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Maruti Suzuki News
Auto makers post healthy double-digit sales growth in November
Fri, Dec 01, 2017
Utility vehicle sales, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza, increased by 34 per cent to 23,072 units in November from 17,215 in the same month of 2016, MSI added.
6 of top-10 most valued companies lose Rs 60,422 crore in market cap
Sun, Nov 12, 2017
While Reliance Industries Ltd (RIL), HDFC Ltd, ITC, HDFC Bank, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap) for the week ended Friday, TCS, HUL, Infosys and State Bank of India (SBI) saw a jump in their valuation.
Jio's success helps Reliance overtake Airtel, grabs second spot in 2017 brand value list
Thu, Nov 02, 2017
Reliance Industries saw its brand value grow by 9% during the year to stand at Rs 38,212 crore in 2017.
Despite Diwali, Dussehra discounts, car sales fail to sparkle during festive month of October
Wed, Nov 01, 2017
October had two of the top festivals, ie Dussehra and Diwali, falling during the month, but this year the impact of GST and demonetisation seems to still have its impact on consumer spending.
Strong new launches help Maruti Suzuki post 10% growth in domestic car sales in October
Wed, Nov 01, 2017
This was aided by a huge 24.7% growth in sales of the compact car segment of Maruti Suzuki, which includes cars such as the Swift, Ritz, Celerio, Ignis, Baleno, Dzire and Tour S.
Domestic passenger vehicle sales expected to grow by 9-10% in FY18: Report
Tue, Oct 31, 2017
Rural economy seems to be gaining momentum on account of increase in minimum support prices, farm loan waiver, 7th pay commission, as well as normal monsoon in most part of India.
Maruti Suzuki shares rise nearly 2% as Q2 results beat market expectations
Fri, Oct 27, 2017
The country's leading automobile company posted a revenue growth of 7.1% as its total revenue grew to Rs 21,768.2 crore in Q2 FY18 from Rs 20,322.7 crore in Q2 FY17.
Maruti Suzuki second-quarter profit rises 3%, beats estimates
Fri, Oct 27, 2017
Maruti Suzuki India Ltd, the country`s top-selling car maker, posted more than a 3 percent rise in its quarterly profit, beating analysts` estimates.
Retail car sales sees low demand in run up to Diwali this year despite discounts
Tue, Oct 24, 2017
The retail car sales during the week before Diwali accounts for 25-30% of the total sales for the year. This is as most of the new cars are purchased during the festive period.
Google most authentic brand in India: Report
Thu, Oct 19, 2017
Sony, YouTube, BMW, Mercedes Benz and British Airways are the other brands to feature in the top 10.
Car companies offer discounts of up to Rs 1 lakh in anticipation of good Diwali sales
Fri, Oct 13, 2017
Two-wheeler and passenger vehicle volumes are expected to grow at CAGR of about 11% over FY17-19 during the Diwali period.
Maruti Suzuki’s compact cars push sales growth to 11% in September
Sun, Oct 01, 2017
This growth in the passenger car segment was mainly due to the huge 44.7% growth of the compact segment of Maruti Suzuki.
Competition in electric vehicle segment moves into high gear with top car makers entrance
Wed, Sep 06, 2017
Car makers in India such as Maruti Suzuki, Hyundai and Tata Motors are gearing up with plans to launch their own electric vehicles.
Anticipation of strong festive season growth boosts automobile sales in August
Mon, Sep 04, 2017
Car sales in the festive season is expected to see a huge growth and in anticipation there was a build-up in inventories at the dealership level.
Car manufacturers post mixed sales in August; CV sales make big recovery
Fri, Sep 01, 2017
Top car makers such as Maruti Suzuki, Hyundai, Tata Motors and Mahindra posted a growth in sales during August, however Ford India and Toyota Kirloskar Motors posted a decline in sales.
Retail car demand remains muted in August despite wholesale sales build-up for festive season
Thu, Aug 31, 2017
While wholesale car sales are expected to rise in August due to dealerships stocking up for the festive season, retail car sales seem to be muted in the month due to pre-buying.
Maruti Suzuki launches new Ciaz S price starting at Rs 9.39 lakh
Thu, Aug 17, 2017
The new sporty Ciaz S comes with a lot of modifications to the exterior and comes with the top-end engine specifications of the Ciaz.
Maruti chief Ayukawa's salary up 6% at Rs 4.2 crore in 2016-17
Tue, Aug 15, 2017
One of the important faces of the company, Maruti Suzuki Chairman R C Bhargava received a total remuneration of Rs 99 lakh in FY17, out of which Rs 91.5 lakh was commission and Rs 7.5 lakh was fee for attending board and committee meetings.
Stocks that Morgan Stanley thinks may cross $10 billion market cap in the next three years
Mon, Aug 14, 2017
On the back of double-digit and two-year forward earnings growth, there are 14 "mega stocks" dominated by private sector financials and consumer discretionary, which will outperform the markets in coming three years, a Morgan Stanley report said.
Maruti Suzuki to setup 150 True Value outlets by March 2018 as part of revamp
Thu, Aug 10, 2017
Maruti Suzuki will open 150 True Value outlets by March 2018 as part of its revamp of the pre-owned cars unit.