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Shares of Maruti Suzuki India jumped more than 3 per cent in the mid-session trade on Friday after the automobile major reported its highest-ever monthly wholesales in August. The stock of the company bounced 3.47 per cent to Rs 10,351.30 apiece on the NSE. The scrip witnessed a similar movement on the BSE, where it […]
Maruti Suzuki India on Tuesday announced appointment of Arnab Roy as CFO Designate with effect from October 16, 2023. He will succeed present CFO Ajay Seth who will retire at the end of this year. Seth shall be superannuating from the post of wholetime CFO of the company with effect from close of business hours […]
Maruti Suzuki India expects to invest around Rs 45,000 crore to double its production capacity to 40 lakh units annually in the next eight years, company Chairman RC Bhargava said on Tuesday. The company will also take up suggestions by shareholders for a stock split to its board for consideration, he said while speaking at […]
Maruti Suzuki India on Tuesday said its board has approved issue of shares on preferential basis to Suzuki Motor Corporation (SMC) as consideration for the acquisition of 100 per cent stake in Suzuki Motor Gujarat. Post such acquisition, Suzuki Motor Gujarat (SMG) will become a wholly-owned subsidiary of the company, Maruti Suzuki India (MSI) said […]
The country’s largest carmaker Maruti Suzuki India (MSI) on Monday said it is recalling 87,599 units of S-Presso and Eeco models to check and replace faulty steering tie rod. The recalled units were manufactured between July 5, 2021 and February 15, 2023, the auto major said in a statement. “It is suspected that there is […]
New Delhi, Jul 5 Maruti Suzuki India is looking to double its turnover to around Rs 1.68 lakh crore by 2030-31 from FY22 level in line with parent Suzuki Motor Corporation’s global growth strategy, company Managing Director and CEO Hisashi Takeuchi said on Wednesday. The company expects India to “play a very big role” in […]
New Delhi, May 16: Maruti Suzuki India on Tuesday said its hatchback WagonR has crossed 30 lakh milestone in over two decades. The model, which was introduced in the market in 1999, achieved 5 lakh sales mark in 2008; 20 lakh in 2017; 25 lakh in 2021 and 30 lakh milestone in 2023. “WagonR’s continued […]
New Delhi, Apr 25: Maruti Suzuki India on Tuesday said it has upgraded its entire range of vehicles to meet the stricter emission norms under the BSVI regime. All company hatchbacks, sedans, MPVs, SUVs and commercial vehicles are now compliant with the new BSVI Phase-II real driving emissions (RDE) regulations, alongside being compatible with E20 […]
New Delhi, Apr 17: Maruti Suzuki India on Monday said it has launched an upgraded version of its light commercial vehicle Super Carry priced between Rs 5.15 lakh and Rs 6.30 lakh (ex-showroom Delhi). The 1.2 litre petrol powered variants are priced at Rs 5.15 lakh and Rs 5.30 lakh, while the CNG trims are […]
New Delhi, Mar 24: Maruti Suzuki India is targeting for its premium vehicles sold through the Nexa retail outlets to be more than the respective overall sales of Hyundai and Tata Motors by next year, according to Senior Executive Officer, Marketing and Sales, Shashank Srivastava. The Nexa retail chain, started in 2015 to sell Maruti […]