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  • Maruti Suzuki India Limited Related news

Maruti Suzuki India Limited Related news

Maruti Suzuki profit beats estimates, but analysts expected much better

Maruti Suzuki profit beats estimates, but analysts expected much better

Maruti Suzuki on Friday reported a 3.4% year-on-year increase in net profit to Rs 2,484.3 crore for the three months to September, beating Bloomberg consensus estimates. The bottom line was affected by a higher-than-expected tax outgo, up 26.51% on an annualised basis, and lower other income. Net revenues at the country’s biggest carmaker rose 21.8% year-on-year to Rs 21,768.2 crore, driven by a near-19% year-on-year jump in volumes and higher realisations of Rs 4.42 lakh per unit, up 3% year-on-year. However, analysts had expected a better show given an early festive season.

Maruti Suzuki Q2 net up 3.4% at Rs 2,484 cr

Maruti Suzuki Q2 net up 3.4% at Rs 2,484 cr

Automaker Maruti Suzuki reported 3.4 per cent rise in net profit at Rs 2,484 crore for the quarter ending September as against Rs 2,401 crore in the same period a year ago.

Net sales rose 7 per cent to Rs 21,438 crore as against Rs 20,048.6 crore a year ago, Maruti Suzuki India (MSI) said in a statement.

Now, Maruti wants pole position in utility race

Now, Maruti wants pole position in utility race

MUMBAI | NEW DELHI: The undisputed leader in India’s compact-car space is now gunning for a bigger prize – the pole position in India’s fast-growing and high-margin utility-vehicles segment.

Maruti SuzukiBSE 1.16 %, the biggest success story for Japanese carmaker Suzuki Motor Corp beyond its home base, is likely to have a portfolio of more than half a dozen utility vehicles and crossovers with three new offerings lined up in the next four years.

Maruti Suzuki enhances its Maruti Care mobile app

Maruti Suzuki enhances its Maruti Care mobile app

Maruti Care, the service app by Maruti Suzuki, is in a new avatar. According to the company, the app will “take the customer convenience to the next level with its many new features.” Customers, for example, can now get easy on-click service booking for their cars and check the status of their vehicle being serviced from the comfort of their home or workplace. Customers also have the option of paying the bills digitally through an integrated payment solution which facilitates them with secured transaction from anywhere. Through this app, customers can avail GPS-enabled emergency on-road assistance using their smartphone.

Maruti’s new Dzire crosses 100,000 sales mark in over 5 months

Maruti’s new Dzire crosses 100,000 sales mark in over 5 months

New Delhi: Maruti Suzuki India on Tuesday said the all-new version of its compact sedan Dzire has crossed 100,000 unit sales milestone in just five and half months of launch.

The third generation Dzire was launched in May 2017 and has become the fastest to clock one lakh unit sales mark, Maruti Suzuki India (MSI) said in a statement.

Leopard enters Suzuki’s Manesar plant, production hit

Leopard enters Suzuki’s Manesar plant, production hit

A young leopard entered into the Suzuki Powertrain plant near here in Haryana early on Thursday. Fearing an attack by the big cat the management halted production.

The animal entered the premises of Suzuki Powertrain India Limited in sector 8 (Phase 1) of Tau Devilal Industrial Model Township (IMT) in Manesar on the Delhi-Jaipur-Mumbai national highway.

Kia’s entry into India not a threat; CLSA remains bullish on Maruti Suzuki

Kia’s entry into India not a threat; CLSA remains bullish on Maruti Suzuki

Even as South Korea’s second-largest automobile manufacturer, Kia Motors is looking to foray into the Indian markets by rolling out its first car by the end of 2019, global research and brokerage firm CLSA says that India’s largest car maker, Maruti Suzuki will not be affected, given its competitive advantage. The Korean car-maker is looking to make a foray into the Indian markets, and has plans to roll out its first car by the end of 2019.

Maruti Baleno to Hyundai Grand i10, top 10 car brands in India get stronger

Maruti Baleno to Hyundai Grand i10, top 10 car brands in India get stronger

When it comes to popular cars, Indian consumers are sticking to pretty much the same models this year as they did last year. The top 10 car models in terms of volumes so far this fiscal are the same ones as they were in the same period last financial year; perhaps indicating that these top car brand in the domestic market continue to get stronger and gain market share.

As expected, India's largest passenger car player Maruti Suzuki India Ltd (MSIL) has the most number of models in the top 10 - at seven, followed by two models from Hyundai Motor India and one from Renault.

Maruti Suzuki opens booking for new S-Cross, launch later this week

Maruti Suzuki opens booking for new S-Cross, launch later this week

The country's largest carmaker Maruti Suzuki India (MSI) has opened bookings for the new version of S-Cross, which it plans to launch later this week.

The new S-Cross can be booked with an initial payment of Rs 11,000 at any of the 280 plus Nexa showrooms, MSI said in a statement today.

Now, WagonR crosses 2-million-sales mark for Maruti Suzuki

Now, WagonR crosses 2-million-sales mark for Maruti Suzuki

The popular model from stable of Maruti Suzuki Ltd -- WagonR has crossed 2 million sales mark for the company.

This is the third model from the company after Maruti 800 and Alto to cross this figure.

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