Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
14200.70
-400.85 (-2.75%)
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Maruti Suzuki plans to launch its first ever LCV in FY16

Date: 03-09-2015

Despite declining sales in the segment, Maruti Suzuki, India's biggest car maker, is planning to launch its first ever light commercial vehicle (LCV) during the ongoing financial year. The company will launch it in few states first as a pilot project before going pan India. Under passenger vehicle segment, the company is planning to reach out to 1.5 lakh villages this fiscal as compared to 1.25 lakh villages last financial year.

Maruti Suzuki India has registered a rise of 6.4% in its total car sales (Domestic + Export) for the month of August 2015 at 117864 units, as against 110,776 units in August 2014. The company’s domestic sales rose by 8.6% in August 2015 at 106,781 units, as against 98,304 units in corresponding month last year.