Maruti Baleno has been the most affordable-selling car in the premium hatchback segment since its launch in October 2015. The market has been fighting the Hyundai Elite i20 and Honda Jazz, but the two have been at the forefront of sales. However, since the launch of Toyota Glanza, Baleno's sales performance has been showing an impact. Let us know in full detail
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For your information, Maruti Baleno received 13,689 buyers last month, a decline of 23% as the figure stood at 17,850 units over the same period last year. While this decline in sales may be due to the general slowdown in the market, the start of Toyota Glanza's sale can also be considered an important part.
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Toyota Glanza is nothing but a Maruti Baleno supplied to TKM from Suzuki Motor Corporation's Gujarat based plant. Last month, Glanza sold 1,919 units. There is a reasonable possibility that the introduction of the Baleno-based hatchback has put a dent in the sales performance of the donor vehicle.
