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Hindustan Times
5 days ago
- Automotive
- Hindustan Times
Maruti Suzuki XL6 gets 6 airbags as standard
Maruti Suzuki India Limited has silently updated the XL6 to now offer 6 airbags as a standard offering. Earlier, 6 airbags were only present on the higher variants, but now even the base trim gets them. As expected, the prices have received a hike. After this update, only the Fronx, S-Presso and Ignis are left to receive 6 airbags. The manufacturer has already confirmed that before the year ends, all cars will be equipped with 6 airbags.
Time of India
17-07-2025
- Automotive
- Time of India
Maruti engine sputters on small car woes
Production at Maruti Suzuki India Ltd , India's largest carmaker, fell to a five-year low in June as demand for its bread-and-butter small cars and compact sedans continued to weaken. An email sent to Maruti remained unanswered. June is typically when Maruti undertakes its bi-annual plant maintenance shutdown, but this year's figure is the lowest for the month since 2020. Output has fallen 23per cent to 125,392 from 163,037 in June 2021, according to the company's monthly production filing. The slide is reflective of broader fatigue in the small car segment, once Maruti's mainstay, amid a shift in consumer preferences toward sport utility vehicles (SUVs) and premium models. SUVs now account for 66per cent of the total sales mix, according to the Society of Indian Automobile Manufacturers (SIAM). Besides this, Maruti lacks electric vehicles in its model range. Rivals Tata Motors and Mahindra & Mahindra have a head start in that segment. Dealers say inventory levels have been gradually building up at outlets, particularly for models such as the Alto, S-Presso, Dzire and Celerio, forcing the automaker to regulate output to avoid overstocking. 'Despite attractive consumer offers, demand in the entry-level segment has remained tepid for several quarters,' said a senior executive at a leading Maruti dealership. Changing Buyer Preferences 'Rising ownership costs, changing consumer aspirations, and urban market saturation are all playing a role.' According to a July 1 report by Kotak Institutional Equities, Maruti's domestic sales declined 4.5per cent year-on-year in the June quarter, pulled down by a steep 36per cent drop in the sales of its smallest models. The broader market hasn't fared much better. Passenger vehicle sales in India fell 1.4per cent to 1 million units in the April-June period from the year earlier, snapping a four-year growth streak, according to data released by SIAM on Tuesday. Analysts said the outlook for small cars remains weak in the near term, and manufacturers may need to re-strategize product portfolios to align with evolving buyer preferences. 'Apart from the structural changes in the car market, lack of a completely new model introduction in the small car segment has made it unattractive for the buyers,' said Puneet Gupta, director at S&P Global Mobility. Companies are no longer looking at investing in new small car models as tighter regulations on emissions and safety have made it unviable for manufacturers to sell cars at competitive prices, he noted. Brokerage Nomura Research has maintained its FY26 growth forecast for passenger vehicles and two-wheelers at 5per cent and 7 per cent, respectively. 'We expect demand to improve in the second half, led by lower income tax and reduced interest rates,' Kapil Singh of Nomura Research said in a note. Expectations that the upcoming festive season—along with lower income taxes and interest rates—may revive demand need to be balanced by Chinese curbs on the export of rare earth magnets, a critical component of EVs and ICE engines.
Time of India
16-07-2025
- Automotive
- Time of India
Maruti engine sputters on small car woes
Production at Maruti Suzuki India Ltd , India's largest carmaker, fell to a five-year low in June as demand for its bread-and-butter small cars and compact sedans continued to weaken. An email sent to Maruti remained unanswered. Explore courses from Top Institutes in Select a Course Category Artificial Intelligence Design Thinking others healthcare MBA Public Policy Management Digital Marketing Data Analytics MCA CXO Others Product Management Finance Leadership Healthcare Data Science Technology Operations Management PGDM Cybersecurity Degree Project Management Data Science Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details June is typically when Maruti undertakes its bi-annual plant maintenance shutdown, but this year's figure is the lowest for the month since 2020. Output has fallen 23% to 125,392 from 163,037 in June 2021, according to the company's monthly production filing. The slide is reflective of broader fatigue in the small car segment, once Maruti's mainstay, amid a shift in consumer preferences toward sport utility vehicles (SUVs) and premium models. SUVs now account for 66% of the total sales mix, according to the Society of Indian Automobile Manufacturers (SIAM). Besides this, Maruti lacks electric vehicles in its model range. Rivals Tata Motors and Mahindra & Mahindra have a head start in that segment. Live Events Dealers say inventory levels have been gradually building up at outlets, particularly for models such as the Alto, S-Presso, Dzire and Celerio, forcing the automaker to regulate output to avoid overstocking. 'Despite attractive consumer offers, demand in the entry-level segment has remained tepid for several quarters,' said a senior executive at a leading Maruti dealership. Changing Buyer Preferences 'Rising ownership costs, changing consumer aspirations, and urban market saturation are all playing a role.' According to a July 1 report by Kotak Institutional Equities, Maruti's domestic sales declined 4.5% year-on-year in the June quarter, pulled down by a steep 36% drop in the sales of its smallest models. The broader market hasn't fared much better. Passenger vehicle sales in India fell 1.4% to 1 million units in the April-June period from the year earlier, snapping a four-year growth streak, according to data released by SIAM on Tuesday. Analysts said the outlook for small cars remains weak in the near term, and manufacturers may need to re-strategize product portfolios to align with evolving buyer preferences. 'Apart from the structural changes in the car market, lack of a completely new model introduction in the small car segment has made it unattractive for the buyers,' said Puneet Gupta, director at S&P Global Mobility. Companies are no longer looking at investing in new small car models as tighter regulations on emissions and safety have made it unviable for manufacturers to sell cars at competitive prices, he noted. Brokerage Nomura Research has maintained its FY26 growth forecast for passenger vehicles and two-wheelers at 5% and 7%, respectively. 'We expect demand to improve in the second half, led by lower income tax and reduced interest rates,' Kapil Singh of Nomura Research said in a note. Expectations that the upcoming festive season—along with lower income taxes and interest rates—may revive demand need to be balanced by Chinese curbs on the export of rare earth magnets, a critical component of EVs and ICE engines.
News18
06-07-2025
- Automotive
- News18
Maruti Suzuki And Hyundai Domestic Sales Dropped, But Exports Up in Apr-June 2025
According to company data, total domestic passenger vehicle sales fell to 1,18,906 units in June 2025 compared to 1,37,160 units in the same month last year. This marks a drop of 13.3 per cent year-on-year for June. The decline in sales was also visible in the first quarter of FY2025-26. From April to June 2025, Maruti Suzuki sold 3,93,572 passenger vehicles in the domestic market, compared to 4,19,114 units sold in the same period of FY2024-25. This represents about a 6.1 per cent decline in sales during the quarter. The sharpest fall was seen in the Mini and Compact car segments. Mini cars like Alto and S-Presso saw sales drop to 6,414 units in June 2025, down from 9,395 units a year ago. Compact cars such as Baleno, Celerio, Dzire, Ignis, Swift, and WagonR also saw a decline in sales to 54,177 units, down from 64,049 units in June 2024. Together, the Mini and Compact segments fell from 73,444 units to 60,591 units, indicating a weak demand in small car categories. Light Commercial Vehicle (LCV) sales also saw a marginal drop, while export sales increased to 37,842 units in June 2025, up from 31,033 units a year ago. Overall, Maruti Suzuki's total domestic sales (including PV and LCV) stood at 1,21,339 units in June 2025, compared to 1,39,918 units in June 2024, showing a broader decline in local demand. Despite the dip in domestic sales, export performance showed growth, which helped the company limit the impact on total sales. The company exported 96,972 vehicles in April-June 2025 versus 70,560 vehicles in the same period in the previous year, a 22 per cent increase. On the other hand, Hyundai Motor India Limited (HMIL) sold 60,924 units in June 2025, out of which 44,024 units were sold in India and 16,900 units were exported. In the first quarter of the financial year 2026 (April to June), Hyundai sold 1,80,399 units in total. This included 1,32,259 units in domestic sales and 48,140 units in exports. Hyundai also achieved a 13 per cent year-on-year growth in exports during Q1 of FY2026, increasing from 42,600 units last year to 48,140 units this year. Exports made up 26.7 per cent of Hyundai's total sales, showing the company's growing focus on international markets. SUVs played a big role in Hyundai's domestic sales, contributing 67.6 per cent of total sales in India during June 2025. Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL said, 'In the domestic market, the geopolitical situation continued to affect the market sentiment with domestic sales registering 44,024 units in June 2025." Advertisement
Hindustan Times
03-07-2025
- Automotive
- Hindustan Times
In pics: Car sales in India slump in June, SUVs contonue to buck the trend
1/10 The Indian PV market witnessed a mixed sales performance in June 2025, with three of the top four OEMs, including Maruti Suzuki, Hyundai and Tata Motors recording sales slump amid weak consumer sentiment. The automakers have blamed it to the geopolitical crisis, Weighed down by a slowdown in retail demand, car manufacturers reduced passenger vehicle supplies to the auto dealers in June. This resulted in a seven per cent year-on-year (YoY) decline in wholesale dispatch numbers. Seven of the country's largest car manufacturers, cumulatively accounting for 95 per cent of the domestic PV market, dispatched 300,226 units to their dealer networks last month. 2/10 The small car sales continued to see a lacklustre performance last month, while SUVs bucked the trend of declining sales. Since 2019, the Indian PV industry's entry-level price point has increased by more than 70 per cent, which was largely driven by stricter safety and emission regulations. Over the same period, sales of small cars have dropped by more than 70 per cent. This has directly impacted the carmakers such as Maruti Suzuki, Hyundai and Tata Motors adversely. 3/10 Maruti Suzuki registered its weakest domestic monthly sales in more than 18 months. The OEM that has the largest pool of small cars saw a 13 per cent YoY drop in wholesale volumes in June 2025, down to 118,906 units compared to 137,160 units sold in June last year. Small cars like Alto K10 and S-Presso saw sales plummet to 6,414 units from 9,395 units. On the other hand, sales of compact models like Baleno, Celerio, WagonR, Swift, Ignis, and Dzire declined to 54,177 units from 64,049 units. Sales of the brand's utility vehicles, including Grand Vitara, Brezza, and Jimny, dropped to 47,947 units from 52,373 units, despite high demand for SUVs. 4/10 Hyundai reported a 12 per cent drop in wholesale numbers last month, with 44,024 units sold as compared to 50,103 units recorded in June 2024. Hyundai has blamed this on the geopolitical crisis and low consumer sentiment as key factors and anticipates recovery with lower repo rates, improving liquidity and the Talegaon plant production. However, Hyundai Creta retained the crown of highest selling passenger vehicle for the third consecutive time in June 2025. 5/10 Tata Motors too posted a steep decline last month, with its wholesale volume slumping 15 per cent YoY to 37,083 units, including electric vehicles. While demand for its ICE-powered models came under pressure, the homegrown auto company noted continued strength in its EV portfolio, where it sells models like Tiago EV, Tigor EV, Punch EV, Nexon EV, Curvv EV, and recently introduced Harrier EV. 6/10 Kia recorded a three per cent YoY sales slump at 20,625 units in June 2025. The South Korean car manufacturer under the Hyundai group sells popular cars like Sonet, Seltos, Carens and Carens Clavis, among others. The car manufacturer has a presence in the Indian electric car market as well. 7/10 Honda Cars India too reported a 22 per cent sales slump with 5,124 units in June 2025, comprising 4,618 units sold in the domestic market and 506 units exported. Domestic sales of the company dropped by 3.9 per cent, while exports saw a slump of 89.8 per cent YoY. The Japanese car manufacturer sells popular models like the Amaze, City, and Elevate. 8/10 Mahinda is the only car manufacturer among the top four in the Indian passenger vehicle market that reported growth last month. The homegrown auto giant retained its second position in the sales chart last month. The automaker registered an 18 per cent YoY wholesale growth, ending the last month with 47,306 units. The OEM sells some of the popular SUVs like Thar, XUV 3XO, XUV700, Scorpio N, Bolero Neo, Scorpio Classic, Thar Roxx, etc. 9/10 Toyota Kirloskar Motor too was able to buck the trend slightly. The Japanese car manufacturer registered a modest three per cent YoY increase in June wholesales with 26,453 units. The carmaker sells popular models like the Innova Crysta, Fortuner, among others. 10/10 JSW MG Motor India charted a 21 per cent YoY sales growth in June sales numbers, with 5,829 units sold. The automaker sells models like the Hector, ZS EV, Comet, Gloster, etc. However, since the launch of the Windsor EV, MG has been witnessing continuous growth in its passenger vehicle sales. First Published Date: 03 Jul 2025, 14:10 PM IST
