SUV - Business Outrank

Maruti Suzuki India on Wednesday launched an all-new model Victoris to expand its product range in the country. The company wants to increase its presence in the fast-growing mid-size SUV segment, so the company has launched a new model. Maruti Suzuki India Managing Director and Chief Executive Officer Hisasachi Takeuchi said at the launch ceremony of Victoris that India has the largest youth population in the world, which will further accelerate growth and become the current and future customers of the company. He also said that the Indian automobile industry is changing as a new group of customers is entering the market and this new group is the young generation and represents the new India. So we thought why not make a product that will help raise the standard in the SUV segment. Takeuchi also said that the contribution of SUVs in the total sales of the company is continuously increasing. He said that the contribution of our SUVs to total sales has increased almost three times, from 8.9% in FY 2020-2021 to about 28% in FY 2024-2025. Hisasachi Takeuchi said that the auto maker started by establishing a strong base in the entry SUV segment with models like Brezza and Francox and these vehicles have won the hearts of the customers and have helped the company a lot to gain a leading position in the entry SUV segment. On the occasion of the new SUV, Takeuchi said that this model comes with several powertrain options including strong hybrid and CNG. He said that Victoris is our first car to have Level 2 Advanced Driver Assistant System (ADAS). This new model includes automatic emergency braking, blind spot warning, lane departure prevention and many other features. This model will be sold from the company's Arena sales network and this car will compete with cars like Hyundai Creta, Kia Seltos and Honda Elevate. So far Maruti Suzuki has not disclosed the price of this new model but has said that the company has invested about Rs 1,240 crore in the development of Victoris. Hisashi Takeuchi also said that the SUV will be exported to about 100 markets worldwide.

What's Hot

Vodafone AGR Dues Case: Centre Seeks Supreme Court Solution

Singapore Police Review Vedanta Dividend Allegations Amid Viceroy Complaint

Common Reasons Why Term Insurance Claims Get Rejected

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: SUV

Maruti Suzuki Company expanded the SUV lineup with a new mid-size model Victoris.

Demand for Mahindra’s SUVs decreased, For the first time in 3 years.

Vodafone AGR Dues Case: Centre Seeks Supreme Court Solution

Singapore Police Review Vedanta Dividend Allegations Amid Viceroy Complaint

Common Reasons Why Term Insurance Claims Get Rejected

Nayara Fuel Supply Approved Despite Dollar Trade Restrictions

Our Picks

Vodafone AGR Dues Case: Centre Seeks Supreme Court Solution

Singapore Police Review Vedanta Dividend Allegations Amid Viceroy Complaint

Common Reasons Why Term Insurance Claims Get Rejected

Most Popular

Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

Taylor Swift’s Surprise Reunion with Taylor Lautner: ‘I Can See You’ Music Video Launch

Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

Subscribe to Updates

What's Hot

Browsing: SUV