Maruti Suzuki to launch new small car at Rs 2.75-3.25 lakh(we expect to be Suzuki Cervo)
yesterday, the CEO Marketing at Maruti Suzuki Limited, Mayan Pareek told the folks at CNBC TV18 that Maruti Suzuki will go ahead and launch yet another small car in the extremely crowded small car segment. The car which will be launched will feature the 67 Bhp, 1 liter K-Series engine, which is currently doing duty in the Maruti Suzuki A-Star. The new car, which has been unnamed for obvious reasons will debut in July-August 2010 and will carry a price tag of INR 2.75 to INR 3.25 Lakh.
relatively spacious car in the 1 Liter engine segment to rival the Spark and the Santro Xing, the Suzuki Cervo it could be, which sees a launch in July-August. Watch this space.
Maruti had in the month of May clocked a sale of 1.02 lakh units compared to 79,872 units in the year-ago period. Earlier in the month of April, it had sold 93,078 units.
In an interview to CNBC-TV18, the company’s CEO Marketing , Mayan Pareek had said that the top 10 cities were seeing a 25% industry growth. He had said that in the A2 segment Alto had the highest sale in May followed by Swift.
Via suzuki fan
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