Recently, Suzuki Motor Corp (SMC) in an investor presentation expressed strong intent to enter the electric vehicle (EV) space. This is part of a larger strategy the Hamamatsu-based firm has drawn up in developing electrification of technologies as it seeks to achieve carbon neutrality. The significance of this presentation is that it marked the first time that the Japanese carmaker spelt out its EV strategy with well-defined timelines. SMC plans to develop electrification technologies by 2025, fully implement them in products from the same year, and make a full-scale quantitative increase from 2030.
The Supreme Court has registered a suo motu contempt case against journalist Rajdeep Sardesai for his tweets allegedly scandalising the judiciary.
Maruti Suzuki growing in double-digits; Suzuki's Japan Q1 top line rose only 1%.
They are also on the board of Maruti Suzuki India.
High cost of acquisition due to a variety of reasons, including higher GST than all other major countries, is slowing down car demand in the country and unless the Centre and states take steps to reduce it, the industry is unlikely to experience reasonable growth, according to Maruti Suzuki India Chairman R C Bhargava. Addressing shareholders in the company's Annual Report for 2020-21, he said after the devastating second wave of the coronavirus pandemic hitting the first quarter of FY22, the performance in the next three quarters will largely depend on how effectively people get vaccinated and observe safety protocols.
'Am I going to take my money with me when I die tomorrow?' asks Kadar Shaikh when asked about the money he spent to develop two COVID-19 isolation centres with 145 beds by spending more than Rs 1 crore.
Mamata Banerjee thanked people for casting their votes in favour of the TMC.
In the next 2-3 years the company will pump in Rs 4,000 cr in product development, R&D and marketing infrastructure.
Suzuki Motor Corporation (SMC) on Friday said it has terminated the partnership pact with Volkswagen AG (VW) after two years of unsuccessful attempts to gain access to technology from the German firm.
Mahindra, which emerged as the preferred bidder for SsangYong in August 2010, will now hold a 70 per cent stake in SMC, for which it has shelled out $463 million (about Rs 2,105 crore).
Maruti Udyog Ltd will hold 70 per cent stake in the new subsidiary, while the remaining would be with the Japanese company, MUL Managing Director Jagdish Khattar told reporters in New Delhi after the company's board meeting.
The company had set an annual production target of 250,000 for its Hansalpur plant in Gujarat.
SMC will work with Microsoft and its partners to bring solutions for water management and urban planning
The carmaker has managed to significantly improve its product mix in the past two-three years by successfully launching sedans, utility vehicles and premium hatchbacks.
Srinagar Municipal Corporation has on anvil plans to refurbish the corporation in a big way and is planning to use the experiences of Pune Municipal Corporation in this regard.
The testing facility at Rohtak would have more than 30 different tracks covering a length of about 30 km to check the various operational aspects of a vehicle.
The amount would depend on the time period that would elapse from the start to when capacity reaches 1.5 million cars
The number of active cases of the coronavirus infection in the country has gone up to 37,45,237, accounting for 16.53 per cent of its total caseload, while the national COVID-19 recovery rate was recorded at 82.39 per cent.
According to a study by SMC Capitals, there are about 3.1 crore (31 million) active users on social networking sites such as Facebook, Orkut and Twitter across the country, whereas the number of Demat account holders is just 1.7 crore (17 million).
Maruti Suzuki has outperformed Suzuki Motor Corp in terms of profitability, with the Japanese parent today posting a consolidated net profit of 28.91 billion yen (about Rs 1,395 crore) for the fiscal 2009-10, almost half of that of the India's largest carmaker.
The AAP has made inroads into Gujarat's politics by winning 27 seats of Surat Municipal Corporation, one of the six cities where voting was held on Sunday.
In the domestic market, the car has been well accepted and currently the company has over 80,000 bookings for the model.
Major Archbishop and Catholicose of SMC, Baselios Mar Cleemis made the announcement regarding this at St Mary's Cathedral in Thiruvananthapuram in the presence of senior prelates, priests, religions and lay members.
R C Bhargava says company's move on the Gujarat plant will be beneficial to its shareholders.
Move could be aimed at integrating operations with Indian subsidiary.
Suzuki Motor Corporation, Japan, on Thursday said it has filed suits in the Delhi High Court against ten companies for using the brand 'Suzuki' as trademark or part of their corporate names.
Suzuki Motors' Gujarat plant will be ready by 2017.
Elaborating on the pricing formula of cars produced by Maruti Suzuki at its facilities in Haryana, the company said it marked up the cost of production of the car to generate profits.
New subsidiary to supply cars to Maruti Suzuki
After a strong opening, shares of the car-maker further zoomed 9.37 per cent to Rs 1,899.90 -- its 52-week high on the BSE.
A Delhi-based organisation is helping parents become involved with their children's school experience, says Geetanjali Krishna.
The results are better than analysts expectations.
Automobile companies are worried about challenges from electric mobility, automation and connected vehicles.
Toyota's India unit will also source two cars manufactured by Maruti Suzuki, the Baleno and Brezza, including their hybrid variants, and in return Toyota will offer its Corolla sedan to Maruti.
In a filing to the BSE on Monday, Maruti Suzuki India said Suzuki Motor Corporation's stake in MSI has increased to 56.2 per cent from 54.2 per cent due to a share swap agreement with the domestic car market leader to acquire Suzuki Powertrain India Ltd.
Indian arm has cash reserves of Rs 7,000 crore, which might come in handy to set up plants around the world.
Hailing the performance of Indian sportspersons at the recently-conduclued London Olympics, former Olympians called for the setting up of a Sports Medicine Centre (SMC) as well as appointment of mental trainers to achieve excellence in the next Games.
Following the violence and arson, MSI had on July 21 announced an lockout at the plant.
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