India’s largest car manufacturer and second largest car exporter is ready to phase out Maruti Suzuki Versa in India. It will launch the new Maruti Omni O2 in India to replace its Versa model. The new Omni O2 will be launched by end 2009 or early 2010. Maruti Versa had been experiencing extremely poor sales since past few months and in December 2008, Maruti managed to sell only 28 Versa in India.
Omni is one of the most popular vans in India and had helped Maruti to capture a large market share in India when it was launched decades ago. The current model of Omni was built on M800 model but the new model will be built on Versa platform. The new Omni O2 will be placed at a premium over the existing one when it hits the showrooms in India which will be most probably end of this year or early next year.
Maruti has recently launched A-Star which has been quite successful in the small car segment. This year Maruti is planning to launch Splash which will be an additional model in its small car product portfolio.