Maruti Suzuki to launch new small car at Rs 2.75-3.25 lakh

Maruti Suzuki will soon launch a new small car with a 1 litre engine, reports CNBC-TV18 quoting sources. The launch is expected by July or early August and will sport a KB Series engine. Sources say the car is likely to be priced in the range of Rs 3-3.5 lakh.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
Real-time Stock quotes, portfolio, LIVE TV and more.
GeStepAhead SME Special
moneycontrol.com

Home » News » Business

Jun 04, 2010, 08.21 AM | Source: CNBC-TV18

Maruti Suzuki to launch new small car at Rs 2.75-3.25 lakh

Maruti Suzuki will soon launch a new small car with a 1 litre engine, reports CNBC-TV18 quoting sources. The launch is expected by July or early August and will sport a KB Series engine. Sources say the car is likely to be priced in the range of Rs 3-3.5 lakh.

Like this story, share it with millions of investors on M3

Maruti Suzuki to launch new small car at Rs 2.75-3.25 lakh

Maruti Suzuki will soon launch a new small car with a 1 litre engine, reports CNBC-TV18 quoting sources. The launch is expected by July or early August and will sport a KB Series engine. Sources say the car is likely to be priced in the range of Rs 3-3.5 lakh.

Post Your Comments

Share Cancel

Maruti Suzuki will soon launch a new small car with a 1 litre engine, reports CNBC-TV18's Swati Khandelwal quoting sources. The launch is expected by July or early August and will sport a KB Series engine. Sources say the car is likely to be priced in the range of Rs 2.75-3.25 lakh.

Maruti had in the month of May clocked a sale of 1.02 lakh units compared to 79,872 units in the year-ago period.  Earlier in the month of April, it had sold 93,078 units.

In an interview to CNBC-TV18, the company's CEO Marketing , Mayan Pareek had said that the top 10 cities were seeing a 25% industry growth. He had said that in the A2 segment Alto had the highest sale in May followed by Swift.

Maruti, the largest small car manufacturer in the country with over 50% market share hopes that this car will fit in between the Alto and the Spark, the two small cars in the lower end of the equilibrium.

The new car is expected to pre-position or replace the Alto as far as the numbers are concerned. The car, sources said, will be a global product with parts of the design being picked up from Servo a 650cc Japanese car.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Maruti Suzuki to launch new small car at Rs 2.75-3.25 lakh
Platinum Member
408 Followers

Price when posted: BSE: Rs. 4185.15 NSE: Rs. 4187.20

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login