Business News
2 min read | Updated on September 12, 2024, 13:21 IST
SUMMARY
Maruti Suzuki has set set a sales target to sell 6 lakh CNG units in the financial year 2024-25. In the April-August period this fiscal, the auto major has so far sold 2.21 lakh units, a senior official at Maruti Suzuki India said.
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In the April-August period this fiscal, the auto major has so far sold 2.21 lakh units
The country's largest carmaker company on Wednesday expanded its CNG model range as it rolled out its premium hatchback Swift with S-CNG trims.
"This fiscal we are targeting to sell around 6 lakh CNG units. We ended last year with sales of around 4.77 lakh units," Maruti Suzuki India Senior Executive Officer (Marketing and Sales) Partho Banerjee told PTI during an interaction.
In the April-August period this fiscal, the auto major has so far sold 2.21 lakh units, he added.
The new Swift comes in three variants priced at ₹8.19 lakh, ₹8.46 lakh and ₹9.19 lakh respectively.
Banerjee said the S-CNG trims deliver a fuel-efficiency of 32.85 km/kg.
"The company pioneered the production of CNG vehicles in India back in 2010. Since then, we have sold over 2 million S-CNG vehicles to date, contributing to a significant reduction of 2 million tonnes of CO2 emissions," he added.
The company now offers 14 models with CNG technology, Banerjee said.
"Last fiscal year, our CNG sales in the passenger vehicle category witnessed a 46.8 per cent growth, compared to 2022-23 and registered a compound annual growth rate of around 28 per cent since 2010," he noted.
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