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Maruti Suzuki ties up with Jammu & Kashmir Bank to provide financing solutions to dealers

Maruti Suzuki ties up with Jammu & Kashmir Bank to provide financing solutions to dealers

Thu, Jan 25, 2024

This strategic alliance reinforces the company's long term association with J&K Bank.

Maruti to invest Rs 35k cr to set up second manufacturing plant in Gujarat: Toshihiro Suzuki

Maruti to invest Rs 35k cr to set up second manufacturing plant in Gujarat: Toshihiro Suzuki

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.

Possible increase in auto loan interest rates could impact PV sales: Maruti Suzuki official

Possible increase in auto loan interest rates could impact PV sales: Maruti Suzuki official

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.

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Maruti Suzuki’s compact cars push sales growth to 11% in September

Maruti Suzuki’s compact cars push sales growth to 11% in September

Sun, Oct 01, 2017

This growth in the passenger car segment was mainly due to the huge 44.7% growth of the compact segment of Maruti Suzuki.

Competition in electric vehicle segment moves into high gear with top car makers entrance

Competition in electric vehicle segment moves into high gear with top car makers entrance

Wed, Sep 06, 2017

Car makers in India such as Maruti Suzuki, Hyundai and Tata Motors are gearing up with plans to launch their own electric vehicles.

Anticipation of strong festive season growth boosts automobile sales in August

Anticipation of strong festive season growth boosts automobile sales in August

Mon, Sep 04, 2017

Car sales in the festive season is expected to see a huge growth and in anticipation there was a build-up in inventories at the dealership level.

Car manufacturers post mixed sales in August; CV sales make big recovery

Car manufacturers post mixed sales in August; CV sales make big recovery

Fri, Sep 01, 2017

Top car makers such as Maruti Suzuki, Hyundai, Tata Motors and Mahindra posted a growth in sales during August, however Ford India and Toyota Kirloskar Motors posted a decline in sales.

Retail car demand remains muted in August despite wholesale sales build-up for festive season

Retail car demand remains muted in August despite wholesale sales build-up for festive season

Thu, Aug 31, 2017

While wholesale car sales are expected to rise in August due to dealerships stocking up for the festive season, retail car sales seem to be muted in the month due to pre-buying.

Maruti Suzuki launches new Ciaz S price starting at Rs 9.39 lakh

Maruti Suzuki launches new Ciaz S price starting at Rs 9.39 lakh

Thu, Aug 17, 2017

The new sporty Ciaz S comes with a lot of modifications to the exterior and comes with the top-end engine specifications of the Ciaz.

Maruti chief Ayukawa's salary up 6% at Rs 4.2 crore in 2016-17

Maruti chief Ayukawa's salary up 6% at Rs 4.2 crore in 2016-17

Tue, Aug 15, 2017

One of the important faces of the company, Maruti Suzuki Chairman R C Bhargava received a total remuneration of Rs 99 lakh in FY17, out of which Rs 91.5 lakh was commission and Rs 7.5 lakh was fee for attending board and committee meetings.

Stocks that Morgan Stanley thinks may cross $10 billion market cap in the next three years

Stocks that Morgan Stanley thinks may cross $10 billion market cap in the next three years

Mon, Aug 14, 2017

On the back of double-digit and two-year forward earnings growth, there are 14 "mega stocks" dominated by private sector financials and consumer discretionary, which will outperform the markets in coming three years, a Morgan Stanley report said.

Maruti Suzuki to setup 150 True Value outlets by March 2018 as part of revamp

Maruti Suzuki to setup 150 True Value outlets by March 2018 as part of revamp

Thu, Aug 10, 2017

Maruti Suzuki will open 150 True Value outlets by March 2018 as part of its revamp of the pre-owned cars unit.

Automobile companies feel the impact of GST in Q1 results

Automobile companies feel the impact of GST in Q1 results

Fri, Aug 04, 2017

Several automobile companies reported an impact due to the rollout of GST and a one-time charge incurred as they had compensate dealerships for unsold inventory.

Why automobile retail sales in July remained muted despite positive wholesale figures

Why automobile retail sales in July remained muted despite positive wholesale figures

Thu, Aug 03, 2017

Sales of automobiles at the retail level remain muted during the month of July chiefly due to the pre-GST sales during the month of June.

GST gives good growth momentum to car sales in July

GST gives good growth momentum to car sales in July

Tue, Aug 01, 2017

Automobile sales in July saw a huge surge in sales due to the implementation of GST and higher wholesale sales due to stocking at dealership level.

Vitara Brezza helps Maruti Suzuki sell 20% more cars in July 2017

Vitara Brezza helps Maruti Suzuki sell 20% more cars in July 2017

Tue, Aug 01, 2017

Compact cars like Swift, Ritz, Celerio, Ignis Baleno and Dzire sales were up 25.3%, at 63,116 units.

Demand for new car launches pushes Maruti Suzuki's wait period beyond 16 weeks

Demand for new car launches pushes Maruti Suzuki's wait period beyond 16 weeks

Fri, Jul 28, 2017

New car launches such as Baleno, the new Dzire and Vitara Brezza have a wait period of 16-20 weeks due to the surge in demand.

Exports remain a sore point for Maruti Suzuki in Q1

Exports remain a sore point for Maruti Suzuki in Q1

Thu, Jul 27, 2017

Maruti Suzuki's net profit grew by 4.4% in Q1 FY18. While domestic sales grew by a robust 14.3%, exports remained flat during the quarter.

Buying a car? These 10 cars saw massive sales drop in June 2017

Buying a car? These 10 cars saw massive sales drop in June 2017

Wed, Jul 12, 2017

Passenger car sales in India dropped 11.21% from 1,94,932 units in June 2017 from 2,13,331 units in the same month of last year. However, the cars that saw worse sales drop included Toyota Corolla, Maruti Suzuki S-Cross and Swift.

Seven out of top 10 cars sold in June were Maruti Suzukis; see list

Seven out of top 10 cars sold in June were Maruti Suzukis; see list

Wed, Jul 12, 2017

Maruti Suzuki is the market leader when it comes to car sales in India and June was no different. Data provided by Society of Indian Automobile Manufacturers (SIAM) show that seven out of the top 10 cars that were sold in India in the month of June 2017 belonged to Maruti Suzuki.

Nissan cuts prices on average by 3%; Tata Motors reduces prices by up to 8.2%

Nissan cuts prices on average by 3%; Tata Motors reduces prices by up to 8.2%

Thu, Jul 06, 2017

Nissan and Tata Motors joins in the line of car companies that have announced a reduction in prices due to the implementation of GST.

Car sales expected to bounce back in July on lower prices, deferred purchases

Car sales expected to bounce back in July on lower prices, deferred purchases

Tue, Jul 04, 2017

Car companies reported a decline in sales during the month despite the heavy discounts due to deferred purchases by buyers as a result of GST.

Why pre-GST discounts offered by car makers fail to sway buyer in June as sales fall

Why pre-GST discounts offered by car makers fail to sway buyer in June as sales fall

Mon, Jul 03, 2017

Car companies in the month of June saw a decline in sales even despite offering large discounts due to the implementation of GST from July 1.

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