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