[sumeethaldankar]

I am curious to know that now Maruti has launched all it's SUV/Crossover (Vitara/Grand Vitara/Fronx/Jimny) what next in the coming two three years will it do? Will they have better hybrid versions of these models or bring new models altogether? Will there be newer SUV's in the future? I am hoping they get the S-cross badge again.

[shimoo]

Originally Posted by sumeethaldankar

I am curious to know that now Maruti has launched all it's SUV/Crossover (Vitara/Grand Vitara/Fronx/Jimny) what next in the coming two three years will it do? Will they have better hybrid versions of these models or bring new models altogether? Will there be newer SUV's in the future? I am hoping they get the S-cross badge again.

I think their next big move is EVs. And in usual Maruti style, they are planning to do it at scale. They've already setting up a battery manufacturing plant in India. Prototypes of the eVX have been spotted testing in Poland recently. Supposed to be a platform co-developed with Toyota and will likely spawn a Toyota version. I'd give it 2 years for all this to unravel.

[volkman10]

Originally Posted by sumeethaldankar

I am curious to know that now Maruti has launched all it's SUV/Crossover (Vitara/Grand Vitara/Fronx/Jimny) what next in the coming two three years will it do? ---.

They will bring the New Gen Swift (Global), and the dzire in 2024, the EV's could come in by late 2024.

Global Unveil of the Swift will happen in 2023.

[audioholic]

Originally Posted by shimoo

I think their next big move is EVs. And in usual Maruti style, they are planning to do it at scale. They've already setting up a battery manufacturing plant in India. Prototypes of the eVX have been spotted testing in Poland recently. Supposed to be a platform co-developed with Toyota and will likely spawn a Toyota version. I'd give it 2 years for all this to unravel.

Yes and with that, they will eat the competition for breakfast, lunch and dinner. The success of the Vitara/Hyryder is a sneak peek on how they can get the product and pricing right. A hatchback thats built ground up as an EV would be cost effective and also perfectly packaged compared to cars like Tiago, Nexon which are fundamentally ICE cars with the battery pack and motor shoe horned into them. Better efficiency, reliability and with a pricing advantage.

[wheelguy]

Originally Posted by audioholic

Yes and with that, they will eat the competition for breakfast, lunch and dinner. The success of the Vitara/Hyryder is a sneak peek on how they can get the product and pricing right. A hatchback thats built ground up as an EV would be cost effective and also perfectly packaged compared to cars like Tiago, Nexon which are fundamentally ICE cars with the battery pack and motor shoe horned into them. Better efficiency, reliability and with a pricing advantage.

Couldn't agree more, as Shimoo said, they will do it at a scale, now the volumes are too low by Maruti standards, when they come they will make a big splash. It is not difficult for Maruti to replicate what Tata did in the EV space, but they are holding back, they must be having some other big plans. The only hindrance for them can be frozen supply chain capacities and contracts by the time they enter the EV space, but that might not be an issue for Maruti, suppliers will be more than willing to supply to Maruti. Going forward it will be difficult for Tata to defend their lead.

[damodar]

In the first quarter of 2023 the Hybrid twins together sold 6014 units. If we look at the break up of their sales, then the Grand Vitara strong hybrid sold 3763 and 23342 units of the mild hybrid. For Toyota Hyryder strong hybrid sales were 2251 and 6276 mild hybrid. In the same period Nexon sold 5072 and Xuv400 2234 units which fall in the same price bracket as the Grand Vitara and Hyryder strong hybrids.

https://www.autopunditz.com/post/ele...is-for-q2-2023

[volkman10]

Maruti Suzuki Q1FY24 results: Net profit up 145% YoY, revenue up 22%.

During the quarter, the automaker reported net sales of Rs 30,845.2 crore which was up 21.89 per cent YoY from Rs 25,286.3 crore during the same period last year. Sequentially, the sales were almost the same with a difference of just 234 vehicles between Q4FY23 and Q1FY24.

The company sold a total of 498,030 vehicles during the quarter, up by 6.4 per cent compared to the same period previous year. In the quarter, the sales in the domestic market stood at 434,812 units, up by 9.1 per cent over that in Q1FY23. The export sales were at 63,218 units as compared to 69,437 units in Q1FY23

The company's board which met on Monday, approved termination of the contract manufacturing agreement with Suzuki Motor Gujarat Private Limited (SMG) and exercising the option to acquire the shares of SMG from Suzuki Motor Corporation (SMC) subject to all legal and regulatory compliances including minority shareholder's approval.

Link

[Venkatesh]

Maruti Suzuki Financial Results: Quarter 1 (April-June), FY 2023-24

[volkman10]

Maruti Suzuki sales up 3.2% to 181,360 vehicles in July. Increases market share by 1.4 percentage points. Grow its market share to 43.3 percent in July 2023, as against 41.8 percent in July 2022.

At 6.5 percent, MSIL grew faster than the industry, which is estimated to have clocked sales of 352,492 units (July 2022: 341,971 / +3.1%).

Maruti Suzuki (MS) reported total sales of 181,360 vehicles in July 2023, up 3.24 per cent year-on-year (YoY) from 175,916 units sold during the same period last year. This number includes both exports and domestic sales. In June 2023, the company reported total sales of 159,418 vehicles.

In the domestic market, the company registered a growth of 6.5 per cent as the number went up from 145,666 units in July 2022 to 154,685 in July 2023. The company sold 139,648 vehicles in the domestic market in June 2023.

Utility vehicle sales were the highlight for the company as it sold 62,049 vehicles in July 2023, a 166.62 per cent increase YoY. Utility vehicles of Maruti Suzuki include Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, S-cross, and XL6.






Link

[AutoNoob]

Maruti Suzuki India appoints Yukihiro Yamashita as Joint Managing Director, Engineering and Quality Assurance

Link

Maruti Suzuki India Limited, the country's leading automobile manufacturer, has appointed Yukihiro Yamashita as the new Joint Managing Director, Engineering and Quality Assurance. The appointment comes following the resignation of Shigetoshi Torii, who served as a Non-Executive Director of the company until July 31, 2023.

he began his journey at Nippon Denso Co., Ltd., later known as DENSO Corporation, in 1990. Throughout his tenure at DENSO, he assumed various significant roles, including Automobile Powertrain System Development and Powertrain Development Planning.

Joining Suzuki Motor Corporation (SMC) in 2018 as Vice Executive General Manager of Automobile Engineering, Yamashita quickly climbed the ranks... as Director, Senior Managing Officer, and Chief Technology Officer in 2021.

Toyota (Denso) guy, first to Suzuki Japan and then to Maruti Suzuki points to greater integration between the three companies. I think its good for Indian customers.

[volkman10]

Auto industry in top gear, Maruti Suzuki to reap benefits this festive season as SUV segment sees phenomenal growth,

[volkman10]

In Sept., Maruti blocks 6 out of the top 10 slots.

1. Baleno 18,416
2. WagonR 16,250
3. Tata Nexon 15,325
4. Brezza 15,001
5. Swift 14,703
6. Dzire 13,880
7. Ertiga 13,528
8. Tata Punch 13,045
9. Hyundai Creta 12,717
10.Hyundai Venue 12,204

Maruti's JV partner too gains.

Toyota is on a rampage this year and with its recently launched rebadged Rumion it saw a growth of over 44% YoY

Link

[volkman10]

Maruti Suzuki reports 80.3% YoY jump in net profit during Q2FY24.

During the quarter, the company registered net sales of Rs 35535.1 crore, which stands to be 24.5% growth against Rs 28543.5 crore in the same period the previous year, owing to higher sales volume and product mix.

The company’s net profit jumped by a robust 80.28% as compared to ₹2,061.5 crore in the same quarter last year.

the company's half-yearly sales volume, net sales, and net profit reached record highs in H1FY2023–2024. A 6.6% increase over H1FY2022-23, the company sold 1,050,085 units in total during the period. A total of 132,542 units were exported, while 917,543 units were sold domestically.

Link

[volkman10]

Maruti Suzuki reports highest-ever monthly sales at 1,99,217 units in October.

- Best-ever domestic monthly dispatches in October at 177,266 units (includes sales to other OEMs)

- Total domestic passenger vehicle sales rose to 1,71,941

- Sales to other OEM and exports stood at 5,325 units and 21,951

[Venkatesh]

Maruti Suzuki Financial Results Q2 and H1 FY 2023-24.