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Maruti Suzuki India on Monday introduced the all-new version of its compact sedan Dzire and said the automaker would continue to cater to all customer segments in order to preserve its high market share in the domestic market. The automaker introduced the new Dzire priced between Rs 6.79 lakh and Rs 10.14 lakh (ex-showroom Delhi). While the SUV segment has been growing, other segments are also important to the company in order to maintain high market share, Maruti Suzuki India (MSI) MD and CEO Hisashi Takeuchi told reporters here. He said Dzire has been a global success for the automaker with around 30 lakh units sold so far across markets. Takeuchi noted that the company has invested around Rs 1,000 crore on the development of the model. MSI Senior Executive Officer (Marketing and Sales) Partho Banerjee said the company's endeavour is to serve all customer segments. MSI currently has over 40 per cent market share (wholesales) in the overall domestic passenger vehicle segment. I
Maruti Suzuki India is targeting markets like UAE, Saudi Arabia, Chile, Mexico and other Latin American countries with its upcoming new version of compact sedan Dzire to accelerate exports as it eyes over 3 lakh units of overseas shipments this fiscal, a senior company official said on Wednesday. In the domestic market, the company hopes to enhance its share in the sedan market amid the passenger vehicles market shifting towards SUVs (Sports Utility Vehicles), with the new Dzire which is slated for launch next week. "We have been growing (exports) at a rate of about 11.9 per cent in the first seven months of the financial year and we hope to continue on that momentum. So we hope to do more than about 3 lakh car exports within this financial year," Maruti Suzuki India Executive Director Corporate Affairs Rahul Bharti told PTI here. In contrast, just about four years ago, the company's exports were below one lakh per year, he added. "So, now we'll be doing about three times of that,
Maruti Suzuki India (MSI) on Friday said it has launched a new entry-level commercial hatchback Tour H1 with price starting at Rs 4.8 lakh (ex-showroom Delhi). The CNG trim of the model, which is based on the latest generation of Alto K10, is tagged at Rs 5.7 lakh. The model comes equipped with 1-litre petrol engine. "The all-new Tour H1 carries on the legacy and trust built by the Alto K10 for the commercial segment," MSI Senior Executive Officer (Marketing and Sales) Shashank Srivastava said in a regulatory filing. The model comes with next-gen K 10C engine with a host of comfort, convenience, and safety features, he added. Available in both petrol and factory-fitted S-CNG options, Tour H1 offers a fuel-efficiency rating of 24.60 kilometre per litre for the petrol-fuelled version, and 34.46 kilometre per kilogramme for the S-CNG variant, MSI said.