Maruti plans 6 EVs by 2030; eyes 15% volumes
While Suzuki has earmarked ¥2 trillion for electrification-related investments, it has plans on using biogas for its CNG models that account for about 70% of the CNG car market in India
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Maruti Suzuki, Kamarajar Port sign agreement to export 20,000 vehicles
With this, Kamarajar Port has become the fourth port, after Mumbai Port, Mundra Port and Pipavav Port, which will be used by the automobile manufacturer for the export of its vehicles globally.
Heavy taxation coming in the way of growth in car market: RC Bhargava
At 28%—the highest slab of GST—and a compensation cess ranging between 1% and 22%, India's policy of heavily taxing passenger vehicles is dulling the prospects of growth in the industry, says Bhargava
Maruti Suzuki recalls 9,125 units to fix seat belt issue
The company has recalled the suspected vehicles for inspection and replacement of the faulty part, free of cost.
Auto stocks decline despite robust sales in festival season
While the share price of Tata Motors, Mahindra & Mahindra, and Maruti Suzuki dropped up to 3%, the nifty auto index plunged 1.09% at 13,048 points.
PV industry volumes to reach 3.7 mn units in FY23: ICRA
The ratings agency says the demand for passenger vehicles has remained healthy since the beginning of the calendar year, led by strong demand and an easing up of semiconductor shortages.
Maruti Suzuki domestic PV sales jump 29% in Oct
The shortage of electronic components had a minor impact on the production of vehicles, says Maruti Suzuki.
Maruti stock hits 52-week high on strong Q2 results. What brokerages say
The development comes days after the auto major on Friday reported a four-fold jump in net profit to ₹2,061.5 crore during the July to September quarter this year.
Maruti Suzuki Q2 profit leaps over fourfold to ₹2,061.5 cr; stock jumps 5%
Shares of Maruti Suzuki rose as much as 5.6% to ₹9,548 on the National Stock Exchange.
How India Can Stem $8.63 Billion Outflow Of Foreign IP Payouts
India needs a new regime to stem the outflow of $8.6 billion a year for using intellectual property of foreign entities. Here's the road ahead.
