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 […]
Tag: Maruti Suzuki India
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 […]
Maruti Recalls 87,599 Units Of S-Presso, Eeco To Replace Faulty Steering Tie Rod
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 […]
Looking To Double Turnover By 2030-31: Maruti Suzuki India CEO
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 […]
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 […]
Maruti Suzuki Upgrades Its Entire Model Range To Conform To Stricter Emission Norms
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 […]
Maruti Drives In Updated Super Carry With Price Starting At Rs 5.15 Lakh
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 […]
Maruti Suzuki Targets Sales Via Nexa Outlets To Overtake Volumes Of Hyundai, Tata Motors By Next Year
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 […]
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 […]
Working On All Technologies To Reduce Carbon Footprint: Maruti
Maruti Suzuki India on Monday said it will continue to work on all kinds of technologies in order to reduce its carbon footprint. In a regulatory filing, the auto major said it will also focus on local manufacturing to achieve its goals. “Maruti Suzuki will continue to work on all technologies for continuous carbon reduction […]