Maruti Suzuki continues to expand its lead over Hyundai Motor India in passenger vehicle exports. As per the latest industry exports data released by SIAM for the first 10 months of the current fiscal, Maruti Suzuki has shipped 272,423 units, up 20% YoY, and is ahead of Hyundai Motor India (136,886 PVs) by 135,537 units… Continue reading Fronx and Jimny 5-Door shipments to Japan power Maruti Suzuki export growth story
Tag: Suzuki
No Problem With Lower Import Duty on Cars, Says RC Bhargava
Amid reports that Tesla is planning to start selling cars in India with the Indian government lowering the import duty, the chairman of Maruti Suzuki, India’s largest passenger carmaker, RC Bhargava, said he sees no issues with that as the domestic industry is competitive enough to hold its ground. “I have no problem. These [lower… Continue reading No Problem With Lower Import Duty on Cars, Says RC Bhargava
Aim to be No.1 in India in Sales, Production and Exports of EVs: Suzuki Motor
Presenting the new mid-term management plan “By Your Side,” Suzuki Motor Corporation’s investor presentation revealed that Maruti Suzuki will aim for 50% market share as market leader in the Indian automobile industry with 4 million units of annual manufacturing capacity to meet demand in India and expand as a global export hub. “The company aims… Continue reading Aim to be No.1 in India in Sales, Production and Exports of EVs: Suzuki Motor
Suzuki Eyes New Entry-Level Cars with Mild-Hybrid, CNG and Flex-Fuel Options for India
Banking on its strength in fuel efficiency and affordability, Maruti Suzuki is likely to introduce an entry-level car and explore a mix of powertrain options, including hybrids and flex-fuel, as the automaker looks to regain its 50% market share by the end of this decade. In its FY30 Management Plan, Suzuki Motor noted that its… Continue reading Suzuki Eyes New Entry-Level Cars with Mild-Hybrid, CNG and Flex-Fuel Options for India
Suzuki Motor Aims to Enter Public Transport With Flying Vehicles and AVs
As technology revolutionizes personal transportation, Suzuki Motor Corp seems to be gearing up to tap the evolving market for futuristic travel solutions such as air taxis and autonomous vehicles. As part of a corporate presentation, the company said it will venture into new businesses outside its traditional areas of focus – such as ‘service mobility’… Continue reading Suzuki Motor Aims to Enter Public Transport With Flying Vehicles and AVs
Suzuki Motor Raises FY31 Revenue, Operating Profit Targets
Japanese car and two-wheeler maker Suzuki Motor Corporation has raised its revenue target for the financial year ending March 2031 (Japanese FY30) to 8 trillion yen (₹4.62 lakh crore) from the target of 7 trillion yen (₹4.41 lakh crore) announced in January 2023, according to the company’s new mid-term management plan for FY26-31. The company… Continue reading Suzuki Motor Raises FY31 Revenue, Operating Profit Targets
Suzuki Motor Cuts India FY31 Volume Target by 15% to 2.54 Million
With the falling share of the entry car segment and slowing growth rate, Suzuki Motor Corporation – the Japanese mini car specialist, has revised its long-term sales outlook for its Indian subsidiary downwards by 15%. Presenting the new mid-term management plan “By Your Side,” Suzuki Motor Corporation has guided for a volume of 2.54 million… Continue reading Suzuki Motor Cuts India FY31 Volume Target by 15% to 2.54 Million
Suzuki Motor Says Need to Rethink India Strategy Amid Falling Market Share
Japan’s Suzuki Motor Corporation said that its business environment in India has changed due to its declining market share and intensified competition in electric vehicles in the country, and that it needs to “rethink its strategy.” Reviewing the current mid-term management plan (Japanese FY2021–FY2025) — (Indian FY2022 to FY2026), the management noted that the company… Continue reading Suzuki Motor Says Need to Rethink India Strategy Amid Falling Market Share
SIAM Looking Ahead Conclave sees PV sales growing 1-4% in FY26
India, the world’s third-largest car market, is looking at yet another year of sluggish growth in its passenger vehicle market as major carmakers are now forecasting another year of low single-digit volume growth for financial year 2025-2026, following a similar performance in this financial year. The persistent weakness in small car sales due to the affordability… Continue reading SIAM Looking Ahead Conclave sees PV sales growing 1-4% in FY26
M&M at its peak – Should you buy, sell, or hold?
The M&M stock recently hit its new all-time high of Rs 3,270.95 on the NSE on February 10 With strong fundamentals, a diversified portfolio, and an aggressive push into the electric vehicle (EV) segment, fund manager Sandip Sabharwal of asksandipsabharwal.com believes that Mahindra & Mahindra’s (M&M’s) strong fundamentals and growth potential make it a compelling… Continue reading M&M at its peak – Should you buy, sell, or hold?