With soaring petrol prices, most consumers have decided to switch to diesel engines. Car makers are in search for better fuel options and, in the meantime, have shifted their focus to the production of diesel variants. Petrol has always helped car makers gain better profit margins, but this fiscal year may see a completely different scenario.
Maruti Suzuki launched a diesel variant for almost all its car models. Driven by increasing sales of the Maruti Swift and Maruti Swift Dzire, other car makers like Tata, Mahindra, General Motors, Hyundai, and Ford are also increasing production of the diesel variants of their existing car models.
Both Maruti and Tata have higher gains on their diesel variants. 65% of the sale growth of Maruti cars is attributed to the diesel Swift and Dzire models; whereas Tata is experiencing 75% sale growth attributed to the diesel Indica and Indigo models.
Today, diesel dominates petrol. Will this domination stay for long? Will diesel cars succeed in making their own markets or will diesel be replaced by hybrids and electrics? Only time will tell.
Labels: Diesel, Diesel cars, maruti swift diesel
3 Comments:
That's very obvious that consumers will prefer buying a diesel car when the petrol prices are soaring high. Even the cost price of diesel is raised but that is still affordable by the common man.
I don’t think that at this point of time, we have more options open for selecting the car types, rather than petrol and diesel. Petrol prices are higher in India and diesel is comparatively cheaper. Till the time we don’t get good number of electric vehicles or hybrids, the shift will definitely move towards diesel variants. That’s the main reason why car makers have shifted their production to diesel variants.
I think that diesel cars will survive in the market. No matter with the rising fuel prices the car buyers still opt high fuel efficient cars. There are many car manufacturers entering with their diesel car makes. It might become a tough competition for the car makers. So I think that diesel cars will dominate petrol cars in the Indian car industry.
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