Chairman of Japan's Suzuki Motor Corporation Osamu Suzuki on Monday visited the violence-hit Manesar plant of the company's Indian arm Maruti Suzuki.
Suzuki Motor Corp's 85-year-old CEO Osamu Suzuki named his eldest son as the new president of Japan's fourth-biggest automaker, easing investor concerns over the firm's succession plan and boosting the company's shares by more than 5 percent.
Sales of Maruti Suzuki India during January-December 2008 stood at 697,850 units while those of Suzuki Motor Corporation for the same period stood at 679,215 units. The comparable growth for MSIL in India comes on the back of an almost 2 per cent decline for the company in a year-on-year basis during the calendar year. Its sales were higher in calender year 2007 at 710,532 units, according to the data provided by the company.
Suzuki Motor Corp is believed to have reached an agreement with the government on its plans to set up a second Indian factory
Indian arm has cash reserves of Rs 7,000 crore, which might come in handy to set up plants around the world.
Hero MotoCorp, India's largest two-wheeler maker, has seen a decline in its market share in rural areas since 2018, losing ground to major competitors such as TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooter India (HMSI), according to data from JATO Dynamics reviewed by Business Standard. Hero's share of rural two-wheeler sales in India has dropped from 40.4 per cent in 2018 to 33.3 per cent in 2023. In contrast, Bajaj's share increased from 12.7 per cent in 2018 to 13.9 per cent, HMSI's from 21.8 per cent to 22.2 per cent, and TVS' from 15.5 per cent to 17.8 per cent. Suzuki Motorcycle India has also seen its share rise from 1.7 per cent to 2.5 per cent.
Suzuki gives minor updates to the Access to fend off competition from the Honda Activa 125, says Faisal Ali Khan of MotorBeam.com
'It will take some more time because the affordability of these cars have changed drastically.'
Maruti's exports in May were down 2.4% at 9,089 units
The scrip jumped as investors tracked weakness in the Japanese yen which would boost margins of Suzuki's Indian subsidiary by reducing the costs of imports.
'We are going to have hybrid cars, which, as far as I know, none of our competition is working on, and this includes ethanol.'
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.
Yep! And now they are slashing the prize by Rs One lakh!
The country's largest car maker, Maruti Suzuki India, on Tuesday launched a new version of its small car Estilo with a fuel efficient engine at an introductory price between Rs 3.12 lakh and Rs 3.95 lakh (ex-showroom, Delhi).
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
Launched in December 2013, the Kawasaki Z1000 costs Rs 25,000 more than the Suzuki GSX-S1000 and have almost similar equipment and power delivery. So, why are we comparing these two? Let's get into their detailing and clear the confusion with a quick comparison.
Maruti Suzuki's announcement that a proposed factory in Gujarat will be owned not by it but by a fully-owned subsidiary of Suzuki Motor Corporation gives rise to several questions related to corporate governance - and to larger questions about the regulation of multinationals in India.
The bike ticks all the right boxes when it comes to style, handling and riding dynamic.
Maruti recorded a 13.12% year-on-year surge in average revenue earned per car in 2023 compared to M&M's 7.56%, Hyundai's 6.76% and Tata Motors' 1.88%.
With the demand of diesel cars very high in India, the company said it is also lining up more diesel engine cars for the country.
Eyeing Indian mass motorcycle segment, Suzuki Motorcycle India (SMIPL) on Thursday launched Hayate, a 110cc bike, which will cost over Rs 40,000, at the Auto Expo 2012 in New Delhi.
Is this the best motorcycle to buy in the 150cc segment in India?
While the scooter will take on Honda's Activa-i, the 150-cc Gixxer will rival the Yamaha FZ and Honda CB Trigger
Suzuki Motor Corporation Chairman Osamu Suzuki has rejected an appeal by the Gurgaon unit of the Maruti Udyog Kamgar Union to reinstate the 500 workers who were sacked by Maruti Suzuki's management for their alleged involvement in the violence at the company's Manesar plant on July 18, which left one dead and several injured. The facility was locked out for about a month.
Powered by a 996cc engine, the transmission is a CVT unit that transfers power to the front wheels.
New subsidiary to supply cars to Maruti Suzuki
Kizashi, Suzuki's first entry into the all-wheel-drive sport sedan segment, arrived in dealer showrooms of North America in December last year and the company has so far sold about 300-400 units in the country.
Indian car major Maruti's Japanese parent Suzuki on Wednesday said it will sell 19.9 per cent stake to Germany's Volkswagen for about $2.5 billion (about Rs 11,500 crore).
Despite the premium, the Suzuki Gixxer SF feels worth every penny making it our winner in this comparison against Yamaha Fazer and Bajaj Pulsar Adventure Sport 150
Trouble is brewing at the Gurgaon plant of Suzuki Motorcycle India with workers threatening to go on strike after Holi demanding reinstatement of three suspended colleagues.
Collectively, these companies spent Rs 628 crore (Rs 6.28 billion) on political contributions in the past five years, according to their annual reports.
The Jailer song Kaavaalaa, featuring Rajinikanth and Tamannaah Bhatia, has become very popular.
The proposal was cleared by FIPB at its meeting on March 30, 2005.\n\n
'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the ministry of road transport and highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
When it comes to electric cars, the electric dream is turning out to be a six-letter word starting with f, ending with y, and having antas in between, notes Suveen Sinha.
American tech billionaire Elon Musk on Saturday said his proposed visit to India has been postponed due to "very heavy Tesla obligations". The electric carmaker Tesla CEO -- who was expected to be in India on April 21 and 22 and scheduled to meet Prime Minister Narendra Modi -- wrote on X that he is looking forward to coming to India later this year.
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