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MARUTI SUZUKI NOT TO LAUNCH A CAR BELOW 800 CC

Focus on World Strategic Models to drive growth

New Delhi, Feb 5, 2008

A section of the media has reported today that Maruti Suzuki is ready with a small car
with a 660 cc engine, positioned below the Maruti 800 and priced at Rs 1.5 lakh.

The company, through this press release, is denying the report. As announced earlier,
the company has no plans to launch a car like the one mentioned in the report. The
Project "Under A" mentioned in the report refers perhaps to the "A Under", the earlier
code name for the A-Star model.

To give a clear and transparent picture on this issue, we are sharing below some
information about Maruti Suzuki's future model strategy, and our reasons for choosing it.

Various manufacturers have made public their plans to develop and offer low cost cars
for India. Like the rest of the country, Maruti Suzuki is delighted that some of these
efforts have met with success, and at least one such car in this segment is now only a
few months away.

While Maruti Suzuki commends these various initiatives, the company has no plans
whatsoever of developing or offering a car in the segment below the Maruti 800.

Maruti offered the first People's Car, Maruti 800, about 24 years ago. Since then, India's
middle class and Maruti's customers have grown in every facet of their lives. Their
incomes have gone up significantly. Their lifestyles have improved in ways that were
hard to imagine a decade ago. Within the space of a generation, the "People" who
bought "People's Cars" have transformed almost beyond recognition.

With that, expectations from a car have evolved considerably. Car customers now
generally settle for nothing less than contemporary styling, international quality and
latest features that enhance their safety and convenience, while expecting performance
and fuel efficiency like their parents did before them.

These changing preferences are reflected in the sales data for existing segments in the
car market: models and variants that promise only economy and low acquisition cost are
increasingly losing out to models and variants that are rich in features and style. We find
this trend holds true across segments, including among entry level cars.

In our experience, our entry level car customers nurture a high degree of aspiration,
both in new cars as well as pre-owned. They want more from their cars in terms of
features, performance, safety and versatility.

Maruti Suzuki has been able to notice and understand this transformation, largely due to
its close relationship with customers throughout the period of their car ownership.

Suzuki and Maruti's approach of "World Strategic Models", which includes cars like Swift,
SX4 and Grand Vitara, ensures that Indian customers get international quality and style
at the same time as customers in markets like Europe and Japan. The success of these
cars in the market has endorsed our view, and we want to pursue this strategy with
greater vigour in future.

In future, the company plans to launch World Strategic Models like Splash and A-Star, as
part of the same conscious effort to offer international quality and design to Indian
customers at an attractive price.
MARUTI SUZUKI TO REVISE CAR PRICES FROM Rs 1,000/- TO 11,000/-

New Delhi, Feb 2, 2008

Car market leader Maruti Suzuki India Limited has announced a moderate
increase in the prices of its range of cars.

The increase ranges between Rs 1,000/- to Rs 11,000- (Ex-Showroom, Delhi) and


is effective across all cities and is applicable to most of its models.

In early January 2008, the company had refreshed the Swift model (Petrol and
Diesel) and had increased its prices.

Following are the revised prices of some Maruti vehicles:


Model Pre-revision Ex- Revised Ex- Change (Rs)
showroom Price (Rs) showroom Price (Rs)
M800 Std 197092 198092 1000
M800 A/c 218331 219331 1000
Alto Lx 271522 274022 2500
Alto Lxi 290184 292684 2500
Zen Estilo Lxi 352822 354822 2000
Zen Estilo Vxi 377954 379954 2000
Wagon R Lx 331429 334929 3500
Wagon R Lx LPG Duo 353232 354232 1000
Wagon R Lxi 356256 359756 3500
Wagon R Lxi LPG Duo 381053 382053 1000
Wagon R Vxi 380062 383562 3500
Omni 5 Seater 224703 227203 2500
Omni Cargo LPG 200122 202622 2500
Omni 8 Seater 226664 229164 2500
Versa Std 365465 369465 4000
Versa Dx2 476200 480200 4000
Gypsy King Hard Top 512351 522351 10000
Gypsy King Soft Top 493009 503009 10000
SX4 Vxi 618000 629000 11000
SX4 Zxi 689000 700000 11000
SX4 Zxi (Leather) 724000 735000 11000

MARUTI HELPS SUZUKI POST BETTER PROFITS

The Economic Times

TOKYO: Japan's Suzuki Motor Corp booked a better-than-expected 23 per cent jump
in quarterly profit as its Swift, SX4 and other compact cars powered a robust global
sales growth amid record-high fuel prices.

Suzuki, valued at $13.6 billion - just shy of Ford Motor Co's market capitalization -
made an operating profit of 38.3 billion yen ($360 million) in October-December,
according to calculations by Reuters based on its announcement of nine-month
results on Thursday.

That handily beat an average estimate of 36.1 billion in a media estimates poll of
six brokerages. Net profit for the third quarter climbed 20 per cent to 21.62 billion
yen, on a 12 per cent rise in revenue to 849.92 billion yen.

Suzuki has been expanding at the fastest clip among Japan's healthy automakers,
largely helped by its lead in the fast-growing Indian market. Its local subsidiary,
Maruti Suzuki India Ltd, this week also beat expectations with a 24 per cent rise in
quarterly net profit helped by solid sales of more profitable cars such as the Swift
hatchback and SX4 sedan.

To keep up with demand, which is also speeding ahead in Europe, Suzuki has been
expanding its production facilities around the world including in Hungary, India and
Japan.

In the third quarter, its global production rose 9.9 per cent to 680,000 cars, with
output increasing 6.1 per cent in Japan and 18 per cent in the rest of Asia also
thanks to a recovery in the Indonesian car market.

In Hungary, it manufactured 7.3 per cent more cars to feed growing demand in both
Western and Eastern Europe.

Suzuki, which has a relatively small exposure to the US market, and hence the
dollar, enjoyed currency gains of 4.7 billion yen in the quarter as the yen weakened
favorably against the euro, Indian rupee and other currencies.

A rise in raw materials costs was a drag, but the company managed a net gain from
cost reduction efforts of 6.7 billion yen. Improved vehicle sales contributed 13.9
billion yen to the rise in operating profit.

Suzuki, which is known for its ultra-cautious projections, left its annual forecasts
unchanged at 145 billion yen for operating profit and 82 billion yen at the net level.

Consensus forecasts from 18 brokerages as of Thursday see an operating profit of


154.8 billion yen and net earnings of 88.5 billion yen, up 16-18 percent from
2006/07.

A day earlier, fellow Japanese car and motorcycle maker Honda Motor Co reported a
stronger-than-expected 38 percent surge in three-month net profit as it shrugged
off soft US demand with brisk overseas sales growth. A weak yen against currencies
other than the dollar also helped, prompting it to raise its full-year profit forecasts.
As with Honda, Suzuki's motorcycle sales in the United States suffered as
consumers pulled back purchases of leisure products amid the subprime credit
woes, a spokesman said.

Suzuki's shares lost 23 percent in the past 12 months, largely in line with the Tokyo
market but better than a 26 percent fall in the transport sector subindex ITEQP.

Before the results announcement, they ended up 5.1 per cent at 2,675 yen,
outpacing the sector's 4 per cent rise

MARUTI NET RISES 24%, EXPORTS UP 52% DESPITE RUPEE SURGE

The Financial Express

New Delhi: Rising hatchback sales and a new premium car launch helped Maruti Suzuki India Ltd (MSIL), the
country's largest car maker, post a 24% rise in third quarter net profit. The company's profit rose to Rs 467
crore in the quarter to December 31, 2007 versus Rs 376.4 crore a year ago. Its exports grew by almost
52% just when its competitors reported negative exports sale. The company¿s net sales went up by 27.71%
to Rs 4,654 crore from Rs 3,644.19 crore.

The launch of premium sedan SX4 and popular hatchback Swift drove MSIL's total sales by 16.86% to 2.01
lakh units from 1.72 lakh units a year ago. But despite the strong performance, Maruti's shares fell by
0.63% on the Bombay Stock Exchange on Tuesday to close at Rs 857.20.

In the export market, Maruti notched a 51.59% jump, selling13,754 units in the quarter against 9,073 units
a year earlier. This is despite the appreciation of rupee against the dollar. The industry's performance in the
export market has been dismal with a negative growth rate. The country's largest exporter, Hyundai Motor
India and other players like Tata Motors saw a dip in exports from the rising rupee.

Despite the prevailing high interest rates, the company's domestic sales went up by 14.72% to 1.87 lakh
units against 1.63 lakh units in the year-ago period.

For the nine-month period ended December 2007, MSIL's net profit grew up by 28.7% to Rs 1,433.14 crore
against Rs 1,113.42 crore. Net sales for the period was up 28.67% at Rs 13,097.37 crore against Rs
10,178.8 crore in 2006. The total number of vehicle sold during the period went up by 18.52% to 5.63 lakh
units against 4.75 lakh units in the same period a year ago.

MSIL has also announced the appointment of K Asai as director on the board. Asai, who takes over from T
Hasuike, will be in charge of engineering operations

MARUTI TUNING UP MARKETING, SET UP MEGA SHOWROOMS

Mint

New Delhi: Maruti Suzuki India Ltd, which makes half the cars sold in the country, plans to build mega
showrooms spanning several thousand square feet to display as many as 50 vehicle models at a go.

These outlets will be the first company-owned ones in Maruti's two-decade history and are part of its
marketing strategy to sell a million cars a year by 2010 amid intensifying competition.
The company also plans to build warehouses for spare parts and vehicles across the country to reduce the
lead time in delivering these to customers, besides setting up service training centres for employees at
dealer outlets.

Currently, the company manages these activities from its headquarters in Gurgaon, Haryana, where it
makes the cars.

Maruti will begin by constructing four such showrooms in major cities in the four corners of India. These
showrooms will only display vehicles and not sell them. Maruti plans to eventually have 16 such showrooms.

The firm has earmarked Rs7,000 crore in its distribution network and research and development to defend
its market share in Asia's third largest automobile market.

"If there are people coming here and seeing the menu of Maruti Suzuki, it makes them interested," said
Shinzo Nakanishi, managing director of the company. Then, "they go to the dealer and buy it."

While the idea of display-only showrooms is new to India, other manufacturers such as Toyota Motor Co.
have such outlets in Japan, typically in malls, where people can look at around 70 Toyota models. The firm
has also constructed what is considered the largest showroom in the world, called Megaweb, spanning
several floors, with driving simulators, test tracks, future technologies, historical models and so on to drive
visitors.

Maruti has one of the largest stable of cars in the country, selling 11 models, with three more likely to be
introduced over the course of this year.

"We are in the business of creating images," said Mayank Pareek, head of marketing at Maruti. "We wanted
a place where customers can experience all the 11 brands and all their variants." Pareek said these super-
sized showrooms would be bigger than typical dealer outlets which typically cover an area between 2,000
sq. ft and 8,000 sq. ft.

Maruti has 564 dealers in 373 cities with each selling 1,280 cars a year on an average, compared with 680
units for rival Tata Motors Ltd, India's largest car maker by revenues. All these dealer outlets are franchises
and the company doesn't own any of its own.

With customers having more choice than before, auto firms are relying on superior sales and service
infrastructure, including free pickup and delivery of cars for servicing to woo customers. With new entrants
such as Volkswagen AG and Nissan Motor Co. building factories in India, at least 300 outlets are likely to be
opened in the next 18 months, setting the stage for aggressive marketing.

Sales in the domestic market are expected to reach 2.2 million units by 2010 from 1.4 million in 2006-07,
according to the Society of Indian Automobile Manufacturers, an industry body
MARUTI SUZUKI INDIA Q3 NET RISES 24.1% TO Rs 4670 Mn

New Delhi, Jan 29, 2008

Car market leader Maruti Suzuki India Limited announced its results for the quarter ending 31st December
2007.

October - December 2007 financial results


The company registered Total Income (Net of Excise) of Rs 48,448 million during October - December 2007,
a growth of 27.2 per cent compared to October - December 2006.

Net profit during October - December 2007 stood at Rs 4,670 million, up 24.1 per cent over October -
December 2006 period.

Cumulative financial results (April 2007 to December 2007)


Maruti registered Total Income (Net of Excise) of Rs 137,347 million during the first nine months (April -
December) of the fiscal 2007-08, a growth of 29.4 per cent over the same period of the previous year.

Net profit stood at Rs 14,331 million, up 28.7 per cent over April-December 2006.

October - December 2007 unit sales


The company¿s sales during Q3 (October - December 2007) grew 17.1 per cent over the same period last
fiscal. The company sold 201,629 vehicles during the quarter, including 13,754 units of exports.

New appointment on the Board


The Board of Directors approved appointment of Mr. K. Asai, as Director on the board. He joins the Board of
Directors in place of Mr. T. Hasuike. Mr Asai will be in charge of Engineering operations including Service at
Maruti Suzuki India Limited.

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