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Baua Electric
MAY 13, 2024
Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. In its forecast for Japanese FY-24 (Indian FY-25), the presentation added, “Expect record sales and profits due to higher unit sales.
Green Car Congress
JANUARY 9, 2023
India’s sales of new vehicles totaled at least 4.25 million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 million units. million units.
Green Car Congress
NOVEMBER 6, 2012
American Suzuki Motor Corporation (ASMC), the sole distributor in the continental United States of Suzuki Motor Corporation automobiles, motorcycles, all-terrain vehicles and marine outboard engines, will restructure under chapter 11.
Green Car Congress
DECEMBER 7, 2012
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.)
Baua Electric
MAY 7, 2024
The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. The key growth drivers for sales last month are the favourable market sentiment driven by stable fuel prices, positive monsoon outlook by the IMD, festive demand and the marriage season.
Baua Electric
MAY 7, 2024
The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. The key growth drivers for sales last month are the favourable market sentiment driven by stable fuel prices, positive monsoon outlook by the IMD, festive demand and the marriage season.
Baua Electric
JANUARY 16, 2024
CY2023, which turned out to be strong year of sales growth for the passenger vehicle and two-wheeler segments in India, is done and dusted. Car and SUV sales scaled a new high at 4.10 million units and two-wheeler sales crossed the 17-million-units mark. Maruti Suzuki effected three separate recalls covering 35,752 units.
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