Scarcity of fossil fuels has left the car industry in grief. At the time when the global recession is mocking at the troubling economy, the issue of fuel deficiency around the globe is alarming the car industry of future cyclone.

The fuel prices are fluctuating now and then. No one knows when the economy will get stable and so are the fuel prices. Once it regains its normal stage, the prices would definitely go high with extra burden on pockets.

As a solution to this, many car manufacturers are rolling out cars that run on fuel other than conventional petrol or diesel. Manufacturer’s concern over fuel depletion has given birth to many new technologies that support the use of alternative fuels. To overcome the future trouble, the auto industry has invented alternatives like the LPG (liquefied petroleum gas), CNG (compressed natural gas), hybrid cars, electric cars, bio-fuel (ethanol, bio-diesel), hydrogen-and air-powered cars.

Among these, CNG and LPG cars are getting attention due to their low running cost. Also, these cars rejoice Government’s interest as they are light on environment. Therefore to take advantage of these, car manufactures are fast developing and introducing these cars in the car market. Car manufacturers like the Maruti, Tata, and Hyundai have already released CNG and LPG version of their car models.

Now, General Motors is all set to add the LPG version of Chevrolet Spark and the CNG version of Chevrolet Aveo in its car portfolio. Both these cars presently doing good business in the Indian market and the new variants will definitely increase their market share.

General Motors is gradually expanding its network in the country inspite of its troubled position in the home town. With a view to capture more consumers, it has also intelligently ventured into the used car business which has a great potential in the price conscious Indian market.