Reinforcing the success of Auto Gear Shift technology, Maruti Suzuki India (MSIL) today announced that sales of its vehicles equipped with Auto Gear Shift technology (AGS) have crossed 50,000 units.
AGS technology was introduced in India through Maruti Suzuki Celerio, which was launched in February 2014. It was an instant success, offering the convenience of an automatic transmission with the fuel efficiency of a manual transmission. It is also attractively priced and easy to maintain compared to conventional automatic transmission.
AGS was subsequently introduced in Alto K10. Today vehicles equipped with AGS account for 25% of sales of Celerio and Alto K10 put together.
R S Kalsi, executive director, marketing & sales, Maruti Suzuki said, "Auto Gear Shift technology's distinct attributes such as affordability and convenience of driving in stop-go traffic conditions without any compromise on fuel efficiency have led to the popularity of this technology across India."
AGS vehicles are popular across the country particularly in markets like Delhi NCR, Mumbai, Ahmedabad, Bangalore, Chennai, Hyderabad and Kochi.
Shares of the company gained Rs 29.8, or 0.67%, to settle at Rs 4,500.75. The total volume of shares traded was 173,012 at the BSE (Wednesday).