Suzuki – Page 224 – I wish I had more to offer

Car Market growth to be stagnant in FY25, Maruti will look to outperform says R C Bhargava

R C Bhargava, the Chairman of Maruti Suzuki says the car industry’s growth rate next year is likely to be stagnant or flat in FY25 due to the continued sluggish performance of the small car segment. “I am told that the industry is not very optimistic for next year, the growth rate is virtually at… Continue reading Car Market growth to be stagnant in FY25, Maruti will look to outperform says R C Bhargava

Japan’s Carmakers Stage Show to Demonstrate Real EV Ambition

(Bloomberg) — The pressure is on domestic carmakers at this week’s Japan Mobility Show to prove they’re serious not only about going carbon neutral, but also revolutionizing the way people and goods move around. Most Read from Bloomberg The event gets underway Thursday as the rebranded successor to the Tokyo Motor Show, which began in… Continue reading Japan’s Carmakers Stage Show to Demonstrate Real EV Ambition

‘Hybrids cleaner than EVs in Indian scenario for at least next 8-10 years’: RC Bhargava

With over 70 percent of India’s power generation coming from coal-based power plants in the present day, an accelerated shift towards electric vehicles (EVs) might not be the ideal solution for the country, which is on a mission to achieve carbon neutrality by 2070, as well as lower its transportation emissions. While EVs have gained… Continue reading ‘Hybrids cleaner than EVs in Indian scenario for at least next 8-10 years’: RC Bhargava

‘Hybrids cleaner than EVs in Indian scenario for at least next 8-10 years’: RC Bhargava

Without growing small car segment, Indian market can’t grow even at 6-7 percent, says R C Bhargava

R C Bhargava, the Chairman of India’s largest car maker Maruti Suzuki says “small car growth” is essential for long-term car growth in the country. Speaking to the media post the Q2 FY-24 earnings, Bhargava said “The future growth of sedan and SUV will come from small cars. We will not get large growth without… Continue reading Without growing small car segment, Indian market can’t grow even at 6-7 percent, says R C Bhargava

Maruti Suzuki reports 80.3% YoY jump in net profit during Q2FY24

The country’s largest car maker, Maruti Suzuki reported its highest-ever net profit of Rs 3716.5 crore during Q2 FY24, which is an 80.3% jump over the Rs 2061.5 crore registered in Q2 FY23. The company attributed the development to higher net sales, a softening of commodity prices, cost reduction efforts, and higher non-operating income. During the… Continue reading Maruti Suzuki reports 80.3% YoY jump in net profit during Q2FY24

Maruti Suzuki reports 80.3% YoY jump in net profit during Q2FY24

10 cows’ manure can power a car a day, Suzuki Biogas cars to improve Indian rural incomes, says Toshihiro Suzuki

Toshihiro Suzuki, CEO of Suzuki Motor Corporation says the path towards carbon neutrality will be “defined by conditions in each country and region” and hence efforts could be made to achieve carbon neutrality “by using the right materials in the right places and finding the answer.” These remarks come from the CEO of Suzuki at… Continue reading 10 cows’ manure can power a car a day, Suzuki Biogas cars to improve Indian rural incomes, says Toshihiro Suzuki

Car makers to generate Rs 1.1 lakh crore in biz this festive season, retail over a million units

The Indian passenger vehicle market is set to post a record of about Rs 1.1 lakh crore in turnover in the 87-day festive period of 2023, with volumes that are estimated to cross 1 million units for the first time. The season that started with Onam in Kerala in August till the end of… Continue reading Car makers to generate Rs 1.1 lakh crore in biz this festive season, retail over a million units