Suzuki Motorcycle India has registered the best-ever sales of two-wheelers as its sales clocked 107,836 units in July 2023, HTAuto has reported. This figure includes both domestic sales and exports which stood at 80,309 and 27,527 units respectively. The company registered a year-on-year sales growth of 41.5 per cent more than the sales in… Continue reading Suzuki India 2W July sales at best-ever 107,836 units, up 41.5% YoY
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Buyout impact, margin worries likely to cap gains for Maruti Suzuki
Premium The company is expected to outperform the passenger vehicle industry, which is expected to grow in the 5-7 band in FY24. The stock of the country’s largest passenger vehicle maker, Maruti Suzuki India (MSIL) was down 1.06 per cent in trade on margin pressures in Q1FY24, mixed market share outlook, and earnings impact… Continue reading Buyout impact, margin worries likely to cap gains for Maruti Suzuki
Maruti to acquire Suzuki Motor Corp’s Gujarat plant to boost efficiency
On Monday, Maruti Suzuki India Limited (MSIL) announced that it would acquire the Gujarat plant from parent company Suzuki Motor Corporation (SMC) to boost the efficiency of its production and supply chain. “How this equity will be acquired and in what form is yet to be decided. For that, we have a subsequent… Continue reading Maruti to acquire Suzuki Motor Corp’s Gujarat plant to boost efficiency
Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co
Marut Suzuki India on Monday said its board has approved the acquisition of the entire stake in Suzuki Motor Gujarat from Japan-based parent Suzuki Motor Corporation. Currently, Suzuki Motor Corporation (SMC) owns a 100 per cent stake in Suzuki Motor Gujarat (SMG) which supplies its entire production to Maruti Suzuki. Maruti Suzuki… Continue reading Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co