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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.) Earlier post.)

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Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

But Maruti Suzuki recently launched the fourth-generation version of its highly popular hatchback, Swift—with prices starting at Rs 6.49 The average on-road prices for hatchbacks—the most price-sensitive automobile segment—have risen from Rs 5.2 To make matters worse, even vehicle finance rates are at their peak at 9.5%.

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Retail sales rise 27% to 2.20 million vehicles in April 2024 | Autocar Professional

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. Suzuki Motorcycles India, with 77,898 units, recorded 26% growth while Royal Enfield sold 72,056 motorcycles to achieve 16% growth. India Auto Inc has had a good start to the new fiscal year 2025.

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Retail sales rise 27% to 2.12 million vehicles in April 2024 | Autocar Professional

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. Suzuki Motorcycles India, with 77,898 units, recorded 26% growth while Royal Enfield sold 72,056 motorcycles to achieve 16% growth. India Auto Inc has had a good start to the new fiscal year 2025.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Back in 2001, Maruti Suzuki was one of the first players in this segment with its True Value channel, enabling trust and breaking stereotypes attached to the purchase of ‘second-hand’ vehicles. Apart from tweaking their business models, these tech-driven startups moved towards auto financing, insurance and classifieds.

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Maruti Suzuki brands remain top choice for used car buyers in 2023: CARS24 – ET Auto

Baua Electric

We can’t talk about cars without mentioning Maruti Suzuki. The timeless icon solidified its position yet again as a driving force in the Indian automobile market. Beyond the basic car purchase, they actively sought additional services and products to enrich their overall ownership experience.

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