Leading passenger car manufacturer Maruti Suzuki has admitted for the first time that the launch of Tata Motor’s Nano would marginally affect the sales of its flagship model M800.
Reports quoted that the company could be forced to stop producing the M800 model by next year after stricter emission norms come into effect.
The current M800 model is Bharat Stage III (BS III)-compliant and the company would have to invest heavily in the engine assembly to upgrade it to meet the BS IV norms.
Maruti’s chairman R C Bhargava stated that the company is neither having any plans of cutting the prices of the M800 model or the Alto model nor is it planning to enter the segment being created by Tata’s Nano.