The country's largest carmaker Maruti Suzuki India today said its compact car WagonR has crossed the milestone of 10 lakh units sales mark since its launch in 1999.
WagonR is the fourth model from the company's portfolio that has crossed the 10 lakh units sales mark. Earlier its best selling model Alto, once bread-and-butter car M800 and multi-purpose van Omni achieved this feat.
"It is a very proud moment for us and it gives more happiness because this milestone has been achieved in the domestic market," Maruti Suzuki India (MSI) Chief General Manager (Marketing) Shashank Srivastava told PTI.
WagonR is the second highest selling car in the country after Alto, he added.
"With the launch of the new WagonR, sales have grown for the model. At present we are selling about 15,000 units per month," Srivastava said.
MSI's best selling model Alto currently accounts for over 30,000 units sales every month.
The car, which had undergone many upgradations so far, witnessed a complete model change last year. The company had invested Rs 290 crore before introduction of the new WagonR that is currently priced between Rs 3.36 lakh and Rs 4.24 lakh (ex-showroom, Delhi).
However, the company does not export the hatchback and there is no plan to do so, he added.
MSI at present sells the 998-cc car in petrol, CNG and LPG variants. In 2010-11, the company sold 1.63 lakh units of the WagonR.
Launched in 1999, MSI sold 5,902 units in the first year of production. The company achieved the fastest growth during last financial year.
The WagonR competes with some of the newly launched models, including the Chevrolet Beat, Ford Figo, Hyundai i10 and Volkswagen Polo, among others.