NEW DELHI: Road transport and highways minister Nitin Gadkari could also be making a case to tax diesel vehicles extra as he pitches comparatively greener applied sciences, however a take a look at the trade’s numbers exhibits that diesel has already misplaced sway with consumers.
According to knowledge sourced by TOI for April-August 2023 interval, the share of diesels has come right down to 0.5% for passenger vehicles and 0 for sedans as shoppers opted for petrols, CNGs, and to a really small diploma for hybrids and electrics. Although diesel fashions quantity to 33% of sales for SUVs, their share has come down from 97% in 2013-14.
Diesels, which as soon as dominated the roost within the Indian passenger car market as a consequence of larger gas effectivity and higher torque, have been on a downward spiral over the previous decade, following opposed motion by courts, regulators, and even tax authorities, who’ve blamed it for rising air pollution throughout many cities. While the federal government has stipulated strict norms for emissions from diesel engines, together with in BS6 tips, these autos have been ordered to have a 10-year lifespan within the Delhi-NCR area whilst different autos take pleasure in 15 years.
Shashank Srivastava, director (sales & advertising and marketing) at Maruti Suzuki, stated the corporate was among the many first ones to have noticed the pattern of declining diesel demand, and thus halt manufacturing. “Today, petrols, hybrids, and CNGs are much more practical and preferred by car owners. CNG has been growing rapidly and we see it as the diesel alternative for buyers.” For Maruti, the share of CNGs to its whole sales is 25% at current, and has been rising quick.
However, many firms who’ve diesels of their portfolio say it’s nonetheless helpful for his or her sales, particularly SUVs. “As we see it, demand remains strong for our diesels. Consider this: if waiting on our petrols is around four weeks, that on diesels is 10-12 weeks,” Tarun Garg, COO of Hyundai in India, stated. “In Creta, 42% of total sales are through diesel, and the same is 66% for Alcazar, 61% for Tucson, and 21% for Venue. We will continue to have diesel in our portfolio and get more cars.”
Santosh Iyer, MD of Mercedes-Benz India, stated sales of diesels is round 55% within the firm’s portfolio. “We still get significant demand for diesel and will continue to have them, even as we gradually transition to electrics, which are currently 5% of our sales.”
According to knowledge sourced by TOI for April-August 2023 interval, the share of diesels has come right down to 0.5% for passenger vehicles and 0 for sedans as shoppers opted for petrols, CNGs, and to a really small diploma for hybrids and electrics. Although diesel fashions quantity to 33% of sales for SUVs, their share has come down from 97% in 2013-14.
Diesels, which as soon as dominated the roost within the Indian passenger car market as a consequence of larger gas effectivity and higher torque, have been on a downward spiral over the previous decade, following opposed motion by courts, regulators, and even tax authorities, who’ve blamed it for rising air pollution throughout many cities. While the federal government has stipulated strict norms for emissions from diesel engines, together with in BS6 tips, these autos have been ordered to have a 10-year lifespan within the Delhi-NCR area whilst different autos take pleasure in 15 years.
Shashank Srivastava, director (sales & advertising and marketing) at Maruti Suzuki, stated the corporate was among the many first ones to have noticed the pattern of declining diesel demand, and thus halt manufacturing. “Today, petrols, hybrids, and CNGs are much more practical and preferred by car owners. CNG has been growing rapidly and we see it as the diesel alternative for buyers.” For Maruti, the share of CNGs to its whole sales is 25% at current, and has been rising quick.
However, many firms who’ve diesels of their portfolio say it’s nonetheless helpful for his or her sales, particularly SUVs. “As we see it, demand remains strong for our diesels. Consider this: if waiting on our petrols is around four weeks, that on diesels is 10-12 weeks,” Tarun Garg, COO of Hyundai in India, stated. “In Creta, 42% of total sales are through diesel, and the same is 66% for Alcazar, 61% for Tucson, and 21% for Venue. We will continue to have diesel in our portfolio and get more cars.”
Santosh Iyer, MD of Mercedes-Benz India, stated sales of diesels is round 55% within the firm’s portfolio. “We still get significant demand for diesel and will continue to have them, even as we gradually transition to electrics, which are currently 5% of our sales.”
