profit jumped 47 percent to 79.05 billion yen as it booked a profit of 36.7 billion yen from the sale of its Volkswagen stake. Strong results during the period at its Indian unit, MarutiSuzuki India, also helped, the automaker said.
from sponsoring the sport to boost its standing in India, where its market share of 1.4 percent lags far behind MarutiSuzuki India and Hyundai Motor Co., as well as build its brand in other countries including South Africa, Australia, Pakistan
every month has seen sales improving. But the benefit is being felt mainly by India's dominant domestic players like MarutiSuzuki India. In July, Maruti reported its market share was once again above 50 percent, its highest in more than a decade
NEW DELHI (Reuters) -- Renault-Nissan plans to cut several hundred jobs in India and reduce production at its plant near Chennai. The move is in reaction to slowing sales caused by the slow pace of new product launches and growing competition from rivals such as MarutiSuzuki India and Hyundai ...
climbed 3.4 percent to a record in Tokyo trading, while MarutiSuzuki climbed 2.2 percent as of 12:41 p.m. in Mumbai ..... correct at a briefing for its first-quarter results. MarutiSuzuki is introducing new models in higher-end segments and
automakers would flock to the Indian market, only to find Suzuki well entrenched as the undisputed leader. In 2014, MarutiSuzuki India Ltd. claimed 45 percent of the market, which by then had transformed from automotive afterthought into one
benefits of the latter can be easily and more often realized," said Mohit Arora, executive director at J.D. Power. MarutiSuzuki India Ltd., India's largest carmaker, isn't planning to wait for an airbag mandate. "We are working on adding
percent of the German company's common shares, according to data compiled by Bloomberg. The Japanese manufacturer's MarutiSuzuki India unit is the south Asian country's largest carmaker. Suzuki agreed in mid-June to cooperate with Malaysian
entry into a segment popular with a growing middle class seeking high-spec yet affordable vehicles. Market leaders MarutiSuzuki India, Hyundai and Honda already sell sub-4 meter sedan models. "That's where we see the better future," Michael
stumbled with Datsun, by introducing a cheap new hatchback in India to challenge the dominance of domestic automaker MarutiSuzuki 's Alto, the nation's best-selling car. The Kwid compact, unveiled today, will be priced from 300,000 rupees
decision or decided if it would be built by Hyundai Motor or Kia. Hyundai Motor Co., which in India trails only MarutiSuzuki by market share, has two factories in Chennai in southern India, with a combined annual capacity of 680,000 vehicles
second-biggest market after India. In India, Suzuki expects sales to rise 10 percent this business year. Subsidiary MarutiSuzuki India said last month it expects to push further into rural areas to help expand its market share.
facing a double challenge in India. One is the automotive brick wall represented by Datsun's two larger competitors, MarutiSuzuki and Hyundai. The two automakers together control more than 60 percent of the compact market in India. Word of mouth
negligible. By contrast, Hyundai has two factories in India and is the country's second-largest automaker after MarutiSuzuki India Ltd. "While growth in Russia or China is stagnating, India is where Kia will ultimately make a leap forward
Carlos Ghosn should "demonstrate leadership" by putting a stop to the Go, which is priced starting at $5,100. Maruti - Suzuki 's Swift, one of India's best-selling models, also got zero stars in the NCAP testing. Society of Indian Automobile
since the car went on sale on March 19, according to the Society of Indian Automobile Manufacturers. By comparison, MarutiSuzuki India Ltd., the country's top-selling carmaker, sells as many of its similarly priced Alto hatchbacks every
exporting cars from India to Chile, she added. GM, which entered India in 1994, has failed to challenge market leaders MarutiSuzuki India Ltd. and Hyundai Motor Co. and consistently lost market share in recent years. Cars often priced above rivals
through economies of scale. With MarutiSuzuki capturing 44 percent of the market ..... weeks later, fresh clashes at a MarutiSuzuki plant claimed the life of an HR ..... small engines. Carmakers such as MarutiSuzuki picked up on that, launching
Other companies that were fined included Volkswagen Group's Skoda, Hindustan Motors, Mahindra and Mahindra and MarutiSuzuki . In a statement, Ford's India unit said it was reviewing the order and its implications, adding that the company
other entry-level cars, a new mission to devise even cheaper vehicles for India that can compete with low-cost MarutiSuzuki and Hyundai models. Renault makes the Duster at its plant in Chennai, where it produced 67,998 units of the small