Maruti Suzuki India Ltd, the largest car maker in the country is launching a new multi-utility vehicle (MUV) by October this year.
With this launch, the car is expected to strengthen the companys portfolio in the van segment. The new car, codenamed O2, is presently at an advanced stage of design and would be produced at Marutis plant near Delhi.
Maruti has not divulged any further details about the new MUV like the proposed price. The new car is likely to strengthen Marutis position in the combined people and luggage carrier segment. The segment grew to 10,708 in April 2009 from 8,816 in April 2008, as per the Society of Indian Automobile Manufacturers.
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