New Delhi: Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 3,50,257 lakh units last month as compared to 3,35,436 in the same month a year ago, registering a … Read more
Mumbai: Car market leader, Maruti Suzuki India has fired its first salvo to revive small car sales. The local arm of the Japanese carmaker has launched limited editions of Alto K10, Celerio and S-Presso models under the “Dream Series” at Rs4.99 lakh. It has also reduced prices of the automatic (auto gear shifts) variants of … Read more
Maruti Suzuki India announced a price reduction for various models on Saturday in its Auto Gear Shift (AGS) lineup.The company revealed the price reduction through an official statement, noting that the reduction applies to several of its models. These include the Alto K10, S-Presso, Celerio, Wagon-R, Swift, Dzire, Baleno, Fronx, and Ignis. The price cut … Read more
New Delhi/Tokyo: Japanese car maker Suzuki Motor Corporation on Monday said it will continue to expand SUV portfolio in India to recover its overall market share in the passenger vehicle segment. The company, which currently has around 58 per cent stake in Maruti Suzuki India, said its net sales increased by 732.6 billion yen (15.8 … Read more
Maruti Suzuki India is gearing up to launch the next-generation Maruti Suzuki Swift, a heavily updated version of the third-gen platform, featuring a new design, an all-new engine, and updated interior layout with new features. Bookings and Launch Date Pre-bookings for the next-gen Swift are already underway, with interested customers able to book online or … Read more
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
New Delhi: Maruti Suzuki India, the country’s largest carmaker, Friday reported record revenue, profit and vehicle sales for the quarter as well as the financial year ended March, helped by robust demand for higher-margin sport utility vehicles (SUVs). Lower commodity prices and a cost-cutting drive also aided the financials of the carmaker which has popular … Read more
The country’s largest carmaker Maruti Suzuki Friday met street estimates to report a 47.8% increase in net profit at Rs 3,877.8 crore for the fourth quarter ended March 31, 2024 driven by strong sales and better product mix.Brokerage firm Prabhudas Lilladher had expected the company to post a 48% in net profit at Rs 3,884 … Read more
In the race of returns, gold appears to have left the S&P BSE Sensex behind by miles in 2024. The yellow metal has approximately given 13% returns on a year-to-date (YTD) basis as against a 4% gain delivered by India’s heartbeat index. In the 30-stock index, 10 have given returns superior to gold in 2024. … Read more
New Delhi, Maruti Suzuki India on Tuesday said it has expanded the production capacity of its Manesar facility by one lakh units per annum. The auto major has added a vehicle assembly line to the existing Plant-A of the three manufacturing plants functioning at Manesar, in Haryana. “The new vehicle assembly line has the capability … Read more
