Maruti Suzuki aims to launch four BEV models by FY2030, expected to account for approximately 15% of its total sales

Maruti Suzuki India Ltd. closed 9.91% short of its 52-week high of 13,675.00 rupees, which the company achieved on August 1st.

Suzuki Motor Corp, the parent company of Maruti Suzuki, has revealed in its ‘Mid-term Management Plan’, that it is rethinking its India strategy, amid a declining market share. The press release shows that along with a 15 percent downward revision of its long-term sales outlook,

Maruti Suzuki is developing a seven-seat version of the Grand Vitara which could also benefit from the strong hybrid technology.

Suzuki Motor has revised its sales target in India, reducing it from 3 million to 2.5 million cars by March 2031, and will now launch four instead of six EVs. The move comes as Maruti Suzuki faces heightened competition from Tata Motors and Mahindra & Mahindra,

Maruti Suzuki India Ltd. closed 7.28% below its 52-week high of 13,675.00 rupees, which the company reached on August 1st.

Maruti Suzuki has reduced its India sales target to 2.54 million units per annum from 3.25 million estimated earlier by FY30, but the production target of 4 million units remains intact.

Discover the sales performance of Maruti Suzuki Ertiga in January 2025, highlighting its popularity, pricing, and features.