Thu, Jan 25, 2024
This strategic alliance reinforces the company's long term association with J&K Bank.
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Wed, Jan 10, 2024
"We will invest Rs 35,000 crore for the construction of a second car plant in Gujarat which would produce another one million units per year," Suzuki said.
Sun, Jan 07, 2024
In home loans which are floating rates the repo rate increase comes immediately into the retail loan rates but in the case of auto, almost 98 per cent is fixed rate loans.
Tue, Jan 02, 2024
Total passenger vehicle production last month stood at 1,19,518 units as against 1,24,135 units in December 2022, down 3.72 per cent, it added.
Maruti Suzuki sales declined in December... Where is the pressure on domestic sales coming from? Where did exports get support from? Special conversation with Shashank Srivastava, Senior Executive Officer (Marketing & Sales), Maruti Suzuki
The stocks of TVS Motor, Mahindra & Mahindra, Bajaj Auto, and Escorts Kubota were also trading lower on BSE after most of the automakers failed to meet Zee Business research estimates in terms of sales numbers for December.
Mon, Jan 01, 2024
Market leader Maruti Suzuki, Hyundai Motor India, Tata Motors and Toyota Kirloskar Motor reported their best-ever annual sales in 2023. The record sales have been achieved despite an increase in the average price of vehicles to Rs 11.5 lakh last year as compared to Rs 10.58 lakh in 2022.
Fri, Dec 22, 2023
The new institute would come up at Kansala in Rohtak, Haryana and will be operational next year.
Sun, Dec 10, 2023
Passenger vehicle makers such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Honda and Audi have also announced plans to increase vehicle prices in January.
Wed, Dec 06, 2023
Suzuki Motor Gujarat Private Ltd (SMG), which runs the car manufacturing plant at Hansalpur, is a wholly-owned subsidiary of Maruti Suzuki and commenced operation in February 2017.
Mahindra & Mahindra said it has initiated complimentary roadside assistance, no-cost inspection and damage assessment and financial relief through special discount to its customers in the affected areas.
Mon, Dec 04, 2023
"Good sales in the month of November, good demand in the festive season": Shashank Srivastava, Senior Executive Officer - Marketing & Sales, Maruti Suzuki India
At around 10:44 a.m., Marurti Suzuki shares were down 1.04 per cent, or Rs 109.6, at Rs 10,474.45 apiece on BSE. The market capitalisation of the company stood at Rs 3,16,412.25 crore at around the same time.
Fri, Dec 01, 2023
The production of utility vehicles, including Brezza, Grand Vitara, Ertiga and Jimny, however, rose to 45,483 units last month as compared with 29,294 units in November 2022.
Maruti Suzuki sales in November 2023: The company's total domestic sales, comprising passenger vehicles, commercial vehicles and third-party supplies, were at 1,41,489 units last month as against 1,39,306 units in the year-ago period, up 1.57 per cent, Maruti Suzuki India said in a regulatory filing.
Tue, Nov 28, 2023
Maruti Suzuki India shares jumped on Nov 28 as investors responded positively to the company's decision to raise car prices in January 2024 to counter rising input costs. The stock price surged by nearly 0.4%, reaching within Rs 290 of its record high. This video delves into the factors driving the price hike and the implications for Maruti Suzuki's financial outlook.
The news of Maruti Suzuki's decision to raise prices followed similar announcements from homegrown rival Tata Motors and German luxury carmaker Audi as rising input costs eat into the margins for the entire auto space.
Mon, Nov 27, 2023
This price increase shall vary across models,” said the company in an exchange filing on Monday, November 27.
Fri, Nov 24, 2023
Maruti Suzuki India on Friday said its board has approved allotment of over 1.23 crore shares to its parent Suzuki Motor Corporation (SMC) on a preferential basis for the acquisition of 100 per cent stake in Suzuki Motor Gujarat.
Sun, Nov 05, 2023
MSI currently has an installed production capacity of around 23 lakh units per annum spread across its plants in Haryana and Gujarat. Bharti said the initiative "comes at a small cost" as it involves a slightly suboptimal format of production.
Thu, Nov 02, 2023
Results got support due to increase in volume in Q2... Production increased due to reduction in semiconductor problems: Shashank Srivastava, Senior Executive Officer- Marketing & Sales, Maruti Suzuki India
Auto stocks: October turned out to be a strong month for automobile manufacturers as the festive season, lower base, and discounts on entry-level models boosted sales across passenger vehicles (PVs), two-wheelers (2Ws), commercial vehicles (CVs) as well as original equipment manufacturers (OEMs).
Mon, Oct 30, 2023
The benchmark Nifty50 zoomed 0.49 per cent or 93.65 points to 19,140.9, while the 30-stock BSE Sensex advanced 0.52 per cent or 329.85 points, to 64,112.65.
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