Let's Make Day Newsworthy
Maruti Suzuki India on Friday said it has reported a 15 per cent year-on-year increase in total wholesales at 1,97,471 units in February. The company had dispatched a total of 1,72,321 units in the same month last year, Maruti Suzuki India Ltd (MSIL) said in a statement. The total domestic passenger vehicle sales grew 9 […]
Passenger Vehicles (PV) sales in India kicked off on a strong note in 2024 with wholesales rising 14 per cent year-on-year to 3,93,074 units last month, the best-ever figure for January driven by robust demand for utility vehicles, industry body SIAM said on Wednesday. As per the data issued by the Society of Indian Automobile […]
Maruti Suzuki India on Friday said its Multi-purpose Vehicle (MPV) Ertiga has crossed the 10 lakh sales milestone. “The Ertiga has redefined the concept of an MPV as a stylish and technologically advanced offering,” Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Shashank Srivastava said in a statement. The model is a hit across […]
South Korean automaker Hyundai is looking to raise at least USD 3 billion (around Rs 25,000 crore) through an initial public offering (IPO) later this year, sources said on Monday. Hyundai Motor India Ltd (HMIL), which is the second largest carmaker in India after Maruti Suzuki India, is likely to dilute 15-20 per cent stake […]
Maruti Suzuki India on Tuesday said it has increased prices of its entire model range with immediate effect. An estimated weighted average of increase across models is 0.45 per cent, the auto major said in a regulatory filing. This indicative figure is calculated using ex-showroom prices of models in Delhi and will come into effect […]
Maruti Suzuki India (MSI) will invest Rs 35,000 crore to set up its second manufacturing facility in Gujarat as it looks to ramp up annual production capacity to over 40 lakh units by 2030-31, Suzuki Motor Corporation President Toshihiro Suzuki said on Wednesday. Speaking here at the 10th Vibrant Gujarat Global Summit (VGGS), Suzuki said […]
Maruti Suzuki India on Friday reported a 3.39 per cent rise in total sales at 1,64,439 units in November 2023 as compared to 1,59,044 units in the same month last year. Total domestic sales, comprising passenger vehicles, commercial vehicles and third-party supplies, were at 1,41,489 units last month as against 1,39,306 units in the year-ago […]
Maruti Suzuki India on Tuesday said its total production declined by 1 per cent to 1,74,978 units in September. The company had produced 1,77,468 units in September 2022. Last month, production of entry level cars — Alto and S-Presso — declined by 70 per cent to 10,705 units from 35,887 units in the year-ago period, […]
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 […]