business ๐ Maruti launches new SUV to challenge Tata Punch
Maruti is planning to launch a new SUV, codenamed Y34, to directly compete with the popular Tata Punch. This upcoming model is expected to potentially replace the Ignis in Maruti's current lineup. It will be a sub-4m SUV, likely positioned below the Fronx and could be sold through Nexa dealerships. The SUV is anticipated to feature upgrades like a 10.1-inch touchscreen and six standard airbags. Launch is expected in late 2027 or the first half of 2028, priced between Rs 6.5 lakh and Rs 11 lakh on-road in Mumbai.