On the surface, the collaboration seems like a masterstroke: Toyota brings global EV pedigree, and Maruti has local manufacturing prowess and market reach. But it’s more complex than that.
The Swift created a new market segment—premium hatchback—where prices were well above the entry level, where features mattered more than functionality.
The automaker by sales also expects export volumes to grow to 8,00,000 cars by fiscal 2031, Chairman R.C. Bhargava told shareholders at the company's annual general meeting.
Steering wheels have come a long way in the past couple of decades ever since steering-mounted controls became a thing in the late 1990s on top-end luxury cars.
In his first interaction with the Indian media, Maruti Suzuki's new CEO Hisashi Takeuchi revealed the carmaker's plans to roll out its first electric car by 2025 and more.
Apart from Covid fear, job losses and pay cuts across industries has increased risk aversion among customers leading to a sharp fall in discretionary spending.
The govt wants to sell a 76% per cent stake in AI that comes with a debt of Rs 33,392 crore; the remaining 24% is likely to be sold later, when share prices go up.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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