Maruti Suzuki acquires stake in homegrown AI startup Amlgo Labs
Maruti Suzuki India on Saturday announced it has invested in Amlgo Labs Private Limited, an Artificial Intelligence and Machine Learning (AI-ML)-led startup.
Maruti Suzuki India on Thursday said its popular entry-level small car Alto has crossed a ‘remarkable milestone of 40 lakh cumulative sales’.
Launched in September 2000, Alto has been the best most selling car for 16 consecutive years in India, the company said in a statement
“Backed by a strong legacy, Alto is the preferred choice of Indian car buyers with 76% of Alto customers choosing it as their first car. Crowned as India’s best-selling car, Alto could not have achieved this milestone without the unparalleled faith and support from all its valuable customers,” it said in a BSE filing.
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Speaking on the success MSIL Executive Director (Marketing & Sales) Shashank Srivastava said, “Alto has been ranked as the No 1 selling car in India for 16th year in a row and we are immensely proud to announce another remarkable milestone of 40 lakh cumulative sales. This has become a sales record never achieved by any other Indian car.”
“Over the years, brand Alto has established a strong emotional connect with our customers this and has become a strong symbol of Pride,” he added.
“Alto is India’s first entry level car to become BS-VI compliant coupled with the latest crash and pedestrian safety regulation,” MSIL claimed.
It offers fuel efficiency of 22.05 km/l for petrol and 31.56 km/kg for CNG.
The model is currently available at a price range of Rs 2.95 lakh to Rs 4.36 lakh (ex-showroom Delhi).
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