NSE:MARUTI management interview: Maruti Suzuki Eyes 25-30% SUV Growth, Says CNG Demand Has Overtaken Diesel
Business Today, 2026-07-27. Video: https://www.youtube.com/watch?v=wp7Lc5e_TGI
- Brezza powertrain upgrades: Maruti Suzuki expanded its Brezza lineup with an upgraded turbo booster jet engine engineered for superior output, mileage, and NVH levels, alongside segment-first underbody CNG options.
- SUV segment growth: The company is targeting 25% to 30% growth in the SUV segment this year, reporting market share gains in the first quarter despite intensifying competition.
- CNG adoption surge: Industry-wide CNG penetration reached nearly 20%, overtaking diesel's 18% share, while Maruti Suzuki recorded a 58% growth in CNG vehicle sales in the recent quarter.
- Sedan demand strength: The Dzire emerged as the top-selling car model industry-wide in the first quarter, reflecting sustained consumer demand for competitively priced sedans and hatchbacks.
- Pricing and cost pressures: Recent vehicle price hikes were necessitated by input cost inflation and geopolitical factors such as the Iran conflict, though the company implemented increases after competitors.