Based on Toyota Hyryder, the bookings for this model will open on the same day. It will be retailed via Maruti's Nexa dealerships. The base model is likely to cost Rs 11.5 lakh, and it will go all the way up to Rs 18.5 lakh.
The S-Cross has a package that is best suited for a buyer who wants the practicality of a SUV matched with the convenience of a small sedan or a large hatchback.
The new S-Cross can be booked with an initial payment of Rs 11,000 at any of the 280 plus Nexa showrooms, MSI said in a statement today. The model would feature 1.3 litre diesel engine (DDiS 200) with smart hybrid technology.
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 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.
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 price hike is in the range of Rs 1,500 to Rs 8,014 (ex-showroom Delhi) across models, Maruti Suzuki India (MSI) said in a statement.
At Rs 11.99 lakh (ex-showroom, Delhi) the seven-seater, five door, premium sports utility vehicle, Hexa is the most expensive in the Tata line up. It has launched with six variants, the top-end model being priced at Rs 17.49 lakh. The Manza, on the other hand, is priced at around Rs 6 lakh.
The failure to crack the premium segment once earlier notwithstanding, Tata Motors is set to launch yet another deluxe model in a desperate effort to break the jinx.
Maruti Suzuki disappointed analysts with its October sales as it sold 1.33 lakh units during the month, down 0.3 percent compared with 1.34 lakh units sold in year-ago period. It was worst on month-on-month basis as sales fell 10.3 percent.
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.
The increase in price for the newly launched compact SUV Vitara Brezza will be Rs 20,000 while that of new premium hatchback Baleno is Rs 10,000.
Country's largest carmaker Maruti Suzuki India (MSIL) said it is ramping up production of premium hatchback Baleno to meet the current demand and reduce waiting period
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.
The country's number one carmaker Maruti Suzuki is eying 2 million unit sales target by 2020. As it gears up for the battle, Maruti is hoping that its attempt to break out of its traditional low cost offerings will fare better than its past failed experiments.
Eicher Motors maintained its strong sales growth. It has registered a 63 percent year-on-year growth in Royal Enfield sales at 49,156 units, majorly led by models with engine capacity upto 350cc.
In an interview with CNBC-TV18, Ramesh Suri of Subros said that the passenger vehicle market is gaining traction while the company‘s biggest client Maruti has seen a good respose to Baleno and S-Cross.
As per the latest price list on the company's website, the slashing of price is also applicable on the 1.3 litre variant. The cut in the price of 1.6 litre variant is Rs 2,05,000 for all the three trims, while that of 1.3 litre variant ranges from Rs 40,000 to Rs 66,000.
Maruti Suzuki India has cut the price of its premium crossover S-Cross by over Rs 2 lakh after failing to gain traction in the market.
Maruti sold 40,000 units of S-Cross and Baleno through NEXA showrooms since launching the concept in last July. There were 95 NEXA showrooms at the last count and the company plans to open 100 more in the next 12 months, it added
Utility vehicle maker Mahindra and Mahindra disappointed street on Friday with reporting a 4 percent growth in auto sales in December against 11.3 percent growth expected by Nomura. It was due to muted growth in domestic sales while exports showed excellent growth.
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.
Company's domestic sales increased by 24.7 percent to 1.21 lakh vehicles and exports shot up 90.4 percent to 13,146 vehicles.
Currently, auto-manufacturers introduce safety features only in middle and top variants of some existing models.
RS Kalsi, Executive Director-Marketing & Sales, Maruti said the company is committed to double-digit growth in FY16.