nexa which sells vehicles like grand vitara ciaz and ignis contributed over 23 of the total sales of maruti suzukiindias largest carmaker maruti suzuki is targeting to make its premium retail brand nexa the secondlargest automobile brand in terms of sales by next year a top company executive said nexa which sells vehicles like grand vitara ciaz and ignis contributed over 23 of the total sales of maruti suzuki they clocked a 10 market share of the overall passenger vehicle market in india the premium retail brand from maruti suzuki has grown by 47 this year advt shashank srivastava senior executive officer marketing and sales maruti suzuki india said we are hopeful that nexa which is currently at number 4 in the industry in terms of sales we are hopeful to make the second largest brand in the auto industry next year we are expecting to close nexa this year at around 370000 units against 255000 units that we did last year a growth of 4748the company is expecting the bull run with the launch of compact suvs fronx and jimny suv which are scheduled for launch in april and later this year respectively srivastava said well have fronx which comes in the compact suv space which also should see large numbers but the reason im not able to pinpoint the exact number is that we have yet to announce the price and start the sale i expect jimny volumes to be smaller because its more of a niche lifestyle vehicle however srivastava is confident to sell baleno and fronx in large numbers next year the company has so far received as many as 40000 bookings for fronx and jimny since their unveiling at auto expo 2023 next year with the new models we expect the sales to be even higher and close to 6 lakhs it means that the volumes will be substantial and we would obviously require a more extensive penetration in response to those larger volumes currently we have 460 outlets covering about 280 cities and we would expect these numbers to increase he saidthis will also help the company to expand its market in the suv segment which currently stands at 11 advt our projections for suvs next year is about 25 we have achieved 175 in february because of the better availability of brezza and vitara suv success is very important and suvs are sold in nexa and arena srivastava added read alsothe sustainer opens ev charger store in mumbaihonda to launch new car every year till 2028 in indiamaruti to hike prices in april says imperative to pass cost pressuretata motors steps up ev play plans exclusive outlets by deepanshu taumar etauto published on mar 24 2023 at 1254 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to