New Delhi, Aug 14 (DHNS): Maruti Suzuki India, on Friday, launched five of its models in CNG versions, including Alto.
The other four models are compact cars Estilo and WagonR, multi-purpose vehicle Eeco and mid-sized sedan SX4.
The CNG variants of these five models are priced between Rs 3.23 lakh and Rs 7.47 lakh (ex-showroom, Delhi)
“The development is significant on multiple counts. The company’s big ticket entry into CNG fuel segment augurs well for the environment,” Maruti Suzuki India Managing Director & CEO Shinzo Nakanishi told reporters here.
MSI launched CNG variant of Alto, at Rs 3.23 lakh.The CNG version of Estilo will cost Rs 4.05 lakh, while WagonR variant Rs 4.11 lakh. The CNG version of Eeco is priced at Rs 3.64 lakh, and SX4 variant Rs 7.47 lakh.
The move comes at a time when the company’s market share has slipped below 50 per cent this fiscal. It has undertaken many steps, including launching a 1,000-cc version of the Alto and an automatic transmission variant of its A-Star hatchback, to regain the lost market share.
Last week, Nakanishi had said with the launch of these five new CNG cars, the company expects to increase its market share to over 50 per cent again.