Maruti Suzuki on Thursday unveiled two new products — Jimny and Fronx — in India in a bid to secure top position in the sports utility vehicle segment and regain 50 per cent market share in the country’s passenger vehicles market. With semiconductor shortage issues gradually getting tapering off, the company expects supply of its models, specially SUVs which have large pending orders, to get better in the ongoing quarter. The company’s medium-term goal has been to get back 50 per cent market share and secure the number one position in the SUV segment, Maruti Suzuki India MD and CEO Hisashi Takeuchi said while unveiling the products here at the Auto Expo 2023.
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