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Wholesale volumes of passenger vehicles witnessed a healthy double-digit growth of 14% in November, with 2,75,417 units being sold by automakers. The low sales base in November last year owing to demonetisation aided the year-on-year performance. Leading the charge with a steep 45% rise to 77,824 units was the utility vehicles group, which grew at its fastest pace this fiscal – riding on the back of several new launches during the festive season.

 
The stocks of Maruti Suzuki India had hit an all-time high on Monday. The company added another 1.4 per cent gains to hit a fresh record high of Rs 9,167.70 after the global brokerage house raised target price.

Morgan Stanley has retained its overweight call and raised target price to Rs 10,563 (from Rs 9,102 per share). The decision implied a 16.8 per cent potential upside from Friday's closing price.


 
The ‘banker to every Indian’, State Bank of India, is now behind the carmaker for every second Indian, Maruti Suzuki, in market capitalisation.

At a market cap of Rs 2,73,106 crore, the Suzuki-promoted carmaker is now the sixth most valued company in the country.


 
2017 has been a wonderful year so far for Maruti Suzuki India, as it has witness an uptick trend in sales despite the rollout of the Goods and Services Tax (GST) and the government's demonetization drive.

Maruti Suzuki India has gained a lot from the economic reforms in the country which led it to register 71 per cent growth in 2017.


 
Maruti Suzuki India hit a new high of Rs 9,120 on the BSE in intra-day delas on Friday, surpassing the state-owned banking giant State Bank of India (SBI) in market capitalisation (market-cap) ranking.

On Thursday, Maruti Suzuki India had surpassed the India's largest mortgage lender and non-banking finance company Housing Development Finance Corporation (HDFC).


 
Ad wars in the automotive space are quite common in Europe and US but not so much in India. That, however, doesn't mean that things are completely boring here. Siddhartha Lal, CEO, Eicher Motors, recently tweeted that Royal Enfield's sales are equivalent to the global sales of Harley-Davidson, KTM, BMW, Triumph and Ducati combined. Yes, he actually said that! Rajiv Bajaj, Managing Director, Bajaj Auto, responded to the tweet through a statement to Business Standard, saying "By measuring solely on the basis of volumes at the exclusion of pricing power, it would seem that Maruti Suzuki is above and beyond brands like Mercedes, BMW, Audi and Porsche put together."

 
NEW DELHI: Maruti Suzuki India (MSI) has launched a crossover version of its Celerio hatchback, christened the CelerioX. Prices of the new model start at Rs 4.57 lakh for the Vxi MT variant while the top Zxi (O) AMT trim comes at Rs 5.42 lakh (both ex-showroom, Delhi).

The crossover model is based on the 2017 Celerio facelift version and gets some cosmetic updates to look rugged and aggressive. Big changes have been made in the front with a new grille, bumper and a lower-body protective cladding that runs throughout the cir Maruti CelerioX cumference of the car.


 
Maruti Suzuki have launched the CelerioX at a starting price of Rs. 4.57 lakh (ex-showroom Delhi). The Maruti Suzuki Celerio has been a decent success for Maruti Suzuki since its launch in 2014, it was the first hatch in the maruti stable to get the AMT gearbox, making it more convenient for city users courtesy Maruti’s more than amiable asking price. Maruti then tried to give the Celerio a 800cc diesel engine, which was infact Maruti’s first in-house diesel engine, and while it was the most frugal engine in its time. It didn't catch the public eye and the Celerio diesel faded away. The Celerio is back this time as Maruti’s first attempt at the growing hatchback crossover market.

 
Maruti Suzuki’s first premium compact hatchback Baleno has become the second-largest selling vehicle of the company, next only to the Alto, overtaking the Dzire (compact sedan), Swift (hatchback) and the Wagon R in the first seven months of the current fiscal. This is the first time that a premium product, or an above `6-lakh car, has managed to climb up to the second position in the volumes table. In the April to October period, the volumes of Baleno increased by 64.9% y-o-y to 1,08,329 units and the average production of the car has been around 17,000 units per month.

 
Maruti Suzuki’s second most sold utility vehicle after the Vitara Brezza is the Maruti Suzuki Ertiga MPV and the sales of the Ertiga has been constantly on the rise in the Indian market. In FY 2016-17, Maruti Suzuki Ertiga sales registered a growth of 5% with total domestic sales of 63,527 units. The 7-seater vehicle has been widely accepted and considered to be a value-for-money family car. Recent images captured by Motoroids suggests that the new generation Maruti Suzuki Ertiga is in works and the company has already started testing the mule near its manufacturing plant in Gurgaon, Haryana. The images that appear to be of the 2018 Ertiga can be seen with heavy camouflage.

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