Maruti Suzuki India Ltd.
BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
13580.00
-208.60 (-1.51%) Maruti Suzuki eyes to sell 3 lakh automatic cars annually by 2020
Date: 29-05-2017Country’s largest car maker Maruti Suzuki India (MSI) is targeting to sell 3 lakh units of vehicles equipped with different automatic transmission technologies by 2020. The company currently sells around 94,000 units per annum of vehicles with AGS (automated gear shift), AT (automatic) and CVT (continuously variable transmission).
It is counting on the more affordable AGS technology to drive sales growth of cars with automatic transmission. The company currently offers AGS technology in Alto K10, Wagon R, Celerio, Ignis and Dzire. CVT comes in Baleno, while AT transmission comes in Ciaz and Ertiga.