BY | August 12, 2013

Hyundai Grand i10 will face challenge from a new Maruti Suzuki car as the Japanese carmaker’s Indian subsidiary will not let Grand i10 go unchallenged

After remaining dormant for several months now, Maruti Suzuki, the unbeaten leader of the compact car segment in the India is ready to strike back with a vengeance by launching a brand new set of wheels that would be giving a tough fight to yet to be launched Grand i10 from the house of Hyundai.

The move that is being seen as the remedial measures by Maruti Suzuki India (MSI) to defend its market share that was under the threat of a take over from rival automobile manufacturers, the company would be rolling out an undisclosed new model along with the upcoming WagonR Stingray.

Though the company officials have refrained from making any comments on the impending launch, sources have revealed that the new compact model from Maruti will be positioned between the WagonR and the Swift and will be making its debut at the Auto Expo to be organised at Greater Noida between February 6 and 12, 2014.

Meanwhile it is being anticipated that MSI would be rolling out its all new WagonR Stingray before the beginning of this festive season so that get on to their numero Uno position in the car market. The WagonR is currently carries the tag between Rs 3.57 lakh and Rs 4.48 lakh (ex-showroom Delhi) its Swift is available in the range of Rs 4.48 lakh to Rs 6.87 lakh (ex-showroom Delhi).

It may be mentioned here that in a recent study it was mentioned that the Indian car market had 6,07,469 units sold in the April-June quarter of the current fiscal year out of which MSI had a share of 40.38 per cent with 2,45,346 units.

RELATED

Flipkart, Amazon war starts in India, Future Group joins Amazon, the rising star on the Indian ecommerce scene One of the biggest brick and mortar retailer in India Future Group has announced that it was signing going to collaborate with one of India’s top ecommerce...

Mukesh Ambani's twin kids made directors in Reliance companies. It is yet to be seen when other Ambani will bring his kids too. Mumbai, Oct 11 (IANS) Reliance Industries chairman Mukesh Ambani and director Nita Ambani's twin children Isha and Akash are set to join two of the...

AVN_AMBANI_118651f

Flipkart, Snapdeal sell Rs 600-cr merchandise in a single day. Both companies prove that they are second to none. In the meantime Amazon is yet to reveal its numbers. But it may not have notched such a high sale target. Bangalore, Oct 6 (IANS) India's largest e-retailer...

Flipkart's Big Billion Day sale is no BlackFriday 2014. Instead people are saying that it is more of promise than anything substantial. Another thing that is also getting people’s attention is the fact that the company has actually failed to give the sort of discounts that...

flipkart_big_billion

New Delhi, Sep 23 (IANS) State-owned Syndicate Bank Tuesday terminated the services of its suspended chairman and managing director Sudhir Kumar Jain with immediate effect, a day after a court here extended his police custody till Tuesday "Syndicate Bank has informed the...