Maruti Suzuki India, country’s largest car maker, is reportedly planning to start its light commercial vehicles (LCV) project on a limited scale. The company wants to launch a one-tonne LCV, which is in the same segment as Tata Ace and Mahindra Gio and Ashok Leyland's Dost, by next year. Besides, the company is in a process to set up a separate sales and distribution network for LCV because the company find difficult to sell LCVs and cars from the same outlets.
Maruti Suzuki is one of the most popular and favourite cars manufacturer in India. Recently, the company had registered jump of 26.90% in its total car sales (Domestic + Export) for the month of August 2014 at 110776 units, as against 87323 units in August 2013. The company’s domestic sales also rose by 29.30% in August 2014 at 98304 units, as against 76018 units in corresponding month last year.
Company Name | CMP |
---|---|
Maruti Suzuki | 12473.85 |
Mahindra & Mahindra | 2522.20 |
Mercury Metals | 71.45 |
Hindustan Motors | 38.58 |
Suzuki (India) | |
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