Maruti Suzuki India Ltd News

Maruti signs deal with Bihar govt to automate driving tests at 5 sites

Maruti Suzuki India on Wednesday said it has inked a pact with the Bihar government to automate driving license test tracks at Bhagalpur, Darbhanga, Gaya, Purnia and Saran. With zero human intervention, the automated driving test tracks are aimed to make license testing more comprehensive, efficient and transparent, the auto major said in a statement. "According to data shared by the Union Road Transport Ministry, 15.3 lakh lives were lost in road accidents in the 10 years between 2014 and 2023 in India," Maruti Suzuki India (MSI) Executive Officer Corporate Affairs Rahul Bharti said. Road accident death rate in the country is around 250 per 10,000 km as opposed to 119 in China, 57 in the US, and 11 in Australia, he added. "An important aspect of road safety is driver's skill and knowledge of traffic rules. Automated driving test tracks will ensure that license seekers are better prepared and only skilled drivers are awarded a driving license. This will bring a positive transformat

In a first, Maruti crosses annual production milestone of 2 mn vehicles

Fronx, Ertiga, WagonR and Brezza were the top five manufactured vehicles during the calendar year 2024

Maruti to add 2,760 service outlets by FY31: CEO Hisashi Takeuchi

In the previous financial year, FY24, MSIL added 400 service touchpoints, with 90 in the Nexa (premium) format and the remaining 310 in the Arena (affordable) format

Maruti Suzuki to increase service network to 8K touchpoints by 2030-31

Car market leader Maruti Suzuki India on Wednesday said it plans to increase its overall service network to 8,000 touchpoints by 2030-31, with an aim to reach closer to its customers. The company, which on Wednesday opened the 500th service touchpoint for its premium retail outlet NEXA, currently has 5,240 touchpoints across NEXA as well as ARENA -- the mass market retail chain. "Our aim is to consistently deliver convenience and superior car ownership experience to our customers. One way is by reaching closer to our customers so that they have assurance of finding a Maruti Suzuki service touchpoint nearby," Maruti Suzuki India MD & CEO, Hisashi Takeuchi said in a statement. He further said, "Going forward as we plan to substantially increase our annual production and sales, we will simultaneously strengthen our service network. Our plan is to expand our service network, including ARENA and NEXA service touchpoints, from about 5,240 to 8,000 by FY 2030-31." Maruti Suzuki opened ...

Will use multiple technologies to reduce carbon emissions: Maruti Suzuki MD

MSIL plans to launch its first electric car in India in January 2025. Not just MSIL, Hyundai and Kia will also launch their first mass-market electric cars in India next year

After Audi and Hyundai, Maruti Suzuki to raise car prices starting Jan 1

Several automakers have announced price increases for their vehicles starting January 2025, citing rising input costs, operational expenses, and supply chain disruptions

Maruti Suzuki sales rise 10% in Nov; Hyundai down 7%, TaMo up marginally

Maruti Suzuki India on Sunday reported a 10 per cent year-on-year increase in its total sales at 1,81,531 units in November. The automaker had dispatched 1,64,439 units to its dealers last November last year. Total domestic passenger vehicle wholesales were at 1,41,312 units as compared with 1,34,158 units in the year-ago month, a growth of 5 per cent, it added. Sales of mini segment cars, comprising Alto and S-Presso, stood at 9,750 units as against 9,959 units in November 2023. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR, declined to 61,373 units as compared to 64,679 units in the year-ago month. Utility vehicles, consisting of Brezza, Ertiga, Grand Vitara and XL6, clocked sales of 59,003 units last month as compared to 49,016 units earlier. Sales of van Eeco were at 10,589 units last month as against 10,226 units in November 2023, while that of light commercial vehicle Super Carry stood at 2,926 units as against 2,509 units earlier.

Maruti Suzuki achieves milestone of exporting 3 million cars from India

MSIL currently exports 17 models to nearly 100 countries worldwide. Countries in Latin America, Africa, Asia, and the Middle East are important export markets for the company

Maruti Suzuki looks beyond top 10 markets to boost CNG car sales

90% of firm's sales in the category comes from 10 states

RIL, Tata Motors, Titan: Over 50% Nifty stocks trade below 200-DMA

As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.

Growth in rural mkt balancing decline in small car sales: Maruti Suzuki

A revival in the rural market has helped in arresting the decline in sales of entry-level small cars, which saw a 10 per cent growth in retail sales in October, top company officials of Maruti Suzuki India said on Monday. The company, which launched all-new version of its compact sedan Dzire priced between Rs 6.79 lakh and Rs 10.14 lakh (ex-showroom Delhi), is bullish on enhancing its share in the sedans category despite the fast growth of SUVs and asserted that it would continue to cater to all segments to preserve its high market share in the domestic market. While the SUV segment has been growing, other segments are also important to the company to maintain high market share, Maruti Suzuki India (MSI) MD and CEO Hisashi Takeuchi told reporters here. "The compact sedan segment is very reliable. So from a business point of view, it is very good and secondly in order to retain decent market share, we have to have a presence in each of the customer segments," Takeuchi noted. MSI ...

Maruti Suzuki launches all-new version of Dzire to strengthen product range

Maruti Suzuki India on Monday introduced the all-new version of its compact sedan Dzire and said the automaker would continue to cater to all customer segments in order to preserve its high market share in the domestic market. The automaker introduced the new Dzire priced between Rs 6.79 lakh and Rs 10.14 lakh (ex-showroom Delhi). While the SUV segment has been growing, other segments are also important to the company in order to maintain high market share, Maruti Suzuki India (MSI) MD and CEO Hisashi Takeuchi told reporters here. He said Dzire has been a global success for the automaker with around 30 lakh units sold so far across markets. Takeuchi noted that the company has invested around Rs 1,000 crore on the development of the model. MSI Senior Executive Officer (Marketing and Sales) Partho Banerjee said the company's endeavour is to serve all customer segments. MSI currently has over 40 per cent market share (wholesales) in the overall domestic passenger vehicle segment. I

Maruti Suzuki looks to enhance exports with upcoming new Dzire sedan

Maruti Suzuki India is targeting markets like UAE, Saudi Arabia, Chile, Mexico and other Latin American countries with its upcoming new version of compact sedan Dzire to accelerate exports as it eyes over 3 lakh units of overseas shipments this fiscal, a senior company official said on Wednesday. In the domestic market, the company hopes to enhance its share in the sedan market amid the passenger vehicles market shifting towards SUVs (Sports Utility Vehicles), with the new Dzire which is slated for launch next week. "We have been growing (exports) at a rate of about 11.9 per cent in the first seven months of the financial year and we hope to continue on that momentum. So we hope to do more than about 3 lakh car exports within this financial year," Maruti Suzuki India Executive Director Corporate Affairs Rahul Bharti told PTI here. In contrast, just about four years ago, the company's exports were below one lakh per year, he added. "So, now we'll be doing about three times of that,

Maruti Suzuki eyes 850,000 export mark after historic high in October

EVs to play a key role in reaching 850,000 units in exports by 2030-31

Maruti Suzuki passenger car output falls 16%, utility vehicle rises 33%

Car market leader Maruti Suzuki India cut production of its passenger cars by 16 per cent last month but increased those of utility vehicles by 33 per cent compared to October 2023, according to a regulatory filing by the company. Its passenger cars production stood at 89,174 units last month against 1,06,190 units in October 2023, down 16 per cent, Maruti Suzuki India said in the filing. On the other hand, production of utility vehicles, including Brezza, Ertiga, Fronx, Jimny, XL6 and those supplied to Toyota Kirloskar Motor, rose 33.18 per cent to 72,339 units from 54,316 units in the year-ago month. Production of mini cars comprising Alto and S-Presso was down at 12,787 units last month against 14,073 units in October 2023. Similarly, production of compact cars Baleno, Celerio, Dzire, Ignis, Swift, WagonR and those supplied to Toyota Kirloskar Motor were lower at 75,007 units compared to 90,783 units in the same month last year. Mid-sized sedan Ciaz saw production inched up ...

Maruti Suzuki aims to boost festive sales with November wedding surge

With a record October month behind, the country's largest carmaker Maruti Suzuki India is banking on a "few lakhs marriages" slated for November to carry forward the festive sales momentum, according to a senior company official. The company clocked retail sales of 2,02,402 units last month, which is its highest for any October month on the back of festive sales, breaking the previous record of 1,91,476 units posted in October 2020. "We are made to understand that some 'few lakhs' marriages are being planned across the country (in November). So we are pretty hopeful that it will also give us good traction in terms of our retail sales," Maruti Suzuki India Ltd Senior Executive Officer, Marketing and Sales, Partho Banerjee told PTI. He was responding to a query on whether the company would be able to carry on the momentum of festive season sales for the next few months. "We have to see actually but we feel there are a good number of marriages this time in the month of November. The .

Auto majors Maruti Suzuki, Mahindra report best-ever October sales

The shift towards larger vehicles also impacted MSI's mini-segment cars and compact car sales

Buy or Sell? TCS, Maruti, HUL among 7 Nifty stocks trading in oversold zone

These 7 Nifty 50 stocks are seen trading with an RSI below 30; stocks trading in oversold zone need not necessarily bounce back immediately. Here are the key levels to watch out for.

Suzuki's India unit to manufacture first battery-electric SUV for Toyota

Production for battery electric vehicles (BEVs) from Suzuki to begin in spring 2025

Maruti misses Street estimates, Q2 PAT slides 18% to Rs 3,102 crore

Shares of MSIL on Tuesday declined over 4 per cent to settle at Rs 11,010 apiece on the BSE. Intra-day, it slumped 6.42 per cent to Rs 10,744.10. At the NSE, it tumbled 4.16 per cent to Rs 11,005