Maruti Recalls Grand Vitara: 39,506 Units Affected
Maruti Suzuki India has recently announced a recall of 39,506 units of the Grand Vitara vehicle. This decision arises from concerns that the fuel level indicator and warning light in the speedometer assembly may not accurately reflect the fuel status. The affected vehicles were manufactured between December 9, 2024, and April 29, 2025. Owners of these vehicles will be contacted by authorized Maruti Suzuki dealer workshops for free inspections and part replacements.
Despite this recall, the overall performance of Maruti Suzuki appears strong. The company has reported that its newly introduced vehicle, the Victoris, has successfully recorded 13,496 unit sales, surpassing the Grand Vitara, which managed to sell only 10,409 units during the same period. This trend indicates a positive response from the market towards new models, showcasing the company's ability to innovate and attract customers.
In addition to the sales of individual models, Maruti Suzuki reported a commendable 7% increase in total sales. In October, the company registered total sales of 220,894 units, up from 206,434 units in the same month last year. This growth reflects the brand's enduring popularity and the successful strategies implemented to enhance customer satisfaction and product offerings.
Financially, Maruti Suzuki has also demonstrated robust performance. For the September quarter, the company reported a 7% increase in consolidated net profit, amounting to Rs 3,293 crore compared to Rs 3,069 crore in the same quarter of the previous fiscal year. Total revenue from operations surged by 13% to Rs 42,101 crore, further indicating the company's healthy financial standing.
Moreover, the total income for the quarter increased to Rs 43,014 crore, compared to Rs 38,678 crore in the year-ago period. The earnings before interest, taxes, depreciation, and amortization (EBITDA) slightly rose by 0.4% to Rs 4,434 crore, reflecting the company’s operational efficiency. However, the EBITDA margin saw a decrease, reported at 10.53% compared to 11.87% year-on-year.
In conclusion, while the recall of the Grand Vitara raises some concerns, Maruti Suzuki's overall performance remains strong, indicating resilience and adaptability in a competitive market. The company's proactive measures in addressing potential issues and its impressive sales figures showcase its commitment to quality and customer satisfaction.