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Maruti Suzuki India Reports August Total Passenger Vehicle Production Of 111,368 Units
Maruti Suzuki India Announces Price Increase For Select Models
Maruti Suzuki India Ltd - To Proactively Recall 181,754 Units Of Some Petrol Variants Of Cars
Maruti Suzuki India Limited is a holding company. The Company is engaged in the manufacture, purchase and sale of motor vehicles, components and spare parts (automobiles). The other activities of the Company comprise facilitation of pre-owned car sales, fleet management and car financing. Its geographical segments include the domestic segment, which includes sales to customers located in India, and the overseas segment, which includes sales to customers located outside India. The Company's product portfolio includes Alto 800, Alto K10, Wagon R, Celerio, Ritz, Swift, DZire, Ertiga, Omni, Eeco, Gypsy and Ciaz. Its service offerings include Maruti Finance, True Value, Maruti Genuine Parts, Maruti Genuine Accessories, Maruti Suzuki Auto Card and Maruti Driving School. It has approximately five plants, located in Palam Gurgaon Road, Gurgaon, Haryana, and at Manesar Industrial Town, Gurgaon, Haryana, with an installed capacity of over 1.5 million vehicles per year.
Auto & Truck Manufacturers
1, Nelson Mandela Road,, Vasant Kunj,
Ravindra Chandra Bhargava
Non-Executive Chairman of the Board
Chief Executive Officer, Managing Director, Executive Director
Chief Financial Officer, Member of the Executive Board - Finance and Internal Audit
Chief HR, IT Officer & MEB (Human Resource,Information Technology, Safety, Digital Enterprise)
C. V. Raman
Chief Technology Officer and MEB (Engineering)
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India's biggest car maker Maruti Suzuki warned on Tuesday its vehicle production in September will tumble by 60% due to a chip shortage, joining a slew of global automakers facing a pandemic-led paucity of critical components.
India's antitrust regulator has fined Maruti Suzuki, the country's biggest carmaker, 2 billion rupees ($27 million) for anti-competitive practices related to how it forced dealers to discount cars, the watchdog said in an order on Monday.
Maruti Suzuki India Ltd shares fell nearly 3% on Thursday, a day after India's top carmaker missed estimates for quarterly profit margins as rising raw material costs eclipsed a robust revival in demand for its vehicles.
India's largest motorbike maker, Hero MotoCorp Ltd , extended a shutdown at its manufacturing facilities across India till May 16, a day after Maruti Suzuki India Ltd announced a similar move, citing the COVID-19 pandemic.
India's largest automaker, Maruti Suzuki India Ltd, said on Saturday it was extending a planned maintenance shutdown until May 16 from May 9 citing the COVID-19 pandemic.
India's top carmaker Maruti Suzuki reported total sales of 159,691 vehicles in April, down 4.4% from the month before but still marking a sharp recovery from last year when the country was locked down to help battle the coronavirus pandemic.
Companies are using their industrial muscle to help India in its fight against COVID-19, seen as increasingly crucial as the health system groans under the weight of surging infections and a rising death toll. Many private-sector companies are helping plug a shortage in...
Maruti Suzuki India Ltd said on Tuesday a fresh surge in coronavirus cases in the country would strengthen demand for personal mobility, and that lockdowns in some cities had not yet hurt the carmaker's sales or production.
Maruti Suzuki India Ltd reported a 9.7% drop in fourth-quarter profit on Tuesday, as weak demand for vehicles during the COVID-19 pandemic and higher commodity costs hurt India's largest carmaker.
Indian shares edged up on Tuesday ahead of a slew of earnings reports from blue-chip companies, including Maruti Suzuki India, with gains led by Reliance Industries and IT stocks.
Maruti Suzuki India Ltd will raise prices for different car models in April, its second increase in 2021, due to a rise in various input costs, the automaker said on Monday.
Maruti Suzuki India Ltd posted a drop in quarterly margins on Thursday as rising costs took the shine off an uptick in demand, sending shares of the country's top carmaker down 3.5%.
Maruti Suzuki India Ltd on Thursday reported a rise in third-quarter profit, helped by sales during the festive season and as the easing of lockdown restrictions saw more customers return to the carmaker's showrooms.
Indian shares edged higher on Tuesday after dropping 2% in the past couple of sessions, with carmaker Maruti Suzuki gaining after deciding to raise prices of select models.
Maruti Suzuki India Ltd will raise prices for some car models to mitigate the impact of rising costs, the country's largest automaker by market value said on Monday.
Indian shares inched up to record highs on Tuesday, led by gains in IT stocks and top automaker Maruti Suzuki, as hopes for a coronavirus vaccine supported risk sentiment.
India's largest carmakers posted strong monthly sales numbers on Sunday, signalling that demand could be returning to the country's ailing economy during the festival period.
Maruti Suzuki India Ltd, India's biggest carmaker, said on Thursday there was no immediate need for the government to cut taxes on cars to boost sales even as it warned of uncertainty in demand after December.
Maruti Suzuki India Ltd reported a profit for the second-quarter on Thursday, as the lifting of coronavirus restrictions brought back customers to the carmaker's showrooms and also eased supply chain disruptions.
Maruti Suzuki India Ltd reported a quarterly loss for the first time since its listing in 2003, as the coronavirus lockdown and supply chain disruptions sapped demand for the country's biggest automaker.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.