Maruti Suzuki India Ltd.

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Large Cap | Automobiles - Passenger Cars
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Maruti Suzuki to enter multi-purpose vehicle segment through Ertiga

Date: 23-03-2012

Maruti Suzuki India, with the help of its upcoming model -- Ertiga -- is planning to enter into the multi-purpose vehicle (MPV) segment as it looks to complete its portfolio of passenger vehicles. Ertiga will witness its global launch next month in India that has seen an investment of about Rs 400 crore by the company as development cost.

Ertiga will have a complete range of passenger vehicles and it will be available in both petrol and diesel variants. While the petrol variant is powered by a 1.4 litre engine, the diesel will have a 1.3 litre power-train. The company claims that the petrol variant delivers a fuel economy of 16.02 kmpl and the diesel one gives 20.77 kmpl.

In the second half of the year, sales are expected to pick up, especially around the festive season. Overall the industry should grow between 5-10 percent and the company is expecting to do better than that.

Maruti Suzuki has so far witnessed its total sales falling by 12.29 percent during the current fiscal at 10,07,743, compared to 11,49,053 units in the April-February period of 2010-11.