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Suzuki Motor Gujarat

Why Maruti Suzuki remains bullish on small car segment

by Adesola Mojo
Why Maruti Suzuki remains bullish on small car segment

Small cars sales in the local market will revive in the next couple of years on back of economic growth and improvement in income levels of customers at the entry-level, …

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Categories Automobile

Suzuki Motor Gujarat: Suzuki Motor Gujarat achieves 30 lakh production milestone

by Adesola Mojo
Suzuki Motor Gujarat: Suzuki Motor Gujarat achieves 30 lakh production milestone

Suzuki Motor Gujarat (SMG) today announced that it has surpassed the cumulative production milestone of 30 lakh in seven years. Founded in February 2017, SMG achieved this production mark within …

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Categories Automobile

Maruti to issue Rs 12,800 cr worth of shares to Suzuki to buy Gujarat plant

by Adesola Mojo
Maruti to issue Rs 12,800 cr worth of shares to Suzuki to buy Gujarat plant

The country’s largest carmaker Maruti Suzuki on Monday said its board has approved a proposal to execute a share purchase agreement to acquire 100% equity capital of Suzuki Motor Gujarat …

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Categories Automobile

Maruti share price: Total capex till 2030-31 could be around Rs 1.25 lakh crore: Maruti

by Adesola Mojo
Maruti share price: Total capex till 2030-31 could be around Rs 1.25 lakh crore: Maruti

Maruti Suzuki India (MSI) is planning capital expenditures (capex) until 2030-31 amounting to approximately Rs 1.25 lakh crore, the company said in a stock exchange filing on Monday. The company’s …

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Categories Automobile

Maruti Suzuki to terminate manufacturing partnership with Suzuki Motor Gujarat

by Adesola Mojo
Maruti Suzuki to terminate manufacturing partnership with Suzuki Motor Gujarat

In a regulatory filing, Maruti Suzuki India recently announced that it will terminate the contract manufacturing agreement with Suzuki Motor Gujarat (SMG). Further, the company said that it has decided …

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Categories Automobile

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