This valuation places Maruti ahead of Ford, General Motors (GM), and Volkswagen, three of the most established names in the automobile industry.
The Indian automaker has also crossed the valuation of its own parent company, Suzuki Motor Corporation of Japan, which currently has a market capitalisation of around $29 billion. In the global rankings, Maruti now stands just below Honda Motor, valued at $59 billion.
The international list of automakers continues to be dominated by Tesla, with a market capitalisation of $1.47 trillion. Tesla is followed by Toyota at $314 billion and China’s BYD at $133 billion.
Ferrari occupies fourth place at $92.7 billion, while BMW and Mercedes-Benz hold fifth and sixth positions at $61.3 billion and $59.8 billion, respectively.
Behind Maruti, Ford has dropped to ninth place with a valuation of $46.3 billion, followed by GM at $57.1 billion and Volkswagen AG at $55.7 billion.
Industry observers point out that Maruti’s rise is linked to its consistent strategy of focusing on the small car segment, which makes up more than 60 percent of its total sales volume.
Affordable and fuel-efficient models have continued to attract Indian buyers, strengthening the company’s appeal to investors. In addition, recent GST reforms introduced on September 22 have improved investor sentiment and supported its market performance.
The company’s strong position is also reflected in its recent sales momentum. During the ongoing festive season, Maruti has sold 75,000 cars since Navratri began, according to a senior company official cited by PTI. The launch of the GST 2.0 framework has further contributed to this growth.
Customer activity has surged significantly in recent weeks. Daily inquiries have reached nearly 80,000, almost double the usual 40,000–45,000. This has translated into about 18,000 daily bookings, creating extended waiting periods for certain small car models.
/images/ppid_59c68470-image-175911010940497656.webp)
