Maruti Suzuki hints at some action in the mid-SUV segment to boost market share
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Last Updated: Jun 06, 2021, 01:54 PM IST
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Currently, the mid-SUV segment is dominated by the likes of Hyundai Creta and Kia Seltos in the country.
Reuters In the mid-SUV, our market share is actually quite low, even though Vitara Brezza is leading in the entry-SUV segment, MSI Executive Director Shashank Srivastava said.
The country s largest carmaker
Maruti Suzuki India (MSI) is looking at some action in the mid-SUV segment for strengthening its market share in the vertical, in order to sustain the firm s current 50 per cent levels in the overall domestic PV sales going ahead, according to a senior company official. Currently, the mid-SUV segment is dominated by the likes of Hyundai Creta and Kia Seltos in the country.
Maruti Suzuki s production falls 7% in April due to 2nd COVID-19 wave
There was no production in April 2020 due to COVID -19 related lockdown. A comparison between April 2021 production volume and that of April 2020 doesn t have any meaning, Maruti Suzuki said in a filing
PTI | May 6, 2021 | Updated 08:00 IST
The country s largest carmaker Maruti Suzuki India (MSI) on Wednesday said its total production in April 2021 stood at 1,59,955 units, down 7 per cent from March this year.
The company had produced a total of 1,72,433 units in the year-ago period, Maruti Suzuki India (MSI) said in a regulatory filing.
Production of mini cars comprising Alto and S-Presso models stood at 29,056 units last month as against 28,519 units in March.
Sales of mini cars, comprising Alto and S-Presso, increased by 2 per cent to 25,041 units in April as against 24,653 units in March. Sales of compact segment vehicles, including Swift, Celerio, Ignis, Baleno and Dzire, declined by 12 per cent to 72,318 units from 82,201 cars in March this year.
The weighted average price increase in ex-showroom prices (Delhi) across models is 1.6 per cent, the carmaker said. The new prices are effective from Friday, MSI said.
What makes 2020 unique is that the 50% share was possible despite the company having a presence only in 80% of the market, after its exit from diesel-powered cars early in the year. The diesel segment had accounted for almost half a million cars, or about 30%, of Marutis annual volume not too long ago.