Maruti Suzuki India said the current passenger vehicle demand environment remains strong and broad-based, with the carmaker constrained by supply rather than demand, as reflected in a large order backlog and historically low dealer inventories. Speaking to analysts after the company’s Q3 FY26 earnings call, Rahul Bharti, Executive Officer, Corporate Affairs at Maruti Suzuki India,… Continue reading Maruti Suzuki Says Demand Remains Strong in Q4; Supply Constraints Persist
Tag: Suzuki
Maruti Suzuki Accelerates Expansion to Add 5 Lakh Units Capacity as Post-GST Demand Surges
Maruti Suzuki India, the country’s largest carmaker, is preparing to add nearly 500,000 units of annual manufacturing capacity over the next year across two new plants and a greenfield facility in Gujarat. “The GST reform has not only boosted consumption, but has also accelerated private capex,” said Rahul Bharti, Executive Officer, Corporate Affairs. Speaking to… Continue reading Maruti Suzuki Accelerates Expansion to Add 5 Lakh Units Capacity as Post-GST Demand Surges
Maruti Suzuki Posts 29% Revenue Jump in Q3, Net Profit Up 3.7%
Maruti Suzuki India Limited reported net sales of ₹47,534 crore in Q3 FY2025-26, up 29.2% from ₹36,802 crore in Q3 FY2024-25. Net profit for the quarter rose 3.7% to ₹3,794 crore compared to ₹3,659 crore in the year-ago period, despite being impacted by a one-time provision of ₹594 crore related to the New Labour Codes.… Continue reading Maruti Suzuki Posts 29% Revenue Jump in Q3, Net Profit Up 3.7%
India-EU FTA Impact on Automotive Sector Likely Limited, Analysts Say
The India-European Union Free Trade Agreement signed yesterday is expected to have a limited impact on Indian automotive manufacturers, according to a sector analysis by BNP Paribas Securities India. The trade deal, which will gradually reduce import duties on vehicles, has prompted concerns about increased competition for domestic automakers. However, analysts suggest these worries may… Continue reading India-EU FTA Impact on Automotive Sector Likely Limited, Analysts Say
Auto companies fall on fear of more EU imports
Auto stocks fell as much as 4.3 per cent on Tuesday after reports said India may slash tariffs on vehicles imported from the European Union (EU) as part of the India-Europe free trade agreement, raising fears of increased competition from European carmakers. Analysts said the decline was largely sentiment-driven, with limited impact seen in the… Continue reading Auto companies fall on fear of more EU imports
Trade pact with EU could be a boost for India’s auto sector– but there is a catch
In 2024, India imported motor vehicles worth over €1.6 billion from the EU, according to the official data. India on Tuesday agreed to significantly lower import quotas and tariffs for European carmakers under the newly signed India-EU free trade agreement. Under the new pact, it has been agreed to allow up to 2,50,000 European-made vehicles… Continue reading Trade pact with EU could be a boost for India’s auto sector– but there is a catch
European carmakers gain major access as India eases tariffs under EU FTA
New Delhi: India has agreed to grant European automakers an import quota more than six times larger than any it has offered in recent trade deals, significantly lowering tariffs on cars under the India–EU free trade agreement and opening up its tightly protected passenger vehicle market. According to Bloomberg, under the pact, India will gradually… Continue reading European carmakers gain major access as India eases tariffs under EU FTA
EU carmakers face tough India market even after trade deal
The VDA automotive association stressed the importance of the agreement for Germany’s export-focused economy, with the CEOs of Volkswagen, Mercedes and BMW all welcoming the deal. European carmakers, squeezed by U.S. tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports, but… Continue reading EU carmakers face tough India market even after trade deal
EU-India trade pact lowers car import tariffs, but India remains a tough market for Europe
European carmakers facing pressure from higher US tariffs and intense price competition in China are set to gain some relief as India and the European Union prepare to sign a trade agreement that sharply lowers import duties on cars. According to Reuters, under the deal, tariffs on EU-made car imports will be reduced to about… Continue reading EU-India trade pact lowers car import tariffs, but India remains a tough market for Europe
What’s wrong with a sat-nav that points north?
It’s time, comrades, for the uprising. Time for the overlooked and marginalised to rebalance the scales. We’ve waited too long already. We must act- and we must do it on behalf of good, right-thinking, sensible drivers everywhere. The scourge of the god-awful ‘direction of travel’ satellite navigation display mode has its boot on our throats;… Continue reading What’s wrong with a sat-nav that points north?