Key Points
Maruti Suzuki expects its market to grow faster by riding on the back of strong demand for its models, especially the SUV range, according to a senior company executive...
The PV industry is expected to close the current fiscal at 40.5-41.3 lakh units, Maruti Suzuki India (MSI) Senior Executive Officer (Marketing and Sales) Shashank Srivastava said...
Srivastava said that the demand remains fairly robust so far in the fiscal with the April-June period turning out to be the best quarter ever for the industry...
When asked about the company's preparation for the upcoming festive season, he noted that with the semiconductor shortage subsiding, the automaker aims to enhance production and bring down the waiting period on models like Ertiga, Brezza and XL6 significantly...
"In the second quarter, we are expecting the semiconductor shortage to be comparatively less and therefore, we will be able to produce these models and hopefully we would be able to bring down the waiting period for customers," Srivastava said.. "It is going to be significant as we have said that by 2030 the rough break up will be 15 per cent electric, 25 per cent hybrid and 60 per cent CNG, biogas, ethanol, blended gasoline etc," he said...
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