Maruti Suzuki Baleno records highest sales in July 2017, 2nd most selling car in India
Maruti Suzuki Baleno, which was earlier sitting at the 5th spot, has gained three catches sight of to become the runner-up in the top ten selling cars of July two thousand seventeen with Nineteen,153 units sold, this is also the highest ever sales of Baleno in a single month.
March auto sales report: The winners and laggards
The country’s largest car maker Maruti Suzuki grew by seven percent while Hyundai grew by nine per cent and Tata Motors grew by a scorching eighty four percent during last month.
Can the Maruti Suzuki stock comeback 25%? Here’s what Motilal Oswal has to say
Gujarat plant is expected to ease capacity constraints and help to drastically reduce waiting periods for products like Baleno, Brezza and Ignis.
Maruti Suzuki sales rise 8% in March to 1.39 lakh units
The Delhi-based company ended the financial year with its highest-ever total sales/
Maruti to embark selling Ciaz from Nexa outlets from Apr
The country’s largest carmaker Maruti Suzuki India (MSI) will embark selling mid-sized sedan Ciaz only from its premium retail chain Nexa from April 1.
Maruti sales up Ten.9% at 1,30,280 units in February
The company’s domestic sales stood at 1,20,735 units, up 11.7 percent from 1,08,115 units in February last year, MSI said in a statement.
Sensational: Maruti aims to be one-stop shop for cars with Rohtak R&D hub
Suzuki-controlled home-grown carmaker Maruti Suzuki is sprucing up its product development capabilities, aiming to become an end-to-end manufacturer and reducing dependence on its parent company.
Maruti eyes respite from long wait for cars sold at Nexa outlets
The company presently sells three cars through its Nexa showrooms â€“ hatchback Baleno, urban compact vehicle Ignis and cross-over S-Cross.
Maruti’s sales demonstrate the middle class unfazed by demonetisation
Maruti, the country‘s top carmaker with a market share of close to fifty one percent, clocked volume growth of Three.Five percent in the October-December two thousand sixteen quarter, well ahead of industry growth of 1.8 percent.
Maruti Q3 net seen up 74% at Rs one thousand seven hundred seventy six cr, margins may grow 15.5%
In Q3 EBITDA is seen gaining Eighteen.8 percent at Rs two thousand five hundred seventy eight crore against Rs 2169.1 crore while operating profit margin may stand at 15.Five percent versus 14.Trio percent YoY.
Sales of top ten auto brands unfazed by demonetisation
As automobile industry came to terms with the aftereffects of demonetisation, ten passenger car brands including the likes of Maruti Suzuki‘s Swift, Hyundai’s Grand i10 and Renault’s Kwid showcased resilience in November and December.
Gujarat plant to cut waiting period for Baleno, Brezza: Maruti
At present, the two models have a waiting period ranging inbetween 20-24 weeks depending upon the variants.
Motown’s Dec sales in slow lane, rural India faces worst hit
Acute fall in retail and inventory de-stocking will hit the wholesale market, Nomura said in a note. Medium & mighty vehicles are likely to be impacted most and a thirty percent drop in the segment is possible.
MSI to get 10K Balenos from Suzuki’s Gujarat plant this fiscal
Suzuki has envisaged a total investment of around USD 1,400 million on the plant which will house two vehicle assembly lines of Two.Five lakh units per annum each and an engine plant. It will roll out Baleno from the very first assembly line.
Maruti Nov sales leap 12% at 1.35 lakh units, exports down 10%
Maruti Suzuki, the country’s largest car manufacturer, hammer analysts’ expectations on November sales front due to strong spectacle in domestic business.
See Ashok Leyland sales at 12k units for next few months: IIFL
Prayesh Jain of IIFL sees no major request revival in Ashok Leyland’d products. On Maruti’s powerless sales numbers for October, Jain says it may be due to the high number of festive holidays in the month.
Maruti Suzuki Oct sales fall 0.3%, exports drop 24%; UV up 91%
Maruti Suzuki disappointed analysts with its October sales as it sold 1.33 lakh units during the month, down 0.Trio percent compared with 1.34 lakh units sold in year-ago period. It was worst on month-on-month basis as sales fell Ten.Trio percent.
Maruti Suzuki Q2 profit hops 60%, margin expands 80bps to 17.3%
India’s largest car manufacturer Maruti Suzuki’s quarterly earnings surpassed analysts’ expectations with profit rising sharply by 60.Two percent year-on-year to Rs Two,398 crore. It was boosted by other income, operational income and volume growth.
Maruti Suzuki Q2 profit seen up 52% but margin may contract
India’s thickest car manufacturer Maruti Suzuki is expected to report stellar spectacle in July-September quarter with profit rising a whopping fifty two percent year-on-year to Rs 1,868 crore but margin may decline, according to analysts polled by CNBC-TV18.
Maruti plans to export Baleno to over one hundred mkts globally
Country’s largest carmaker Maruti Suzuki India (MSI) is looking to launch the premium hatchback Baleno in fresh markets, including Caribbean Islands and South Africa, in the coming months as part of plans to export the model to over one hundred nations.
Maruti Baleno gets past one lakh cumulative sales mark
The auto major had launched Baleno in India on October twenty six last year. Besides domestic sales, the company has shipped out 33,800 units of the car to various markets across the globe, including Japan and Europe.
Maruti plans Ignis launch in Q4, to drive out fifteen models by 2020
Speaking to CNBC-TV18, RS Kalsi, ED – Marketing & Sales of Maruti Suzuki says that request for both Brezza and Baleno has been more than the company‘s estimates.
MSI may advance 2nd phase of capacity expansion at Guj plant
The very first phase of the plant with a capacity of Two.Five lakh units is expected to become operational by early next year.
Maruti proceeds to rule passenger vehicles segment
Maruti Suzuki India has maintained its leadership position in the country’s passenger vehicle (PV) market in July with seven of its models featuring in the top ten selling brands last month, including recently launched compact SUV Vitara Brezza.
CLSA upgrades Maruti on diminished yen exposure, PV segment success
Success of Baleno (a premium puny car), Ciaz (a sedan) and Vitara Brezza (an urban SUV) has taken the company to leadership position in all segments except rural SUVs and significantly improved Maruti‘s long-term market share outlook.