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A large section of customers still prefer hatchbacks despite sales growth of SUVs and Maruti Suzuki India feels the need to keep the small car segment 'energised' with new products, company MD & CEO Hisashi Takeuchi said on Thursday. The company, which on Thursday launched the all-new version of its small car Alto K10 with a price range of Rs 3.99- 5.83 lakh (ex-showroom), will continue to focus on all segments, including the entry-segment, even as it brings more technology and feature-packed products. "India is a vast country with a diverse demography. Just like cuisine and culture, customer requirements and preferences also change from place to place... While SUVs have definitely gained popularity in recent times, a large section of customers still prefer hatchbacks," Takeuchi said. He further said in last fiscal year, the Indian passenger vehicle industry sold over 11.5 lakh hatchbacks. "Out of that we have over 68 per cent market share. As a market leader, we need to keep the
Maruti Suzuki India (MSI) on Monday said it has launched BS VI compliant CNG version of its hatchback Alto with price starting at Rs 4.32 lakh (ex showroom, Delhi). The Alto S-CNG offers a mileage of 31.59 km/kg, MSI said in a statement. "With the introduction of Alto BS6 S-CNG, we reinforce our efforts towards sustainable green mobility," MSI Executive Director (Marketing & Sales) Shashank Srivastava said. The launch of company's S-CNG vehicle range is aligned to government's vision of reducing oil import and enhancing the share of natural gas in the energy basket of the country from 6.2 per cent now to 15 per cent by 2030, MSI said. The auto major has already sold over 1 lakh BSVI Alto units in the country, it added.
Maruti Suzuki India (MSI) on Tuesday said its popular entry level small car Alto has crossed 38 lakh sales milestone. Launched in 2000, Alto crossed the 10 lakh sales mark in 2008 and in 2012 it reached the 20 lakh milestone. In 2016, the model crossed 30 lakh sales, the company said in a statement. It has been India's best-selling car for 15 consecutive years, Maruti Suzuki added. "Alto has been the preferred choice for entry car buyers due to several factors like its compact design, easy maneuverability, high fuel efficiency, updated safety features etc, while maintaining the affordability," MSI Executive Director (Marketing & Sales) Shashank Srivastava said. This year the company introduced BS6 compliant version of the Alto with a fuel efficiency of 22.05 km/litre, adding safety features such as air bags, anti-lock braking system (ABS) and electronic brake force distribution system (EBD), reverse parking sensor, speed alert system and seat belt reminder for both driver and ...