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Business

Updated on: Saturday, June 01, 2019, 07:53 AM IST

Maruti launches Ciaz at Rs 6.99 lakh

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Gurgaon : Country’s largest carmaker Maruti Suzuki India (MSI) launched mid-sized sedan Ciaz with an introductory price starting at Rs 6.99 lakh (ex-showroom Delhi). The petrol variants of the sedan are priced between Rs 6.99 lakh and Rs 9.34 lakh while the diesel variants are priced between Rs 8.04 lakh and Rs 9.8 lakh, respectively (ex-showroom Delhi).

In India, Ciaz would compete with Honda City, priced between Rs 7.19 lakh and Rs 11.05 lakh and Hyundai Verna tagged between Rs 7.39 lakh and Rs 11.72 lakh, respectively (ex showroom Delhi).

“Millions of Indians have enjoyed Maruti cars for years. These customers are looking to upgrade to mid-sized sedans. Ciaz is for them, ” MSI Managing Director and CEO Kenichi Ayukawa told reporters. He added that the company has been able to achieve localisation content of 98 per cent for the car.

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“Ciaz has been designed keeping in mind the needs and expectations of Indian sedan customers,” Ayukawa said. Ciaz comes in petrol and diesel options, powered by 1.4 litre and 1.3 litre engines, respectively.

MSI, along with its vendors, has invested Rs 620 crore on development of Ciaz.

The mid-sized sedan has been developed on a completely new platform. In addition to the domestic market, the company also plans to export the car to markets in the Middle East, Latin America and Africa.

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Published on: Tuesday, October 07, 2014, 12:07 AM IST
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