The country's largest car maker, Maruti Suzuki India (MSI), on Monday said it will launch a new van within this fiscal to replace its MPV Versa, which it has stopped making.
“We will be launching a new van by the end of this fiscal. This vehicle will replace the Versa, whose production has already been stopped," Maruti Suzuki India Managing Executive Officer (Engineering) I.V. Rao told reporters on the sidelines of the Fourth Environmentally Friendly Vehicle Conference here.
He, however, did not give the price point of the soon-to-be launched vehicle.
The company is also working on hybrid and electric vehicles, but Rao said Maruti has no plans for a full-fledged launch of vehicles with such alternative fuel technologies.
The company is working on making all its models Bharat Stage-IV compliant as required under the government norms.