/ Auto Major Maruti To Launch Four New Cars Next Fiscal ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 8 March 2017

Maruti Suzuki, India’s largest car maker will be launching four new products next fiscal, as reported by a national news agency on Wednesday. With an aim to increase its grip on the market, Maruti Suzuki is attempting to accelerate the introduction of new models in the market. For the last couple of years Maruti Suzuki has been introducing two new products each year.

The company had earlier announced that it will be launching 15 models by 2020. As per the plan, the company will be introducing four new models in the coming year. Maruti will be launching the all-new third generation Swift in India in the spring of 2018.

The management also mentioned that it is more important for the company to grow faster than the industry rather than targeting a 50 per cent market share. Currently the market share for Maruti Suzuki stands at 47 per cent.

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