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Maruti Suzuki FY24 turnover crosses USD 16 billion; Sales, profit at all-time high

Kiran Murali and Ketan Thakkar      calendar26 Apr 2024

India’s largest car maker posted record revenue, volume and profit for the financial year 2023-24, and declared its highest-ever dividend.

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Maruti Suzuki targets sales of 6 lakh CNG vehicles in FY-25 News
Maruti Suzuki targets sales of 6 lakh CNG vehicles in FY-25

By Ketan Thakkar and Kiran Murali calendar26 Apr 2024

The market leader drove the CNG penetration in FY-24 with sales of over 4.5 lakh vehicles with a share of 73%.

Suzuki Motor working on affordable hybrid for small cars, says R C Bhargava, Maruti to consider plug-in hybrids too News
Suzuki Motor working on affordable hybrid for small cars, says R C Bhargava, Maruti to consider plug-in hybrids too

By Ketan Thakkar and Kiran Murali calendar26 Apr 2024

The top management stated that HQ Suzuki is working on an affordable hybrid solution for the compact cars and it will ...

Tata Motors cars to offer Harman Ignite Store inside in-car infotainment systems News
Tata Motors cars to offer Harman Ignite Store inside in-car infotainment systems

By Mayank Dhingra calendar26 Apr 2024

The new in-vehicle app store aims to offer unique digital experiences by virtue of its compliance with Android Automot...

Maruti Suzuki’s Q4 profit grows 48% YoY; FY24 profit jumps 64% News
Maruti Suzuki’s Q4 profit grows 48% YoY; FY24 profit jumps 64%

By Kiran Murali calendar26 Apr 2024

The automaker’s earnings for the quarter and full financial year grew in double digits with robust improvement in vehi...

Vitesco Technologies partners Sanden Europe to develop integrated thermal management system for EVs News
Vitesco Technologies partners Sanden Europe to develop integrated thermal management system for EVs

autherAutocar Pro News Desk calendar26 Apr 2024

The two European Tier-1 majors intend to minimise the system complexity with a single indirect unit, lower costs, redu...

Toyota to invest $1.4 billion in Indiana plant for new electric SUV News International
Toyota to invest $1.4 billion in Indiana plant for new electric SUV

autherAutocar Pro News Desk calendar26 Apr 2024

The investment will go towards building the all-new BEV as well as a new battery pack assembly line using lithium-ion ...

Audi India announces 2% price hike across model range, effective June 1, 2024 News
Audi India announces 2% price hike across model range, effective June 1, 2024

autherAutocar Pro News Desk calendar25 Apr 2024

This marks the second price hike announcement by the brand for the year.

Hyundai Motor Company registers 8% revenue growth in Q1 CY24, hybrid sales climb 17% News
Hyundai Motor Company registers 8% revenue growth in Q1 CY24, hybrid sales climb 17%

autherAutocar Pro News Desk calendar25 Apr 2024

While domestic volumes in Korea declined 16.3%, the carmaker registered robust sales in North America and India. It fu...

Kia displays EV5 and Sonet SUVs for Chinese market News International
Kia displays EV5 and Sonet SUVs for Chinese market

autherAutocar Pro News Desk calendar25 Apr 2024

Kia has unveiled a number of key models and new technologies for Chinese customers at the 2024 Beijing International A...