India’s largest passenger car maker adopted 22 Industrial Training Institutes (ITIs) across various states and trained over 12,000 students and 350 instructors during the financial year 2024. Maruti Suzuki has upgraded some ITI labs to provide specialised training to ITI students and trainers to work on production lines. “In skill development, the company is working… Continue reading Maruti Suzuki trained over 12,000 ITI students in FY24
Tag: Suzuki
‘Best strategy is to offer different technologies at different price points’: RC Bhargava
Offering the widest range of products at different price points with an array of technologies is Maruti Suzuki’s mantra for staying ahead and meeting future regulations in the country. India’s largest car maker, which boasts the biggest accessible portfolio in the country, is set to expand its model range from 17 to 28, powered by… Continue reading ‘Best strategy is to offer different technologies at different price points’: RC Bhargava
Won’t ignore buyers who can’t afford expensive cars: Maruti Suzuki’s RC Bhargava
Even as the small and affordable segment in the domestic passenger vehicle industry continues to shrink with most of the automakers exiting the space, Maruti Suzuki, India’s largest car maker, said it will remain committed to the needs of budget-conscious buyers. “Even as we produce more SUVs and higher cost cars to cater to a… Continue reading Won’t ignore buyers who can’t afford expensive cars: Maruti Suzuki’s RC Bhargava
SUV and car wholesales slip in July as OEMs rationalise high inventory levels
The Indian passenger vehicle (PV) industry, which crossed the million-units mark (10,26,006 units, up 3%) in the first quarter of FY2024, seems to have begun the second quarter on a similar slower note. As per the compay-wise releases for seven PV manufacturers, combined wholesale dispatches add up to 311,553 units, which makes for a 1%… Continue reading SUV and car wholesales slip in July as OEMs rationalise high inventory levels
Maruti Suzuki total sales slip 3.63% in July
Maruti Suzuki India on Thursday reported a 3.63% decline in total sales to 1,75,041 units in July 2024 compared to 1,81,630 units in the same month last year. Its total domestic passenger vehicle (PV) sales stood at 1,37,463 units against 1,52,126 units in the year-ago month, down 9.64%. The company’s sales of mini segment cars,… Continue reading Maruti Suzuki total sales slip 3.63% in July
BorgWarner (BWA) Q2 Earnings Beat Estimates, Guidance Revised
BorgWarner Inc. BWA reported adjusted earnings of $1.19 per share for second-quarter 2024, down from $1.35 recorded in the prior-year quarter. The bottom line, however, surpassed the Zacks Consensus Estimate of 98 cents. The automotive equipment supplier reported net sales of $3.60 billion, missing the Zacks Consensus Estimate of $3.73 billion. The top line also… Continue reading BorgWarner (BWA) Q2 Earnings Beat Estimates, Guidance Revised
Hybrid an old-school transition technology: Tata Motors’ PB Balaji
Range anxiety and the high upfront cost of electric cars continue to deter many from making the switch from internal combustion engines (ICE) to battery-powered vehicles. The recent surge in demand for hybrids, following consecutive launches by Toyota and Maruti Suzuki, has provided consumers with an alternative. Over the past six months, passenger vehicles (PVs)… Continue reading Hybrid an old-school transition technology: Tata Motors’ PB Balaji
Tata Motors Q1 FY25 earnings: JLR sales, better realization boosts profit
Tata Motors on Thursday reported that its net profit for the first quarter of the financial year 2025 soared 73.8% on year, while its operating profit rose by 6%. The profit was driven by robust Jaguar Land Rover sales, an improved mix in overall volumes, and moderation in raw material price inflation. For the quarter… Continue reading Tata Motors Q1 FY25 earnings: JLR sales, better realization boosts profit
Maruti Suzuki says inventory ‘slightly higher, but manageable’
Amid growing concerns raised by the Federation of Automotive Dealers Association (FADA) over a pile-up of unsold cars at dealerships and their call to rationalize production, India’s largest carmaker Maruti Suzuki India Ltd on Wednesday asserted that its inventory levels are manageable, though it is slightly higher than optimal. “Our inventory was at a very… Continue reading Maruti Suzuki says inventory ‘slightly higher, but manageable’
Autocar magazine 31 July: on sale now
In this week’s issue, we share all the key details on the new all-electric Audi A6, drive the new Volkswagen Golf GTI, and the Porsche Cayenne Turbo GT takes on the Range Rover Sport SV. News The covers have finally come of the all-electric Audi A6, with the new EV arriving in both saloon and… Continue reading Autocar magazine 31 July: on sale now