Maruti Suzuki shareholders approve appointment of Hisashi Takeuchi as MD and CEO
99.89% of votes polled through a postal ballot were in favor of the appointment of Takeuchi as MD and CEO, the carmaker said in a regulatory filing.
Maruti Suzuki India Limited
Company limited by Shares (1) 18805+ employeesMaruti Suzuki India Limited Overview
INDIA HO
New DelhiCOMPANY SIZE
18805+ employeesCIN
L34103DL1981PLC011375TYPE
PublicCATEGORY
Company limited by SharesSUB-CATEGORY
Non-govt companyWEBSITE
FOUNDED
24 Feb,1981PAID-UP CAPITAL
1,510,400,300AUTHORISED CAPITAL
18,720,000,000Maruti Suzuki India Limited in News
Maruti Suzuki’s funding for MAIL programme amounts to INR 20 cr
The MAIL programme, which was launched in January 2019, identifies and collaborates with startups to co-create technology-led solutions in mobility and automobile space. Maruti Suzuki has partnered with GHV Accelerator, an Indo-Japanese early-stage seed fund, for the programme, the company said.
Butter has gone away from Maruti's 'bread and butter' segment, small cars: RC Bhargava
Addressing a virtual earnings call conference, Bhargava said over the last three years the market at the lower end, for people who either use two-wheeler or use entry level hatchbacks for commuting, has been shrinking significantly.
Maruti Suzuki Q4 profit up 51% to INR 1876 cr
Its revenue from operations stood at INR 26749 crore in Q4 FY22 as against INR 24035 crore in Q4 FY21.
Maruti Suzuki banking on MPVs, small cars to cushion up for lost SUV share
In the non-SUV segment, Maruti Suzuki’s market share has gone up to 66.5% last year and in the MPV market, it is about 61%. However, in the SUV category, where it offers only two products, Brezza and S-Cross, as against the 46 SUV models in the market, its share is only 12%.
Maruti Suzuki opens bookings for new version of XL6 MPV
Customers can pre-book the model with an initial payment of INR 11,000 on the company's website or any of its 410 premium retail channel Nexa showrooms across the country, the carmaker said.
Maruti Suzuki logs record sales of 2.3 lakh CNG cars in FY22; has backlog of 1.2 lakh bookings
CNG cars contributed 17% to the total sales and 33% to the sales of the models with CNG variants. CNG’s contribution to the overall industry sales is about 8.5%. Maruti Suzuki has 9 out of 15 models with CNG options. The biggest driver of the demand is the low running cost of CNG cars at about INR1.80 /km. For petrol / diesel cars it is about INR 5.20 /km, the company said.
'India poised to see highest-ever passenger vehicle sales'
The highest car sales ever recorded in a single year in India was in 2018-19, when industry volume was at 33.8 lakh units. After that, sales of passenger vehicles - including small cars, sedans, SUVs and MPVs - slipped to 27.7 lakh units in 2019-20 due to economic challenges and slowdown in metros.
Maruti Suzuki invites entries for Cohort 7 of MAIL programme, announces winners of Cohort 5
The programme allows startups to collaborate with Maruti Suzuki and co-create innovative solutions in the mobility and automobile space, the company said.
Maruti Suzuki launches ‘Customer Convenience Package’ to cover vehicles for unforeseen engine failures
As per the customer research, the company has found that customers today are more risk-averse when it comes to their cars and believe in being prepared for any eventuality regarding their vehicle, he added.
Maruti Suzuki CNG vehicle range clocks 10 lakh sales since 2010
The company which started its CNG journey in 2010 clocked cumulative sales of 15,900 vehicles in FY11. This was followed by 3.5 lakh sales by FY17 and 5.3 lakh sales by FY19. By FY21, it had recorded CNG sales of 7.98 units.
Auto Inc expects double-digit growth; PV volumes to reach 3.5 million in FY23
The industry is estimating a double-digit growth in FY 2022-23 and passenger vehicle volumes are expected to reach up to 3.4 million to 3.5 million. For two-wheelers, even though the demand has been dim, segment leaders stay optimistic as the fundamentals of the rural economy remain intact.
Maruti Suzuki expects passenger vehicle sales to expand in double digits in FY23
On its part, Maruti Suzuki would like to sustain a strong growth momentum of FY22 on the back of its biggest product offensive seen in recent years. That will see significant reinforcement in the SUV portfolio. It will be banking on a new range of SUVs – both below and above 4 metres in length - to regain lost share.
Maruti Suzuki drives in Dzire S-CNG trims with price starting at INR 8.14 lakh
The new vehicle is powered by an advanced K-series Dual Jet, Dual VVT 1.2L engine, Dzire S-CNG delivers a peak power of 57kW@6000 rpm and an incredible mileage of 31.12 km/kg, the release added.
With USD 10 bn investment, industry can tap USD 2 trillion global semiconductor market, says ex-IIT Delhi director
More centers of excellence (CoE), he said, need to come up and a patenting culture should be encouraged to build on the strengths of the fledgling nanotechnology ecosystem. The Maruti Suzuki model, Rao added, has transformed the semiconductor space in meeting the demand for semiconductors with a few critical changes taking place due to the collaboration between Maruti and Suzuki.
Maruti Suzuki wins 2020/21 Vision Award
The 2020/21 Vision Awards Annual Report Competition is organized by the League of American Communications Professionals LLC (LACP), USA.
Maruti Suzuki launches “Finance your car from anywhere” campaign
Through the campaign, Maruti Suzuki aims to spread awareness about how the Smart Finance platform has redefined the modern car buying experience, the company said.
Maruti may miss march output target by 10-15% on chip shortage
According to several people in the know, Maruti Suzuki has guided component suppliers on production of up to 140,000 units in March, as against the earlier plan of producing 160,000 units and even a peak of up to 190,000 shared at the beginning of 2022. The output is set to fall month-on-month also by 10-15%.
Hatchbacks to remain a major segment even as SUV market grows: Maruti Suzuki
The Indian passenger vehicle market leader plans to enhance presence in the SUV segment with new models from this year. However, it expects the hatchback market to be the largest volume contributor to the industry though by a small margin.
Maruti Suzuki domestic PV sales drop 7% to 133,948 units in February
Total domestic sales (including passenger vehicles and light commercial vehicles) stood at 137,607 units in February this year, compared to 147,483 units in February 2021.
Directors of Maruti Suzuki India Limited
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Shigetoshi Torii | Unlock to View | Unlock to View | Director | 31 Jul,2014 |
| Toshihiro Suzuki | Unlock to View | Unlock to View | Director | 28 Oct,2013 |
| Toshiaki Hasuike | Unlock to View | Unlock to View | Director | 27 Apr,2013 |
| Rajinder Pal Singh | Unlock to View | Unlock to View | Director | 25 Jan,2013 |
| Kinji Saito | Unlock to View | Unlock to View | Director | 28 Apr,2012 |
| Kazuhiko Ayabe | Unlock to View | Unlock to View | Director | 28 Apr,2012 |
| Kenichi Ayukawa | Unlock to View | Unlock to View | Director | 21 Jul,2008 |
| Amal Ganguli | Unlock to View | Unlock to View | Director | 05 Sep,2006 |
| Davinder Singh Brar | Unlock to View | Unlock to View | Director | 05 Sep,2006 |
| Ravindra Chandra Bhargava | Unlock to View | Unlock to View | Director | 09 Sep,2005 |
| Pallavi Shardul Shroff | Unlock to View | Unlock to View | Director | 09 Sep,2005 |
| Osamu Suzuki | Unlock to View | Unlock to View | Nominee Director | 20 Sep,2002 |
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