Maruti Suzuki to introduce global car by 2017
Maruti Suzuki India, the country's largest carmaker is likely to roll out a global car by 2017, as it strengthens the R&D activities. The company will start working on a global car at its new R&D centre at Rohtak. The company will develop the car with some assistance from parent Suzuki Motor Corp, targeting the European and Japanese markets. The global car will be developed mainly by Indian engineers.
The car will be powered by an 800cc engine and will be positioned along with the company's current best seller 'Alto'. MSI is spending up to Rs 1,500 crore to set up a R&D centre at Rohtak, which will be SMC's only such significant centre outside Japan, to scale up its vehicle development programme and become self-reliant.
In the past, MSI engineers had participated in the development of global models, which have been introduced in India, such as Swift and Ritz. MSI is at present working on an indigenously developed small car for the Indian market that is likely to be launched next year.
source: http://in.finance.yahoo.com