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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