Maruti Suzuki is planning to launch CNG variants of its cars in India. “Alternative fuel technology is the future. We will be looking at CNG variants of our vehicles,” said MM Singh, managing executive officer (production), Maruti Suzuki India Ltd, on the sidelines of the CII 7th Manufacturing Summit 2008.
Rising fuel costs have forced every car maker to launch alternative fuel option cars in the market. There has been a surge in demand for such model in markets like India which are extremely price sensitive. “With prices of oil and other commodities rising, the chances of them reverting to their lower prices are improbable. Small cars are the future. Here’s an opportunity for Suzuki Motor Corporation to leverage its expertise in manufacturing smaller cars economically,” said RC Bhargava, Chairman of Maruti Suzuki, addressing the shareholders at company’s 27th AGM.
Maruti is also ready to launch its next generation model – Maruti A Star in mid-November. It will launch in India subsequently followed by a launch in European market. The new A-Star is Euro V complaint and will be powered by the next gen K series engine. It will enable Suzuki to re-enter the European market with a new vigour.
No comments:
Post a Comment