Maruti Suzuki news: Maruti Suzuki plans to dispatch 35% of total vehicle production via railways in 7-8 years

Maruti Suzuki news: Maruti Suzuki plans to dispatch 35% of total vehicle production via railways in 7-8 years

Maruti Suzuki India plans to utilise Indian Railways to transport 35 per cent of the vehicles produced across its factories over the next 7-8 years, according to MD and CEO Hisashi Takeuchi. The share of vehicle dispatches through railways scaled to 21.5 per cent in the 2023-24 fiscal from 5 per cent in 2014-15. The … Read more

Maruti Suzuki news: Maruti Suzuki cuts its models’ prices; makes ASG variants ‘more affordable’

Maruti Suzuki news: Maruti Suzuki cuts its models’ prices; makes ASG variants ‘more affordable’

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

Maruti Suzuki results: Maruti Suzuki reports 47.8% surge in Q4 net profit driven by strong sales & product mix

Maruti Suzuki results: Maruti Suzuki reports 47.8% surge in Q4 net profit driven by strong sales & product mix

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