Maruti Suzuki to launch R3 Concept Based Small MPV In January 2012
Maruti Suzuki to launch R3 Concept Based Small MPV In January 2012

Maruti Suzuki India tried to gain a foothold in the Multi-Utility Vehicle (MUV) space which has so far been the preserve of Mahindra and  Toyota Kirloskar in India.

According to ndtv to  grab a bigger slice of the MUV segment, Maruti Suzuki is planning to roll out a multi utility vehicle at the start of 2012.

The car will be based on the R3 concept that Maruti is developing in India (read more).

Acoording to reported,the 3 row to seat MUV  is likely to be launched in the Rs. 7-9 lakh price bracket targeted squarely at the Toyota Innova and Mahindra Xylo.(suzuki’s fan source told us that the car will start around at 5.5 lakh)

“There’s a lot more competition now as compared to 5 years earlier. They are getting into MUV’s, which is a clear sign of expanding the product lineup,” Rakesh Batra, auto partner at Ernst and Young said.

And here comes the bigger scoop. This model is also being considered by Volkswagen for its Indian portfolio and a Skoda badged variant is likely on the same platform which could be contract manufactured by Maruti. This could open up a new volumes stream for Maruti.

Sources have told NDTV that the product will enter prototype testing within 2-3 months following which the working models will also be shown to VW.

VW is keen on tapping Maruti’s mass volume and low cost expertise to access market price points it currently cannot. So expect the MUV to be just the first of many future models that are shared by the two in India and possibly for exports to emerging markets.

The same car also set to enter Indonesia around Q3 of 2012  and set to be Suzuki respone to highest selling  Toyota Avanza and Daihutsu Xenia.

Admin source from ndtv

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