Maruti Suzuki India Ltd.

Maruti Suzuki is planning to launch a new compact multi-utility vehicle (MUV) that would help it to log volumes in the fiercely competitive compact car space. This all-new compact MUV, code-named YJC, is being conceived especially for India, and will be placed under the flagship Ertiga. Maruti is trying to create a new niche segment that will bridge the gap between hatchbacks and crossover vehicles in terms of size and seating capacity..

Currently, under development stage, YJC would be sold in India and may be shipped to South East Asia, just like the Ertiga. The company has floated proposals to its vendors and suppliers for designing and sourcing components of the car. Maruti Suzuki, which is likely to introduce the car in the festive season of 2016, is targeting around 80,000 units in the first year.

The country’s largest car-maker Maruti Suzuki India (MSI) reported a 1.06 percent decline in total sales in October at 1,03,973 units as against 1,05,087 units in the same month last year. The company’s domestic sales rose by 1.05 percent during the month to 97,069 units as against 96,062 units in October, 2013.