India’s largest carmaker, Maruti Suzuki is working on a new entry-level car for the Indian market, which will take oon the upcoming Hyundai Santro. The all-new product being developed by the brand will comply with all the latest safety standards and emission norms. The car will be compliant with the Bharat New Vehicle Safety Assessment Program (BNVSAP) and will also get the BS VI-compliant engine. Both the norms will come into effect in the Indian market by 2020.
The new made-in-India car has been codenamed as Y1K, which has been known as the codename of the crossover version of the Alto. However, the Y1K will be an all-new vehicle and is being developed from the ground up. The car will get powered by only a single engine that will have around 800-cc to 1,000-cc engine displacement. It will only be available in a petrol version and Maruti will not offer any diesel variant of the car. It will sit between the Alto and WagonR in terms of positioning, gunning straight for the new Hyundai Santro.
This will be the first time in decades that an all-new entry-level product will be introduced by the brand in India. Maruti will target rural markets with the new car as the demand for such vehicles is expected to rise over the next few years. Maruti is working on the prototype and the car is expected to be ready by early 2020. The production version is expected to be launched by the end of the same year. Expect it to have a similar price tag as the new Hyundai Santro.
Interestingly, with increasing buying power, customers have started looking for bigger cars and hatchbacks. The market for small cars like Alto and Eon are declining and have been shrunk by a large percentage since 2010. The demand for sub-4-meter sedans and mid-size hatchbacks has seen an exponential growth over the years.
Maruti is also expected to launch a crossover styled product in the segment of the Kwid in the future. Maruti is also planning to launch a slew of products in the coming times including the Ciaz facelift, all-new Ertiga and the all-new WagonR in the Indian market soon.