Maruti Suzuki to revamp its Alto hatchback
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Alto’s share dropped nearly to 40% -48% with the launch of
As per the sources, the company has started working on the project which internally is being called Y1K. The
As the car will be engineered and made in India, it will be tailored as per the Indian market need.
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The new-generation Alto will be engineered and designed based on a new platform so as to meet new regulations. "The hardware and technology will come from Suzuki, the putting together of hardware - that is design, engineering and validation will be all done by the Indian team with local inputs” a second person told ET. A Maruti spokesperson said as a policy, the company does not comment on future product plans.
Maruti has lost share in the entry A car space, but has been expanding the share B segment, priced between Rs 5 lakh and Rs 12 lakh and led by the new Baleno, Ciaz and Brezza.
Maruti is most likely to revamp its WagonR hatchback and Celrio tool in the next three years as part of its plan to launch 15 new products by 2020.
(image: Indiatimes)
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