Maruti Suzuki doesn't expect small car sales to recover until 2026
Price hikes in small cars due to regulations are quite steep whereas salary hikes have not happened to that extent, says Maruti Suzuki senior executive Partho Banerjee
Price hikes in small cars due to regulations are quite steep whereas salary hikes have not happened to that extent, says Maruti Suzuki senior executive Partho Banerjee
Maruti Suzuki clocked wholesales of 1.37 lakh units, cornering a market share of 40.8%.
While hybrids outsold electric vehicles in the last six months of the financial year 2023-24, they accounted for just 2.1% of total car sales.
Maruti Suzuki clocks net profit of ₹13,209 crore in FY24, 64% higher than the net profit of ₹8,049 crore in FY23.
Shares of PV maker trading up 1.75%; co on Tuesday commissioned another vehicle assembly line in Manesar
The new vehicle assembly line can manufacture 100,000 units per annum.
India's largest carmaker Maruti Suzuki clocks highest-ever sales in FY24
Maruti becomes first automaker in India to cross ₹4 lakh crore market cap
Premium positioning in a booming car market and a superior management structure make Landmark Cars — The Next 500 topper — a cut above the rest in a low-margin dealership business.
Tata Motors registers 20% rose in domestic passenger vehicle sales