India’s car market is on track to reach 20 million units by 2047, helped by promising growth in battery electric vehicles, Suzuki Motor Corp. Executive Vice President Kenichi Ayukawa said. First, the goal is for Maruti Suzuki India Ltd., the Japanese carmaker’s subsidiary, to grab 50% market share by 2030, from around 40% for the … Read more
A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. Tomohiro Ohsumi | Getty Images News | Getty Images Japan’s largest carmaker Toyota has … Read more
Toyota Motor Corporation Board Chairman Akio Toyoda bows during a press conference in Tokyo on June 3, 2024. Toyota said on June 3 it had suspended domestic shipments of three car models after falling foul of government certification rules along with its Japanese rivals Honda, Mazda, Suzuki and Yamaha. Yuichi Yamazaki | Afp | Getty … Read more
New Delhi: Japanese auto major Suzuki Motor Corp expects car sales in India to grow 2% in the ongoing financial year and its local subsidiary, Maruti Suzuki, to perform better than the market, helping it recover lost market share in the country.India is a bright spot for the Japanese auto giant, accounting for as much … Read more
Toyota Motor Corp’s Indian subsidiary is embarking on the most aggressive sales expansion plan in its more than 25-year-old presence in the country. This will see the maker of Fortuner and Innova Hycross models establish a footprint in India’s smaller cities with select re-badged versions of comparatively affordable car models from Maruti Suzuki (India) as … Read more
Ahmedabad: Car market leader Maruti Suzuki India will be investing a cumulative Rs38,200 crore in Gujarat as part of a broader plan to double the output in India to 4 million units by FY31. In his address at the Summit’s inaugural event, T Suzuki, representative director and president Suzuki Motor Corp said that the Indian … Read more
