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maruti

Hyundai’s mother of all IPOs: Where the carmaker stands, where it’s headed

by Nevil Nickel
Hyundai’s mother of all IPOs: Where the carmaker stands, where it’s headed

Hyundai Motor India Ltd, the most successful foreign automaker in the country where a few others have failed, has reportedly got nod from the Securities and Exchange Board of India …

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Maruti plans 25,000 charging points ahead of its first EV launch

by Nevil Nickel
Maruti plans 25,000 charging points ahead of its first EV launch

Mumbai: Ahead of the launch of its maiden electric vehicle, a midsize SUV called Concept eVX, in January 2025, Maruti Suzuki India plans to set up close to 25,000 EV …

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Maruti Suzuki, Hyundai and Tata Motors reduce wholesale deliveries amid low consumer demand

by Nevil Nickel
Maruti Suzuki, Hyundai and Tata Motors reduce wholesale deliveries amid low consumer demand

Top car companies including Maruti Suzuki, Hyundai, and Tata Motors have cut wholesale deliveries to dealerships due to subdued consumer demand compared to last year, leading to inventory accumulation, reported …

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Maruti Suzuki India Slashes Prices of Select Variants of Alto K10 and S-Presso Vehicles

by Mark McDuffie
Maruti Suzuki India Slashes Prices of Select Variants of Alto K10 and S-Presso Vehicles

Home Business Maruti Suzuki India Slashes Prices of Select Variants of Alto K10 and S-Presso Vehicles The company has also informed that they have cut the price of the Maruti …

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Facing ‘small delay’ in finalising site for new 10-lakh units plant: Maruti Suzuki Chairman

by Nevil Nickel
Facing ‘small delay’ in finalising site for new 10-lakh units plant: Maruti Suzuki Chairman

New Delhi, Maruti Suzuki India is facing “a small delay” in finalising the site to set up a new plant with an annual capacity of 10 lakh units although the …

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Maruti AGM: Auto industry icon RC Bhargava debunks an enduring myth citing examples from India story

by Nevil Nickel
Maruti AGM: Auto industry icon RC Bhargava debunks an enduring myth citing examples from India story

Auto industry icon RC Bhargava debunked an enduring economic myth at the Maruti Suzuki annual general meeting, underlining how India has shown the world that rapid growth and a democratic …

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Maruti to raise deferred tax liability provision by Rs 850 cr in Q2 on indexation removal

by Nevil Nickel
Maruti to raise deferred tax liability provision by Rs 850 cr in Q2 on indexation removal

Maruti Suzuki India on Saturday said it would need to increase provision for deferred tax liability by around Rs 850 crore due to the withdrawal of indexation benefit while calculating …

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Demand in slow lane, Auto Inc deploys discounts to clear inventory gridlock

by Nevil Nickel
Demand in slow lane, Auto Inc deploys discounts to clear inventory gridlock

New Delhi: Car discounts have doubled from August last year and are likely to stay high through the festive season, till end of December, as carmakers and dealers rush to …

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Maruti leads drop in Indian carmakers’ sales to dealers in July as demand cools

by Nevil Nickel
Maruti leads drop in Indian carmakers’ sales to dealers in July as demand cools

India’s top three carmakers by sales, on Thursday, reported a drop in car sales to domestic dealers in July as pent-up demand from last year began to taper off. Hyundai …

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Maruti Suzuki shares climb 4% to hit 52-week high on strong Q1 performance. Should you buy, sell or hold?

by Mark McDuffie
Maruti Suzuki shares climb 4% to hit 52-week high on strong Q1 performance. Should you buy, sell or hold?

Shares of India’s largest carmaker, Maruti Suzuki rallied 4% to hit a 52-week high at Rs 13,675 in Thursday’s trade on BSE after the firm reported strong Q1 FY24 earnings.Maruti …

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