Suzuki’s India woes extend far beyond the pandemic

TOKYO — It is a market where Suzuki Motor once reigned as the undisputed champion. Forty years ago, nearly every passenger car sold in India was made by the Japanese automaker. Now this share is under 50%, and the competition only looks to increase. Suzuki still makes half its car sales in the country, and the automaker’s stock price… Continue reading Suzuki’s India woes extend far beyond the pandemic

Electronic, mobile & auto plants crank up output

India’s top consumer electronics, smartphone and auto companies are resuming or raising production this week more than a fortnight after they shut plants or scaled-down output for the domestic market as states ease curbs amid a decline in Covid infections. LG, Samsung, Godrej Appliances, Haier, Vivo, Oppo, Bosch, Siemens, Panasonic, Carrier Midea and others have… Continue reading Electronic, mobile & auto plants crank up output

Auto industry falls on the second wave of Covid-19 and bleeds

Analysts expect that car buyers may bounce back after an extended shutdown, which would help the auto industry to recover. New Delhi: The ongoing Covid-19 second wave has resulted in a near washout of sales in May 2021 for the automotive industry. During the depths of the second peak of Covid-19 in the summer, sales… Continue reading Auto industry falls on the second wave of Covid-19 and bleeds

Carmakers hit a wall in May — lock, stock and barrel 

Maruti Suzuki India, Hyundai Motor India, Tata Motors, Kia India and Mahindra & Mahindra — which accounted for 85 percent share of the passenger vehicle (PV) market in FY 21 — collectively sold 92,138 units in May 2021. Across the board, sales were down 64 percent month-on-month.  LockFrom Maharashtra to Haryana and Karnataka to Tamil… Continue reading Carmakers hit a wall in May — lock, stock and barrel 

Maruti Suzuki looks to strengthen presence in SUV market

Shashank Srivastava: “We identify what we call the red spots (where other OEMs have presence), white spots (totally new space) and the blue spots (partially catered to by other OEMs)”. The SUV market is on the rise, and it is expected to clock a healthy growth rate at least for the next 3-4 years. The… Continue reading Maruti Suzuki looks to strengthen presence in SUV market

Toyota hopeful of good times returning with Covid on the wane

Toyota Kirloskar Motor (TKM) is betting big on the Innova Crysta and Fortuner to keep the momentum going once the lockdown is lifted and normal business resumes. It is also working towards reducing the order-to-lead times on these two models.  “While sentiment at the higher end may remain muted, we anticipate good demand in the… Continue reading Toyota hopeful of good times returning with Covid on the wane

Haryana CM opens Oxygen PSA generation plants donated by Maruti Suzuki in 3 hospitals

For the sustainability of these manufacturing operations and to ensure that needy hospitals in the country are made aware of this opportunity, a website, http://oxygengenerator.co.in, has been created to spread this information and channelise enquiries and orders so that manufacturing and deliveries can be planned for the future, the release added. New Delhi: Haryana Chief… Continue reading Haryana CM opens Oxygen PSA generation plants donated by Maruti Suzuki in 3 hospitals

Maruti Suzuki India making efforts to enhance production of oxygen generators

“Maruti Suzuki decided to involve itself in scaling up production of oxygen generators by small scale units to help overcome the critical shortage of oxygen. We have, in less than a month, increased output levels by more than 10 times,” Maruti Suzuki India (MSI) India Chairman R C Bhargava said. The country’s largest carmaker Maruti… Continue reading Maruti Suzuki India making efforts to enhance production of oxygen generators