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Maruti Suzuki India achieves 2 million units in a calendar year for 1st time  Maruti Suzuki India on Tuesday announced a production milestone of 2 million vehicles in a calendar year for the first time in its history.  The automaker also became the first among Suzuki Motor Corporation’s global automobile manufacturing facilities to reach this landmark. Of the 2 million vehicles, almost 60 per cent were manufactured in Haryana and 40 per cent in Gujarat. “The 2 million production milestone is a testament to India’s manufacturing pot...
Maruti Suzuki India achieves 2 million units in a calendar year for 1st time
Maruti Suzuki India achieves 2 million units in a calendar year for 1st time
Source: IANS
2024-12-17 03:22:25 pm
Suzuki's Indian unit to supply its first-ever electric vehicle to Toyota Japanese automaker Suzuki Motor's Indian unit will supply its first-ever electric vehicle to Toyota Motor, the two companies said in a statement on Wednesday, marking their first collaboration on green vehicles. Maruti Suzuki, which is majority-owned by Suzuki Motor, will begin production of the EV from spring 2025 in its plant in the western Indian state of Gujarat. The EV was jointly developed by Suzuki, Toyota and Daihatsu Motor, according to the statement. Suzuki and Toyota h...
Suzuki's Indian unit to supply its first-ever electric vehicle to Toyota
Suzuki's Indian unit to supply its first-ever electric vehicle to Toyota
Source: Reuters
2024-10-30 12:14:44 pm
Japan`s Suzuki aims to cut vehicle weight of key model by 15% over a decade Japan's Suzuki Motor said on Wednesday it plans to cut the weight of its small Alto hatchback by 15% over the next decade, aiming to reduce the vehicle's energy usage and employ those technology gains in other models. The Alto currently weighs 680 kg and the company hopes to lower that by 100 kg. "If a vehicle is heavy, we also have to make the battery and motor larger to get a long range and good performance," Tatsuya Matsushita, an executive in charge of Suzuki's...
Japan`s Suzuki aims to cut vehicle weight of key model by 15% over a decade
Japan`s Suzuki aims to cut vehicle weight of key model by 15% over a decade
Source: Reuters
2024-07-17 10:31:45 am
Suzuki`s Next Bharat Ventures launches Rs 340 cr fund for social impact startups Japanese automobile company Suzuki Motor Corporation's subsidiary Next Bharat Ventures IFSC Private Limited on Thursday launched a Rs 340 crore investment fund -- Next Bharat -- that aims to act as a growth catalyst for the social impact startup ecosystem in India.  Next Bharat is a social impact investment fund dedicated to fostering impact entrepreneurs who are creating value for Tier II and below geographies. It aims to empower India's next billion by supporting these impac...
Suzuki`s Next Bharat Ventures launches Rs 340 cr fund for social impact startups
Suzuki`s Next Bharat Ventures launches Rs 340 cr fund for social impact startups
Source: IANS
2024-07-04 01:45:38 pm
GAIL cuts CNG prices by Rs 2.50 per kg  GAIL (India) Limited, and its wholly owned subsidiary, GAIL Gas Limited on Saturday announced a reduction in the prices of Compressed Natural Gas (CNG) by Rs 2.50 per kg across several key locations in India where it operates retail outlets. The move comes close on the heels of Indraprastha Gas Limited (IGL) reducing the selling price of gas in Delhi and the National Capital Region (NCR) by Rs 2.50 per kg with effect from Thursday. This reduction underscores GAIL's commitment ...
GAIL cuts CNG prices by Rs 2.50 per kg
GAIL cuts CNG prices by Rs 2.50 per kg
Source: IANS
2024-03-10 08:55:01 am
India`s Maruti Suzuki to invest $4 billion in second Gujarat car plant India's top carmaker Maruti Suzuki will invest 350 billion rupees ($4.2 billion) to build a second car plant in Gujarat state and will add a new production line at an existing plant, the president of its parent company said. The investments will see the company's annual production capacity in Prime Minister Narendra Modi's home state jump to 2 million vehicles from 750,000 currently. The plans were announced during the Vibrant Gujarat Global Summit, where thousands of chief ...
India`s Maruti Suzuki to invest $4 billion in second Gujarat car plant
India`s Maruti Suzuki to invest $4 billion in second Gujarat car plant
Source: Reuters
2024-01-10 11:16:02 am
Karnataka Government signs MoU with Toyota Kirloskar Motor for Rs 3,300cr investment The Karnataka government on Tuesday signed a memorandum of understanding (MoU) with automobile major Toyota Kirloskar Motor (TKM), an Indian subsidiary of Japan's Toyota Motor Corporation for further expansion of its car manufacturing facility at Bidadi in Karnataka. As per the MoU, TKM will make an additional investment of Rs 3,300 crore to set up its third manufacturing facility with a capacity of 1 lakh units at Bidadi, about 35 km from Bengaluru, potentially generating employment f...
Karnataka Government signs MoU with Toyota Kirloskar Motor for Rs 3,300cr investment
Karnataka Government signs MoU with Toyota Kirloskar Motor for Rs 3,300cr investment
Source: IANS
2023-11-22 09:06:13 am
Suzuki eyes to make India its global electric car manufacturing hub Maruti Suzuki's parent Suzuki Motor Corporation plans to make India its global electric car manufacturing hub with the first batch of vehicles expected to be rolled out as early as 2025, according to a news report.Suzuki will start producing electric vehicles at the Gujarat plant and export them to Japan as well. The company will also consider supplying India-made EVs to partner Toyota Motor for European markets that would be sold under the Toyota brand, the report published in Japan's N...
Suzuki eyes to make India its global electric car manufacturing hub
Suzuki eyes to make India its global electric car manufacturing hub
Source: IANS
2023-10-19 10:20:05 am
Toyota plans third India plant, new SUV as domestic sales surge Toyota Motor plans to build a third car plant in India, expanding production capacity in the country for the first time in over a decade as its partnership with Suzuki Motor boosts domestic volumes, two sources said.The world's biggest car maker wants the plant to start with capacity of 80,000-120,000 vehicles a year, which could grow to around 200,000 over time, said one of the people who has direct knowledge of the plans.The plant's proposed initial capacity would expand Toyota's existing m...
Toyota plans third India plant, new SUV as domestic sales surge
Toyota plans third India plant, new SUV as domestic sales surge
Source: Reuters
2023-09-27 04:09:41 pm
Toyota expects record 2023 sales in India helped by Suzuki ties Toyota Motor Corp is on track for record annual sales in India, a senior executive told Reuters, as its partnership with Suzuki Motor, which has a portfolio of affordable cars, attracts a new set of buyers.Toyota sold over 160,000 cars in India last year and had sold close to 150,000 by the end of August this year, Atul Sood, vice president of sales told Reuters."We are confident of closing this calendar year with our best ever performance and setting a new benchmark," Sood said.Toyota's Indi...
Toyota expects record 2023 sales in India helped by Suzuki ties
Toyota expects record 2023 sales in India helped by Suzuki ties
Source: Reuters
2023-09-15 05:24:12pm