TOSHIHIRO SUZUKI
Maruti Suzuki plans to start exports of EVs this year
Maruti Suzuki India plans to export electric vehicles (EVs) from India this year after launching them in the country. The company also expects to export lithium-ion battery cells and modules worth around Rs 750 crore this fiscal. The company plans to export EVs to countries like Europe and Japan. Maruti Suzuki procures the cells and models from the joint venture AEPPL, which has a lithium-ion battery plant in Gujarat.
Maruti in discussion with Gujarat govt for land parcel for new plant: RC Bhargava
In an interaction with PTI, Bhargava said the auto major has inked an MoU with the Gujarat government for expanding business in the state.
Suzuki to roll out first electric vehicle from Gujarat plant by year-end: Toshihiro Suzuki
During the Vibrant Gujarat Summit, the Japanese carmaker Suzuki Motors announced the plan to invest Rs 38,200 crore in Gujarat. Also, Suzuki Motors' President, Toshihiro Suzuki, announced that they will launch their first electric vehicle from the Gujarat plan...
Vibrant Gujarat summit: Suzuki Motors to invest Rs 3,200 cr in new production line & Rs 35,000 cr in 2nd plant
Japanese carmaker Suzuki Motors plans to invest Rs 3,200 crore in a new production line and Rs 35,000 crore in a second plant in Gujarat. The company plans to roll out the first electric vehicle by the end of this year, with an annual production capacity of around 20 lakh units.
'EVs alone can't help realise carbon neutrality ambitions: SMC president Toshihiro Suzuki
Suzuki Motor Corporation is developing region-specific clean mobility solutions, including compressed biomethane gas (CBG) and alternate fuel driven vehicles, to reduce fuel consumption and vehicular emissions. The company believes that electric vehicles alone cannot achieve governments' objective of moving towards carbon neutrality.
Japan's Suzuki to invest $35 billion through 2030 in EVs
The Japanese automaker known for making compact "kei" cars said it would invest 2 trillion yen in electrification and autonomous driving technologies, while allocating 2.5 trillion yen to build a battery EV plant and for renewable energy facilities.
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Auto Expo 2023: Electric vehicles steal the limelight of first day
Electric vehicles hogged the limelight on the first day of India's flagship motor show Auto Expo 2023 with the likes of Maruti Suzuki, Hyundai, Kia, Tata Motors and MG Motor showcasing their futuristic products, while also committing to invest in sustainable mobility.
Electric can't be the only route to carbon neutrality in India: Toshihiro Suzuki
The EVX - expected to go on sale in 2025 - will be the first pure EV from the Japanese carmaker. Indians bought close to 50,000 electric cars in 2022 accounting for 1% of total cars sold. As of now, the electric passenger vehicle (PV) market is dominated by Tata Motors which sees 8-9% of its PV sales coming from EVs. Suzuki said the company has chosen to develop an "exclusive EV" as opposed to electrifying existing models.
India has potential to be No. 1 auto market in world; small cars to play imp role: Suzuki Motor President
In an interaction with reporters on the sidelines of Auto Expo 2023 here, he also said electric vehicles alone will not be the solution to India's quest for carbon neutrality and the company will explore other technologies such as flex fuels, hybrids and CNG.
Suzuki Motor looks to partner Toyota to learn how to make small EVs
Suzuki said it is learning EV and other technologies from Toyota with a goal to use that to develop cars that are more in line with its own products. "So how to introduce this EV technology on small cars is something we need to work upon and share with Toyota," he said, speaking on the sidelines of the car show.
Maruti Suzuki unveils concept electric SUV eVX at India's flagship Auto Expo
India Auto expo 2023: The Concept eVX is a mid-size electric SUV concept designed and developed by Suzuki Motor Corporation (SMC), Japan. It will be powered by a 60 kWh battery pack offering up to 550 km of driving range on single charge, the company said in a statement.
Auto bosses head to India to charge up electric vehicle game plan
ET has learnt that the entire Skoda Auto board led by CEO Klaus Zellmer is set to visit the country in October. Martin Daum, the chairman of Daimler Truck AG, and Karl Deppen, head of Daimler Truck Asia, will be visiting Chennai to celebrate 10 years of Bharat Benz in the country. Nissan Motor Co.'s second in command, global COO Ashwani Gupta, is expected to travel to India next month, after close to a dozen top officials of Renault Nissan Alliance visited in September.
Maruti Suzuki may make potential organizational changes
In the first in-person meeting after a gap of two years, Chairman R C Bhargava referred to the statement of SMC President Toshihiro Suzuki, who earlier this week said that of the 2.8 million units made worldwide by the company, the Indian operations accounted for about 60% of the volumes.
Maruti very important part of Suzuki Japan; organisational changes in offing: RC Bhargava
In his address to the annual general meeting of the company, the first physical meeting after two years following disruptions by COVID-19 pandemic, he said in future Maruti Suzuki India's contribution to Suzuki's global production will go beyond 60 per cent, which was achieved last year.
Suzuki to invest Rs 30,000 cr on 2 new plants, PM Modi lays foundation stone
The factory at Hansalpur in Gujarat will be completed by 2026 and make cells for electric vehicles (EV) that the company will make in India. The upcoming Maruti Suzuki plant at Kharkhoda in Haryana, meanwhile, will make EVs and petrol-driven cars and will have an annual capacity to make one million units.
Japan's Suzuki to set up new global research company in India
The new company, a wholly-owned unit of Suzuki Japan, would help Suzuki strengthen its R&D competitiveness and capabilities not only for India but also for global markets, the company's president Toshihiro Suzuki said. He was speaking an event in Gandhinagar to mark 40 years of Suzuki Company in India. The event was attended by Indian Prime Minister Narendra Modi and his Japanese counterpart Fumio Kishida.
Toyota & Suzuki to start production of a midsize SUV in India from August
The two companies will start production of a new SUV model developed by Suzuki at Toyota Kirloskar Motor’s manufacturing facility in Bidadi, Karnataka from August. Indian subsidiaries Maruti Suzuki India and TKM will market the new model in India as Suzuki and Toyota models, respectively.
Suzuki plans ₹10,440 crore India EV push
Of the amount, ₹3,100 crore will be used to increase EV manufacturing capacity at Suzuki Motor Gujarat (SMG) by 2025, while ₹7,300 crore has been earmarked for setting up a plant to start making batteries for EVs in 2026.
Suzuki announces Rs 10,440 crore investment in Gujarat for EV and battery manufacturing
SMC signed a MoU with the State of Gujarat on 19 March 2022 at India-Japan Economic Forum held in New Delhi, India, in the presence of Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi.
Suzuki Motor's 91-year-old chairman Osamu Suzuki waves goodbye after decades-long career
The chairman, after heading the company for more than four decades that his wife's grandfather founded, is leaving his son Toshihiro Suzuki, already president and CEO, to hold the reins of the company. Osamu told he decided to retire after the company welcomed its 100th anniversary last year and the approval of its new management plan.
Suzuki Motor chairman, president to hold news conference on management plan
The news conference on its management plan is set to be held at 0900 GMT on Wednesday, the company said in statement.
Maruti sales may fall 20% this fiscal: Suzuki Motor
Chairman Toshihiro Suzuki told Japanese analysts last week that the company was still uncertain on India because of the Covid-19 situation. “We don’t know what will happen to coronavirus in India or what measures the government will implement; so that makes the market difficult to predict," he said.
Parent Suzuki Motor increases stake in Maruti
Earlier in March 2020, Suzuki had purchased another tranche of 211,000 equity shares of Maruti Suzuki valued at 134.26 crore to raise its stake in the company from 56.21 per cent.
Indian car market recovering faster than expected post Covid: Toshihiro Suzuki
The Indian automotive market is set to post its second consecutive year of a significant decline with the first quarter witnessing over 75% drop in demand due to the lockdown post Covid-19, this is after the market slipped by 18% in FY-20.
Suzuki President Toshihiro Suzuki says demand will recover in India shortly
Suzuki President's words hold much importance in the context of India, as automakers in the domestic market have been reeling under the worst slowdown in two decades. Suzuki owns 56.2% in the country’s largest car maker Maruti Suzuki.
Suzuki will launch electric vehicles starting 2020
The Suzuki Motors chief said that the company is presently road testing fifty electric vehicles in India to develop the right product for the market.
Suzuki Gujarat capacity to stand at 750,000 after 3rd plant in 2020: Toshihiro Suzuki, President of Suzuki Motor Corporation.
Addressing the Vibrant Gujarat 2019 summit in Gujarat’s capital Gandhinagar, he said: Gujarat is becoming increasingly important as a production site for Suzuki group.
Suzuki will intensify product development in India: Toshihiro Suzuki, the chief executive of Maruti Suzuki
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.
It is now tougher to win over customers: Toshihiro Suzuki
"It has become tougher to win over customers. The company has to strengthen efforts to increase profitability and business."
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