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    MARUTI   INE585B01010

MARUTI SUZUKI INDIA LTD

(MARUTI)
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Maruti Suzuki India : Ciaz clocks 3 Lakh sales; Fastest ever in the Premium Sedan Segment

09/10/2021 | 11:41am EDT

New Delhi: : Maruti Suzuki Ciaz has attained sales of 300,000 units fastest in the premium sedan segment. Inspired by elegance with luxury, Ciaz comes packed with segment leading space, plush interiors and a powerful 1.5 litre petrol engine with Smart Hybrid technology that offers best in class fuel-efficiency.

Equipped with NEXA Safety Shield's advanced safety features, Ciaz provides safety assurance to the customers.

Speaking on the milestone, Shashank Srivastava, Senior Executive Director (Marketing & Sales), Maruti Suzuki India Limited, said, 'Since its launch in 2014, Ciaz has redefined the segment with its class leading space, design and sophistication & has witnessed a resounding success in the highly competitive premium sedan segment. The milestone of 3 Lakh sales demonstrates customer's faith and confidence in the brand'.

Ciaz leads perfection with its elegant styling and spacious lounge-like cabin for comfortable drives. With its striking front grille, sleek bumper and LED Projector Headlamps with DRLs, it owns the road with its sophisticated and opulent stance. 'Classy on the outside, indulgent on the inside', it never fails to offer a splendid drive experience.

Issued by:

Corporate Communications

Maruti Suzuki India Limited

1, Nelson Mandela Road, Vasant Kunj, New Delhi

Ph: 91-11-4678 1000

Email: corp.comm@maruti.co.in

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
MARUTI SUZUKI INDIA LTD -0.21% 7567.4 Delayed Quote.-0.77%
SUZUKI MOTOR CORPORATION 0.21% 5250 End-of-day quote.9.79%
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Financials
Sales 2022 888 B 11 870 M 11 870 M
Net income 2022 54 201 M 725 M 725 M
Net cash 2022 455 B 6 083 M 6 083 M
P/E ratio 2022 42,5x
Yield 2022 0,84%
Capitalization 2 293 B 30 637 M 30 651 M
EV / Sales 2022 2,07x
EV / Sales 2023 1,71x
Nbr of Employees 16 025
Free-Float 43,6%
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Last Close Price 7 590,75 
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Managers and Directors
Kenichi Ayukawa Chief Executive Officer, MD & Executive Director
Ajay Seth Chief Financial Officer
Ravindra Chandra Bhargava Non-Executive Chairman
Rajesh Uppal Chief HR & Information Technology Officer
C. V. Raman Chief Technical Officer
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