Maruti Suzuki India Ltd.

Maruti Suzuki India is reportedly planning to launch a mini truck in 2015, slotting it against India’s best selling mini truck Tata Ace. The company planning to fix the price for one tonne four-wheeled vehicle is Rs 400,000 for the diesel variant and between Rs 450,000-500,000 for the CNG variant. The price would put it directly against the Tata Ace, which is priced at Rs 366,156 (Ace HT variant, BS-IV, ex-showroom, Delhi).

The country’s largest car maker reported 9.80% fall in its production to 108,478 units in February 2014 as compared to 120,266 units in same month last year. Of total, the company manufactured a 42,705 vehicles under mini segment (including Alto, A Star, Wagon R), down by 25.10%, as against 57,020 vehicles manufactured in corresponding month previous year.