Suzuki Motors

India has potential to be No 1 auto market; small cars key: Suzuki prez

India has the potential to become the number one automotive market in the world and small cars have an important role to play in it, Suzuki Motor Corporation Representative Director and President Toshihiro Suzuki said on Wednesday. In an interaction with reporters on the sidelines of Auto Expo 2023 here, he also said electric vehicles alone will not be the solution to India's quest for carbon neutrality and the company will explore other technologies such as flex fuels, hybrids and CNG. Besides, Suzuki said while safety issues have become important for automobiles, there is a need to strictly follow the basic traffic rules and also developing adequate infrastructure to ensure road safety. "I can see that there can be a time when India would be positioned as number one market (of automobiles) in the world. Maruti Suzuki and Suzuki as a group, we would like to capture this opportunity. We would like to develop technology for providing the right mobility solutions to this market," he .

Suzuki Motor sees Indian PV market at 7-8 mn by 2030, Maruti aims 50% share

Pre-Covid it had predicted that the market would reach 10 million

Suzuki Motor Q2 operating profit jumps two-fold on improved sales

Japanese auto major Suzuki Motor Corporation on Tuesday reported a two-fold year-on-year increase in operating profit at 89.8 billion yen (around Rs 5,000 crore) in the second quarter ended September 30, 2022. Net sales in the period under review stood at 1,154.1 billion yen (around Rs 64,000 crore), an increase of 39.3 per cent over 828.2 billion yen in the same period last year. The company attributed the rise in operating profit to sales volume growth across markets, including India, which offset the impact of higher raw material prices. Suzuki said its automobile sales across markets for the April-September period stood at 14.63 lakh units as compared to 12.55 lakh units in the same period last year. On the business outlook for the rest of the year, the automaker noted: "While there is no change in our perception that the risk of global recession is increasing, we have revised the forecast upward to reflect the progress of the first half of the fiscal year and the review of uni

Suzuki Motor Corp's India arms gear up for long electrified journey

TDSG's facility - the first in the country to make batteries with cell-level localisation - has an aggressive export target for the next three years

Maruti to ramp-up exports; targets shipments worth Rs 20,000 cr in 3 years

With more than 238,000 of the 570,000 units exported from India in fiscal 2022, Maruti Suzuki overtook Hyundai Motor India as the foremost passenger vehicle exporter

Top Headlines: RIL AGM today; Suzuki Motor to set up EV battery unit & more

Reliance Industries (RIL) will hold its 45th Annual General Meeting (AGM) via video conferencing today at 2 pm on Monday, August 29

PM meets Suzuki Motor Corp advisor, discusses EV investment opportunities

In March this year, Suzuki Motor Corporation announced that it would invest around 150 billion yen (about Rs 10,445 crore) by 2026, for local manufacturing of Battery Electric Vehicles

We will regain 50% market share gradually: Maruti Suzuki CEO

In a Q&A, Hisahi Takeuchi also explains why the company won't be able to launch its first EV in the affordable segment

Japan's Suzuki Motor to invest $1.3 bn for EV production in India: Report

Suzuki has decided to build a new electric vehicle production line in India with the aim of starting operations as early as 2025, Nikkei said, without identifying the source of its report

Shortage of Suzuki car mirrors reflects Sri Lanka's growing economic crisis

The scramble for the humble product highlights rising economic risks for the South Asian country as imports slump, foreign exchange reserves plummet and a potential sovereign default looms

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

Declining trend in royalty payment unlikely to cushion the fall

Top headlines: Birla exits as Vi's non-exec chairman; 4th medal for India

Business Standard brings you the top headlines on Wednesday

Top headlines: India Inc earnings estimate upgrade, India woos Tesla

Reliance Jio has bagged more than 50 per cent of the total quantum of airwaves sold by paying Rs 57,122.65 crore. Of the 855.6 megahertz of spectrum sold, Jio has got 488 megahertz

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

Suzuki Motor's 91-year old chairman is retiring: Report

The firm's chairman, Osamu Suzuki, is retiring, the Nikkei newspaper reported on Wednesday

Suzuki Motor forecasts full-year operating profit to shrink by a quarter

Suzuki Motor Corp forecast operating profit to fall by a quarter to 160 billion yen ($1.53 billion) in the year to March as sales, including in its key Indian market, shrank amid coronavirus pandemic

Suzuki first-quarter profit nearly wiped out as coronavirus hits sales

Suzuki declined to offer forecasts for full-year profit and dividends, citing ongoing uncertainties

Suzuki Motor's Q2 operating profit dips 32% amid demand slump in India

Sales in India, where MSI has nearly 50 per cent market share, were down 26.5 per cent at 6.75 lakh units

After US, Suzuki exits Chinese market as well; transfers stake to partner

The retreat from China after a quarter of a century follows an exit from the US car market in 2012 after three decades there

Pace of growth in Suzuki Motor's India earnings from Maruti declines

Royalty, too, is down as a share of revenue and will continue to see a gradual fall in the near future