Jaggi

Car market leader Maruti SuzukiIndia Limited, unveiled industry’s first Life Utility Vehicle– Ertiga here today. With Ertiga, the Company formally announced its much awaited entry in the Utility Vehicle (UV) segment. Ertiga strengthens the product portfolio of the market leader and also creates an all new Life Utility segment at an attractive price point.

In recent years, MPVs have emerged as the fastest growing sub-segment among UVs, showing a growth of around 20 percent (3-year CAGR). MPVs presently account for around 10 % share of the Indian automobile industry. Ertiga is positioned as a Life Utility Vehicle.

Speaking at the launch, Mr. S. Nakanishi, Managing Director and CEO said,“Ertiga is a major step forward for Maruti Suzuki. Many urban families in India are now looking for a vehicle that offers more space and flexibility than a sedan, without being bulky, bland and…

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One response to this post.

  1. […] Maruti Suzuki unveils India’s first Life Utility Vehicle – ‘Ertiga’ (bellwort.wordpress.com) […]

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