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|6th March 2007, 16:50||#1|
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Maruti to launch 8 new models by 2010
Source : Maruti to launch 8 new models by 2010
Maruti will introduce zippier cars, which will replace some existing sedans such as the Baleno, say vendors who have been asked to supply parts for the new models.
The models for which they have been asked to supply parts include three-box versions of the Swift and SX4, which sell as hatchbacks in Europe and Japan. These models will replace the Baleno this year, said some vendors. They said they have already stopped making parts for the Baleno, and the company may be debating whether to scrap the popular Esteem model.
The entry of Swift and SX4 sedans mark a bid by Maruti to increase its marketshare in the mid-sized car segment, where it lags behind rivals such as Honda Siel Cars India, Ford India and Tata Motors.
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