India’s homegrown automaker Maruti Suzuki has achieved a historic milestone by climbing to the 8th position in global carmaker valuation. With a market capitalization of approximately $57.6 billion, the company has outpaced global giants like Ford, General Motors (GM), and Volkswagen, cementing its place among the world’s most valuable automobile manufacturers.
Maruti Suzuki’s latest valuation positions it ahead of its parent company, Suzuki Motor Corporation of Japan, which currently stands at around $29 billion. Globally, Maruti now ranks just below Honda Motor, valued at $59 billion.
In the global market capitalization rankings of automakers:
Tesla leads with $1.47 trillion
Toyota follows at $314 billion
China’s BYD holds $133 billion
Luxury brands Ferrari, BMW, and Mercedes-Benz occupy fourth, fifth, and sixth positions with $92.7B, $61.3B, and $59.8B respectively
Behind Maruti, Ford has slipped to ninth place ($46.3 billion), while GM and Volkswagen AG hold $57.1 billion and $55.7 billion valuations, respectively.
Industry analysts attribute Maruti Suzuki’s rise to a consistent focus on the small car segment, which contributes to more than 60% of its total sales volume.
Key factors influencing its valuation include:
Affordable and fuel-efficient models appealing to Indian buyers
Strong brand loyalty and long-standing reputation in the domestic market
Positive investor sentiment supported by recent GST reforms introduced on September 22
This strategy has made Maruti Suzuki an attractive option for both consumers and investors, strengthening its market capitalization in comparison to global competitors.
Maruti Suzuki’s current sales performance reflects its growing market strength. According to a senior company official cited by PTI, the automaker has sold 75,000 cars since Navratri began.
The implementation of GST 2.0 has further fueled this growth by simplifying compliance and improving investor confidence.
Recent weeks have witnessed a significant spike in customer activity, highlighting robust demand for Maruti’s vehicles:
Daily inquiries have surged to nearly 80,000, almost double the usual 40,000–45,000
Resulting in approximately 18,000 daily bookings
Extended waiting periods for certain small car models due to high demand
This surge demonstrates Maruti’s dominance in the Indian automobile market and reflects growing confidence among buyers, particularly for small and mid-segment vehicles.
Maruti Suzuki’s rise in the global carmaker rankings not only underscores its financial strength but also highlights India’s increasing presence in the global automotive landscape.
By surpassing well-established automakers like Ford, GM, and Volkswagen, Maruti has demonstrated the effectiveness of its domestic-focused strategy while maintaining strong investor appeal and market competitiveness.
Conclusion
Maruti Suzuki’s entry into the top 10 global automakers by market capitalization is a testament to its strategic focus on small, affordable cars, consistent sales growth, and investor confidence fueled by policy reforms like GST 2.0. With ongoing festive season sales and a surge in customer bookings, Maruti continues to solidify its position as a leading global car manufacturer, ahead of major international brands and setting a benchmark for the Indian automotive industry.