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Maruti Suzuki achieves five lakh cumulative CNG vehicle sales

Posted On: 2018-12-10 12:25:53

Maruti Suzuki has achieved the milestone of five lakh CNG vehicles sales in India, cumulatively.

The Company presently offers CNG option in seven of its models, which include Alto 800, Alto K10, WagonR, Celerio, Dzire, Eeco and Super Carry. WagonR is the highest selling CNG model in the Maruti Suzuki CNG portfolio. CNG vehicle sales constituted around 15% of the total sales of the CNG range between Apr-Nov 2018.

Maruti Suzuki introduced its first fleet of factory-fitted CNG vehicles with i-GPI technology in 2010.

Mr. Kenichi Ayukawa, Managing Director & CEO, Maruti Suzuki, said, "We are happy that over 5 lakh customers have selected factory-fitted CNG vehicles that are cleaner, reliable, safer and environment friendly. The benefit of low cost of ownership comes along with environment friendly fuel option of CNG. The government's resolve to rapidly expand countrywide CNG will enable many more customers to own an environment friendly transport."

Maruti Suzuki's range of factory-fitted CNG vehicles are popular in Delhi NCR and across select cities in states of Gujarat, Maharashtra, Andhra Pradesh, Telangana, Orissa, UP and Punjab. In 2018-19, Maruti Suzuki expanded its CNG vehicle availability to 26 new cities to reach over 150 cities across the country.

Factory-fitted CNG vehicles are safer and come with Maruti Suzuki standard warranty benefits and convenience of Maruti Suzuki service network across India.

Shares of MARUTI SUZUKI INDIA LTD. was last trading in BSE at Rs.7314.1 as compared to the previous close of Rs. 7209.7. The total number of shares traded during the day was 43509 in over 5567 trades.

The stock hit an intraday high of Rs. 7345.8 and intraday low of 7209.7. The net turnover during the day was Rs. 317124723.


Source: Equity Bulls

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