Between January and August 2025, over 65,000 units of the Bolero were sold, making it the third-highest contributor to Mahindra's overall SUV sales. Bolero annually achieves sales of over 1 lakh units.
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).
Leading passenger vehicle maker Maruti Suzuki on Saturday reported marginal growth while Hyundai and Tata Motors posted a decline in their sales in February as a slowdown in the market continued with demand remaining muted. On the other hand, Mahindra & Mahindra and Toyota Kirloskar Motor posted double-digit growth riding on their SUV and MPV models.
The country's largest carmaker Maruti Suzuki India (MSI) on Monday said it has increased prices of its entire product range, except Celerio, by up to 1.9 per cent with immediate effect. In a regulatory filing, the company noted that it has taken the decision to hike prices due to an increase in various input costs. The weighted average price rise in ex-showroom prices (New Delhi) across select models is 1.9 per cent, it added. This is MSI's third price hike this year.
From the Sensex pack, IndusInd Bank, Infosys, Bajaj Finserv, Mahindra & Mahindra, Zomato, Hindustan Unilever, Power Grid, Axis Bank, UltraTech Cement, Adani Ports, and Tata Consultancy Services were among the laggards. On the other hand, Sun Pharmaceuticals, ICICI Bank, Bharti Airtel, HCL Technologies, Maruti Suzuki India, Larsen & Toubro, Reliance Industries, Kotak Mahindra Bank and Titan were the gainers.
Maruti Suzuki, India's biggest carmaker, reported a 36 per cent rise in third-quarter net profit, matching estimates, as favourable foreign exchange movement and cost reduction efforts offset falling sales.
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.
Risks emerging from the US have left automotive investors worried. US President Donald Trump has announced 25 per cent tariffs on automotive imports, while global electric carmaker Tesla has taken its first steps towards entering India. While these developments are sentimentally negative for related stocks, it may be too early to conclude the eventual impact, analysts said.
Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.
Toyota Kirloskar Motor (TKM) has reported a consolidated net profit of Rs 4,787 crore for 2023-24 (FY24) - more than three times the earnings recorded the previous year. This growth can be attributed to robust demand for its vehicles, particularly hybrid models and cross-badged cars from the Toyota-Suzuki alliance.
The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a consolidated net profit of Rs 475 crore for the first quarter ended June 30. The auto major had posted a consolidated net loss of Rs 268 crore in the April-June quarter of 2020-21. It noted that during the first quarter its sales and production were adversely impacted due to the second wave of the COVID-19 pandemic.
The move offers flexibility in compliance but also places penalties squarely on the designated manager of such a pool.
From the Sensex pack, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Infosys, Tata Motors, Bajaj Finance, Kotak Mahindra Bank, Mahindra & Mahindra, Bharti Airtel and Maruti Suzuki India, Tata Steel were the major laggards. PowerGrid, Sun Pharmaceuticals, UltraTech Cement, NTPC, Asian Paints, Nestle India, Titan, IndusInd Bank and Axis Bank were among the gainers.
Suzuki will also meet Haryana Chief Minister Bhupinder Singh Hooda, industry sources said. The country's largest car maker Maruti Suzuki India, majority owned by the Japanese firm, is investing up to Rs 1,500 crore (Rs 15 billion) in building test tracks and an R&D centre in Rohtak, Haryana.
Apple Inc's iPhones assembled in India achieved market revenues of Rs 162,000 crore. Tata Steel's revenue for the same period was Rs 162,324 crore.
'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'
India's used car market, which has been growing steadily at 10-12 per cent over the last 2-3 years, is expected to reach $40 billion in FY26.
Luxury carmakers are shifting into high gear with a mix of product launches, personalised experiences and lifestyle-led engagement.
The country's largest carmaker Maruti Suzuki India on Tuesday reported 17.8 per cent increase in net profit at Rs 802.2 crore (Rs 8.02 billion) for the third quarter ended December 31, 2014
LIC sold a total of 58,29,103 shares of the company aggregating 2.018 per cent stake between August 24, 2009 and November 11, 2012 through the open market, Maruti Suzuki India said in a filing to Bombay Stock Exchange.
India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts.
According to experts, even if an additional 5 per cent of people opt to buy new vehicles, it may bring a huge boost to the sector.
Japanese carmaker Suzuki Motor Corp is recalling the automatic transmission version of its compact car 'Alto' in Europe, which is sold under the brand A-Star in India.
Japanese carmaker Suzuki Motor Corp is recalling the automatic transmission version of its compact car 'Alto' in Europe, which is sold under the brand A-Star in India.
Tesla needs to either sell the same models with reduced features to lower the cost for Indian market, or incur losses.
Passenger vehicle dispatches from companies to dealerships witnessed an increase of 1.6 pc year-on-year in January at 399,386 units driven by robust demand for utility vehicles, industry body SIAM said on Thursday. It was the highest-ever passenger vehicle dispatch for the month of January.
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.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
In the domestic market, the car has been well accepted and currently the company has over 80,000 bookings for the model.
MSI's exports increased by 54.34 per cent to 14,386 units in January, from 9,321 units in the year-ago period.
Osamu Suzuki, chairman, Suzuki Motor Corporation, is likely to meet Gujarat Chief Minister Narendra Modi to finalise plans to set up a manufacturing plant for Maruti Suzuki India.
Auto majors Maruti Suzuki India and Hyundai reported muted sales performance in October as the companies curtailed dispatches to dealers in order to cut inventory build up.
The car will be priced up to Rs 805,000.
In May, MSI recorded domestic sales at 89,478 units, compared to 93,519 units in the year-ago period, registering a fall of 4.32 per cent.
Ahead of the festive season, several passenger and commercial vehicle manufacturers have agreed to offer discounts of 1.5-3 per cent on new vehicle purchase against scrapped old vehicles after a meeting with Union Minister Nitin Gadkari, an official statement said on Tuesday. The statement further said Mercedes Benz India has offered a flat discount of Rs 25,000, which will be over and above all existing discounts. Union Road Transport and Highways (RT&H) Minister Nitin Gadkari on Tuesday chaired a meeting with the SIAM delegation at Bharat Mandapam, where he addressed pressing issues in the automobile industry.
'I always liked riding, from cycle to motorcycle, I really enjoy it.'
'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'
Mahindra & Mahindra plans to manage rare earth magnet supplies through alternative sourcing channels for the next nine months and will pursue 'engineering efforts' to address the raw material shortage situation amid growing product portfolio, according to a senior company executive. The imposition of export restrictions by China on key rare earth magnets has resulted in supply chain bottlenecks, impacting the user industries, including the auto and electronics sectors.
The company also recorded its highest-ever annual sales in 2008-09 at 792,167 units as against 764,842 units in the previous fiscal, a rise of 3.57 per cent. The previous highest annual sales were in 2007-08. '2008-09 marked Maruti Suzuki's silver jubilee year in India. Over these 25 years, the company sold over 70 lakh cars in the domestic market. Additionally, over 5 lakh cars have been exported the world over,' Maruti Suzuki India said in a statement.
Suzuki Motor Corporation's Indian subsidiary, Maruti Suzuki India Ltd (MSIL), is going to play an increasingly important role in designing and developing global vehicles for the Japanese auto company in the coming years.
