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Maruti Suzuki - Maruti shifts gears as covid hits sales - livemint.com - India
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Maruti shifts gears as covid hits sales
Enthused by the potential of the Indian market, Osamu Suzuki, chairman, Suzuki Motor, announced in 2018 that the company expects annual sales in India to grow to 10 million vehicles by 2030, with Suzuki controlling half of the market. This led the automaker to invest in a new plant in Gujarat with a capacity of 750,000 vehicles a year.
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Osamu Suzuki asks Maruti suppliers to built inventory fearing 2nd covid wave - livemint.com - Japan - city New Delhi - India
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Osamu Suzuki asks Maruti suppliers to built inventory fearing 2nd covid wave
NEW DELHI : Osamu Suzuki, chairman of Maruti Suzuki India Ltd’s Japanese parent, has urged parts suppliers to its Indian unit to boost output and build a sizeable inventory to meet demand from the carmaker even if a second wave of coronavirus infections sweeps through the country and disrupts production.This is the first time in more than a decade that the 90-year-old patriarch of Suzuki Motor Corp. has personally reached out to Maruti’s vendors.
Japan city New Delhi India pandemic infection Coronavirus
Maruti Suzuki - Osamu Suzuki asks Maruti suppliers to build inventory fearing second covid wave - livemint.com - India
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Osamu Suzuki asks Maruti suppliers to build inventory fearing second covid wave
reported that Maruti Suzuki expects to produce more than 100,000 vehicles each month, starting July, sharply higher than the 3,714 vehicles it produced in May, on hopes that sales of affordable, entry-level hatchbacks will rebound on the back of a faster revival in demand in semi-urban and rural markets.The company is likely to manufacture around 30,000-40,000 vehicles in June and is likely to increase production of entry level hatchbacks in the coming months.“In India, the spread of Covid-19 infection continues and it seems impossible to predict the end. In view of this, we are extremely worried about the serious impact of this on Indian economy.
Maruti Suzuki India covid-19 economy infection
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