Maruti Suzuki aims to regain a 50 percent market share by introducing new products including ICE & CNG models, hybrids, and EVs across a wide price range.
Plans to launch two new affordable Maruti SUV/MPVs - Maruti Escudo (5-seater SUV) and a subcompact MPV (based on Suzuki Spacia) between 2025 and 2026.
Maruti Escudo will be positioned as a slightly affordable alternative to Grand Vitara, likely sharing powertrains and elements with the larger SUV.
The upcoming Maruti Mini MPV is set to feature a 1.2L petrol engine sourced from Swift with manual and CVT gearbox options, targeting the compact MPV segment.