Maruti Suzuki set to zoom past M&M;, emerge as top UV player this fiscal
The market share swelled to 28% for the April to February period of 2017-1816-03-2018
16-03-2018
Maruti Suzuki may return with six-speed gearbox this year, starting with new Swift
A six-speed transmission enhances the fuel efficiency of the vehicle with its better spaced gears, one of the desirable attributes of Maruti Suzuki cars even now.14-03-2018
Maruti Suzuki drives showroom managers to leading B-Schools for training
1,500 executives will be trained at Gurgaon's MDI and Ghaziabad's IMT by next year09-03-2018
Maruti Dzire brushes aside resurgent Swift, beats Alto in Feb sales again
India's appetite for larger, more feature-rich cars over bread and butter budget oriented cars was at the fore once again in February as Maruti's compact sedan Dzire beat its own entry level small car stablemate Alto as the bestselling car for the month.08-03-2018
Announcement under Regulation 30 (LODR)-Updates
In terms of the Company's Code of Internal Procedures and Conduct for Prevention of Insider Trading in Securities of the Company 'Trading Window' shall remain closed from Thursday, the 15th March 2018 to Monday, the 30th April 2018 (both days inclusive). This is for your information and record please.07-03-2018
Announcement under Regulation 30 (LODR)-Updates
Please find attached herewith as Annexure-"A", the production figures of the Company for the month of February, 2018. Kindly take the same on record.07-03-2018
Near-term worries for Maruti stock, even as product demand remains strong
The Maruti Suzuki stock has shed about 12 per cent from its all-time intra-day high of Rs 10,000, recorded in mid-December 2017. That is due to the correction in broader markets and softer demand expectation for the industry, especially in the urban segment. Although demand for Maruti's key models remains strong, some analysts also point to the possibility of capacity constraints for the company in 2018-19. While the competition environment for the company is benign for now, rising commodity prices and entry of new players are issues. Having said that, analysts also say many of these are temporary and long-term investors could utilise the current situation to accumulate the stock on declines.Urban slower, rural risingA worry now is slowing demand in the top 10 cities, which account for 40 per cent of overall industry volume -- sales growth here has been flat over the past year. Analysts believe the rise in ride sharing (Uber/Ola) has led to lower private car demand. Aggravated by...06-03-2018
Maruti Alto crosses 3.5 mn cumulative sales mark, gains 33% market share
Country's largest carmaker Maruti Suzuki India (MSI) today said its highest selling model Alto has crossed the 35 lakh cumulative sales milestone. Brand Alto has clocked a growth rate of 6 per cent in 2017-18, MSI said in a statement, adding that it has garnered a market share of 33 per cent in the ongoing fiscal. The Alto has been the highest selling car in the domestic market for the past fourteen years, it said. "In 2017-18, nearly 55 per cent of customers have selected Alto as their first car purchase. Interestingly, 25 per cent of Alto buyers are buying it as an additional car, MSI Senior Executive Director (Marketing & Sales) R S Kalsi said. Nearly 44 per cent of Alto sales contribution comes from young customers less than 35 years of age. This contribution has grown 4 per cent in the past three years, the company said. Kalsi said since 2006, Alto is adding 5 lakh new customers every two years. In 2008, it clocked 10 lakh unit sales and in 2010, it touched 15 lakh units, he05-03-2018
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find attached herewith as Annexure-"A", a copy of press release being issued today. Kindly take the same on record.05-03-2018
Compliance issues: BS-VI cars to remain a luxury until April 2020
The country's biggest carmaker, Maruti Suzuki, said it is on track to meet the 2020 deadline03-03-2018