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Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030
s is gradually increasing. In recent years, SUVs have become increasingly popular throughout the Indian market, with 2,357,000 SUVs sold in India in 2024, accounting for 45% of the total Indian market. For Maruti Suzuki, strengthening its SUV lineup is a must, and with the successful launch of the Brezza and Grand Vitara in 2022 and the Fronx and Jimny (5-door) in 2023, SUV sales in 2024 increased by 84.1% over 2022 to 529,000 units, overtaking ...
Market & Tech Reports Updated at: 2025/05/15
Bharat Mobility Global Expo 2025: BEVs in India
omponents, and charging solutions at its booth. In addition, Maruti Suzuki revealed its plans to develop a comprehensive network of charging stations across India. MSIL also presented a wide array of lifestyle concept vehicles, including the Dzire, Swift, Invicto, Jimny, Fronx, Grand Vitara, and Brezza. Launch of first electric SUV - e VITARA Maruti Suzuki introduced its first electric vehicle “e VITARA” for the Indian market. It wil...
Market & Tech Reports Updated at: 2025/02/13
Indian passenger car market: growth trends and outlook
he industry tempering output in the past two months, PV inventory at dealerships has continued to swell to an unprecedented level. Consequently, automakers and dealers have provided substantial incentives in the form of discounts and consumer schemes, even for popular SUVs such as the Maruti-Suzuki Brezza and Grand Vitara, the Mahindra XUV700, and the Tata Safari and Harrier. LV production in the coming months will be influenced by India’s f...
Market & Tech Reports Updated at: 2024/12/23
Indian OEMs Investment and Future Plans (1)
ny June 2023 1.5-liter K-series engine NA Maruti Suzuki Fronx(B segment SUV) April 2023 1.2 K-Series VVT engine/ 1.0L K-Series turbo booster with a progressive smart hybrid NA Maruti Suzuki Grand Vitara SUV July 2022 1.5L Next-Gen K-series dual jet, dual VVT engine Urban CruiserHyryder Toyota Brezza SUV June 2022 1.5L Dual Jet, Dual VVT engine NA Maruti Suzuki Hyundai Motor India Limited (HMIL) is the second largest passenger car manu...
Market & Tech Reports Updated at: 2023/12/28
Indian passenger car sales rank third globally in 2022
nt Market Share 2021 2022 Mini 8.8% 6.8% Compact (Hatchback/Sedan) 38.2% 36.0% Sedan (Midsize/Executive/Premium) (4250mm-5000mm) 2.9% 3.1% Compact SUV 23.6% 24.4% UV+MPV 22.6% 23.1% Vans 3.9% 6.6% (Source: MarkLines Data Center) Demand in SUV and MPV segments Maruti Suzuki Brezza compact SUV (Source: Maruti Suzuki) India was traditionally a big market for entry-level cars. However, in recent years, this trend has c...
Market & Tech Reports Updated at: 2023/09/19
Indian Auto Expo 2023 (1): EVs and Passenger Vehicles
nnounced two new SUVs - the Fronx and the Jimny for the Indian market. Overall, MSIL presented an array of 16 vehicles at the Auto Expo including the three new launches, the WagonR flex fuel prototype variant and its customized range of existing products such as the Grand Vitara, XL6, Ciaz, Ertiga, Brezza, Baleno, and Swift among others. Maruti Suzuki will begin sales of the all-new Jimny 5-Door and the all-new Fronx from FY2023. It has already s...
Market & Tech Reports Updated at: 2023/02/06
Suzuki: Expanding Capacity in India to 2.6 M units, Production of BEVs from 2025
a recovery trend, and Maruti Suzuki India Ltd.’s (Maruti Suzuki's) business performance for the April-September 2022 period shows both increased sales and profits. Sales have reached a record high. In response to the growing market size of the SUV segment in India, Suzuki launched the all-new Brezza in June 2022 and the all-new Grand Vitara, which will be manufactured by Toyota Kirloskar Motor Private Limited (Toyota Kirloskar), in Septembe...
Market & Tech Reports Updated at: 2023/01/18
Indian Auto Expo 2020: GWM and Haima announce new entry into Indian market
rom Great Wall Motor, Haima, Maruti Suzuki, Hyundai, Kia and MG Motor. Great Wall Motor debuted at Auto Expo with a display of Haval Concept H and Vision 2025. Haima announced its India launch plan. Maruti Suzuki premiered its concept electric vehicle Futuro-e along with the new Ignis and Vitara Brezza. Hyundai India presented future mobility concepts and launched the new Tucson and Creta. Kia announced the global premier of Sonet and presente...
Market & Tech Reports Updated at: 2020/02/20
Suzuki: Alliance with Toyota, recall, and electrification
mpact vehicles (Ciaz, Ertiga) to Toyota in India Toyota to adopt newly developed Suzuki engines for compact vehicles. Such engines are to be supported by Denso and Toyota, and will be manufactured at Toyota Motor Manufacturing Poland. OEM supply of Suzuki’s India-produced vehicles (Baleno, Vitara Brezza, Ciaz, Ertiga) to Toyota, targeting the African market. 3) Collaboration in the fields of technology development and production, leveraging th...
Market & Tech Reports Updated at: 2019/09/19
India: Muted market growth and jump to BS-VI regulation
supply of hybrid and other vehicles Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have concluded a basic agreement toward the mutual supply of hybrid and other vehicles between the two companies for the Indian market. Specifically, Suzuki will supply the Baleno and Vitara Brezza to Toyota, while Toyota will supply the Corolla to Suzuki. Technological development, vehicle production, and market development On May 25, T...
Market & Tech Reports Updated at: 2019/09/13
Suzuki: Expands India business, maintains 50% share of passenger car market
e mutual supply of hybrid and other vehicles between the two companies for the Indian market. While bolstering the two companies’ product lineup, the aim of the agreement is to invigorate their competitiveness in the Indian automotive market. Specifically, Suzuki will supply the Baleno and Vitara Brezza vehicle models to Toyota, while Toyota will supply the Corolla vehicle model to Suzuki. The vehicles will be sold through the sales networks of...
Market & Tech Reports Updated at: 2018/09/06
Review of Electric Vehicles and the EV Ecosystem in India
for the Indian market to Toyota. Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have concluded a basic agreement toward the mutual supply of hybrid and other vehicles between the two companies for the Indian market. Specifically, Suzuki will supply the Baleno and Vitara Brezza to Toyota, while Toyota will supply the Corolla to Suzuki. Battery plant with Toshiba and Denso For electric battery manufacturing, Suzuki an...
Market & Tech Reports Updated at: 2018/08/03
India: Vehicle sales grow to 3.76 million units; electrified vehicle adoption policy introduced
94,335 13.8% 309,955 11.3% 279,837 -0.3% Total Commercial Vehicles 56,890 1.4% 59,000 13.8% 65,310 23.2% 77,195 25.3% 69,793 6.4% Grand Total 255,289 -8.7% 357,997 14.9% 359,645 15.4% 387,150 13.9% 349,630 1.0% Source: MarkLines Data Center Suzuki Ciaz(Auto Expo 2018) Suzuki Vitara Brezza(Auto Expo 2018) In March 2017, the government of India startled OEMs by revealing its plan for all new vehicle sales in the country to be el...
Market & Tech Reports Updated at: 2018/03/23
Suzuki’s Indian operations: Production capacity to expand to 2.25 million vehicles
nd roughly 3,200 service facilities). Suzuki is also expanding its NEXA premium sales network that was established in July 2015, and is adding to its lineup of vehicles targeted at the rapidly growing middle-class. Furthermore, the OEM entered new segments by releasing new models such as the Vitara Brezza compact SUV and the Super Carry light commercial vehicle (LCV). Existing mass-market models will also be updated in order to meet Indian emissi...
Market & Tech Reports Updated at: 2017/07/27
India Market Analysis: Record sales in fiscal year 2015-16, strong trend continues in current year
l-July 2016 has continued to grow outpacing the initial SIAM forecast with sales of 957,000 units for a y/y increase of 9.2%. The UV1 segment in particular had strong sales of 160,000 units for a growth rate of 67.4%, and expanded to account for 16.7% of the overall market. The Maruti Suzuki Vitara Brezza and Hyundai Creta drove the overall market. India passenger vehicle sales by segment FY2010-11 FY2011-12 FY2012-13 FY2013-14 FY2014-15 FY2...
Market & Tech Reports Updated at: 2016/08/30