Zigwheels Home

SUVs need of the hour for Maruti Suzuki: Nakanishi

by Team ZigWheels Image courtesy: Reuters Posted on 27 Mar 201318,749 Views4 Comments

Small cars may be the company's forte but to increase or retain market share, it will have to introduce affordable UVs and SUVs says outgoing Maruti Suzuki MD and CEO, Shinzo Nakanishi

 

Shinzo Nakanishi

 

 

At a recent media event, Maruti Suzuki’s outgoing MD and CEO, Shinzo Nakanishi, spoke about the opportunities that can be exploited by the company in the Indian market.

 

"The SUVs and multi-purpose vehicles segment has been growing very fast in India but we are not growing there. We need to have a stronger presence there. Having just the Ertiga is not enough.” said Nakanishi in an interaction to PTI.

 

The Indian automobile market is experiencing a slowdown that has impacted nearly every mass market car manufacturer. Passenger car sales have dipped between the April and February period by 4.64 per cent to 17,14,796 units as compared to 17,98,155 on a Year-on-Year basis.

 

The only segment that has experienced a growth in these tough times and a significant one at that is the Utility Vehicle segment, which has recorded a staggering 54.46 per cent growth on a Year-on-Year basis during the April to February period.

 

 

Shinzo Nakanishi

 

 

Nakanishi has not dwelved on which UVs/SUVs can be brought here but the XA Alpha showcased at the 2012 Auto Expo may well be the answer to challenges from Renault Duster and the upcoming Ford EcoSport.

 

Another issue Nakanishi pointed out was about Maruti Suzuki's efforts to increase localisation levels to further bring down the costs of its vehicles.

 

Nakanishi stated the current slowdown of the Indian automobile market is temporary and that India will become one of the largest automobile markets in the world. 

 

Also read: Mini SUVs for India?

 

Post Your Comment

Do you like this story?

Maruti K-Series engine crosses 25 lakh production milestone

by Punam Chavan

The K-Series engine powers most of Maruti...

Top 5: Car sales in July 2014

by Anand Mohan

There's a new pecking order in place as...

Three new Marutis coming in the next 12 months

by Team ZigWheels

Mid-sized sedan Ciaz, LCV and compact SUV will be...


 
SPECIAL COVERAGE

Hyundai Elite i20: Special Coverage

The premium hatchback segment is changing fast, and how? Not too long ago the VW Polo and Fiat...

Tata Zest: Special Coverage

The Zest is a new compact sedan from Tata Motors that will take on the Honda Amaze, Hyundai Xcent...

 
Help us know you better!
Take this survey

Read Next Story