Two-wheeler manufacturers see rise in sales in March on festive demand

Among passenger vehicles, Maruti Suzuki saw a 0.8% decline in domestic sales, while Tata Motors reported a 4.1% jump in sales
03-04-2023
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MARUTI SUZUKI INDIA LTD. - 532500 - Maruti Suzuki Production Volume: March 2023

Maruti Suzuki Production Volume: March 2023
03-04-2023

Maruti Suzuki sales dip marginally in March; highest ever sales in FY23

Maruti Suzuki India on Saturday said its total sales declined marginally to 1,70,071 last month as compared with 1,70,395 units in March 2022. Total dispatches to dealers in the domestic market declined 3 per cent to 1,39,952 units as compared with 1,43,899 units in March 2022. Exports last month however increased 14 per cent to 30,119 units from 26,496 units in the year-ago period. For the last financial year, the company reported its highest ever wholesales till date at 19,66,164 units, up 19 per cent from 16,52,653 units in 2021-22. Domestic dispatches stood at 17,06,831 units in 2022-23 as against 14,14,277 units in 2021-22. Exports rose to 2,59,333 units from 2,38,376 units a year ago.
01-04-2023

Maruti Suzuki India crosses 2.5 mn units milestone of cumulative exports

Automaker Maruti Suzuki India Ltd on Wednesday said it has crossed the 25 lakh units milestone of cumulative exports since starting overseas shipments in 1986-87. The company, which started exports with shipments to neighbouring markets like Bangladesh and Nepal in 1986-87, said it currently exports to nearly 100 countries, including markets in Africa, Latin America, Asia, and the Middle East. The 2.5 millionth landmark vehicle is a Maruti Suzuki Baleno, shipped from Gujarat's Mundra Port to Latin America, the company said in a statement. "The landmark export of 2.5 million vehicles stands as a testimony to India's manufacturing prowess. This feat demonstrates Maruti Suzuki's resolute commitment to the Government of India's flagship Make-in-India initiative, and furthering the government's efforts to enhance vehicle exports," Maruti Suzuki India Managing Director & CEO Hisashi Takeuchi said. Maruti Suzuki's first big consignment of 500 cars was shipped to Hungary in September...
29-03-2023

Fit to lead | Shashank Srivastava of Maruti Suzuki: Mindful breaks through the day help me recharge and focus

A workplace that prioritises wellness can create a positive and supportive environment, says Shashank
25-03-2023

Maruti targets sales through Nexa outlets to overtake peer volumes

Maruti Suzuki India is targeting for its premium vehicles sold through the Nexa retail outlets to be more than the respective overall sales of Hyundai and Tata Motors by next year, according to Senior Executive Officer, Marketing and Sales, Shashank Srivastava. The Nexa retail chain, started in 2015 to sell Maruti Suzuki's premium vehicles, has crossed the cumulative sales milestone of 20 lakh units. It currently sells models such as Baleno, Ignis, Ciaz, XL6 and Grand Vitara. Upcoming SUVs Fronx and Jimny will also be sold through the chain. The company, which has decided to increase prices of its vehicles from April, feels that response of consumers to the increase in vehicle prices by auto manufacturers to meet regulatory requirements needs to be watched out for, although it expects passenger vehicle sales to grow between 5 per cent and 7.5 per cent in FY24. "We have completed the two million mark for the Nexa. The first million came in four years, the next million has come in thr
24-03-2023
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MARUTI SUZUKI INDIA LTD. - 532500 - Advance Intimation Regarding Price Increase In April, 2023

Advance intimation regarding Price Increase in April, 2023
23-03-2023

Maruti Suzuki launches Brezza CNG priced up to Rs 12.05 lakh

Maruti Suzuki India on Friday said it has launched CNG trims of its compact SUV Brezza priced between Rs 9.14 lakh and Rs 12.05 lakh (ex-showroom Delhi). Brezza S-CNG trims come mated with five-speed manual transmission and deliver a fuel efficiency of 25.51 km/kg, the auto major said in a statement. "We are confident that the Brezza will once again disrupt the segment with the S-CNG version," Maruti Suzuki India Senior Executive Officer Marketing & Sales Shashank Srivastava noted. The company's S-CNG models currently account for 24 per cent of the overall sales, he added. "And CNG sales for models such as the Ertiga and WagonR account for as high as 57 per cent and 41 per cent of total model sales, respectively," Srivastava stated. Moreover, with the government's initiatives aimed at the proliferation of CNG pumps across the nation, these numbers are likely to see a surge in the coming years, he added.
17-03-2023
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