Maruti Suzuki launches Stingray starting Rs 4.10 lakh
The Stingray will be powered by the 998 cc K Series engine and the company says the car will deliver a fuel efficiency of 20.51 km/litre of petrol.
August 22, 2013 / 08:52 IST
Moneycontrol Bureau
India's largest passenger car maker Maruti Suzuki on Wednesday launched its new hatchback Stingray in India, which it feels will generate some excitement in the market, which has seen lacklusture demand over the last one year.The Stingray will be available in the introductory price range of Rs 4.10-4.67 lakh (ex-showroom Delhi).In the international markets, the car is sold as the WagonR Stingray, but here in India, Maruti Suzuki seems to have dropped WagonR and just gone with Stingray label.The company says, Stingray features several high-end features usually associated only with high-end cars, which include first in class projector headlamps and reflector grille. Other features include gunmetal grey coloured alloy wheels, rear spoilers and side skirts, premium black upholstery, leather wrapped steering with audio controls, multi-information display including distance to empty, driver airbag, ABS and tilt adjustable steering, among others.It will be powered by Maruti Suzuki's 998 cc K Series engine delivering 68PS of power at 6,200RPM and the company claims a fuel efficiency of 20.51 km/litre of petrol.Passenger car sales in India have been sluggish over the last one year on the back of expensive loans and rising fuel prices. According to Society of Indian Automobiles data, car sales in July fell 7 percent, the ninth straight month of decline.So far this financial year (April-July), Maruti Suzuki's total sales have slipped 8 percent to 3.50 lakh units. Domestic sales fell 4 percent to Rs 3.20 lakh units.Maruti Suzuki shares were up about 1 percent at Rs 1,310 on NSE in afternoon trade.Also Read: Nissan unveils SUV Terrano, to be priced sub-Rs 10 lakh Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
