Maruti not planning an ultra-low-cost car
ANI | May 19 , 2012
India’s top car maker, Maruti Suzuki India has cleared that it has no plans to launch an ultra cheap small car. It has rather clarified that it sees a greater focus on fuel efficient small cars, hybrids, electric and multi-fuel cars. Japan’s Suzuki Motor corporation which owns 54.2 per cent of Maruti wants to shift to India the bulk of its research and development on cars with engine capacity of 1200 cc or lower.