Maruti Suzuki India, country’s largest car maker is planning to launch new hatchback by February- March 2014. The new hatchback will be priced at Rs 5 lakh and will replace Estilo and A-star. Meanwhile, the company has put the launch of Nano's competitor Cervo on hold.
Recently, the company has announced that it is planning to hike prices of its products from next month, joining the likes of Mercedes, BMW, Audi and Honda. The company will increase vehicle prices as input costs have been going up.
Maruti Suzuki registered a fall of 10.70% in its total car sales (Domestic + Export) for the month of November at 92,140 units, as against 1,03,200 units in November 2012. The company’s domestic sales declined by 5.90% in November 2013 to 85,510 units, as against 90,882 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) | |
View more.. |