Maruti to introduce new products in the fast-growing segmentsIn a bid to further increase their market share, Maruti Suzuki is preparing to launch new products in the fast growing segments. They are also planning to launch a three-row SUV in 2025. The three-row SUV (codenamed Y17) will be based on the Maruti Grand Vitara platform. Scheduled to launch in 2025, the three-row SUV will be priced in the range of Rs. Maruti Suzuki’s target of achieving 50 percent market share by 2025 includes capturing 33 percent of the SUV market.

Source: Punch January 02, 2024 10:11 UTC