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New Delhi : In an unprecedented move to defend market share, the country's largest carmaker Maruti Suzuki India will launch five cars in CNG version in a single day in the second week of August.
The company, whose market share has come down below 50 per cent in the quarter ended June for the first time in its history, will unleash factory-fitted CNG options of its best selling Alto, compact cars Estilo and WagonR, multi-purpose vehicle Eeco and mid-sized sedan SX4.
"The CNG models will be very important in our portfolio. We are the first company to come out with factory-fitted CNG cars and we will have the first mover's advantage in the market," MSI Chief General Manager (Marketing) Shashank Srivastava told reporters here. In the April-June quarter, MSI's market share fell to 47.
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