Maruti Suzuki Growth Powered by MPVs

The crossover craze isn’t limited to just North America.

Once in a while, we here at TTAC cast our gaze outward, beyond our shores. A quick cruise of global automotive news shows that Maruti Suzuki helped drive big growth in the multi-purpose vehicle (MPV) segment in India in 2019. Yep, people on the other side of the world like crossovers just as much as we do.

While much of the Indian automotive market saw contraction, with some segments in the double digits, MPVs saw a segment growth of 35 percent. The market share of these vehicles has risen from 5 percent to 8 percent. At its peak, the MPV’s market share was 10 percent.

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Suzuki Shows Compact MPV In Delhi, India Rides The Ertiga

MPV times in India. At the same Delhi show where GM demonstrated a good-sized MPV concept, market leader Suzuki showed what they call “India’s first compact Multi Purpose Vehicle” a.k.a. the ERTIGA.

While our friends at Motorbeam.com where snapping pictures, Shinzo Nakanishi, Managing Director and CEO of Maruti Suzuki explained that the MPV will strengthen Suzuki’s position in an increasingly crowded market:

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  • Zerofoo @VoGhost - The earth is in a 12,000 year long warming cycle. Before that most of North America was covered by a glacier 2 miles thick in some places. Where did that glacier go? Industrial CO2 emissions didn't cause the melt. Climate change frauds have done a masterful job correlating .04% of our atmosphere with a 12,000 year warming trend and then blaming human industrial activity for something that long predates those human activities. Human caused climate change is a lie.
  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?