Pricey Wheels: 88% of Indians Priced Out as Maruti Suzuki Grapples with Profit Pressures

Unknown Apr 02, 2026 750 Views

Maruti Suzuki Chairman R.C. Bhargava revealed that only 12% of Indian households (earning over ₹12 lakh/year) can afford new cars, as small car sales fell 9% in FY25 amid rising prices and shifting consumer preferences. The company’s Q4 net profit slipped 1% YoY to ₹3,911 crore, though annu...