- 24 Feb 2022
- ICICIdirect Research
MARUTI SUZUKI INDIA LAUNCHES NEW BALENO WITH BOLD DESIGN AND SEVERAL SEGMENT FIRST NEW AGE FEATURES
MARUTI - 12246 Change: -43.25 (-0.35 %)News: Maruti Suzuki has launched the new Baleno priced at Rs.6.35- 9.5 lakh/unit (ex-showroom). It offers high tech features like Heads up Display, 360 degree viewing camera, 9” infotainment system, 6 airbags. Further the new age Baleno can also be owned through Maruti Suzuki Subscribe at an all-inclusive monthly subscription fee starting from Rs.13 999. It is powered by the same 1.2 L petrol engine.
Views: The new model is priced higher than previous model by Rs.22,000- 50,000/unit. It is still priced attractive to the competition in this segment (premium hatchback) and should support volumes at the company, going forward. It has in-built next-gen Suzuki Connect Telematics System with 40+ connectivity features including access through Alexa Skill® and compatible smart watch, for an unparalleled experience.
Impact: Positive