Maruti Suzuki to launch four new products in the 18 months
The country’s largest car maker Maruti Suzuki India plans to introduce around four new products in the next 12 to 18 months to build further on five years of successive double digit sales growth.
The company expects to close the ongoing fiscal with double digit sales growth. Its sales in the domestic market during the April-December period grew by 15.5 per cent at 12,26,418 units as against 10,61,873 units in the year-ago period.
It will launch the all-new version of its popular hatchback Swift at the upcoming Auto Expo to be held from February 9-14.
According to sources, besides the new Swift, the company plans to introduce a new refreshed version of its mid-sized sedan, Ciaz and multiple purpose vehicle Ertiga in the coming months.
“An all new version of compact car Wagon R is also in the pipeline but its launch timeline hasn’t been fixed,” a source said.
Maruti Suzuki India Senior Executive Director (Marketing and Sales) R S Kalsi, however, declined to comment on the company’s launch programme for the next fiscal.
“That’s a continuous process and we cannot comment on which one will come when,” he told PTI when asked about the upcoming new product introductions in the market.
Commenting on the company’s performance …read more
