Team-BHP - Maruti to become bigger than Suzuki's global operations

Suzuki Announces the Financial Results for FY2015
(April 2015 to March 2016)
- Increased sales and income for this fiscal year.
- The Company prospects decrease in sales and income results for the next fiscal year owing to the appreciation of the yen!

The consolidated net sales of this fiscal year (April 2015 to March 2016) increased by ¥165.2 billion (5.5%) to ¥3,180.7 billion compared to the previous fiscal year. The Japanese domestic net sales decreased by ¥46.7 billion (4.3%) to ¥1,047.9 billion year-on-year owing to the impact of the hike in the light motor vehicle tax and decrease in the OEM sales. The overseas net sales increased by ¥211.9 billion (11.0%) to ¥2,132.8 billion year-on-year mainly owing to the increase in the automobile sales in India.

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Source: Global Suzuki

Japanese automobile maker Suzuki Motor Corporation's (SMC) income from its India subsidiary, Maruti, has touched nearly Rs 4,000 crore in royalties and dividends - an all-time high.

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Suzuki's net income (profit) in the year ended March 31, 2016 was Rs 7,291 crore approx against Rs 6,053 crore in the previous year. So, as a per cent, the India contribution in the form of royalty and dividend went up to 54.5 per cent in year ended March 31, 2016 from 52.76 per cent a year before.

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The future of Suzuki depends on the Indian market. Once production in Gujarat begins, sales in India will overtake Suzuki's sales from rest of the world

http://www.business-standard.com/art...2300046_1.html

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Originally Posted by volkman10 (Post 3980022)

Japanese automobile maker Suzuki Motor Corporation's (SMC) income from its India subsidiary, Maruti, has touched nearly Rs 4,000 crore in royalties and dividends - an all-time high.

Good job, but I think Suzuki should think about making India their global manufacturing location if it isn't already. They'll have local volumes to fall back on as a cushion against global fluctuations, and vice-versa.

They should also think about similar quality standards for cars produced for India as for abroad. I'm not sure how much they earn by putting in poorer quality plastics and having structural differences for cars sold in India, but with around 50% of the overall market that's just being greedy.

Finally having diesels for India and Europe produced here should justify having their own diesel and petrol engine R & D and manufacturing facility in India. Why continue to pay royalty to Fiat?

Thanks to Maruti, half of Suzuki cars are made in India

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Suzuki Motors’ global sales have been on a decline for six consecutive months. The Japanese company’s production in April 2016 fell to 250,465 units, which is a decline by 98.6% as compared to production in April 2015.

On the other hand, Maruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corp, has continued with their success story in India. The Indian car maker which has now increased its market share to 48.3%, produced 125,134 cars during April 2016. This means, Suzuki manufactured just 125,331 cars outside India.

Rushlane

Maruti Suzuki conducted a Vendors Conference for FY 2016. The venue was Centara grand @ Central World, Bangkok between 29 Apr - 1 May, 2016. The number of participants were about 550.

Source : http://www.businesseventsthailand.com/

Key Points :

Unveiled a presentation of its future product plan and the road map to achieve 2 million vehicle sales by 2020.
Maruti is confident of a compounded annual growth rate of 10% until 2020 to achieve its goal of making 2 million cars a year as part of its Vision 2.0
Maruti Suzuki told its suppliers to ramp up the production and of the components used by it as it expects volumes to increase substantially in the next five years and beyond. Maruti appears certain about the future and is encouraging its vendors to expand capacity and set up new plants where required. The tone was go ahead and invest, we will meet the targets, the pipeline is of 10-15 products, we are expanding network and the brand is strong
With the increase in sales of its premium products, margins of the component manufacturers also get enhanced.
Maruti Suzuki will commission its Sanand manufacturing capacity by the third quarter of FY17, so the company wants most of its suppliers to be in line with their plan.
The company is planning to increase the output of Vitara Brezza by 30%-50% to 1.2 lakh units for the fiscal year that started in April. For the Baleno, the plan is to increase production by 10-15% to about 1.65 lakh.

Source :

http://www.financialexpress.com/auto...-about/275500/

http://articles.economictimes.indiat...rowth-forecast

Awards :

Minda Furukawa Electric Pvt. Ltd and Tata Steel were conferred the 'Overall Excellence Award' for the year 2015-16 by Maruti-Suzuki.

Source :

http://www.minda.co.in/minda/announcements.aspx

http://www.avenuemail.in/jamshedpur/...e-award/92988/

Maruti Suzuki continues to contribute significantly to Suzuki's July sales.

July 2016 key points
 Japan production volume decreased year-on-year owing to the decrease in production for both domestic and exports.
 Overseas production volume decreased year-on-year owing to the decrease in countries including Thailand and Indonesia, despite increase in countries including India and China.
 Global production volume decreased year-on-year owing to the decrease in production in both Japan and overseas.

Source - Suzuki

Suzuki was the world’s 10th best-selling car maker during the first quarter of this year !

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Suzuki was the world’s 10th best-selling car maker during the first quarter of this year with more than 660,000 units sold. This company controls more than 40% of Indian car market (one of the 10 biggest markets in the world), and is Japan’s 4th largest car maker. It has also presence in some other South Asian markets, Australia and Europe, as the company left USA and Canada some years ago

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But as a Japanese company, it has a different way of understating the car industry. Suzuki uses another approach when it is about the segmentation and product planning.

This is more evident in Europe, where sometimes is difficult to understand to which segment its cars belong to. This is partially explained by the fact that some of its cars are conceived based on the Indian taste, which is sometimes different from the European. Therefore the cars that are created there may not perfectly fit into the European segments.

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New Launches of Suzuki in Europe - July 2016

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Source

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Originally Posted by VeluM (Post 3980219)

All pertinent points VeluM! In fact I'm sure the matter has not escaped either the bean-counters or Sr. Management at Suzuki. Why they haven't shifted their engine R&D here (there is no clarity yet about where their new 1.5 L diesel is being developed, here or in Japan) is something only Suzuki can answer.

As Maruti Suzuki inches towards the 50% market share( Sept 2016 at 49.2%), Suzuki to intensify product development in India.

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We have big hope of expanding our market share further.The market will go and we will intensify our product development and network development (India)

We are looking at increasing the number of models developed out of India.India can take the lead on some of the projects. We are planning to train more Indian engineers who will work together with Japanese engineers.

We are looking at what niche segments we can create and grow.

We are working on pure electric and pure hybrid cars and India can play a role in the development of products.

Link

Maruti Suzuki on a new high - surpasses all anyasts' expectations!

Maruti Suzuki Q2 net rises 60% to Rs 2398 cr, revenue up 29%.

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India's largest car manufacturer Maruti Suzuki's quarterly earnings surpassed analysts' expectations with profit rising sharply by 60.2 percent year-on-year to Rs 2,398 crore. It was boosted by other income, operational income and volume growth.

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Revenue during the quarter grew by 29.3 percent to Rs 20,296.8 crore compared with year-ago period as the company sold 4.18 lakh units in Q2, registering a 18.4 percent growth over corresponding period of last fiscal.

Source