Maruti to launch the new WagonR by April-end

Maruti to launch the new WagonR by April-endIndia's largest automaker, Maruti Suzuki is expected to launch its new WagonR for the Indian consumer by the end of the April 2010.

Notably, the company has invested a mind-boggling Rs. 290 crore in upgrading its much-popular hatchback WagonR that will be rolled out from a new platform from its plants.

In fact, the company has already stopped the manufacturing of the Duo variant of the WagonR which supports both the LPG and the Petrol mode.

Maruti Suzuki India's Executive Officer (Marketing and Sales) Mayank Pareek said that the new hatchback model isn't a minor change for the Indian consumer and a lot of investments have gone into the development of the product to make it an optimal choice for the Indian consumer.

It is clear from the fact that when a minor facelift costs any automaker close to around Rs. 50 crore, a Rs. 290 crore investment will be giving the consumer a new choice amongst the already available products in the segment. WagonR has been a very successful product for Maruti Suzuki and the company has sold a whopping 8.5 lakh units of WagonR since its launch in 1999.