Suzuki Motor Corp

News

SUZUKI MOTOR CORP NEWS

Maruti approves issue of shares to parent Suzuki Motor for 100% stake in Gujarat plant

August 08, 2023 1:32 pm

Post such acquisition, Suzuki Motor Gujarat (SMG) will become a wholly-owned subsidiary of the company, Maruti Suzuki India (MSI) said in a regulatory filing.

Suzuki cuts India 2030 target by around 30%

November 29, 2022 11:01 am

Earlier, the company had targeted that its Indian arm, Maruti Suzuki India and the wholly-owned arm, Suzuki Motor Gujarat, would jointly achieve a volume of 5 million passenger vehicles by the turn of the decade.

Toyota, Suzuki to deepen partnership for production, net-zero commitments in India

June 24, 2022 5:30 pm

Under the initiative, the two companies will start production of a new SUV developed by Suzuki at Toyota Kirloskar Motor (TKM) from August this year, they said in a joint statement.

No plans to enter commuter 2-wheeler segment in India: Suzuki Motorcycle

October 07, 2020 6:02 pm

SMIPL Vice-President (sales, marketing and aftersales) Devashish Handa said the company is looking to expand its sales network by just around 1 per cent this fiscal.

Suzuki posts 11% fall in Q3 profit, hit by slowing India demand

February 07, 2020 1:22 pm

Japan's fourth-largest automaker posted an operating profit of 51.8 billion yen ($471.34 million) for the October-December quarter, its lowest since the March 2016 quarter

Suzuki Motor Corp to pump in fresh investment of Rs 3,800 crore in Gujarat

September 14, 2017 7:00 pm

Last week Maruti Suzuki India Chairman R C Bhargava had stated that SMC was also considering setting up a fourth production line of 2.5 lakh units at Hansalpur plant to take its total capacity to a million units.

‘Maruti’s Gujarat plant deal adds to operational complexity’

June 10, 2014 1:36 am

The proxy advisory firm’s latest comments come within days of Maruti saying that it expects to save about Rs 10,500 crore in the first 15 years by not investing in the Gujarat facility.

Maruti relents, to seek minority investors’ nod

March 16, 2014 1:45 am

The decision was taken at a crucial board meeting held in New Delhi, which lasted for over four hours and attended by parent SMC chairman Osamu Suzuki.