MARUTI SUZUKI INDIA LTD. - 532500 - Production In August, 2022
Production in August, 202201-09-2022
MARUTI SUZUKI INDIA LTD. - 532500 - Production In August, 2022
Production in August, 2022MARUTI SUZUKI INDIA LTD. - 532500 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Maruti Suzuki sales in August, 2022MARUTI SUZUKI INDIA LTD. - 532500 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Proceedings of the 41st Annual General Meeting of the CompanySmall cars will stay major part of India mkt: Maruti Suzuki
R.C. Bhargava, chairman, Maruti Suzuki, said the automaker will play a major role in the 5 lakh car segment in the coming years, even as its rivals vacate the market where volumes have halved as a percentage of total auto sector volumes over the last three yearsMARUTI SUZUKI INDIA LTD. - 532500 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Dear Sirs, Please find enclosed herewith as Annexure -"A", a copy of the press release being issued today. Kindly take the same on record.Maruti won't walk away but fight to get back to 50% market share: Chairman
The country's largest carmaker Maruti Suzuki India will not "walk away" and fight to get back to 50 per cent market share in the domestic passenger vehicle segment, according to company Chairman R C Bhargava. The auto major, which is commemorating 40 years of operations, has seen its market share drop to 43.38 per cent in FY22 from a peak of 51.21 per cent in FY19. In order to get back its dominant leadership, the company plans to drive in models catering to both urban and smaller cities and rural areas. In 2018-19, domestic passenger vehicle sales were at 33,77,436 units, which dropped to 30,69,499 units in 2021-22. Maruti Suzuki India achieved its highest-ever annual sales of 17,29,826 units in 2018-19, cornering a market share of 51.21 per cent. It declined to 43.38 per cent at 13,31,558 units in 2021-22. "We will fight to get back to our 50 per cent market share. How much we succeed only time will tell but we certainly don't intend to walk away and say no we don't want to fighMaruti chairman says understanding customers key to firm's 40-year success
From what started out as an "accident" doomed to fail to becoming a dominant force in the automotive industry, helping the country to become the fourth largest automobile market in the world, the success of Maruti Suzuki India needs to be replicated in other industries, according to its Chairman R C Bhargava. As the company gears up to celebrate 40 years of operations, Bhargava said Maruti Suzuki India has played a significant role in the development of the country's automotive industry, supply chain of components and allied sectors which are now playing a major role in the global markets. In an interview with PTI, he said India is generally ranked low globally when it comes to the overall manufacturing sector, but in automobiles the country is the fourth largest car manufacturer in the world. Also, the components industry last year exported USD 19 billion worth of items. "So, some of these things have to be viewed in the context of what we added to that thing," he asserted, addingMARUTI SUZUKI INDIA LTD. - 532500 - Maruti Suzuki To Recall 166 Dzire Tour S Vehicles
Maruti Suzuki to recall 166 Dzire Tour S vehiclesMaruti expects rural market to do better this year too
Attributes the surge in demand to better kharif sowing, normal monsoonRate Hikes Have Not Yet Hurt Car Demand: Maruti Suzuki
The hike in interest rates has not yet impacted demand for vehicles but the real picture will emerge once the semiconductor shortage issue is addressed and production gets normalised, according to...