Ritz completes its first year in India

maruti-ritzWhile the competition in the A2 segment is surely heating up by the day, but the market leader Maruti Suzuki is of a view that the company will be able to outshine the counterparts even in the coming months.

The confidence surely have a strong backing of numbers as its premium hatchback, Ritz that recently completed its first year in the Indian automobile market sold 68,130 units during the period from May 2009 to April 2010.

Facing competition from products like Hyundai i-20, Fiat Punto, Skoda Fabia, Honda Jazz, Chevrolet Beat and the newly launched Ford Figo ,Volkswagen Polo, a handful of more products are expected to make their presence felt in the Indian small car segment.

According to the release issued by the company, other products in the Indian small car segment are way behind the Ritz as i20 sold 31,318 units during December 2008 and November 2009, Skoda Fabia sold 7,383 units during January to December 2008, the Honda Jazz sold 7,850 units in the first eleven months between June 2009 and April 2010.

It may be noted here that the cousin of Ritz, Swift sold over 57,000 units in its first year in the Indian market. Notably, the Swift has sold over 4.5 lakh units in the Indian market in the last five years.