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|30th April 2010, 11:15||#16|
Senior - BHPian
Join Date: Sep 2009
Thanked: 110 Times
Well the maruti's got to thank the Indian government and the lethargic babus for the sales and the revenue figures.
Imagine, if India was a country with big roads and not much traffic snarls , I bet all of us would have opted for the bigger cars. For the bigger cars Maruti would surely not have an edge over the free markets entrants like Ford, VW, Toyota and Honda.
Ditto for the government taxes rules favouring small car.
But for these two reason, in case if there was a level playing field, I wonder if maruti would be having these amazing figures.
But nevertheless, these numbers could have not been achieved if not for a deeper thought process and hard work of around 50k workers directly or indirectly associated with Maruti, hats off to you guys..
Last edited by xingamazon : 30th April 2010 at 11:16.
|24th July 2010, 17:13||#17|
Join Date: Feb 2004
Thanked: 99,787 Times
Market pressures! Net profit 5.78%. And our favourite measure - profit per car - down to Rs. 16,412. Of course, this is after royalties paid to Suzuki Japan.
|24th July 2010, 18:55||#18|
Join Date: Nov 2009
Location: California, USA
Thanked: 375 Times
I think the single biggest reason Maruti holds strong is because of the service experience
I do agree that every brand has good service stories and bad service stories both of which are true, but in the case of Maruti they manage to keep it "good" for the most part.
Whoever I see in office who owns a Maruti, they have only good things to say about the service experience.
|25th July 2010, 06:42||#19|
Join Date: Mar 2010
Thanked: 434 Times
Read the following article
Source: Maruti Suzuki skids in June, net profit down 20% to Rs 465 crore-Earnings News-Earnings-News By Company-News-The Economic Times
the company’s market share fell below the 50% mark for the first time in its 26-year operations in India. During the quarter, Maruti’s market share declined to 47.59% from over 55% in the local market.
It will be interesting to see how Maruti can hold on to its market share and whether it can cross 50% again.
|26th July 2010, 09:25||#20|
Join Date: Nov 2007
Thanked: 0 Times
Q on Q profit down by 20% and the share value plunges by 9% Trading at 1231 (-128 Rs). Maruthi may need to work hard to retain the market share as well profits.
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