Maruti Suzuki ranks eighth among world’s most valuable carmakers with $57 billion valuation
The company, which is the largest subsidiary of Japanโs Suzuki Motor Corporation, has even surpassed its parent company in valuation. Suzukiโs market cap currently stands at about $29 billion, significantly lower than its Indian unit.
New Delhi: Maruti Suzuki India has entered the elite list of the worldโs top car manufacturers by market value, climbing to the eighth position globally. With a market capitalisation of around $57.6 billion, the Indian automaker has overtaken major global brands like Ford, General Motors and Volkswagen, The Economic Times reported citing ETIG figures. The company, which is the largest subsidiary of Japanโs Suzuki Motor…