Suzuki Motor Corporation

Suzuki Motor Corporation announced a reduction in prices across its popular vehicle portfolio after the recent cut in Goods and Services Tax (GST) rates. The revision is aimed at making vehicles more affordable for consumers, particularly in the small car and mid-segment categories, which dominate the Indian market. Analysts note that the move is expected to boost demand, particularly during the festive season, while also offering relief to price-sensitive buyers.

Suzuki Motor Corporation has announced an optimistic outlook for the Indian market, forecasting a 1-2% growth in passenger vehicle wholesale for FY25-26. With substantial capital expenditures of 380 billion yen, Suzuki plans to strengthen its position in India, particularly through its subsidiary Maruti Suzuki, which is aiming to surpass industry growth. Key initiatives include increased production capacity, new SUV launches like the e VITARA, and the expansion of the Kharkhoda plant.