Indian automaker Maruti Suzuki has entered the top tier of the global automobile industry by market capitalization. With a valuation of about $57.6 billion, the company now ranks as the world’s eighth most valuable carmaker, surpassing industry giants Ford, General Motors (GM), and Volkswagen.
Remarkably, Maruti Suzuki’s valuation has also overtaken that of its own parent company, Suzuki Motor Corporation of Japan, which stands at around $29 billion. Globally, Maruti now trails only Honda Motor, valued at $59 billion.
The international leaderboard of carmakers continues to be dominated by Tesla, with a market capitalization of $1.47 trillion. Toyota follows at $314 billion, while China’s BYD holds third place at $133 billion. Ferrari ranks fourth at $92.7 billion, with BMW and Mercedes-Benz in fifth and sixth positions at $61.3 billion and $59.8 billion, respectively.
Just behind Maruti, Ford is valued at $46.3 billion, while GM and Volkswagen are placed at $57.1 billion and $55.7 billion.
Industry analysts attribute Maruti’s sharp rise to its enduring strategy of focusing on small cars, which account for more than 60% of its sales. Affordable, fuel-efficient models continue to dominate demand in India, cementing Maruti’s investor appeal.
The momentum has been further boosted by the introduction of the GST 2.0 framework on September 22, which has strengthened market sentiment. The festive season has also added to the company’s performance, with Maruti selling 75,000 cars since the beginning of Navratri, according to a senior company official quoted by PTI.
Customer engagement has surged sharply, with daily inquiries reaching nearly 80,000, almost double the usual 40,000–45,000. This has translated into about 18,000 daily bookings, leading to extended waiting periods for some of its small car models.
GENERAL | China’s New Export Rules Hit Li Auto Shares in EV Market Shakeup
