Maruti Suzuki Ritz
Price: Rs3.90 lakhs to Rs4.80 lakhs
Variants: Petrol – LXi,ZXi & VXi | Diesel – Ldi & Vdi
Expectation: Not announced
“Yes, we did consider the competition when it came to positioning the Ritz, but we also had to see how it fitted with regards to our Swift,”Mayank Pareek, executive officer-marketing & sales, Maruti Suzuki said. “A small number, around 5-7%, of Swift customers may shift to Ritz, but that will benefit us as there is already a waiting period both for Swift diesel and petrol. This way, we will bring down the waiting period for Swift and also add to Ritz sales,”Mr Pareek added.
Honda Jazz
Price: Rs6.98 lakhs to Rs7.33 lakhs
Variants: Jazz basic,jazz sport and Jazz mode
Expectation: Half the number of city. 1200 -1500 units a month
“We expect the customer of a Jazz to be an owner of an executive car looking for a second car, which will probably be a compact car. It’s unlikely the Jazz customer will be a first-time buyer. It’ll take time for this premium segment to gain acceptance. We are willing to wait for three-four years for this to happen,” Honda Siel President and CEO Masahiro Takedagawa said.
Fiat Grande Punto
Price: Rs3.99 to Rs6.11
Variants: Active, Dynamic, Emotion, Emotion Pack
Expectation: 2500units/month
“We do expect to sell 2,500 units of the Grande Punto each month. The car is in the B-plus segment where it will have to compete with the likes of the Honda Jazz and Chevrolet UVA” Mr Rajeev Kapoor, CEO, Fiat India Automobile said.