Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030 Launch of e VITARA in India, increasing electric and CNG vehicles Summary New mid-term management plan, "By Your Side", for FY2025-2030 Major trends toward the introduction of electric and CNG vehicles Technology trends: Strengthening CNG business with a focus on carbon neutrality Indian market: Record high sales in 2024; Expanding sales lineup focusing on SUVs Japanese m...

Market & Tech Reports  Updated at: 2025/05/15

Bharat Mobility Global Expo 2025: BEVs in India Maruti Suzuki, Hyundai, Tata, and other OEMs focus on new technologies Summary Prime Minister Inaugurates Bharat Mobility Event: Highlights on India's Auto Sector Growth New Vehicle launches in Auto Expo Motor Show 2025 Maruti Suzuki India Limited (MSIL): e VITARA, and electric ecosystem "e For Me" Hyundai Motor India Limited (HMIL): CRETA Electric, and last-mile mobility in partnership with TVS Tat...

Market & Tech Reports  Updated at: 2025/02/13

ounced on December 17 that it has become the first passenger car manufacturer in India to reach 2 million units in annual production. India will also be the first global production country for Suzuki where annual production exceeds 2 million units. Maruti Suzuki announced that it will exhibit the e VITARA, the company's first mass-production battery electric vehicle (BEV) model, a subcompact SUV, at the Bharat Mobility Global Expo 2025, which wil...

Market & Tech Reports  Updated at: 2024/12/27

ment for the Micra. The EV version of the new Interstar commercial van and a commercial EV van based on the FlexEVan will be introduced. Nissan plans to increase its sales volumes in Europe by 40% at the end of FY2026, up more than 170,000 units. Suzuki In November 2024, Suzuki has unveiled the e Vitara subcompact SUV, its first mass-production EV, in Milan, Italy. This SUV will be produced in India from the spring of 2025, with sales expected ...

Market & Tech Reports  Updated at: 2024/12/25

ring 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 festival cycle, a ...

Market & Tech Reports  Updated at: 2024/12/23

9 2020 Electric JTEKT Corporation -not applicable- Stellantis - PSA Peugeot 308 SW (France) T9 2020 Electric JTEKT Corporation -not applicable- Suzuki Magyar Suzuki Suzuki SX4 S-Cross (Hungary) JY 2020 Electric Mitsubishi Electric Corporation -not applicable- Suzuki Magyar Suzuki Suzuki Vitara / Escudo (Hungary) LY 2020 Electric Mitsubishi Electric Corporation -not applicable- Tata Jaguar Land Rover Jaguar I-Pace (Austria) X590 20...

Market & Tech Reports  Updated at: 2024/07/19

sion can be primarily attributed to stagnant growth in India and only marginal increase in Japan. Looking forward, Suzuki's global production is calculated to reach 4 mn units by 2031. These projections include the rebadged models produced for Toyota, as well as the Toyota-manufactured Suzuki Grand Vitara and Invicto in India. Global Light Vehicle Production Forecast by Group (top 10 groups)   2021 2022 2023 2024 2025 2026 ...

Market & Tech Reports  Updated at: 2024/04/26

cantly expand its export business from India, which it expects to be around 1 mn units by 2030. Consequently, Maruti Suzuki plans to double its production capacity to 4 mn units to achieve these goals.   Outlook: Including the rebadged models for Toyota, as well as the Toyota-produced Suzuki Grand Vitara and Invicto (rebadged Toyota Innova Hycross in India), we think Suzuki’s global output will near 3.3 mn units (+2% YoY) in 2023. Plus, we for...

Market & Tech Reports  Updated at: 2024/03/13

pted in the Indian market.   Here is the summary of the presentation by Indian passenger car OEMs in the event.     Maruti Suzuki India Limited (MSIL), India's largest passenger car manufacturer, didn't launch any new vehicles but showcased its product range including Jimny SUV, Fronx SUV, Grand Vitara SUV, Flex Fuel powered WagonR, along with the electric eVX SUV. Maruti Suzuki also presented the aerial vehicle concept “Sky Drive” at the ...

Market & Tech Reports  Updated at: 2024/03/08

umes increased in North America and Africa. Our view remains that the OEM’s global output will not recover to pre-pandemic levels in our forecast horizon, and we have further downgraded the forecast. Suzuki GroupIncluding the rebadged models for Toyota, as well as the Toyota-produced Suzuki Grand Vitara and Invicto (rebadged Toyota Innova Hycross in India), we think Suzuki’s global output will near 3.3 mn units (+2% YoY) in 2023. It is notabl...

Market & Tech Reports  Updated at: 2024/01/30

oyota Kirloskar Motor Model Name Launch year Engine Similar Maruti Suzuki models Produced by Rumion(C segment MPV) August 2023 1.5L- K series gasoline engine Ertiga Maruti Suzuki Urban Cruiser Hyryder(B-Segment SUV) July 2022 1.5-liter engine with THS(Toyota Hybrid System) Maruti SuzukiGrand Vitara Toyota Hilux April 2022 2.8 L four-cylinder turbo-diesel engine NA Toyota   Honda Cars India Limited is rebuilding its brand in India. Af...

Market & Tech Reports  Updated at: 2023/12/28

igent electric hybrid system with a 2.0L engine, 83.73 kW electric motor Innova Hycross Toyota Jimny 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 engin...

Market & Tech Reports  Updated at: 2023/12/28

the model expected to roll out by Q3 2024. Consequently, we also delayed the entry of the BYD Dolphin by six months to the beginning of 2025. It is possible that the Dolphin may not be launched in India.Suzuki GroupIncluding the rebadged models for Toyota as well as the Toyota-produced Suzuki Grand Vitara and Invicto (rebadged Toyota Innova Hycross) in India, we predict Suzuki will produce 3.2 mn units (+1% YoY) globally in 2023. This volume is i...

Market & Tech Reports  Updated at: 2023/10/27

roduction for Ford is anticipated to expand by 4.2%, led by further recovery in its largest production market, North America. However, this remains below the overall global industry growth rate of 6.0%.Suzuki GroupIncluding the rebadged models for Toyota, as well as the Toyota-produced Suzuki Grand Vitara in India, we predict Suzuki’s global volume at 3.24 mn units (+1% YoY) in 2023. BYD AutoAccording to recent news, we changed the manufacturin...

Market & Tech Reports  Updated at: 2023/07/26

9 2020 Electric JTEKT Corporation -not applicable- Stellantis - PSA Peugeot 308 SW (France) T9 2020 Electric JTEKT Corporation -not applicable- Suzuki Magyar Suzuki Suzuki SX4 S-Cross (Hungary) JY 2020 Electric Mitsubishi Electric Corporation -not applicable- Suzuki Magyar Suzuki Suzuki Vitara / Escudo (Hungary) LY 2020 Electric Mitsubishi Electric Corporation -not applicable- Tata Jaguar Land Rover Jaguar I-Pace (Austria) X590 20...

Market & Tech Reports  Updated at: 2023/07/06

an Light trucks (including pickup trucks) 182,067 178,342 171,901 26,376 9,418 Total 1,266,507 1,512,338 1,643,810 210,917 133,139 Lingyao Automobile(former Changan Suzuki) Oshan SUVs Z6 0 0 54,362 0 7,372 X70A 0 0 1,978 0 14 Suzuki Sedan/ Hatchback Alivio 15,353 10,101 8,942 1,438 0 SUVs Vitara 103 0 0 0 0 S-CROSS / SX4 S-CROSS 9 0 0 0 0 Total 15,465 10,101 65,282 1,438 7,386 Changan Ford Ford Sedan/ Hatchback Mondeo 27,142 33,30...

Market & Tech Reports  Updated at: 2023/03/06

ric SUV, the eVX. It also announced 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 fr...

Market & Tech Reports  Updated at: 2023/02/06

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 September of the same year. At Auto Expo India in ...

Market & Tech Reports  Updated at: 2023/01/18

9 2020 Electric JTEKT Corporation -not applicable- Stellantis - PSA Peugeot 308 SW (France) T9 2020 Electric JTEKT Corporation -not applicable- Suzuki Magyar Suzuki Suzuki SX4 S-Cross (Hungary) JY 2020 Electric Mitsubishi Electric Corporation -not applicable- Suzuki Magyar Suzuki Suzuki Vitara / Escudo (Hungary) LY 2020 Electric Mitsubishi Electric Corporation -not applicable- Tata Jaguar Land Rover Jaguar I-Pace (Austria) X590 20...

Market & Tech Reports  Updated at: 2022/09/15

- PSA Peugeot 308 (France) 2021 P5 Marelli Hella (Forvia) Stellantis - PSA Peugeot 5008 (Germany) 2017 T87 Marelli [ECU] Marelli Stellantis - PSA Peugeot 508 (France)508 SW (France) 2021 Gen-2 Valeo Valeo Stellantis - PSA Peugeot e-208 (Slovakia) 2019 Gen-2 Valeo Suzuki Suzuki Vitara (Hungary) 2020 LY Koito Tata Jaguar E-Pace (Austria) 2019 X540 Varroc Lighting Systems Varroc Lighting Systems Tata Jaguar F-Pace (U...

Market & Tech Reports  Updated at: 2022/07/06