Maruti Suzuki Targets Double Digit Growth
Maruti Suzuki is planning a slew of releases in the near future which should help them reach their targeted growth. They will enter new segments like compact diesel hatchback, mini SUV, premium hatchback and compact SUV. They are also looking to increase the number of products with an automatic transmission variant. Last year, Maruti recorded a 11% growth by selling 1.17 million vehicles. This year they expect a double digit growth whereas the Society of Indian Automobile Manufacturers forecasts a growth between 6-8%.
Currently, Maruti have the AMT offered for the Alto K10 and Celerio and an automatic transmission for the Swift Dzire and Ciaz. This range will expand as automatic variants are being planned for the Wagon R and the Ertiga which is expected to undergo a facelift soon. Future Maruti models are also expected to get an automatic variant. These include the SX4 S-Cross, the YRA premium hatchback and the YBA sub four metre crossover. The high end Celerio variant (ZXi) will also get the AMT.
Maruti is also introducing a stop-start system to increase fuel efficiency of all their vehicles. The Wagon R will be the first to get this technology called ‘Idling Stop’ by Maruti. The Idling Stop technology will come with a feature called Eco Cool where cool ait will continue to flow through the cabin even when the engine is switched off. With this, the Wagon R is expected to return about 2 km/litre more than the current car. This new technology will also find its way into the new Ertiga and the Ciaz.
As of now, the cheapest diesel on sale by Maruti is the Ritz and Swift and all their diesel engines are sourced from Fiat. Maruti Suzuki have now developed 800cc diesel engine which will now be offered in the Celerio. The engine will be tuned for efficiency and is expected to give around 30 km/litre. This new engine will also power their light commercial vehicle which has been codenamed the Y9T. The Celerio diesel is expected to be launched in the coming weeks.
Source – Indian Auto Blogs