Suzuki Motors

With the aim to tap into the global BEV market, Suzuki will begin the mass production of the BEV in Gujarat in 2025. The company expects the sales to hit by summer 2025

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 ..

The board of Maruti Suzuki approved the allotment of 12,322,514 equity shares to Suzuki having a face value of Rs 5 each at a price of Rs 10,420.85 per equity share

Suzuki has continued with its four-cylinder engines at a time when most carmakers have shifted to three-cylinder units

Rs 45,000 cr to go towards boosting capacity by 2 mn, says Bhargava

Suzuki Motor Corporation on Wednesday said it has inked a pact with National Dairy Development Board (NDDB), and Gujarat-based Banas Dairy to set up four biogas plants in Gujarat with an investment of around Rs 230 crore. The three-party agreement between Suzuki R&D Center India, a wholly- owned subsidiary of Suzuki, NDDB and Banas Dairy was inked in Tokyo on Wednesday. The project is aimed at making fuel for automobiles by refining methane from biogas, which is generated by fermenting cow dung, the Japanese carmaker said in a statement. Four biogas production plants will be operated from 2025 in Banaskantha district of Gujarat, it added. Total investment on the four plants is expected to be Rs 230 crore, Suzuki said in a statement. Also, a biogas filling station will be established alongside each plant, which will distribute fuel for CNG vehicles in which Maruti Suzuki holds over 70 per cent market share in India, it added. "Suzuki is tackling to reduce greenhouse gas in ways ..

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

Marut Suzuki India on Monday said its board has approved the acquisition of the entire stake in Suzuki Motor Gujarat from Japan-based parent Suzuki Motor Corporation. Currently, Suzuki Motor Corporation (SMC) owns a 100 per cent stake in Suzuki Motor Gujarat (SMG) which supplies its entire production to Maruti Suzuki. Maruti Suzuki board in its meeting held on Monday approved the termination of the contract manufacturing agreement with SMG, the auto major said in a regulatory filing. The company's board also approved to exercise the option to acquire SMG stake from SMC subject to all legal and regulatory compliances including minority shareholders' approval. The auto major expects to complete the transaction by March 31, 2024. It noted that the mode of acquisition including consideration to be paid to SMC shall be decided in a subsequent board meeting. With the growth of the Indian car market and export potential, Maruti Suzuki would need to increase its production capacity to ab

India has the potential to become the number one automotive market in the world and small cars have an important role to play in it, Suzuki Motor Corporation Representative Director and President Toshihiro Suzuki said on Wednesday. In an interaction with reporters on the sidelines of Auto Expo 2023 here, he also said electric vehicles alone will not be the solution to India's quest for carbon neutrality and the company will explore other technologies such as flex fuels, hybrids and CNG. Besides, Suzuki said while safety issues have become important for automobiles, there is a need to strictly follow the basic traffic rules and also developing adequate infrastructure to ensure road safety. "I can see that there can be a time when India would be positioned as number one market (of automobiles) in the world. Maruti Suzuki and Suzuki as a group, we would like to capture this opportunity. We would like to develop technology for providing the right mobility solutions to this market," he .

Pre-Covid it had predicted that the market would reach 10 million

Japanese auto major Suzuki Motor Corporation on Tuesday reported a two-fold year-on-year increase in operating profit at 89.8 billion yen (around Rs 5,000 crore) in the second quarter ended September 30, 2022. Net sales in the period under review stood at 1,154.1 billion yen (around Rs 64,000 crore), an increase of 39.3 per cent over 828.2 billion yen in the same period last year. The company attributed the rise in operating profit to sales volume growth across markets, including India, which offset the impact of higher raw material prices. Suzuki said its automobile sales across markets for the April-September period stood at 14.63 lakh units as compared to 12.55 lakh units in the same period last year. On the business outlook for the rest of the year, the automaker noted: "While there is no change in our perception that the risk of global recession is increasing, we have revised the forecast upward to reflect the progress of the first half of the fiscal year and the review of uni

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

With more than 238,000 of the 570,000 units exported from India in fiscal 2022, Maruti Suzuki overtook Hyundai Motor India as the foremost passenger vehicle exporter

Reliance Industries (RIL) will hold its 45th Annual General Meeting (AGM) via video conferencing today at 2 pm on Monday, August 29

In March this year, Suzuki Motor Corporation announced that it would invest around 150 billion yen (about Rs 10,445 crore) by 2026, for local manufacturing of Battery Electric Vehicles

In a Q&A, Hisahi Takeuchi also explains why the company won't be able to launch its first EV in the affordable segment

Suzuki has decided to build a new electric vehicle production line in India with the aim of starting operations as early as 2025, Nikkei said, without identifying the source of its report

The scramble for the humble product highlights rising economic risks for the South Asian country as imports slump, foreign exchange reserves plummet and a potential sovereign default looms

Declining trend in royalty payment unlikely to cushion the fall

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