Tag: Suzuki

Tyre maker Goodyear India’s Q1 profit rises as low rubber prices offsets weak demand

BENGALURU (Reuters) – Tyre manufacturer Goodyear India reported a higher quarterly profit as a drop in raw material prices helped make up for its first revenue fall in 12 quarters on low demand. The Indian unit of U.S.-based Goodyear Tire and Rubber Co said standalone profit rose 4% to 392.6 million rupees ($4.8 million) in… Continue reading Tyre maker Goodyear India’s Q1 profit rises as low rubber prices offsets weak demand

SUVs power July sales to a record high, tepid small car demand drags growth to low single digit

With seven of the 16 car, SUV and MPV manufacturers in India announcing their wholesale numbers for July 2023, it is amply clear that the 325,000-unit sales mark has been surpassed for the seventh month in a row. While the cumulative sales of these seven OEMs add up to 317,356 units, it is estimated that… Continue reading SUVs power July sales to a record high, tepid small car demand drags growth to low single digit

Global ATV and UTV Market Set to Reach $17.6 Billion by 2030: Honda, Deere & Company, and Bombardier Leading the Charge

DUBLIN, Aug. 1, 2023 /PRNewswire/ — The “Global ATV and UTV Market Size, Share & Industry Trends Analysis Report By Vehicle Type, By Fuel Type, By End Use (Mountaineering, Military, Agriculture, and Others), By Displacement, By Power Output, By Regional Outlook and Forecast, 2023 – 2030” report has been added to  ResearchAndMarkets.com’s offering. According to… Continue reading Global ATV and UTV Market Set to Reach $17.6 Billion by 2030: Honda, Deere & Company, and Bombardier Leading the Charge

Maruti Suzuki tapped to oversee group’s Indian auto production

TOKYO — Suzuki Motor announced plans Monday to consolidate auto production in India under local subsidiary Maruti Suzuki, as the Japanese automaker seeks to improve production efficiency. Under the move, Suzuki Motor Gujarat (SMG), a wholly owned subsidiary of Suzuki that manufactures four-wheeled vehicles, will become a wholly owned unit of Maruti Suzuki. The company plans… Continue reading Maruti Suzuki tapped to oversee group’s Indian auto production

Maruti Suzuki sells 159,431 units in June 2023 in India

Maruti Suzuki India Limited’s total sales, combining both domestic and export figures, showed an increase, reaching 181,630 units in July 2023, compared to 175,916 units in the same period last year. New Delhi: Maruti Suzuki India Limited recorded a noteworthy domestic sales figure of 159,431 units in July 2023, showcasing growth compared to the same… Continue reading Maruti Suzuki sells 159,431 units in June 2023 in India

Maruti Suzuki registers 6.5% growth in July, increases market share by 1.4 percentage points

Riding on the success of SUVs – Brezza, Fronx, Jimny and the Grand Vitara – the company has more than tripled its SUV market share to 24.6 percent in July, over 7 percent in July 2022. Maruti Suzuki India (MSIL) has clocked overall sales of 152,126 units in July 2023, registering a 6.5 percent year-on-year… Continue reading Maruti Suzuki registers 6.5% growth in July, increases market share by 1.4 percentage points

@BMW: BMW Motorrad Motorsport Customer Racing Teams MotoAmerica Brainerd, MN 2023. Tytlers Cycle Racing BMW M 1000 RR rider, PJ Jacobsen, earns his first Medallia Superbike win.002876

Woodcliff Lake, NJ – July 31, 2023…Round 6 of 9 of MotoAmerica’s Superbike Race Weekends brought the riders together at the 2.5-mile Brainerd International Raceway in central Minnesota. Cameron Beaubier, hoped to close the points gap to the season leading Yamaha rider but the two days would prove challenging for the Tytlers Cycle Racing BMW… Continue reading @BMW: BMW Motorrad Motorsport Customer Racing Teams MotoAmerica Brainerd, MN 2023. Tytlers Cycle Racing BMW M 1000 RR rider, PJ Jacobsen, earns his first Medallia Superbike win.002876

Maruti Suzuki Q1 net profit up 145% at Rs 2485 crore

Maruti Suzuki India, the largest passenger car manufacturer in the country, reported a 145% jump in its standalone net profit of Rs 2,485.1 crore in the quarter ended June 2023 (Q1 FY24). This was on account of larger sales volumes, improved realization, cost reduction efforts, and higher non-operating income. The company posted a net profit… Continue reading Maruti Suzuki Q1 net profit up 145% at Rs 2485 crore

Maruti Suzuki Q1 FY24 PAT up 144% to INR 2,525 cr

Maruti Suzuki sold a total of 498,030 vehicles during the quarter, an increase 6.4% compared to the same period previous year. New Delhi: Country’s largest carmaker Maruti Suzuki India Limited on Monday reported a growth of 144% in its consolidated profit at INR 2,525 crore in the quarter ended June 2023. The company reported a… Continue reading Maruti Suzuki Q1 FY24 PAT up 144% to INR 2,525 cr