Maruti Suzuki Company Profile: Products, Promoters and Clients
Question 1: What are the products and services of Maruti Suzuki?
Maruti Suzuki India Limited, formerly Maruti Udyog Limited, is a car company based in New Delhi, India. It is a subsidiary of the Japanese company Suzuki Motor Corporation. Maruti Suzuki has 3,598 sales locations in 1,861 cities across India. In the Brand Trust Report by Trust Research Advisory, Maruti Suzuki ranked thirty-seventh among India's most trusted brands in 2013 and moved up to ninth place by 2019. Key Management Members include: Here's an overview:
Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery
Product:
1. Passenger Vehicles: Maruti Suzuki manufactures a wide range of cars including hatchbacks (Alto, Celerio, Swift), sedans (Dzire, Ciaz), SUVs (Vitara Brezza, S-Cross), and multi-purpose vehicles (Ertiga).
2. Commercial Vehicles: Under the Maruti Suzuki Commercial channel, they offer vehicles designed for business needs, such as the Super Carry mini truck.
3. Electric and Hybrid Vehicles: Maruti Suzuki is also exploring the electric and hybrid vehicle segment to align with future automotive trends.
Services
1. Finance: Through Maruti Suzuki Smart Finance, they provide tailored financial solutions for car buyers, making the purchasing process more accessible and convenient.
2. Insurance: Maruti Insurance offers comprehensive insurance policies to protect vehicles and their owners.
3. True Value: This service focuses on the buying, selling, and exchanging of pre-owned Maruti Suzuki vehicles, ensuring quality and reliability in the used car market.
4. Fleet Management: N2N Fleet Management services cater to corporate clients, offering leasing, maintenance, and remarketing solutions.
5. Driving Schools: Maruti Suzuki Driving Schools provide professional driving training, focusing on road safety and driving skills.
6. Accessories: Maruti Suzuki Genuine Accessories include a range of products such as alloy wheels, body covers, seat covers, and car care items, available through their dealer network.
7. Service: The company offers comprehensive after-sales services, including vehicle maintenance, repairs, and genuine parts supply through an extensive network of service centers.
Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education
Question 2: Who are the promoters of Maruti Suzuki?
Suzuki Motor Corporation (SMC) is the main owner of Maruti Suzuki. SMC has a large share in the company. It is a top car maker based in Hamamatsu, Japan.
1. Hisashi Takeuchi - Managing Director and CEO
- Appointed in April 2022, Hisashi Takeuchi has been with Suzuki Motor Corporation since 1986 and has extensive experience in the automotive industry. Prior to this role, he was involved in various leadership positions, including Global Automobile Marketing and European Operations.
2. Kenichi Ayukawa - Executive Vice-Chairman
- Serving as the Managing Director and CEO from 2013 to 2022, Kenichi Ayukawa has significantly contributed to Maruti Suzuki's growth and stability. He continues to provide strategic guidance in his role as Executive Vice-Chairman.
3. Ajay Seth - Chief Financial Officer
- Ajay Seth joined Maruti Suzuki in 2005 and has over three decades of experience in finance. As the CFO, he oversees the company's financial strategy and operations, ensuring fiscal discipline and driving financial growth.
4. Shashank Srivastava - Senior Executive Director (Marketing and Sales)
- With over three decades at Maruti Suzuki, Shashank Srivastava leads the company's marketing and sales strategies. He has played a crucial role in maintaining Maruti Suzuki's market leadership in India.
Also Read: Neuland Labs Company Profile: Products, Promoters and Clients
5. Rajesh Uppal - Senior Executive Director (HR and IT)
- Rajesh Uppal has been with Maruti Suzuki for more than three decades and is responsible for Human Resources and IT functions. His focus includes talent development and leveraging technology for business growth.
6. CV Raman - Chief Technical Officer
- CV Raman has been associated with Maruti Suzuki for over three decades and is instrumental in the development of new products and technologies. He oversees the company's R&D and engineering activities.
Question 3: Who are the clients of Maruti Suzuki?
Maruti Suzuki serves a wide range of clients including:
- Corporate Sales: Clients from FMCG, IT companies, public sector undertakings, banks (both public and private), hotels, and multinational corporations.
- Fleet Sales: Organizations requiring vehicle fleets, including app-based taxi services and school vans.
- Government Sales: Central and State Government employees, with special benefits for government staff.
- Bulk Sales: Large orders from both government and private institutions.
- Defence Services: Indian Defence Services through CSD, CPC, and DGS&D.
- NRI & Embassy Sales: Vehicles for Non-Resident Indians and embassies.
- Leasing Clients: Both retail and corporate clients through Maruti Suzuki Leasing, providing flexible leasing options.
Also Read: Eicher Motors Company Profile: Products, Promoters and Clients