Maruti launches Ritz

Maruti today launched the RitZ hatchback in india. Available with two engine options – petrol and diesel and five variants. Ritz is priced between Rs 3.90-4.99 lakh.  Maruti added that these are introductory prices. “Ritz is our parent Suzuki’s fifth global model and it will be the first Bharat Stage-IV emission norms compliant Indian car. We have launched it at the beginning of the fiscal and we hope it will bring excitement in the market,” Maruti Suzuki India Managing Director and CEO Shinzo Nakanishi. “Also higher level of localisation helped us in reducing the cost. Ritz has 85 per cent of localisation in components,” Nakanishi said. The petrol version of Ritz would be available in three variants in the price range of Rs 3.90 lakh to Rs 4.80 lakh, while the diesel engine car would be available in two variants between Rs 4.65 lakh and Rs 4.99 lakh.