Thu, Jan 02, 2025
Maruti Suzuki shines with a thirty per cent sales surge in December, bullish EV plans, and strong demand; stock rallies three per cent as pending bookings surpass two lakh units.
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Total tractor sales (domestic + exports) increased 19.9 per cent at 22943 units in the last month, as against 19,138 units for the same period last year.
Fri, Dec 27, 2024
Osamu Suzuki's company's association with India reportedly became a game-changer for the Indian automotive industry when Suzuki joined hands with Maruti after turning down the Indian company's offer initially. It was only Osamu, who reportedly forced his company to reconsider the decision, as the two partners launched the Maruti Suzuki car in 1983.
Tue, Dec 05, 2017
These offers came after when the government has decided to push BS-VI fuel which has left plenty of stock with auto dealers with a surplus stock.
Fri, Dec 01, 2017
Utility vehicle sales, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza, increased by 34 per cent to 23,072 units in November from 17,215 in the same month of 2016, MSI added.
Sun, Nov 12, 2017
While Reliance Industries Ltd (RIL), HDFC Ltd, ITC, HDFC Bank, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap) for the week ended Friday, TCS, HUL, Infosys and State Bank of India (SBI) saw a jump in their valuation.
Thu, Nov 02, 2017
Reliance Industries saw its brand value grow by 9% during the year to stand at Rs 38,212 crore in 2017.
Wed, Nov 01, 2017
October had two of the top festivals, ie Dussehra and Diwali, falling during the month, but this year the impact of GST and demonetisation seems to still have its impact on consumer spending.
This was aided by a huge 24.7% growth in sales of the compact car segment of Maruti Suzuki, which includes cars such as the Swift, Ritz, Celerio, Ignis, Baleno, Dzire and Tour S.
Tue, Oct 31, 2017
Rural economy seems to be gaining momentum on account of increase in minimum support prices, farm loan waiver, 7th pay commission, as well as normal monsoon in most part of India.
Fri, Oct 27, 2017
The country's leading automobile company posted a revenue growth of 7.1% as its total revenue grew to Rs 21,768.2 crore in Q2 FY18 from Rs 20,322.7 crore in Q2 FY17.
Maruti Suzuki India Ltd, the country`s top-selling car maker, posted more than a 3 percent rise in its quarterly profit, beating analysts` estimates.
Tue, Oct 24, 2017
The retail car sales during the week before Diwali accounts for 25-30% of the total sales for the year. This is as most of the new cars are purchased during the festive period.
Thu, Oct 19, 2017
Sony, YouTube, BMW, Mercedes Benz and British Airways are the other brands to feature in the top 10.
Fri, Oct 13, 2017
Two-wheeler and passenger vehicle volumes are expected to grow at CAGR of about 11% over FY17-19 during the Diwali period.
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.
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.
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.
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.
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.
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.
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.
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.
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