Monday, 5 June 2017

Maruti Suzuki to come with New SUVs in next 3 years


We know that Maruti Suzuki leads the compact SUV in the country and now the homegrown car manufacturer is working on a slew of SUVs to be launched in the next three years. Maruti Suzuki is reportedly working on a large SUV that will be positioned above the Vitara Brezza compact SUV to take on the likes of the Mahindra XUV500 and Tata Hexa. The new SUV is being developed on Suzuki’s Fifth Generation C Platform and is expected to enter the production line in 2020.

On asking whether a small SUV would be positioned below the Vitara Brezza, Managing Director, Mr Kenichi Ayukawa said, “There are some opportunities developing in that kind of segments.”

“We have to study that well,” he said. “We have not taken a final decision yet.”


Maruti Suzuki is making a move to fill in the voids in its product portfolio and it is a continuation of the strategy to retain within its fold the existing buyer base when they choose for upgrades, said Puneet Gupta, associate director at automotive advisory firm IHS-Markit. Speaking to ET, some people said that Maruti’s plan is to offer products across the value chain. Part of it is an SUV-styled hatchback, codenamed Y1K, that might make its entry in 2019 to compete with the lieks of Renault Kwid. The company is also studying a separate architecture that could spawn out a small SUV and a hatchback.
“Suzuki is betting big on the Indian subsidiary, which drives both sales and profit,” a senior industry executive who did not wish to be named said.

“Maruti Suzuki, in turn, is looking at growing annual sales to 2 million units by 2020. They are not leaving any stone unturned in addressing the requirements of Indian customers.”

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