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    MARUTI   INE585B01010

MARUTI SUZUKI INDIA LTD

(MARUTI)
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The Limitless Maruti Suzuki Swift: Delights 2.5 million customers

09/15/2021 | 11:27am EDT

New Delhi: Reigning over Indian roads for more than 16 years, India's favorite premium hatchback Swift's success has been nothing short of phenomenal.

* India's No.1 selling car of 2020-21

* Leader amongst premium Hatchbacks for 15 years

* Only car to win ICOTY award for all its three generations

India's No. 1 selling car of 2020-21 has transcended its own records by clocking cumulative sales of 2.5 million units.

Swift had created the premium hatchback segment in the country, with its launch in 2005. Delivering unmatched driving experience, global styling, outstanding performance and immense customer fan following, Swift has successfully created a league of its own.

Democratizing the sporty premium hatchback segment back in 2005, Maruti Suzuki Swift has been an icon with its cult fandom. With its limitless performance, stunning looks, and feature-loaded characteristics, Maruti Suzuki Swift has been the driver's delight for more than three generations now. It is the only car to have won the prestigious ICOTY award thrice.

Speaking on the success of Swift, Mr. Shashank Srivastava, Senior Executive Director (Marketing & Sales), Maruti Suzuki India Limited, said, 'With its launch in 2005, Swift heralded the start of the premium hatchback segment in India. The most awarded premium hatchback in the country, Maruti Suzuki Swift is the only car to win the prestigious ICOTY awards for all three generations. Every generation of Maruti Suzuki Swift has been India's favorite and has won hearts of over 2.5 million Swift lovers. The No. 1 selling car of FY20-21, the sporty Swift has created a glorious legacy with its scintillating looks and power packed performance.'

He added, 'Swift is not a car, it is a feeling, an emotion and a refreshing new thought process that challenged many notions around hatchbacks. This success is a testament to the love of customers and critics for Brand Swift. With more than 52% customers below the age of 35 years, Swift has been constantly refreshed to match the changing aspirations of its evolving young customers We wouldn't have achieved this remarkable milestone without the unceasing support from our customers.'

Country's No. 1 car, Swift has been customer's favorite with its bold and distinctive look, aggressive front grille, cockpit-style interiors and outstanding performance. In line with this, the recently launched, Maruti Suzuki Swift 2021, is engineered to delight the next generation of car owners. Packed with K-Series 1.2L Dual Jet Dual VVT Engine with Idle Start Stop, honeycomb mesh grille, the Swift 2021 is peppy and fun to drive. Available in both Manual and Auto Gear Shift transmission, Swift offers best-in-class fuel efficiency of 23.20 km/l in MT and 23.76 km/l in AGS variants for an unmatched drive. Swift continues to be limitless and dominates its segment with its modern and feature-rich offerings.

Issued by:

Corporate Communication

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 -0.35% 7564.85 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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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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