Maruti launches Stingray at Rs 4.10 lakh, can it beat slowdown blues?

FP Archives|Dec 20, 2014, 22:47:45 IST

New Delhi: Looking to beat the slowdown blues, country's largest carmaker Maruti Suzuki India (MSI) today launched a compact car Stingray, priced at Rs 4,10,000 (ex-showroom Delhi).

"With Stingray, we carry forward our focus to make our best sellers even more attractive," MSI Managing Director and CEO Kenichi Ayukawa told reporters here.

[caption id="attachment_1049469" align="alignright" width="380"] Image: ibnlive[/caption]

Stingray, which is powered by a 998 cc petrol engine, is available in three variants, with price ranging between Rs 4,10,000 to Rs 4,67,000.

In July, MSI posted 10.88 per cent increase in its passenger car sales at 63,O40 units.

Car sales in India have fallen for a record ninth month in a row in July, posting 7.4 per cent decline.

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