Suzuki Motor Corp

Suzuki Motor Corporation on Monday unveiled its first mass-production battery electric vehicle -- the e Vitara -- in Europe. Production of the model is slated to commence at Suzuki Motor Gujarat in India in spring 2025, with sales expected to begin in various countries, including Europe, India, and Japan, around summer 2025, the Japanese automaker said in a statement. Maruti Suzuki India plans to launch the model next year. Suzuki has about 58 per cent stake in Maruti Suzuki India. The e VITARA is based on the concept model "eVX", which was showcased at the Auto Expo held in India in January 2023, and at the Japan Mobility Show in October same year. The model marks Suzuki's first global strategic BEV model. "The e Vitara is our first BEV, developed through repeated trial and error to create an easy-to-use BEV for our customers," Suzuki Motor Corporation President and Representative Director Toshihiro Suzuki said. To realise a carbon-neutral society, the company will provide a var

As car demand slows in India, dealer stock levels across the entire industry have surged to alarming heights

Suzuki Motor Corporation on Wednesday said it will focus on aspects like light body structures and usage of small batteries to power its models including electric vehicles across various markets, including India. Outlining the company's technology strategy for the next ten years, the Japanese automaker stated that compact and light vehicles not only reduce CO2 emissions during use, but also reduce the resources and CO2 emissions in production, thus contributing to resource conservation and CO2 reduction. The automaker, which has around 58 per cent stake in the country's largest carmaker maruti Suzuki India, said it will further evolve the light-weight and safety body 'HEARTECT', and also work to minimise energy consumption through weight reduction technology. For battery electric vehicles and hybrid vehicles, the company said it aims to provide its customers with the most energy-efficient electric vehicles based on the renewal energy ratio and usage conditions in each country and ..

Suzuki Motorcycle India Pvt Ltd on Friday said it has partnered with SMFG India Credit Co Ltd (formerly Fullerton India Credit Co) to provide financing on purchase of its two-wheelers. The two companies have entered into an MoU for the same, Suzuki Motorcycle India Pvt Ltd (SMIPL) said in a statement. SMFG India Credit is registered as a Non-Banking Financial Company-Investment and Credit Company (NBFC-ICC) with the Reserve Bank of India, and a member of Sumitomo Mitsui Financial Group (SMFG), it added. "Considering our continuous growth in the Indian market, it becomes imperative for us to associate with financiers who can facilitate ease of purchasing Suzuki two-wheelers. The idea is to offer flexible, yet easy retail finance offers, keeping in mind the needs of our customers," SMIPL Managing Director Kenichi UMEDA said. "We are confident that our engagement with SMFG India Credit will be another step in enhancing our ability to cater to the needs of our growing customer base in

Japanese carmaker Suzuki Motor will invest 350 billion rupees ($4.21 billion) for a second car plant in India's Gujarat state, its president said on Wednesday at an investment summit in India

The production line would also make gasoline-powered cars and would reach an expected capacity of 250,000 units a year, the newspaper added

This is the first time that sales for Suzuki have crossed the mark of 100,000 in a given month

Maruti says it wants to have multiple powertrain production at multiple locations under single control

Maruti will take over EV production at Gujarat site, replacing Suzuki Motor Corp

Suzuki Motor Corporation will continue to invest aggressively to grow the automobile industry in India, a senior company official said on Thursday. "We will continue to make investments aggressively to grow the industry and make people happy in India and continuously contribute to Atmanirbhar Bharat," Suzuki Motor Corporation Executive VP Kenichi Ayukawa said. In a tweet shared by the Finance Ministry, Ayukawa said Maruti Suzuki India has announced an increase in annual production capacity by one million units last month. "This could never have happened without the continuous support from the government of India," Ayukawa, who previously headed Maruti Suzuki India, stated. He noted that India is now the third-largest automobile market which is expected to expand in the future. "The automobile industry requires long-term, large scale capital investment. In this regard, the consistent support by the government to the manufacturing sector is very very important, also including the PL

Japan's Suzuki Motor Corporation on Thursday said it will introduce six battery electric vehicles in India by FY2030 as part of its growth strategy and achieve carbon neutrality by 2070 as per the target set by the government. In the growth strategy for FY2030 shared on BSE by its Indian arm Maruti Suzuki India, Suzuki Motor Corporation (SMC) said in India, it will provide not only battery EVs but also carbon-neutral internal combustion engine vehicles using CNG, biogas and ethanol mixed fuels. On its battery EV introduction plan, SMC said, "In India, we will introduce the SUV battery EV announced at the Auto Expo 2023 in FY2024, with six models to be launched by FY2030". By FY2030, the company said battery EVs will account for 15 per cent of its total product portfolio, while internal combustion engine vehicles will be 60 per cent and hybrid electric vehicles at 25 per cent. The company's arm Maruti Suzuki India is the largest passenger vehicle maker by sales in the country. At th

Must consider alternatives like flex fuel and hybrid, says president of Japanese auto giant

Suzuki holds a 56.37 per cent stake in Maruti Suzuki

The company has worked towards meeting the mobility needs of consumers

TDSG's facility - the first in the country to make batteries with cell-level localisation - has an aggressive export target for the next three years

Suzuki Motorcycle India on Thursday said it has launched a 250cc sports adventure tourer V-Strom SX in the India market priced at Rs 2.11 lakh (ex-showroom, Delhi)

The standard edition of Avenis is equipped with an external hinge type fuel cap for ease of fuelling, large under-seat space and body mounted LED headlamp

Bengaluru's Mudappa won his fifth consecutive national title in the premier Super Sport 1051cc and above class for super bikes

Development brings Suzuki's India arm, Maruti Suzuki closer to the plans of introducing new tech vehicles, including hybrid and battery electric vehicles by 2025

Japanese automobile maker Suzuki Motor Corporation (SMC) on Thursday said it expects a 12.6 per cent decline in operating profit at 170 billion yen for this fiscal due to increase in raw material cost and R&D expenses, besides unclear outlook on the ongoing semiconductor shortage. Previously, the company did not issue any earnings guidance for the ongoing fiscal as it was "unable to rationally calculate the forecasts owing to the spread of the COVID-19 pandemic in the company's major market of India." "However, based on the latest situation and the trends in the company's operating results, we have determined the forecasts," SMC said in a statement. Accordingly, the company said it expects net sales to grow by 7 per cent year on year to 3,400 billion yen in the ongoing fiscal. SMC further said "as the outlook for semiconductor shortage is unclear, forecasts for the consolidated operating results" for the ongoing fiscal are "based on the assumption that the impact on plant ...