NEW MARUTI SUZUKI SWIFT
Car sales lose pace in June, SUVs stay in front
Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent-up demand. Sales rose 3.7% from a year earlier but slightly declined from May, with 340,784 units sold compared to 328,710 last year. SUVs comprised 53% of sales.
Maruti Suzuki sales rise 12 pc to 1,79,228 units in June
Maruti Suzuki India reported a 12% increase in total wholesales for June, reaching 1,79,228 units compared to 1,59,418 units last year. Domestic passenger vehicle sales rose by 3% to 1,37,160 units. Export sales surged to 31,033 units from 19,770 units, while mini-segment car sales declined.
Car discounts make comeback after four long years of waiting in the auto industry
Car discounts have returned after four years of long waitlists, driven by changes in the automotive industry's pricing strategies. Dealers are ramping up production to meet high demand, especially for SUVs, and are offering substantial discounts across various models. Some discounts reach as high as Rs 1.5 lakh on specific models, including hatchbacks, sedans, and electric vehicles (EVs).
3,000,000 and counting: Hayabusa-inspired Maruti Suzuki Swift crosses a big milestone
Maruti Suzuki's Swift hatchback has surpassed 3 million sales in India, marking a significant milestone. Celebrated for its exceptional driving experience and sporty design, the Swift has cultivated a passionate community of "Swifters." Launched in 2005, the Swift continues to evolve, embodying cutting-edge technology and style, with over 6.5 million global sales.
Revving up: Fuelled by PLI, Indian automakers eye global EV space, targeting Europe & other developed markets
Indian auto manufacturers are seizing the export opportunity in the electric vehicle (EV) market, driven by increasing demand for cleaner mobility in developed countries and government support. Companies like Maruti Suzuki and Hero MotoCorp are gearing up to export their EV models to Europe, leveraging India's frugal manufacturing capabilities. With India's production-linked incentive scheme and alignment with global standards, automakers aim to challenge Chinese dominance in the EV sector and establish India as an EV export hub.
Electric vehicles: Desi automakers are seizing export opportunities driven by increased demand for cleaner mobility
Domestic auto makers like Maruti Suzuki, Hero MotoCorp, and TVS Motor are seizing the export opportunity in the electric vehicle market. Maruti Suzuki is set to export its first electric SUV to Europe, Hero MotoCorp is launching its VIDA V1 electric scooter in European countries, and TVS Motor is expanding to the European Union with its electric scooter iQube.
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Carmakers take the multiple powertrain ride
Carmakers from industry leader Maruti Suzuki to Tata Motors, Toyota Motor, Honda and Citroen, a relatively newcomer in the Indian market, offer diverse options in powertrains, from petrol, diesel and CNG to flexible fuel, electric and hybrid.
Indian streets gear up for electrifying SUV launches from Tata, Hyundai, Maruti & more
India gears up for a wave of SUV launches, including Tata Motors, Hyundai, Kia, and more, showcasing the industry's move towards sustainable transportation. Maruti Suzuki to unveil its first EV at Auto Expo 2025, and Mercedes-Benz targets a quarter of sales from EVs by 2026.
Best Maruti Suzuki cars under Rs 7 lakh for first time buyers
Starting Price: Rs 3.99 lakh If you are looking for a compact and fuel-efficient hatchback perfect for city driving, the Maruti Suzuki Alto K10 is a great option. Known for its low running costs, the Alto K10 is available in both petrol and CNG variants, making it a budget-friendly choice. With its smaller size and efficient engine, the Alto K10 is ideal for crowded cities with narow roads and keeping your bank balance happy.
Boost for Hyundai Motor export plans, as auto co plans to launch slew of EVs over next 4 years
Hyundai Motor India Ltd (HMIL) is planning a ₹25,000 crore IPO to drive its parent company's strategy of making India a key export hub. The company plans to introduce nearly half a dozen electric vehicles for local sales and exports as part of this ambitious strategy.
Hyundai unit files for India IPO that could be country's biggest
India's second-biggest car maker behind Maruti Suzuki, Hyundai will not issue new shares in the IPO which will involve its South Korean parent selling part of its stake in the wholly owned unit to retail and other investors via a so-called "offer for sale" route.
PV exports rise by 2.68 lakh units in last 4 years; Maruti accounts for 70 pc of incremental shipments
Passenger vehicle exports from India increased by 2.68 lakh units in the last four fiscal years, with Maruti Suzuki India contributing to nearly 70% of the growth.
Maruti Suzuki to invest Rs 450 crore over the next 3 years on renewable energy initiatives
Maruti Suzuki India plans to invest Rs450 crore in renewable energy initiatives like solar power and biogas over the next three years. The company has commenced production at its biogas plant at its Manesar facility by harnessing food waste and Napier grass resources.
In a 1st, NSE drives in EV stocks index
The top five constituents of the index are Bajaj Auto, Tata Motors, M&M, Maruti Suzuki India and Exide Industries, the index's fact sheet showed.
Will this be the Maruti Suzuki Wagon R Electric?
Suzuki files patent for eWX, speculated as electric WagonR for India showcased at Auto Expo 2023. Features tall boy design, closed-off grille with C-shaped light clusters, plastic cladding, yellow highlights, and 230 km range on full charge. Maruti pursuing hybrid vehicle plan, working on Series Hybrid engine, plans for smaller hybrid cars and Swift.
Motherson Sumi Wiring capacity to go up 10% as two new plants get operational in Q1: Management
Anurag Gahlot, CFO of Motherson Sumi Wiring, projects significant market growth for FY25 supported by factors such as Maruti Suzuki and Tata Motors' capacity expansions, India's low car penetration, and the growing Indian middle class. Additionally, the expansion of road infrastructure in India presents opportunities for OEMs and customers.
Partho Banerjee on Maruti Suzuki, demand for premium hatchbacks & post poll policies
Partho Banerjee of Maruti Suzuki anticipates market growth, emphasizing the importance of government policies for the upcoming financial year amidst stable supply chains and positive economic indicators. Banerjee also said: "The fourth generation Swift has a huge fan following. Very soon we are going to touch the three million mark."
Maruti Suzuki Swift 2024 Launch: Expected Price, features, mileage, design and other details in EPIC new Swift
Maruti Suzuki Swift Launch: Maruti Suzuki India is gearing up to launch the highly anticipated next-generation Swift, featuring a revamped design, new engine, and updated interior. Pre-bookings have begun at an initial payment of ₹11,000, with deliveries expected to commence in June 2024. The hatchback will hit the Indian market today, May 9, 2024, and the epic new swift promises to be a blend of sporty design and enhanced driving experience.
Maruti Suzuki Swift 2024 launched at Rs 6.49 lakh, also available on monthly subscription of Rs 17,436
Maruti Suzuki Swift Price: Maruti Suzuki has launched the new Swift 2024 in India, priced at Rs 6.49 lakh (ex-showroom). The fourth-generation Swift comes with a new design and improved features, including a 9.0-inch touchscreen infotainment system. It will be available in nine colors and two transmission options, manual and automatic. The new Swift boasts of being 10% more fuel efficient for the manual variant and 14% more fuel efficient for the automatic variant. Safety features include 6 airbags as standard across all variants. The new Swift is powered by a new 1.2-liter Z-Series petrol engine, offering enhanced performance and a reduction in emissions.
Hisashi Takeuchi on why Maruti Suzuki is launching revamped premium hatchback while all car makes go for SUVs
Maruti Suzuki's CEO, Hisashi Takeuchi, introduces the Epic New Swift with a redesign and powerful Z-Series engine, aiming to boost fuel efficiency and drivability in the hatchback segment amid SUV competition.
Maruti Suzuki rolls out new Swift 2024 with prices starting at Rs 6.49 lakh
Maruti Suzuki has introduced the fourth-generation Swift, known as the "Epic" new Swift 2024, in India, starting at a base price of Rs 6.49 lakh and reaching up to Rs 9.64 lakh (ex-showroom Delhi). This launch includes the option for customers to subscribe to the car at a monthly cost of Rs 17,436, covering registration, maintenance, insurance, and roadside assistance. Interested buyers can secure their orders by paying a token amount of Rs 11,000 at Maruti Suzuki dealerships nationwide, as pre-bookings are already underway.
Small cars will be big again, says Maruti Suzuki
Maruti Suzuki anticipates a recovery in small car sales due to economic growth. The company aims to capitalize on this trend by introducing new models to cater to diverse customer segments and enhance vehicular safety standards. Small-car sales fell 12% in FY24.
Planning to buy a car? Maruti is offering Rs 65,000 discounts. Here are all details
Maruti Suzuki Swift Price Discount: Maruti Suzuki is offering substantial discounts on popular hatchback models in May 2024, aiming to attract budget-conscious buyers. Discounts include up to Rs 38,000 on the Swift, Rs 60,000 on the WagonR, and Rs 45,000 on the Alto K10. Discounts also apply to the Celerio and Ignis models. Nexa offers discounts on the Grand Vitara lineup, making it an opportune time for buyers.
Maruti Suzuki 'Epic New Swift' pre-booking begins at Rs 11,000 per unit
Maruti Suzuki Epic New Swift: Maruti Suzuki has started pre-booking the 4th generation Epic New Swift at Rs 11,000 per unit. The car builds on its signature sporty design and enhances its dynamism and fun-to-drive quotient. The launch date for the hatchback car has not been announced. The car is set to create new benchmarks in the premium hatchback segment and further the concept of the 'Joy of Mobility'.
Maruti Suzuki Swift 2024 coming in May. Here's what we know so far
The 2024 Maruti Suzuki Swift brings upgrades like design changes, technology enhancements, and safety features. With a Z-series 1.2-litre engine and mild-hybrid option, it offers good fuel efficiency. The availability of hybrid technology in the India-spec model is uncertain.
Maruti Suzuki hikes prices of Swift and Grand Vitara variants
Maruti Suzuki increased prices for its hatchback Swift and certain variants of its SUV Grand Vitara. The Swift saw a hike of up to Rs 25,000, while only the Sigma variant of the Grand Vitara rose by Rs 19,000. This follows Maruti's previous hike in January, mirroring similar moves by other automakers due to rising input costs.
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