Maruti Suzuki launches new S-Presso 2022MARUTI - 10680 Change: 80.75 (0.76 %)
News: In a regulatory exchange filing, MSIL has informed exchanges about launch of new S-Presso 2022. it will be powered by Next Generation K-Series 1.0L Dual Jet, Dual VVT engine with idle-start-stop-technology. It will provide ~14- 17% higher fuel efficiency of upto 25.3 Kmpl. it is equipped with safety features like Dual airbags, ABS with EBD, ESP, hill hold assist, etc. It is being offered at a price band of Rs 4.25 - 6 lakh (ex-showroom, Delhi). It is being offered in both manual as well as automatic transmission.
Views: S-Presso is being positioned as a mini SUV and has bought decent success for MSIL. It clocked a monthly sales run-rate of ~7,000-8,000 units with FY22 sales volume pegged at 66,595 units (~4% of total volumes at MSIL). The new refreshed model is equipped with new age tech features and makes it a good value proposition for customers in the entry level segment. The key monitorables for the company are, however, the impending launch of mid-size SUV i.e. Grand Vitara on July 20, 2022.