Global premiere of New compact MPV – Ertiga at Maruti Suzuki pavilion

New Delhi, January 6, 2012: Car market leader Maruti Suzuki India Limited unveiled India’s first compact Multi Purpose Vehicle – ERTIGA here today.

Ertiga’s compact dimensions make it easy to park and maneuver. Its active and dynamic stance from the outside, and the quality fit and finish and features in the interiors, enhances its appeal among customers. Ertiga will be offered in both petrol and diesel versions.

The glistening `Serene Blue’ compact MPV was unveiled by Mr. Kenichi Ayukawa, Deputy Executive General Manager, Global Marketing, Suzuki Motor Corporation and Mr. Shinzo Nakanishi, Managing Director & CEO, Maruti Suzuki India Limited.

Speaking at the unveiling Mr. Kenichi Ayukawa said, “Suzuki Motor Corporation has taken the opportunity of the Delhi Auto Show to showcase models that hold our message as a compact car manufacturing expert. This is because the event has been getting more and more prominence and importance in the global automotive industry. India is one of the countries that has been drawing increasing attention from the world.

“Through the Ertiga, XA Alpha and all the other cars on display at this pavilion we want to deliver a message of our brand philosophy of – Way of Life”.

Managing Director and CEO of Maruti Suzuki Mr. Shinzo Nakanishi said, “The global premier of the Utility Vehicle portfolio at the Auto Expo is an iconic event as it is a reflection of the Company’s preparedness for the future competitive scenario. The Ertiga brings space, style and compactness to Utility vehicles for customers in India. As India gears to be amongst the largest global automobile markets by 2020, with the foray into UV segment, Maruti Suzuki will strengthen its leadership position in the industry. With Ertiga the Maruti Suzuki will step into the Utility Vehicle segments and effectively create a new Compact MPV segment in India.”

Compact MPV segment

The Utility Vehicle (UV) segment accounts for around 14 per cent of the Indian automobile industry, a 66 per cent (two third) of these are Multi-Purpose Vehicles (MPV), the segment where Ertiga is positioned. In the Indian automobile industry, the MPV is the fastest growing sub-segment amongst UVs showing a growth of around 15 per cent in the last four years. At the same time Utility Vehicles segment (MPV + SUV) have shown a growth rate of over 12 per cent in the last four years.

The Ertiga is launched in India with an aim to pioneer a new market of compact 3-row vehicles.

Theme of togetherness

Ertiga is a bold and aggressive initiative, wherein company’s designers have carefully built in `features and attributes’ of a sedan in a compact MPV to evolve a next generation vehicle.

Built on the central theme of ‘togetherness’, Ertiga is an interesting mobility solution for young dynamic confident Indian who want to retain individuality yet retain Indian custom of ‘togetherness’.

Ertiga’s compact proportions are its uniqueness and give the users excellent flexibility to park and maneuver even in congested lanes and by-lanes of metros and semi-urban cities.

 

 

 

Ertiga has been crafted to address the need of evolving Indian customer for individual day-to-day running, unwinding with family on a weekend shopping, dining, fun time with colleagues and friends and long weekend leisure drives etc. Ertiga fits the best with this positioning as its compact size offers optimized seating for any urban family.

 

Conceptualizing the Ertiga

Though an MPV, Ertiga retains characteristics of a passenger car – it is stylish, sporty and has an elegant appearance. With an active and dynamic stance that delivers energy, the youthful Ertiga is an example of innovative use of space.

 

The key styling of the Ertiga revolves around the basic elements of Passenger car characteristics, Ertiga’s powerful road presence with an assurance of safety that complements Suzuki’s strong Identity.

 

Compact yet Spacious

The Ertiga is distinguished by its compact dimensions (overall length: 4265mm, overall width: 1695mm, overall height: 1685mm). The bold and aggressive stance complemented by the 2740 mm wheel base along with 15 inch alloy wheels combined with a strong shoulder thick section gives Ertiga an absolute power of presence.

Interiors – Redefining driving pleasure

The plush and premium interiors of Ertiga exude confidence, elegance, class, versatile character and agility. The interiors offer a host of new features such as a 3-spoke, tilt adjustable electric steering, twin AC, audio system (USB Compatible, 4+2 speakers), steering mounted audio controls, central door locking and keyless entry, multi information display, power windows with auto down and electrically adjustable mirror. The feature rich Ertiga is sure to delight the customer looking for rich features in the MPV.

 

Introducing the K-14 VVT engine first time on Ertiga

 

The all new powerful and light weight K-14 VVT petrol engine will debut on Ertiga. In that way it’s also a global unveiling and extension of the `K’ family engines. In addition, the Ertiga’s diesel variant will be powered by the acclaimed 1.3 litre DDiS Super Turbo diesel engine.

 

Class leading Performance and Efficiency

 

The Indian specification Ertiga with a petrol engine delivers a peak performance of 70kw@6000rpm and a maximum torque of 130Nm @ 4000rpm. The Certified fuel efficiency (as per CMV Rule 155, India cycle) of Petrol Ertiga is a top of the class 16.02 km per litre.

 

The Ertiga with the high powered Diesel engine in India will deliver a peak power of 66kw@4000rpm and a top end torque of 200Nm@1750rpm. The Certified fuel efficiency (CMV Rule 155, India cycle) of Diesel Ertiga is a class leading 20.77 km per litre.

Versatile seating

The Ertiga offers a three-row flexi-seating options for 7 passengers (2x3x2) that is easier to operate and is high on storage space. Each row of the car has been designed keeping in mind the occupants seating requirements; whether for an individual’s day-to-day business commitments or for a family’s weekend shopping, dining or week end drives.

Volkswagen evaluating more models for India

Frankfurt: The German automotive major Volkswagen AG has said that the company is evaluating more models for introduction into India plugging in segment gaps, including the possibility of considering its new small car UP!

“While the immediate focus of launch of UP! is on Europe, we will consider this in other markets including India subject to feasibility studies. However, increase in localisation of content is vital for bringing in new models into India,” according to Dr. Ulrich Hackenberg, Member of the Board of Management, Volkswagen Brand and Executive Vice President, Volkswagen Group. The company may also have to localise the cars to suit Indian requirements, he explained.

The India market is strategic for the Volkswagen Group and the immediate focus is on developing the local market rather than addressing exports business potential in the markets around it. The accent is to increase the localisation of content from 70 per cent and take it up to 75 or 80 per cent in the near future and even more, he said speaking to media at the Volkswagen Group stall in the Frankfurt Motor Show.

“The development of suppliers and vendors to meet our expectations is vital for the launch of more cars including small car UP! in India. Unless we have this we would not be able to be competitive. In fact, we are looking a development of the vendor network not only for India but for supply of parts for other manufacturing bases of the company located across the world,” he said.

Mr Neeraj Garg, Member of The Board and Director Passenger Cars in India, told Business Line that the company business is looking up in spite of tough business environment for the automotive sector in India now. “Sales of Vento and Polo have boosted our position in India. The company has invested more than Rs.3,800 crore for the plant near Pune and we have the capability to produce up to 1,30,000 cars per annnum,” he said.

The launch of more vehicles in India hinges on the feasibility studies we have in place for certain segments of cars. The idea is to fill these gaps, which could possibly be a small car, a seven seater, another sedan and possibly a sports utility vehicle.

“We are also developing the dealer network up from 77 now to 100 by year end, which will provide a wider reach,” he said.

Maruti to decide on Gujarat plant by Oct

Ahmedabad: Scouting land for Maruti Suzuki India Limited (MSIL)’s third manufacturing plant in the country, Suzuki Motor Corporation chairman Osamu Suzuki had a “cordial and positive” meeting with Gujarat chief minister Narendra Modi here on Thursday.

Having received an invitation by the Gujarat CM to set up a plant in the state, MSIL will now seek formal approval from the boards of both MSIL and Suzuki Motor Corporation (SMC) for the third plant, an announcement on which will be made by October-end.

In his first formal meeting with the CM, Suzuki was accompanied by MSIL chairman R C Bhargava and managing director Shinzo Nakanishi.

“I met the CM on Thursday formally for the first time. We had a discussion on setting up a plant here. Considering the discussion we had with the CM, we have to take formal approval from the boards of MSIL and SMC and only then shall we be able to decide on whether to apply land or not. The decision will be taken by October-end,” said Suzuki.

According to Bhargava, the timing will depend on market conditions in the near future. “The CM has extended full support for whatever plant we want to set up. The company needs to gather more information on the land and the risks associated.

We definitely need another plant. But whether it comes up in 2014, 2015, 2016 or 2017 depends on how the market behaves,” said Bhargava.

MSIL would require 500 acres of land for its first manufacturing facility outside Haryana, with a capacity to produce a million cars a year.

Additionally, the company would require 500 acres for a vendors’ park.

At present, it has a total production capacity of 1.7 million units per annum from the Gurgaon and Manesar plants put together. The current production as well as sales volume is 1.2 million units per annum. “There are 18 auto manufacturers who have come to the Indian market and most of the companies are bigger than Suzuki Motor Corporation,” said Suzuki.

Suzuki’s interaction with the state government came merely days after French car maker PSA Peugeot Citroen announced its first car plant in India at Sanand.

In May, Bhargava and Nakanishi had met Modi to express intent to set up the company’s new facility in Gujarat.

Maruti to bring new Swift in Aug

New Delhi: Maruti Suzuki’s new Swift is set to hit the road next month as the company braces up for stiffer competition after Toyota launched its Liva small car and Honda gears up to roll out its Brio hatchback.

The new Swift, which comes to India nearly one year after its international debut, will cost around or over Rs 10,000 more than the model’s existing price of Rs 4.09 lakh ( Delhi, ex-showroom petrol variant).

The model has been a blockbuster for the company since its launch in 2005 and has been the mainstay in the premium category of the compact car segment, which accounts for nearly 60% of car sales in India.

Shashank Srivastav, chief GM (sales & marketing) at Maruti Suzuki, said competition was getting stiffer in the segment and Maruti wanted to hold on to its over 50% share. “This is the biggest segment of the market and everyone wants a larger share here-.”While Maruti has a dominance in the compact segment with its fleet of cars (including Swift, Ritz, Alto, WagonR), others are catching up fast. Volkswagen Polo, Ford Figo, Hyundai i10 and i20, GM’s Beat and now Liva have been fighting hard to get big numbers here.

The new Swift will sport some changes both in the interior as well as on the exterior and Maruti is trying to give a somewhat “different feel” to the model, considering that the overall impression of the car would be maintained.

The effort will be to make the car appear more sporty. Srivastav said dealers have started accepting bookings for the new model and customers will have a choice to go for the upgraded model that will make its debut around August 17. The new model will be slightly longer and wider than the existing model and will have a 40 mm longer wheelbase, which will add a little more to the legroom. While the engine capacities of the existing Swift have been retained (1200cc petrol and 1300cc diesel), the company has made changes to technology on the petrol engine which will give the car more power and also make it more fuel efficient.

Renault to launch four new models in India by 2012

Kolkata: French auto major Renault will launch one model later this year and three more models next year in India, a top executive of the company said Thursday.

“We will launch Koleos, an SUV variety, in India in October this year. And three more cars will be launched in 2012,” Renault India Private Limited vice president, sales and marketing, Len Curran told reporters after launching luxury sedan ‘Fluence’ here.

“We are looking at 2.5 percent market share in the country by 2013. India is one of the three key strategic countries for Renault. To need to be a serious player in the country, we have to catch 5 percent market share… it is our long-term plan,” he said.

He said the Indian car market was coming towards the premium European products.

The company was looking at the opportunity to launch light commercial vehicles (LCVs) in the country.

Renault and Nissan have an alliance greenfield manufacturing facility in Chennai.

“This is the first new greenfield manufacturing plant for Renault and Nissan alliance. The capacity of the plant is 400,000 cars per year. Total investment made is Rs.5,000 crore,” Curran said.

Stating that currently the company had 14 dealers across the country, he said the number of dealers will increased to 40 by the end of this year and 100 by the end of next year.

Maruti Suzuki to recall 13,157 Diesel engine cars

New Delhi, 6 April 2011: Maruti Suzuki India Limited today announced that it will inspect the ‘Connecting Rod Bolt’ for 13,157 units of Swift Dzire (4505 cars), Swift (6841 cars) and Ritz (1811 cars) diesel cars with engines manufactured between 13th November 2010 and 4th December 2010. If the Connecting Rod Bolt is found defective, the company will replace the component free of cost.

No other vehicles in the range or the vehicles exported by Maruti Suzuki are impacted.

Maruti Suzuki dealers will contact owners of the cars. The new part has been despatched to the dealer workshops.

Users of Maruti Suzuki diesel cars purchased after 13th November 2010, can check the website www.marutisuzuki.com to ascertain if their diesel engine car is among the above mentioned vehicles. Customer need to fill in the engine number (D13A followed by 7 digits) on the computer screen. Engine Number is embossed on vehicle ID plate and also on the vehicle registration documents. Customers may also contact the nearest Maruti Suzuki dealer workshop to ascertain if their car is amongst the above vehicles.

Information on recall hereafter will be also available for our customers on our website: www.marutisuzuki.com.

Rolls-Royce aims to sell more than 100 cars in India this year

Mumbai: Rolls-Royce Motor Cars, the British manufacturer of luxury automobiles aims to sell more than 100 cars this year in India as compared to 80 cars sold last year, a top company official said here.

“After logging 600 per cent growth over 2009, our sales should cross the three-digit mark in 2011,” Rolls-Royce CEO Torsten Muller-Otvos told reporters here.

Rolls-Royce sells the Phantom and Ghost brands in India, priced upward of Rs 2.5 crore and Rs 3.5 crore, respectively.

India is the second-fastest growing market for the company after China. The China will form the carmaker’s biggest market as early as 2014, with its Ghost sedan driving demand, Mueller-Oetvoes said.

Rolls Royce now also plans to increase the footprint to India beyond the dealerships in Delhi and Mumbai.

“We looking at opening two more locations in Punjab and Hyderabad,” Muller-Otvos said.

Rolls-Royce also plans to unveil an electric version of its Phantom model, ’102EX’, at the Geneva Motor Show on March 1.

“We have engineered the world’s first battery electric vehicle for the ultra-luxury segment. With this vehicle, we begin an exploration into alternative drive-trains, seeking clarity on which alternative technologies may be suitable to drive Rolls-Royce motor cars of the future,” he said.

Maruti Suzuki unveils SX4 Hybrid and Eeco Charge Electric concepts for use at Commonwalth Games

New Delhi, 28th September 2010: India’s car market leader Maruti Suzuki today handed over first lot of Two Maruti Suzuki SX4 Hybrid cars and One ‘Eeco Charge’ to Mr Arvinder Singh Lovely, Hon’ble Minister of Transport for NCT Delhi. The vehicles intended for use at the forthcoming Commonwealth Games, were handed over by Mr. Shinzo Nakanishi, Managing Director and CEO, Maruti Suzuki India Limited, in the city.

Maruti Suzuki has made ready a lot of 14 future technology vehicles for the use at Commonwealth Games. These include 10 Maruti Suzuki SX4 Hybrid Cars and 4 Maruti Suzuki ‘Eeco Charge’ vehicles. The balance vehicles will be handed over to the Commonwealth Games Organising Committee for use by the Officials during the Commonwealth Games.

On the occasion Mr. Shinzo Nakanishi said, “I am happy that engineers at Maruti Suzuki have developed these future technology vehicles. This project has helped our engineers to increase their knowledge and enhance their R&D capability. We are grateful to the Government for their leadership to promote green technology in automobiles. Maruti Suzuki is happy to be associated with the Commonwealth Games national initiative, through these vehicles.”

Maruti Suzuki has developed the SX4 Hybrid vehicles and ‘Eeco Charge’ concept vehicles as a part of the demonstration fleet. The demonstration of the fleet of SX4 Hybrids and ‘Eeco Charge’ vehicles at the Commonwealth Games 2010, is in line with the ambitious NHPP and MNRE program outline.

SX4 Hybrid and ‘Eeco Charge’ concept development has been taken up by Maruti Suzuki as a part of the Government initiated and SIAM coordinated NHPP & MNRE National Hybrid Propulsion Program (NHPP) and the Ministry of New & Renewable Energy Sources (MNRE)’s High Energy Density Battery Development Program.

Capability building @ Maruti Suzuki

The development of Hybrid and Electric vehicles is one of the exciting initiatives undertaken by Maruti Suzuki to enhance its R&D capabilities and gear itself for greener technologies. Through this exercise Maruti Suzuki is keen to expand its learnings on green technologies that put minimal stress on non-renewable energy. A team of 25 Maruti Suzuki engineers worked on this project with global hybrid technology and component suppliers.

These future technology vehicles by Maruti Suzuki demonstrate how eco-friendliness and personal mobility can be packaged together as an exciting product. These concepts have been developed by a team of Maruti Suzuki engineers and were showcased at Delhi Auto Expo 2010.

‘SX4 Hybrid’

SX4 Hybrid is a Full Parallel Hybrid with Automated Manual Transmission (AMT) on a sedan platform. SX4 Hybrid presents a case of evolution of transportation system with elements of flexibility, style and eco-friendliness. SX4 Hybrid offers mobility solution in an eco-friendly yet stylish manner.

The hybrid system used in the SX4 Hybrid features an electric motor and twin clutch arrangement with advance Lithium-ion battery technology. This concept combines a 1.2 litre K-series petrol engine and a 50 kW electric motor along with 5-speed Automated Manual Transmission. Together, these provide high fuel economy with lower emissions. The SX4 Hybrid is also capable of running solely on its electric motor, offering a further boost to fuel efficiency and zero emission modes in city driving. The SX4 hybrid offers 25 per cent more fuel efficiency compared to conventional gasoline vehicle.

‘EECO Charge’

‘Eeco Charge’ is a zero-emission, pure electric vehicle developed on a MPV platform. It is powered by a 50kW motor and a 24kWh Lithium-ion battery. On full charge it promises a driving range of around 100km and attains top speed of 100 km per hour. The ‘Eeco Charge’ also has the ‘Sport Mode’ for acceleration enthusiast. The battery for ‘Eeco Charge’ has been packaged under floor for better drivability and retaining ample boot space. The real time display of State of Charge and ‘Distance to Empty’ addresses user’s anxiety. The ‘Eeco Charge’ can be charged using household power source.

About NHPP and MNRE

The National Hybrid Propulsion Programme (NHPP) is an initiative of the Government of India. It is a public-private partnership initiative and India’s first in hybrid technology; being jointly funded by Govt. of India and Indian Automotive OEM’s. NHPP is expected to develop awareness and generate interest in the Indian automobile market to the world of hybrids.

Considering the importance of battery technology for successful EV/HEV development, MNRE (Ministry of New and Renewable energy) has initiated a program on high energy density battery. The objective of this joint program, funded by Govt. of India & automotive OEM’s, is to carry out the local development of high energy Li-ion battery packs by battery manufactures for pure electric/ hybrid electric vehicles.

Society of Indian Automobile Manufacturers (SIAM) has formed a core group of OEM’s to take these projects forward. In this initiative SIAM functions as a nodal agency for OEM’s, component manufacturers and Government of India. In line with Phase I of the project, OEM’s are to showcase their Hybrid and Electric vehicles during Commonwealth Games 2010.

ALTO TO BE PRICED AT RS 2-2.5 L

New Delhi: Stung by rising competition, the country’s largest carmaker Maruti Suzuki plans to penetrate the low-cost car market with a stripped-down version of its best-seller Alto. The new model, to be priced 20-25% cheaper than the Alto base model, will be part of Maruti’s strategy to bridge the gap between the world’s cheapest car Nano and the Alto series.


Maruti has already started sourcing parts for an engine for the new Alto—codenamed YP3—which will be a two-cylinder engine. The current Alto lineup sports an 800-cc, three-cylinder F8D engine. The new engine will help Maruti lower prices significantly, a vendor confirmed.

According to vendors privy to the plans, the car will be launched by the second half of 2011. A top component-maker with direct knowledge of the development told FE: “Maruti’s strategy is to explore every price category in the small car segment. The Nano launch forced it to sit up and explore this segment once again.”

Another vendor said though the new Alto would cost at least Rs 50,000 more than the Nano, Maruti hopes to attract customers who would take a bank loan for a Nano. “The idea is that if a customer can buy a Nano with a certain down payment, he can perhaps own a Maruti product at a little extra cost,” he said.

A Maruti Suzuki spokesperson denied having any plans for a stripped-down Alto.
Plans for the cheaper Alto closely follow the recent phase-out of Maruti 800 from 13 cities since it was not compliant with Bharat Stage IV emission norms.

“If a company needs to come out with a low-cost car, then Alto is the best since it has a powerful brand backing it,” an auto analyst said.

Alto Standard, the country’s largest-selling car, is priced at Rs 2.53 lakh. It has an 800-cc engine, no AC and no power steering. The Nano standard version has a 624-cc engine, but is Rs 1.3 lakh cheaper.

Maruti has not been shy to cut prices in the face of competition. When the Tata Indica debuted 10 years ago, Maruti reacted by cutting the price of its ertwhile best-seller M800 by Rs 25,000 to take on the Rs 2.95-lakh Tata car. Post-rebate, the M800 was priced around Rs 1.8 lakh, substantially cheaper than the Indica.

Maruti has always maintained that it will not develop a Rs 1-lakh car. Chairman Osamu Suzuki has gone on record saying the Rs 1-lakh car is not a segment Maruti would want to be in.

THE NANO GOES UPMARKET

Mumbai/Kochi: Leena Jacob, an IT professional based in Technopark, Thiruvananthapuram, is delighted with her Tata Nano. The small car, she says, proves very useful and convenient for city driving. The other two cars in the family garage: a Honda City and a Maruti Swift.

“I am afraid of taking my Honda City into the heavily congested city roads, but the Nano is very convenient,” she said. The main advantage, according to Jacob, is its ease of handling and small size, letting her park in half the space of the Honda City.

In Mumbai, S P Shah, director-general, Federation of Automobile Dealers’ Association, is waiting for Nano bookings to start again. “I drive a Honda City to office every day and find it very cumbersome to park. I will definitely buy a Nano when bookings reopen,” said Shah.

Jacob and Shah are not alone. According to Tata dealers in various cities and towns, nearly 60-80 per cent of Nano buyers already own one or even two cars, but still prefer to purchase another small car. That is why it is not uncommon to spot a chauffeur-driven Nano on Peddar Road, which houses some of Mumbai’s richest denizens.

While Tata Motors does not share customer profiles, a leading dealer in Delhi who sells both Tata and Fiat vehicles, confirmed: “Around 70 per cent of Nano buyers already have a car. They purchase a Nano for different reasons: to pick up children from school or go to crowded markets. The age profile could vary, from those in their 20s to 50s.”

A dealer in Mumbai reiterates the point, saying around 60 per cent of those that booked a Nano already had a car in the family.

The fact that, in most cases, it is not a first-time car buyer moving up from a two-wheeler to a Nano is reflected in the fact that just 20 per cent of the 100,000 Nanos booked so far were the standard, no-frills version. “I use the Nano on short trips, like to the station and back, or to similar crowded areas as manoeuvring or parking the car is very simple. But, I prefer driving my wife’s Maruti Zen Estilo for longer journeys,” said Mumbaikar Ashok Vichare, the first buyer of the Nano.

Booking trends are the same in Kerala, where Tata Motors successfully cashed in on Onam — the state’s biggest festival — by promising to deliver the car within 30 days. The new buyers range from well-heeled IT professionals to housewives, who already have a hatchback or a sedan in the family. Tata Motors reopened Nano bookings from August 1 in Kerala. Says R S Murali, sales coordinator at R S Motors in Kochi: “People booking the car are between the ages of 30 and 45, and mostly have a car in the family already. We have booked 1,000 Nanos since August 1.”

In overcrowded cities, the Nano is emerging the vehicle of choice for daily commuting for its agility, practicality and fuel efficiency. Shorter than the Maruti 800, but roomier inside, the Nano delivers 23 km a litre. In addition, buyers also speak highly about its design and styling, which they consider far better than the Maruti 800, which costs around 55 per cent more.

Ironically, many had expected the Nano to eat into sales of two-wheelers, especially motorbikes, compelling companies like Bajaj Auto to manufacture its version of the small car. But the expected change has not happened.

Says S Sridhar, chief executive (two-wheelers), Bajaj Auto: “When you put out a low-cost car in the market, consumers immediately compare it with a two-wheeler. But 30 per cent of two-wheeler buyers are students looking for something sporty. The balance of customers is from B- and C-class towns, where road conditions are poor and the maintenance cost of a car is higher than that of a motorcycle.”

Nevertheless, Bajaj Auto is working on a low-cost car. But, it is looking at a car whose running costs will be low because of higher fuel efficiency.

One of the main reasons why the Nano hasn’t pulled consumers looking for the first car, said auto experts, is because of the poor exposure the car has received since it was unveiled, which could have defined its road worthiness. “The performance of the vehicle cannot be evaluated now, because it is too short a period to have a clear idea on its performance,” says Baiju N Nair, chief editor, Overtake, a local auto magazine in Kerala.

Swaraj Baggonkar & George Jospeh
Business Standard (Web & Print Edition)