Maruti Suzuki revenue tops Rs 50,000 crore, net profit slipsThe country’s largest carmaker’s March quarter net sales rose 29% to Rs 50,078.70 crore from Rs 38,839.1 crore in the year-ago period. Its ...
Maruti Suzuki lines up record capex of Rs 14k cr to add capacityMaruti Suzuki plans a record Rs 14,000 crore capital expenditure for FY27. This investment will expand manufacturing capacity to meet risin...
Small cars strike back: Maruti Suzuki bets on mass mobility while costs squeeze fourth quarter profitsMaruti Suzuki is prioritizing small cars for growth in India. This strategy aims for volume in a price-sensitive market. The company faces ...
GST cut sparks small car revival, decision on 5th plant in next few months: Maruti Suzuki ChairmanA GST rate cut has boosted small car sales, surprising many. Maruti Suzuki Chairman R C Bhargava stated this proves consumers still want sm...
Tax relief on up to Rs 12 lakh annual income unlikely to revive small car demand: Maruti chairmanMaruti Suzuki India Chairman R C Bhargava stated that income tax relief on earnings up to Rs 12 lakh is unlikely to boost small car demand,...
Osamu Suzuki: The visionary who bet on India's automobile future, says Maruti Suzuki Chairman R C BhargavaOsamu Suzuki, the visionary leader and mentor behind Maruti Suzuki's success, has passed away. Praised for his foresight and risk-taking in...
De-growth in small cars to stagnate the overall market next fiscal: RC BhargavaMaruti Suzuki India Ltd anticipates a stagnant domestic car market in the upcoming fiscal year due to a lack of revival in the small car se...
Maruti Suzuki India Chairman R C Bhargava calls on managements to cut expenditure on themselves amid pandemic"Management themselves need, I think, to curtail the kind of expenditures on themselves personally. Recent shareholder action seems to sugg...
Maruti Suzuki Chairman RC Bhargava: Car sales can grow significantly if third wave can be avertedWith the government developing the infrastructure for CNG distribution, consumers already seem to be showing an increased preference for ve...
Maruti Suzuki plans to invest up to Rs 18,000 crore for 10 lakh unit plantThe company has decided to shift its Gurugram plant, spread over 300 acres, because of space constraints. Since the premises falls around r...
Maruti plans to invest up to Rs 18,000 crore for 10 lakh unit plantThe greenfield location — which may be spread over 700-1,000 acres — would come as a replacement to its old (and first) factory located in ...
Demand for personal mobility to strengthen post second wave, says R C Bhargava, Chairman Maruti SuzukiDespite a rising number of covid cases in the country, the largest carmaker is going ahead with its investment plans for FY-22 of Rs 4000 t...
Suzuki defers production at new Maruti plantMaruti’s parent Suzuki has decided to defer the start of production from a new car plant in Gujarat — being built with an investment of Rs ...
Electric vehicle scene still sketchy, key is affordability: R C Bhargava, Chairman, Maruti Suzuki"If rural areas become more prosperous, the incomes go up, as has been promised."
Maruti Suzuki Chairman R C Bhargava says trend of decline in car bookings post demonetisation is reversingMaruti Suzuki's bookings had registered a drop of 20% in November as consumers put off fresh purchases after the government demonetised hig...
Self-driving cars won't work in India: R C BhargavaAsked about the impact of taxi aggregators like Ola and Uber on the automobile manufacturers, Bhargava said they were good for the industry.
Maruti Suzuki to increase production to meet rising demandMaruti Suzuki today said it will ramp up production at its existing plants in Gurgaon and Manesar to meet rising demand.