Maruti Suzuki Fronx Crosses 1 Lakh Sales Milestone

By By Rediff Money Desk, NEWDELHI
Jan 24, 2024 15:56
Maruti Suzuki's Fronx model has achieved a sales milestone of 1 lakh units in the domestic passenger vehicle segment within 10 months, setting a new industry benchmark.
Photograph: Amit Sharma/ANI Photo
New Delhi, Jan 24 (PTI) Maruti Suzuki India on Wednesday said its model Fronx has crossed the 1 lakh sales milestone in the domestic passenger vehicle segment in record time.

The model has crossed the milestone in 10 months, setting a new industry benchmark, the car market leader said in a statement.

Maruti Suzuki India (MSI) had introduced Fronx in the domestic market on April 24, 2023.

"Fronx was strategically added to our portfolio to address the growing demand for another compact SUV that blends distinctive design with a captivating driving experience," MSI Senior Executive Officer (Marketing & Sales) Shashank Srivastava said.

The model has been instrumental in more than doubling the company's SUV segment share to 19.7 per cent last year from 10.4 per cent in 2022, he added.

MSI has also commenced exports of the Fronx for Latin America, the Middle East, and South-East Asian markets.

So far, the company has exported over 9,000 units of the model to these markets.
Read More On:
maruti suzukifronxsuvsales milestonepassenger vehicleindia
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com