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Maruti Suzuki News
Maruti Suzuki India extends maintenance shut down until May 16; activities to continue in Gurgaon, Manesar
Sun, May 09, 2021
The country's largest carmaker Maruti Suzuki India on Saturday said it has extended maintenance shutdown of its plants till May 16 amid the ongoing surge in COVID-19 cases across the country
Hero MotoCorp, TVS Motor, Bajaj Auto, Maruti, Mahindra to Royal Enfield, check out April Auto sales preview by NOMURA
Fri, Apr 30, 2021
Nomura expects Hero MotoCorp’s volumes to be down 27%. Bajaj Auto’s domestic 2W is likely to be down 42% yoy. Overall volumes are likely to be down only 11%, as exports are up 31%. TVS Motors domestic volumes are likely to be down 30%, while a strong 63% potential jump in exports should lead to overall volumes down 9%. Royal Enfield volumes are likely to be down 13%
BIG STEP! Maruti Suzuki to shut factories in Haryana, Gujarat to make oxygen for medical needs
Wed, Apr 28, 2021
Amid a sharp spike in Covid cases and high demand for Oxygen in hospitals, automobile major Maruti Suzuki India on Wednesday announced that it is closing its factories in Haryana in order to make oxygen available for medical needs. The company has been informed that Suzuki Motor Gujarat has taken the same decision for its factory.
Maruti Suzuki share price: Kotak maintains SELL rating
Wed, Apr 28, 2021
Kotak Institutional Equities says that Maruti indicated that demand has held up well as far as fresh bookings are concerned. However, retail demand has been impacted in several states due to restrictions amid the Covid crisis (35% of monthly sales are impacted due to these restrictions)
Maruti reports unexpected decline in Q4 profit, revenue holds up street estimates; stock down over 1%
Tue, Apr 27, 2021
India’s largest car manufacturing company Maruti Suzuki on Tuesday reported quarter four results. The company’s profit fell by around 10 per cent in the last quarter of the financial year 2020-2021 to Rs 1166 crore as against Rs 1291 crore in the same quarter in the previous financial year.
Maruti hitches a ride on Indian Railways, transports 7.2 lakh vehicles in 5 years
Wed, Apr 21, 2021
Carbon dioxide emissions are dangerous. They are a major source of air pollution in the urban areas. In order to minimise emission of carbon dioxide, Maruti Suzuki had resorted to an innovative plan to transport vehicles in India and it has proved to be a success.
Maruti raises price 3rd time in a year amid rising input cost, stock up over 1% intraday
Fri, Apr 16, 2021
For the third time in a year, India’s largest auto manufacturer Maruti Suzuki to increase its vehicle prices by over one and a half per cent effective from today amid rising input costs
Maruti Swift, Baleno, WagonR, Alto and Dzire lead passenger vehicle sales - 5 top selling cars in India
Tue, Apr 13, 2021
Top selling cars in India: 5 Maruti Suzuki cars have made it to the top selling cars list in FY 2020-21, said the car manufacturer in a statement on Tuesday.
This Maruti Suzuki Alto record finally broken! This is the car that dethroned it
Mon, Apr 12, 2021
Almost after eight years, Maruti Suzuki Alto has been dethroned from its position as the world’s best-selling car. And the car that dethroned this long-time best-seller? It is none other than Maruti Suzuki Swift, which has now become the best-selling car in India.
March auto sales: Tata Motors, Hero Moto extend gain, soar over 1.5% each
Thu, Apr 01, 2021
March auto sales have given a boost to the Auto Index to rose above 1.5 per cent during today's session. Out of 13 scrips, 12 ended positive barring Balkrishna Industries. The heavyweights in the passenger and commercial vehicles (PV and CV) segment such as Maruti Suzuki, Mahindra and Mahindra and Tata Motors surged on the back of exemplary sales in March over the corresponding month in the previous year.
Car buyers alert! Maruti Suzuki partners with his bank to offer attractive car loans
Wed, Mar 31, 2021
Maruti Suzuki India Limited (MSIL) has signed a Memorandum of Understanding (MoU) with Mangaluru-headquartered private sector lender Karnataka Bank to introduce attractive finance options for customers to purchase their favourite car.
Maruti Suzuki, Bosch, Eicher Motors to Exide India, auto stocks surge ahead of monthly sales data, rise nearly 1% in today’s rally
Tue, Mar 30, 2021
Just before the session was about to close at around 3.00 pm, Nifty Auto ended at 9,865 up near 1 per cent. The index has traded between an intraday high of 9,885.95 and a low of 9,749.35.
Hero MotoCorp, Maruti Suzuki and M&M are the top preferred bets of Sharekhan
Mon, Mar 29, 2021
Sharekhan expects March 2021 to be yet another strong month for the automobile industry, with demand improving across all segments, except subdued growth in three-wheeler (3W) sales and growth moderation in entry-level bikes. Sharekhan expect tractors and commercial vehicle (CV) sales to drive growth in March 2021, with passenger vehicles (PV) and two-wheelers (2W) segments reporting strong numbers, aided by robust momentum in exports
Maruti shares gain over 1 pct on Tuesday, close at Rs 7,185.25 on BSE
Tue, Mar 23, 2021
Shares of Maruti Suzuki India (MSI) gained over 1 per cent on Tuesday after the company said it will "substantially" increase the prices of its entire product portfolio from next month in order to offset the impact of high input costs
From April, here is what will happen to Maruti Suzuki car prices
Mon, Mar 22, 2021
From the coming financial year, Maruti Suzuki India Ltd to increase the prices of its vehicles (April 1) amid rising input cost, the company said in a filing to bourses. Maruti Suzuki had hiked prices in January by up to Rs 34K
Maruti Suzuki Driving School (MSDS) reaches new milestone, completes training of over 1.5 million people
Fri, Mar 12, 2021
Maruti Suzuki’s car driving School Maruti Suzuki Driving School (MSDS) has reached a new milestone training 1.5 million applicants, the company said in a media release. MSDS is India’s leading organised driving training school, the company claimed in the release.
Ashok Leyland, Hero MotoCorp, Tata Motors, Maruti Suzuki sales: Momentum continues in Auto sector, says Sharekhan
Tue, Mar 02, 2021
Sharekhan likes Ashok Leyland and Tata Motors and expects them to benefit from the CV upcycle. Sharekhan retains Positive view on the sector. In the OEM space, Sharekhan prefers rural centric companies with a strong balance sheet. In the 2W space, Sharekhan prefers Hero MotoCorp, Bajaj Auto, and TVS Motor because of positive sentiments in rural, semi-urban,and exports.
Ashok Leyland, Hero MotoCorp, and Maruti Suzuki are top picks by Sharekhan in Auto Sector
Fri, Feb 26, 2021
Sharekhan expects February 2021 to be yet another strong month for the automobile industry, with demand improving across all segments, except subdued growth in three-wheeler (3W) sales and growth moderation in entry-level bikes. Sharekhan expects tractors and commercial vehicle (CV) sales to drive growth in February 2021, with passenger vehicles (PV) and two-wheelers (2W) segments registering double-digit growth, aided by robust growth in exports.
Hero MotoCorp, Ashok Leyland, Tata Motors, Escorts, Maruti Suzuki share prices II Heading South or North?
Fri, Feb 19, 2021
Auto Sector Q3 FY21 was a strong quarter for both automobile and auto-ancillary companies, as expected. Sales as well as operational performance improved, with some companies reporting their highest-ever quarterly sales and profits. Q3 FY21 was a strong comeback after a clean washout in Q1 FY21.
Maruti Suzuki True Value sells 4 million pre-owned cars since 2001
Fri, Feb 05, 2021
Maruti Suzuki’s channel for pre-owned cars True Value has sold 4 million pre-owned cars, it said in a media release. The company made entry into India’s pre-owned car market in 2001 and claims to now have expanded its reach to 550 outlets across 268 cities across the country