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Press Trust Of India
August 21, 2013
Looking to beat the slowdown blues, country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday launched WagonR Stingray, priced at Rs. 4,10,000 (ex-showroom Delhi). “With Stingray, we carry forward our focus to make our best sellers even more attractive,” MSI managing director and CEO Kenichi Ayukawa said..

Stingray, which is powered by a 998 cc petrol engine, is available in three variants, with price ranging between Rs. 4,10,000 and Rs. 4,67,000.

In July, MSI posted 10.88% increase in its passenger car sales at 63,040 units.

Car sales in India have fallen for a record ninth month in a row in July, posting 7.4% decline.

According to the latest data released by the SIAM, domestic passenger car sales declined to 1,31,163 units in July this year from 1,41,646 units in the same month of 2012.