Maruti’s new Alto to be priced up to Rs. 2 lakhs?

India’s largest car maker Maruti Suzuki is all set to bring on the road a revamped and cheaper Alto. Maruti feels that now is the best time to launch a strip down version of its largest selling car. It sells close to 20,000 Alto every month making it India’s best selling car model.

Maruti hopes the leaner Alto will not only help it counter competition from new cars in the markets but also replace the iconic Maruti 800 which is being phased out. The new Alto could be priced up to Rs. 2 lakh according to some sources.

Maruti Chairman, RC Bhargava said: “The Alto will not be much more expensive than the 800 and we will keep trying to do whatever we can to make it more and more affordable.” “The car will be in showrooms in the next couple of months but don’t expect major changes in design.  The company doesn’t want to change the design of its highly successful car model and its not just Alto, Maruti is planning to refresh its entire car line up a new Wagon R which is also expected before end of April,” Bhargava added.

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Source: ET