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The Ciaz is powered by a 1.5-litre petrol engine and is equipped with Suzuki’s ’Smart Hybrid’ technology that enhances fuel-efficiency. It is currently available at a price range of Rs 8.72 lakh to Rs 11.71 lakh (ex-showroom Delhi).
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"The company will inspect 63,493 vehicles of petrol SHVS of Ciaz, Ertiga and XL6 for a possible issue with the Motor Generator Unit (MGU)," MSI said in a statement.
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Developed in house, the 1.5-litre engine comes mated with six-speed transmission and offers improved performance. MSI has been utilising Fiat-sourced 1.3-litre diesel powertrains with varied power outputs across its current model range.
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Maruti Suzuki is expected to introduce the engine by 2020
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The model currently accounts for 28.8 percent market share in the premium sedan segment, MSI said in a statement.
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The drop in sales of Ciaz mainly due to higher taxes on hybrid cars, said RC Bhargava, Chairman, Maruti Suzuki.
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The diesel smart hybrid trim of the 'Ciaz S' version, which comes with all new premium black interiors with grey chrome finishing, is priced at Rs 11.55 lakh.
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The government has withdrawn incentives given to mild hybrid vehicles under FAME India scheme, impacting the country's largest carmaker Maruti Suzuki India the most.
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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.
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The company has already invested around Rs 1,900 crore on the first phase of development at the R&D centre that houses various facilities, including vehicle testing and evaluation labs.
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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.
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Maruti Suzuki, the country's largest car manufacturer, beat analysts' expectations on November sales front due to strong performance in domestic business.
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Speaking to CNBC-TV18, RS Kalsi, ED - Marketing & Sales of Maruti Suzuki says that demand for both Brezza and Baleno has been more than the company‘s estimates.
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Maruti Suzuki, the country's largest passenger vehicles manufacturer, has registered a 12.2 percent growth in August sales by selling 1.32 lakh units against 1.17 lakh units in same month last year, driven largely by Vitara Brezza, Ciaz and some compact cars.
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Success of Baleno (a premium small car), Ciaz (a sedan) and Vitara Brezza (an urban SUV) has taken the company to leadership position in all segments except rural SUVs and significantly improved Maruti‘s long-term market share outlook.
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The company has hiked prices of Vitara Brezza by up to Rs 20,000 and Baleno by up to Rs 10,000.
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The company said domestic sales grew by 13.9 percent to 1.25 lakh units, supported by Ciaz, Baleno, Eeco and utility vehicles.
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Maruti Suzuki India today said its
mid-sized sedan, Ciaz, has crossed the one lakh cumulative
sales mark in the domestic market in June, nearly two years
after its launch.
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"The growth in quarterly sales is despite the disruption in production during June 2016, due to the unfortunate incident of fire at Subros, a key vendor of the company," says Maruti in its filing.
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A number of things, a richer product mix, lucrative new launches and normalisation of factory operations are some of the factors that are said to have put Maruti Suzuki back on the map.
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Maruti sold 3.6 lakh units in Q4, a growth of 4 percent compared to 3.46 lakh units sold in year-ago period. Volume was hit due to production loss of 10,000 units in February on account of Jat reservation agitation in Haryana. Company temporarily suspended production due to disruption of component supplies.
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Mahindra & Mahindra's sales volume climbed 21 percent to 41,590 vehicles in November compared to 34,292 vehicles in same month last year, which was lower than analysts' estimates.
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Factors like low interest rates and cheaper fuel prices have led to a positive sentiment in the market. MSI's focus on launching new products, model refreshes and limited editions of various models have also led to an enhanced interest among the customers.
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Revenue is seen rising 13.6 percent to Rs 13,984 crore compared to Rs 12,303.8 crore due to healthy volume growth. Car sales in September quarter increased by 9.8 percent year-on-year and 4 percent quarter-on-quarter to 3.53 lakh units, driven by new launches SCross, Ciaz and Alto ATM.
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The Ciaz RS variant will be available in both petrol and smart hybrid diesel options. While the petrol variant is priced at Rs 9.2 lakh, the smart hybrid diesel option is tagged at Rs 10.28 lakh (prices ex-showroom Delhi)
