All about Suzuki

During an investor update, Maruti Suzuki India Ltd (MSIL) stated that it must adapt to the new market realities where over 50% of cars sold are SUVs. The company said it needs to launch more SUV models to achieve a similar share in its portfolio. However, MSIL noted that developing a new model takes around four years, so there could be some fluctuations in their offerings initially..
As MSIL's current SUV market share is around 21%, introducing more SUV models will help drive incremental gains. The company also mentioned that since SUVs have larger wheels and are heavier vehicles, they tend to have higher CO2 emissions. MSIL is further assessing the government's stance on large SUVs before proceeding.

Based on MSIL Q4 FY24 – Investor Conference Call

On May 9, Maruti Suzuki India Limited (MSIL) launched the 2024 all-new Swift subcompact hatchback for INR 649 thousand going to INR 964.5 thousand. 

It measures 3,860 mm long, 1,735 mm wide, and 1,520 mm high, with a wheelbase of 2,450 mm.

It comes with a new 1.2-liter Z-Series engine which delivers 60 kW of peak power at 5,700 rpm (81.58 PS at 5,700 rpm) and 111.7 Nm of peak torque at 4,300 rpm. It is equipped with an electric water pump for optimal engine cooling and a Lambda air-flow sensor for up to 12% lower CO2 emissions, leading to a fuel efficiency of up to 25.75 km/liter (14% enhancement over the last generation Swift). It also gets a hydraulic clutch mechanism and auto gear shift (AGS) transmission. 

Its features include a 22.86cm (9inch) Smart Play Pro+ infotainment system, ARKAMYS surround sense, wireless charger, and Suzuki Connect with advanced vehicle information and alerts. Its safety features include 6 airbags, 3-point seatbelts for all seats, an electronic stability program (ESP), a hill hold assist, an anti-lock braking system (ABS) with electronic brakeforce distribution (EBD) and brake assist, as standard features. 

Swift is being manufactured at Suzuki Motor Gujarat Pvt. Ltd. (SMG), a wholly-owned subsidiary of MSIL. 

Based on the Maruti Suzuki India press release

On April 26, Maruti Suzuki, India announced that it registered net sales of INR 1,349,378 million in FY2023-24, a growth of 19.9% over the net sales of INR 1,125,008 million in FY2022-23.

The company achieved a net profit of INR 132,094 million in FY2023-24, 64% higher than the net profit of INR 80,492 million in FY2022-23. The company was able to better its net profit on account of higher sales volume, favorable commodity prices, cost reduction efforts and higher non-operating income.

The company sold a total of 2,135,323 vehicles during the year, a growth of 8.6% over that in FY2022-23. Sales volume in the domestic market stood at 1,852,256 units and exports at 283,067 units.

Based on the Maruti Suzuki India press release