According to Senior Executive Director (Marketing & Sales) Shashank Srivastava, the company is introducing 'S-CNG' option to its premium hatchback Baleno and multi-purpose vehicle XL6 with prices ranging between Rs 8.28 lakh and Rs 12.24 lakh.
While Tata Motors has been doing phenomenally well, competition has and always will be there from India’s biggest four-wheeler manufacturer, Maruti Suzuki. In the month of May, where the Tata Nexon managed to secure second place, in June it has been shifted down to fourth with the top-3 going to Maruti Suzuki.
One of Maruti Suzuki’s most popular cars, the Baleno’s latest iteration sees a number of upgrades in all departments. Let’s have a look, shall we?
Maruti Suzuki India has launched its much-awaited technologically superior premium hatchback – the New Age Baleno – in India on February 23, at a starting price of Rs 6.35 lakh (ex-showroom), available in six colours
Customers can book the new Baleno with a payment of Rs 11,000, the auto major said in a statement.
Launched in October 2015 and sold through the company’s premium retail chain NEXA, the model had crossed the 5 lakh units cumulative sales in November 2018 and touched the 10 lakh units milestone in November this year, Maruti Suzuki India Ltd (MSIL) said in a statement.
MSI has shut production from May 1 till May 16 in order to divert oxygen from industrial use for medical purposes.
The model became the best-selling premium hatchback within a year of launch and crossed the 8 lakh sales milestone in record time of 59 months, Maruti Suzuki India (MSI) said in a statement.
Maruti Suzuki said, "The Company will inspect 56,663 units of WagonR and 78,222 units of Baleno for a possible issue with the Fuel Pump. Faulty part will be replaced, free of cost."
These latest price reductions are over and above the company's existing festive season promotional discounts ranging from Rs 40,000 to Rs 1 lakh on its various models
While details about the interior are still under wraps, it is expected that the Glanza will only get aesthetically different interiors from the Baleno.
The Indian carmaker has reworked the Baleno to comply with the stricter BSVI emission norms, along with a new hybrid engine.
The maker of the Baleno compact hatchback and the Vitara Brezza compact SUV dominates the Indian market through its majority stake in Maruti Suzuki India Ltd, the country's largest automaker.
Maruti Suzuki Baleno, which was earlier sitting at the 5th spot, has gained 3 spots to become the runner-up in the top 10 selling cars of July 2017 with 19,153 units sold, this is also the highest ever sales of Baleno in a single month.
The country’s largest car maker Maruti Suzuki grew by 7 percent while Hyundai grew by 9 per cent and Tata Motors grew by a scorching 84 percent during last month.
Gujarat plant is expected to ease capacity constraints and help to drastically reduce waiting periods for products like Baleno, Brezza and Ignis.
The Delhi-based company ended the financial year with its highest-ever total sales/
The country's largest carmaker Maruti Suzuki India (MSI) will start selling mid-sized sedan Ciaz only from its premium retail chain Nexa from April 1.
The company's domestic sales stood at 1,20,735 units, up 11.7 percent from 1,08,115 units in February last year, MSI said in a statement.
Suzuki-controlled home-grown carmaker Maruti Suzuki is sprucing up its product development capabilities, aiming to become an end-to-end manufacturer and reducing dependence on its parent company.
The company currently sells three cars through its Nexa showrooms â€“ hatchback Baleno, urban compact vehicle Ignis and cross-over S-Cross.
Maruti, the country‘s top carmaker with a market share of close to 51 percent, clocked volume growth of 3.5 percent in the October-December 2016 quarter, well ahead of industry growth of 1.8 percent.
In Q3 EBITDA is seen gaining 18.8 percent at Rs 2578 crore against Rs 2169.1 crore while operating profit margin may stand at 15.5 percent versus 14.3 percent YoY.
As automobile industry came to terms with the aftereffects of demonetisation, 10 passenger car brands including the likes of Maruti Suzuki‘s Swift, Hyundai's Grand i10 and Renault's Kwid showed resilience in November and December.
At present, the two models have a waiting period ranging between 20-24 weeks depending upon the variants.