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Home > Business > PTI > Report

Maruti launches Grand Vitara XL-7

April 16, 2003 16:42 IST

Maruti Udyog Ltd on Wednesday launched the popular sports-utility-vehicle Grand Vitara XL-7 and said its passenger vehicle sales would increase considerably this fiscal.

The vehicle has been priced at Rs 15.96 lakhs (Rs 1.6 million) for the standard version and Rs 16.77 lakhs (both prices ex-showroom Delhi) for the limited edition variant, Maruti managing director Jagdish Khattar said.

He said the Grand Vitara XL-7 would be imported as a completely-built-unit from its parent Suzuki Motor Corporation of Japan in limited numbers.

"This year (2003-04), should be very much better than last year. Our focus is on improving our overall marketshare," Khattar said but declined to disclose any sales targets for this fiscal.

Maruti, the country's largest carmaker remained flat at 275,000 units during 2002-03. As against this, the domestic car industry grew by 6.4 per cent to 541,000 units.

Overall, the company's domestic passenger vehicle sales fell by 2.5 per cent to 327,000 units.



© Copyright 2003 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.


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Number of User Comments: 5




Sub: Maruti over the hill

Its high time that Maruti Udyog seriously thought about its prices of small segment cars. A cramped zen or an Alto is priced close to ...


Posted by Prakash





Sub: what!!!!

this car is way too overpriced; for a crappy SUV I think only morons, like those in India, will pay $35,000 plus... its time that ...


Posted by Saurabh Shukla





Sub: What a ripoff!!

Poor Indians being made to pay US $35,000/- (16,00,000) for a vehicle which is hard to sell in the US market! They could buy a ...


Posted by Rohit





Sub: Ridiculous price

The same vehicle in US costs $14000 off the door (including taxes, registration in Colorado state) which is 6.65 lakhs considering 47.5 as the conversion ...


Posted by Praveen Gopinath





Sub: Maruti is ripping indian consumers

Maruthi announced price for their japanees imported SUV Suzuki Grand Vitara XL-7 Rs 15.96 lakhs for standard and Rs 16.77 for limited edition. The same ...


Posted by Srini




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