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The prices of petrol-powered vehicles are expected to increase after the transition to the second phase of BS-VI emission norms.
The significant increase in sales of sports vehicles, combined with the increase in the average price of vehicles in the country over the past three years, has prompted both companies to invest in technology despite the market leader Maruti Suzuki, Renault-Nissan and the company. The Volkswagen Group chose to stay away from the category after April 2020.
The share of SUVs in overall passenger vehicle sales in the local market doubled to 40% in the five years to FY22. Diesel fuel with its better pulling power has traditionally been the fuel of choice in this segment, especially in the higher end markets. Diesel variants contributed 64% to mid-segment SUV volumes and as much as 94% in high-end SUVs by 2021. The ratio remains similar today.

To be sure, the share of diesel vehicles in overall car sales has dropped to 18% from 29% in FY20. India has stepped into the BS-VI standard from April 2020 leading automakers to stop diesel engines in 42 hatchbacks, sedans and SUVs. But the percentage of sales in the growing market has mostly been stable over the past two years, industry executives said.
A senior industry executive who did not wish to be quoted said that unlike in the past, when consumers used diesel for cost efficiency, today’s buyers choose diesel cars because they deliver higher torque and power.
In fact, almost two-thirds of the sales for the newly launched Mahindra Thar and Mahindra XUV700 came for the diesel variants. In Scorpio, the percentage is higher than 75%, said industry sources.
Tata Motors, which offers its best-selling SUVs Harrier and Safari with only diesel engine options, said diesel will continue to have a strong presence in the company’s portfolio even after the implementation of BS VI (II) norms.
Rajan Amba, Vice President of Sales, Marketing and Customer Service of Tata Motors confirmed: “There is a market for diesel vehicles, some companies find it impossible to change but not so in our case. For the upgrade.” Meanwhile, Toyota Kirloskar Motor (TKM), which has suspended bookings for the diesel variant of the Innova due to shortage of components, said last week that it will continue to sell the diesel Innova Crysta in addition to the petrol and hybrid variants of the Innova Hycross due to high prices. requirements.
“The reservation has been placed; we cannot confirm the delivery date for our customers. We have temporarily suspended the reservation, but will reopen it soon,” said TKM director Masakazu Yoshimura.
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