Company website - www.marutisuzuki.com/
49 % market share in Indian automotive market ( passenger ), slowly venturing into commercial also.
1800cr invested for future EV ready battery projects.
Roll out of EV charging infra by 2023 leading to mass acceptance.
Currently only 3 electric models in India across brands, charging times are high, avg range is less than 300km, not enough chargers on road, so still needs refining.
We have ICE engines for last 80 years, and still perfecting them , so EV have time, by 2025 expect disruption.
No debt, huge land bank, best service centre presence pan India.
When it comes to cars, a Maruti Suzuki never lets down ( Japanese tech )
Covid and semiconductor shortage hit auto markets worldwide, the share was muted. As economy reopens, things get back on track, share prices appreciates.
A must have in portfolio. BUY
49 % market share in Indian automotive market ( passenger ), slowly venturing into commercial also.
1800cr invested for future EV ready battery projects.
Roll out of EV charging infra by 2023 leading to mass acceptance.
Currently only 3 electric models in India across brands, charging times are high, avg range is less than 300km, not enough chargers on road, so still needs refining.
We have ICE engines for last 80 years, and still perfecting them , so EV have time, by 2025 expect disruption.
No debt, huge land bank, best service centre presence pan India.
When it comes to cars, a Maruti Suzuki never lets down ( Japanese tech )
Covid and semiconductor shortage hit auto markets worldwide, the share was muted. As economy reopens, things get back on track, share prices appreciates.
A must have in portfolio. BUY
Comment:
25 nov 2021
Organized scrap centre opened at noida by maruti suzuki.
MARUTI and TOYOTA jv , 300 Scrap Centres coming in 2 years
Get rid of old cars, thats how new cars will sell. States to make amends and Delhi scrappage model to be utilized pan India
Organized scrap centre opened at noida by maruti suzuki.
MARUTI and TOYOTA jv , 300 Scrap Centres coming in 2 years
Get rid of old cars, thats how new cars will sell. States to make amends and Delhi scrappage model to be utilized pan India
Comment:
2022--
5,500 cr capital expenditure guidance declared- divided among the new models, R&D , maintenance capex, facilities in existing plants, land purchase, etc.
investment of nearly Rs 18,000 crore in the new plant in Sonipat which is likely to be commissioned by 2025 and will have installed capacity of about one million units a year.
5,500 cr capital expenditure guidance declared- divided among the new models, R&D , maintenance capex, facilities in existing plants, land purchase, etc.
investment of nearly Rs 18,000 crore in the new plant in Sonipat which is likely to be commissioned by 2025 and will have installed capacity of about one million units a year.
Comment:
Chip shortage order backlog of 6lc vehicles, maruti alone has 2.8lc pending.
Where is recession? :)
Silver lining- only going to increase bottom line of organised used car players.
Young startup spinny valued at 2 billion, huge upside for maruti's true value as waiting periods push consumers to used car market.
Win Win
Where is recession? :)
Silver lining- only going to increase bottom line of organised used car players.
Young startup spinny valued at 2 billion, huge upside for maruti's true value as waiting periods push consumers to used car market.
Win Win
Comment:
Failed to break neckline. Picture perfect
Comment:
Japan's Suzuki Motor plans to invest about 150 billion yen ($1.26 billion) to produce electric vehicles and batteries in India,
Comment:
Maruti sets up New Mobility Division to participate in EV race
Comment:
India's Maruti Suzuki to phase out pure petrol-powered cars in 10 years
Comment:
Maruti Suzuki Jimny ( mini g wagon ) accumulates 9,000 bookings; Fronx (baleno gym version ) gathers 2,500 orders
15 nov 2021
Demand is at all time high, where is covid recession?
4 month long waiting periods
Even two wheeler customer segment has funds to go for a car now.
50% of every Indian's new car is a Maruti Suzuki