Maruti's new vehicle to launch on January 7

Maruti Suzuki, the country's top carmaker, will launch a new multi-purpose vehicle EECO on January 7, a senior executive said on Wednesday.

The vehicle, available in 5-seater and 7-seater versions, is expected to initially sell 40,000 units annually, chief general manager of Marketing, Shashank Srivastava told reporters.