industry growth

Maruti Suzuki: Maruti bets on new-gen models to race past industry growth

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Maruti Suzuki: Maruti bets on new-gen models to race past industry growth

Maruti Suzuki India is aiming to outpace the domestic industry this fiscal by selling about 2 million vehicles, marking an 8.1% increase, according to a plan shared with the automaker’s suppliers at a two-day vendor meet in Antalya, Turkey that began on Monday. Maruti’s targeted growth is 350-500 basis points higher than the auto industry … Read more

Maruti Suzuki: ​​Small cars likely to stage a comeback by 2026 amid rising entry-level incomes, says Maruti Suzuki chairman RC Bhargava

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Maruti Suzuki: ​​Small cars likely to stage a comeback by 2026 amid rising entry-level incomes, says Maruti Suzuki chairman RC Bhargava

Small cars may stage a comeback by 2026 as the income of customers at the entry level rises and scooter and motorcycle owners start upgrading, Maruti Suzuki chairman RC Bhargava told ET in an interview. He dismissed the argument that two-wheeler and first-time car buyers have become aspirational and are leapfrogging to mid-sized cars and … Read more