Maruti Suzuki India Limited - Latest Posts
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The Suzuki Motor Corporation of Japan, the parent company of Maruti Suzuki India, on Thursday announced a new mid-term plan with a "rethink" in its strategy as "the business environment has changed due to declining market share in India" and the growing electrical vehicles segment. In its new mid-term plan for 2025-30, the company has identified India as its "most important market". Maruti Suzuki aims to create a manufacturing capacity of producing 4 million cars annually to reclaim a 50 per cen...
Passenger vehicle sales saw a sharp 14 per cent year-on-year (Y-o-Y) decline in November, much below the market expectations. This comes as wedding-related sales remained subdued following a blockbuster October — which logged the highest-ever car sales due to the festival season. On the other hand, two-wheeler sales saw the highest-ever numbers of 2.6 million, an increase of 16 per cent, but the industry claimed it to be below market expectation. Tractor sales saw an impressive 29.88 per c...
