Maruti Suzuki to hike car prices from January 2024
The model-specific price increase, the company said, is owing to increased cost pressure.
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 joins with NCC for a 21-day rally across NE States with Jimny and Grand Vitara
The rally will cover a distance of over 3500 km across 6 North-eastern states with 18 officers and 76 NCC cadets driving 7 Jimnys and 5 Grand Vitara SUVs.
Maruti Suzuki opens True Value ‘extension’ outlet in Haryana
Since entering the pre-owned car market in India in 2001, True Value has developed its pan-India presence with over 569 stores spread across 282 cites, the company said.
Maruti leases 270,000 sq ft at Tag Avenue in Gurugram
Haryana Chief Minister Manohar Lal Khattar had last year requested that the automobile giant shift its corporate office to Gurgaon while allotting 900 acres of land to Maruti Suzuki India Limited and Suzuki Two Wheeler India Private Limited in Haryana.
Maruti Suzuki signs MoU with a Jaipur college to offer training in auto retail
The tie-up with S.S. Jain Subodh P.G. (Autonomous) College, Jaipur, is part of Maruti Suzuki’s Industry Integrated Degree Program initiative. The course is to commence from the academic year 2023-24, the company said.
Officials in states continue to function like licence raj days, says Maruti Suzuki chairman
He noted that the country has seen massive improvement in the rankings when it comes to the ease of doing business. Besides, the government has also abolished over 1,000 old acts while initiating a lot of reforms in taxation as well, Bhargava said.
Karnataka govt approves 91 investment projects worth INR 7,660 cr
The Karnataka government has given the green light to 91 industrial investment proposals worth INR 7,659.52 crore, which could create 18,146 jobs. The State Level Single Window Clearance Committee approved 26 projects involving investments of over INR 50 crore, totaling INR 5,750.73 crore and with the potential to create 13,742 jobs.
ETAuto Unplugged: Understanding Auto Inc's Rural Transformation
The automotive industry in India as we know today has grown tremendously in the past few decades. Today, car penetration in the country stands at 27 per 1000. Several new companies have joined the bandwagon, a lot more new models were being introduced, consumer interests have evolved and the urban-rural divide has been narrowing. This article looks at how the auto industry has transformed in the rural markets to broaden their customer base and scale up sales.
Maruti Suzuki partners with Indian Bank for dealer financing solutions
This new alliance will empower 4000+ Maruti Suzuki dealerships across the country with comprehensive inventory funding options for their working capital requirements, the company said.
Maruti Suzuki Arena completes six years of retail business, serves 7.05 m customers
With the launch of its first showroom in 2017, ARENA has been a pioneer in offering tailor-made, digitised, seamless car buying experiences to its diverse, young, dynamic, trendy and tech savvy customers, the company said.
Maruti Suzuki Subscribe introduces pre-fixed buy-back price option
Customers are provided with the pre-fixed vehicle buy-back price along with subscription rentals under this new function. This would provide greater flexibility for customers to plan and make a more informed decision of retaining the car at the end of its subscription tenure, the company said.
Maruti Suzuki brings HDFC Bank ‘Xpress Car Loans’ feature to its Smart Finance platform
The introduction of the HDFC Bank ‘Xpress Car Loans’ feature will make the car buying experience even more convenient for prospective Maruti Suzuki customers with seamless car financing solutions, MSIL said.
Maruti Suzuki True Value sells 50 lakh pre-owned cars since 2001
Introduced in 2001, True Value has been a one-stop destination to buy and sell quality pre-owned cars. The hassle-free purchase and sale experience for customers along with cars that are safe and reliable have continuously ensured its success, the company said.
Maruti Suzuki to acquire SMG shares through equity swap
The decision to opt for an equity swap is reinforced by the conclusion drawn from the financial analysis, showing clear benefits for both the minority shareholders and MSIL.
Maruti Suzuki unveils 3.0 strategy; plans structural recast, new models
The maker of Fronx and Jimny plans to bring 10 new models to the market by FY 2030-31. It is also targeting to build two million additional annual capacity in nine years. With this, it stated that the task of managing all the issues relating to the production of 4 million units a year requires considerable thought and possible reorganisation of the structure of the company.
Maruti Suzuki India appoints Yukihiro Yamashita as Joint Managing Director, Engineering and Quality Assurance
The appointment comes following the resignation of Shigetoshi Torii, who served as a Non-Executive Director of the company until July 31, 2023.
Maruti Suzuki Q1 FY24 PAT up 144% to INR 2,525 cr
The carmaker’s revenue from operations stood at INR 32,338 crore during Q1 FY24, as against INR 26,511 crore in Q1 FY23.
Maruti Suzuki partners with Integral University, Lucknow, to offer B. Com in auto retail
The company and the University will collaborate to offer B. Com in Automobile Retail Management through an extensive three-year industry-oriented program. The students will be provided with holistic skilling via one-year theoretical training followed by two years of On-the-Job Training (OJT). The Course to commence from academic year 2023-24 .
Maruti Suzuki Launches Fronx CNG at INR 8,41,500
The Fronx S-CNG was conceptualised and created for young trailblazers, and it is equipped with features such as Dual Front Airbags, Reverse Parking Sensors, and the SmartPlay Pro infotainment system, among others.
Maruti Suzuki sells 139,648 units in June 2023 in India
The domestic sales of all PVs combined grew to 133,027 units from 122,685 units in the same period last year. However, sales to other OEMs dropped to 3,629 units from 6,314 units in the same period last year and exports dropped to 19,770 units from 23,833 units.
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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