not available for a comment but experts said the company needed to leapfrog from product dominance to overall excellence in premium brand imagery. "It (Nexa) is led purely by products ..

Maruti Suzuki India hikes prices by up to Rs 17,000 across models

Country's largest carmaker Maruti Suzuki India (MSI) today said it has increased prices of its models by up to Rs 17,000 in order to partially offset rise in input costs. In a regulatory filing, it said the hike will range between Rs 1,700 and Rs 17,000 across models owing to increase in commodity, administrative and distribution costs. MSI sells a range of models starting with hatchback Alto 800 to premium crossover S-Cross, priced between Rs 2.45 lakh and Rs 11.29 lakh (ex-showroom Delhi). The company had said last month that it will take a price increase from this month. Tata Motors has already increased prices of its vehicles by up to Rs 25,000 from January 1. Various automakers including, Hyundai Motor India, Honda Cars, Mahindra & Mahindra have already announced to increase prices from this month. These companies are however yet to announce price increase for their respective vehicles.

Maruti to unveil SUV-inspired concept compact car at Auto Expo 2018

The global premiere of ConceptFutureS will take place at Auto Expo to be held from February 9-14

Maruti Suzuki on a cash ride, coffers expand by 28%

The domestic car sales volume of the company is also growing at 15%

Maruti Suzuki: The Rs 125 stock that hit Rs 10,000 in 14 years

If you were among the lucky few who got subscription to and have held on to this stock, you would now be sitting on a whooping near 8,000% return. Back in 2003, the government divested 25 per cent stake in Maruti Suzuki Limited (Maruti Udyog Limited as it was known then) at Rs 125 per share. The stock debuted on the exchanges on July 09, 2003 and ended the first trading at Rs 164 levels, nearly 32 per cent higher than the issue price.From its issue price, Maruti (MSIL) has zoomed 7,900% to cross Rs 10,000 mark in intra-day deals today on the BSE. It is now the fifth most valued stock by market capitalisation (market-cap) at around Rs 3-lakh crore - only below Reliance Industries (RIL), TCS, HDFC Bank and ITC. A recent Motilal Oswal study puts Maruti among the top five wealth creators during 2012 - 17, pegging the wealth created at Rs 1.41-lakh crore in this period.And if analysts are to be believed, the stock still has miles to go.Incorporated in 1981 under the Companies Act, 1956, ...

Maruti Suzuki enters top-5 club of most valuable companies

Thus far in the calendar year 2017, Maruti Suzuki India has outperformed the market by surging 83% as compared to 27% rise in the S&P BSE Sensex.

Maruti Suzuki's market share an aberration by global standards

There is an aberration in the Indian passenger vehicle (cars, vans and utility vehicles) market, the world's fifth biggest and one of the fastest growing. The largest player, Maruti Suzuki, not only sits on what is considered an abnormally high market share, compared to market leaders in other big markets. It also continues to expand on its market. Maruti is now at a market share of 50.4 per cent, up from 47.3 per cent last year. Compare this with some other top markets and the leader there. In China, the world's biggest market, Volkswagen is the largest, with a share of 17 per cent. In America, the second biggest, GM is leader with 18 per cent. In Japan, home to Maruti's parent, Suzuki, the biggest player, Toyota, has 28 per cent. In Germany, fourth largest, Volkswagen is leader with 21 per cent. Ford leads the British market with a share of about 12 per cent. In none of these is the leader a share even close to a third. Most hover at a fifth or even lower. One exception is South ...

Maruti follows Tata Motors, Honda; to raise car prices by up to 2% from Jan

Other automakers such as Ford, Toyota Kirloskar Motor, Skoda and Isuzu already announced price hikes from early next year

Can Maruti Suzuki stock hit Rs 10,000 levels?

In its latest report on the outlook for global auto companies for 2018, Maruti Suzuki with a price target of Rs 9,843 features among the top regional pick for 2018

EV foray to keep Maruti ahead in the race

The Maruti Suzuki stock hit a new 52-week high after the company's Japanese parent, Suzuki on Friday formally unveiled plans to introduce electric vehicles (EVs) in India by 2020 with technical support from Toyota. Currently, under an agreement with the parent, Maruti already sources gasoline/diesel cars produced by Suzuki in India. The formal agreement means that Suzuki will manufacture the EVs in collaboration with Toyota (to be sold by Maruti) and also develop the entire EV ecosystem (including charging stations) in the country. The latter is crucial and will give Maruti a head-start as well as competitive edge over peers.Though Suzuki had already announced in April that it will set up a manufacturing joint venture with Toshiba and Denso to make lithium ion batteries at a cost of Rs 1,150 crore, it is critical given that EVs are currently very expensive in the Indian market. Analysts at UBS say it is not possible to expect significant subsidy for EVs as they remain a product for ...

Maruti Suzuki, Tata Motors, Skoda don the greasepaint

With swanky showrooms and VR-enabled sales platforms Maruti Suzuki, Tata Motors, Skoda bet on shine and gloss, place their faith in experiential branding

Maruti Suzuki to build e-cars as govt plans to electrify vehicles by 2030

Maruti Suzuki's chairman said there was still no clear roadmap on how the government aimed to achieve its target and a lot would depend on that

Maruti Suzuki profit, hit by low non-operating income, rises 3%

Firm confident of being number one player in electric vehicles' segment

Maruti Suzuki Q2 net up 3.4% at Rs 2,484 cr

Net sales increase 7% to Rs 21,438 cr

Leopard enters Maruti plant in Manesar, morning shift scrapped

Thousands of workers, who arrived for the morning shift at around 7 am, have been asked to stand outside the plant due to safety reasons

Maruti's Arena will pamper mass buyers

The company knows reimagining existing showrooms won't be easy; so it is working hard to ensure minimum disruptions

Maruti Suzuki sees opportunities in electric vehicles

Company says it will start work on these as soon as consumer preference for EVs is visible

Auto stocks trade higher after Maruti Suzuki clocks 26% jump in Aug sales

Maruti's growth will also ensure a double digit growth in industry's sales for the month

Maruti Suzuki continues to lead PV market; 7 models in top 10 list

The company's premium hatchback Baleno was the second best selling model with 19,153 units