The country's largest passenger car manufacturer Maruti Suzuki India Ltd on Tuesday showcased a concept prototype of its six-seater family car at the 10th Auto Expo in New Delhi and voiced optimism that the company's sales would go up in the new year.
"This is a concept prototype that we have launched and call it RIII," said Managing Executive Officer, Engineering, IV Rao.
The company is just showcasing the prototype and the variants will be decided later.
The small car major will also showcase its electric vehicle built on the lines of Eco, an affordable family car, available in two versions with three rows and two rows seating options with the seating capacity of five and seven passengers respectively.
Managing Director and Chief Executive Officer Shinzo Nakanishi told reporters that
Maruti is optimistic about its sales growth in 2010.
"The company will be able to maintain its sales growth despite the pressure of raw material costs, inflation and the rise of the yen against the rupee," Nakanishi said.
Asked if Maruti will be able to maintain its 50 percent market share over the next three years, he said: "This is not an easy job this year with so many new cars being launched. We have to make preparations for this."