Business Daily from THE HINDU group of publications
Monday, November 23, 2009
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

Update at 1150 hrs (IST)


Corporate
Maruti Suzuki to launch van to replace Versa

NEW DELHI: Maruti Suzuki India (MSI) on Monday said it would launch a new van within this fiscal to replace its MPV Versa, whose production has been stopped.

“We will be launching a new van by the end of this fiscal. This vehicle will replace the Versa, whose production has already been stopped,” Maruti Suzuki India Managing Executive Officer (Engineering), Mr I.V. Rao, told presspersons on the sidelines of t he Fourth Environmentally Friendly Vehicle Conference here.

He, however, did not give the price point of the soon-to-be launched vehicle. MSI is also looking to produce one million vehicles by the end of this fiscal.

“Hopefully, we will have one million units in production by the end of this financial year by utilising our full capacity,” Mr Rao said. He added the company is working on making all its models Bharat Stage-IV compliant as required under the government norms.

“We have not completed BS-IV compliance norms on all our models but we are working towards that direction,” Mr Rao said.

The company is also working on hybrid and electric vehicles for demo cars, but Mr Rao said it had no plans for a full-fledged launch of vehicles with such alternative fuel technologies. – PTI

Prev: Concurrent (India) submits bid for AP power project
Next: New CFO for Autoline Industries


Business Line | NUS Index |



Related Topics
Alliances & Joint Ventures
Announcements
Auditing
Awards & Honours
Bonus Announcements
Company Law
Corporate Bonds
Corporate Disputes
Corporate Governance
Courts/Legal Issues
Diversification
Environment
Human Resources
Interview
IPOs
IPR
Management
Mergers & Acquisitions
New Projects
Open Offers
Outlook
Outsourcing
Overseas Borrowings
Overseas Investments
People
Performance
Preferential Allotments
Private Placement
Regulatory Bodies & Rulings
Research & Development
Restructuring
Rights Issue
Sick Units
Society & Development
Standards & Benchmarks
Taxation
Trade & Labour Unions



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright copy; 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line