Maruti Suzuki is the most popular automobile manufacturing company in India. The company is a subsidiary of Japanese automobile giant – Suzuki. The Japanese company has a 56.21% share in the Indian company. The company was started as a coalition between the Indian company Maruti Udyog and Japanese company Suzuki motors in the year 1984. Soon after Maruti withdrew all its stakes from the company leaving Suzuki as a major stockholder and ultimately the owner of the company.
As of January 2017, the automobile giant had a massive 51% market share in the Indian passenger car market. It has one of the biggest portfolios in the country, and each car is competing in each segment is a standout car. Some of the most popular Maruti Suzuki end products include Swift, Swift Dzire, Wagon R, Ertiga, Celerio, Omni, Baleno, Ignis and so on. Nearly five years ago, the company sold its 10 millionth vehicle in India.
Maruti Suzuki cars in India are not only the most popular cars but one of the oldest cars in the country. Models such as Omni and Gypsy King belong to the 80s and are still fending off the competition on the street whereas Wagon R launched in 1999 is India’s best-selling car for some time now. Regardless of the success of the earlier models, it is the newer crop of Maruti Suzuki cars in India that strengthen the hold of the company in India. New Maruti Suzuki car models started with the rollout of hatchback Swift in 2005 which went on to become an instant success; 12 years down the lane, the sales still aren’t showing any signs of slowing down. Swift Dzire – Sedan and Eeco – Minivan entered the market in 2008 and 2009 respectively. Celerio, Ciaz and Baleno are among the new Maruti Suzuki car models which have been introduced under less than 5 years ago.
According to the recent reports, Maruti Suzuki was the most profitable brand in the Indian market and its stock prices are rising at a rapid pace. The recent models of the Maruti Suzuki Dzire were being reported of having faulty wheel hub, to which the company recalled all the cars and assured its customers for a better and revised car soon.
Competitive low pricing and efficient models are the key ingredients to Maruti Suzuki’s success in the Indian market. The price of the Maruti Suzuki cars starts from INR 2.62 Lakh (Ex-showroom price with GST included) this price can get you a Maruti Suzuki Alto 800. These cars have a good resale value, and you might even find some affordable used cars if you want to buy one.
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