@Toyota: Suzuki and Toyota to Deepen Collaboration in the Field of Electrified Vehicles

Oct. 30, 2024 Suzuki Motor CorporationToyota Motor Corporation Suzuki Motor Corporation (Suzuki) and Toyota Motor Corporation (Toyota) have decided to further strengthen collaboration in the supply of a battery EV (BEV) SUV model developed by Suzuki to Toyota. This new model is scheduled to be manufactured at Suzuki Motor Gujarat in India from the spring… Continue reading @Toyota: Suzuki and Toyota to Deepen Collaboration in the Field of Electrified Vehicles

Its bumper Diwali for carmakers in 2024, amid a slow year

Carmakers’ decision to build up inventory ahead of the festive season is paying off, with passenger vehicle registrations reaching a record 425,000 units as of October 29, according to Vahan data. The record marks a 27% increase from last year’s daily registration rate in October, with the potential to approach 450,000 units by the month’s… Continue reading Its bumper Diwali for carmakers in 2024, amid a slow year

Maruti eVX production version reveal on November 4

The final production-spec version of Maruti’s highly anticipated eVX will make its global debut in Milan, Italy, on November 4. This underscores the eVX’s importance as a global product for parent company Suzuki, as a significant portion of the made-in-India EV’s production has been marked for export to Europe and Japan. The Maruti eVX will… Continue reading Maruti eVX production version reveal on November 4

China (Xiamen) International Boat Show 2024: Leading New Coastal Fashions in the Golden Autumn of November

XIAMEN, China, Oct. 30, 2024 /PRNewswire/ — In the golden Autumn of November, Xiamen Wuyuan Bay Yatch Marina will embrace the high-profile 17th China (Xiamen) International Boat Show (Xiamen International Boat Show). As a member of the IFBSO (International Federation of Boat Show Organizers) and one of the important supporting activities of Xiamen International Ocean Week, Xiamen… Continue reading China (Xiamen) International Boat Show 2024: Leading New Coastal Fashions in the Golden Autumn of November

FMCG, auto companies step up ad spends to revive demand

With pent-up demand diluted, carmakers and dealers are also increasing marketing spends to draw buyers to showrooms this festive season. New Delhi: Nearly a dozen consumer and automobile companies, such as Nestle, Colgate-Palmolive, Godrej Consumer Products, Maruti Suzuki, Volkswagen, Skoda and Tata Motors, have stepped up advertising and marketing spends in September quarter, and some… Continue reading FMCG, auto companies step up ad spends to revive demand

Suzuki to build new biogas plants in India, inks MoUs with Amul Dairy and Dudhsagar

Suzuki Motor Corp, which is already working with NDDB and Banas Dairy in Banaskanta, Gujarat, to set up five biogas production plants to manufacture and sell automotive fuel made from cow dung, will expand the biogas business in Gujarat with Amul Dairy in Anand and Dudhsagar Dairy in Mehsana. Suzuki Motor Corporation (SMC) through Suzuki… Continue reading Suzuki to build new biogas plants in India, inks MoUs with Amul Dairy and Dudhsagar

Maruti Suzuki flags pressure in urban demand

Not only consumer electronics and FMCG companies, but also carmakers have observed a weakening of consumer sentiment in urban markets. Today, India’s largest passenger car maker Maruti Suzuki flagged the sluggish consumer demand from the urban part of the market. However, the rural market demand remains strong. “Rural market is doing pretty well. In the… Continue reading Maruti Suzuki flags pressure in urban demand

Maruti Suzuki to clock highest-ever October retail sales with over 2 lakh units

India’s largest passenger car maker Maruti Suzuki India Ltd is set to clock a new record in its October retail sales this time, on the back of robust demand in the peak festival season. Unlike previous years, this year, Navratri, Dhanteras and Diwali, all fall in a single month. “This month, we are going deliver at… Continue reading Maruti Suzuki to clock highest-ever October retail sales with over 2 lakh units

Weakness in sub-Rs 10 lakh market a cause of worry, says Maruti Suzuki’s Bhargava

RC Bhargava, the chairman of India’s largest passenger car maker Maruti Suzuki India, today expressed concern over the degrowth in sales in the sub-Rs 10 lakh car segment, and said it is a cause of worry for the passenger vehicle industry. “The market under Rs 10 lakh is not growing. In fact, it is declining and… Continue reading Weakness in sub-Rs 10 lakh market a cause of worry, says Maruti Suzuki’s Bhargava

Maruti Suzuki results: Analysts anticipate continued weakness

The shares of Maruti Suzuki, India’s leading passenger car manufacturer, experienced significant volatility, reaching an eight-month low with the stock falling to an intraday low of Rs 10,782.00 per share, representing a decline of 6.11% due to a notable 17.4% reduction in profits. By the end of the trading day, Maruti Suzuki’s shares rebounded slightly,… Continue reading Maruti Suzuki results: Analysts anticipate continued weakness