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Maruti Expects To Invest Rs 45k Cr To Double Annual Capacity To 40 Lakh Units In 8 Yrs: Chairman RC Bhargava

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 […]

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Maruti Board Okays Issue Of Shares On Preferential Basis To Parent SMC For 100 Pc Stake In SMG

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 […]

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Maruti Suzuki WagonR Crosses 30 Lakh Sales Mark

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 […]

Passenger cars In India
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Overall Passenger Vehicle Dispatches Cross 3.35 Lakh Units In February; Automakers Post Robust Sales

New Delhi, Mar 2: Driven by strong demand, the overall passenger vehicle dispatches crossed 3.35 lakh units in February as automakers, including Maruti Suzuki India, Hyundai, Tata Motors and Mahindra & Mahindra, reported robust sales during the month. The dispatches of more than 3.35 lakh units last month marked an 11 per cent over February […]