co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
Lance Bennett, vice president of sales and marketing, Mercedes Benz India, said that well-heeled customers prefer diesel versions and such vehicles contribute 55 percent of total sales at the company
While the proportion of diesel vehicles is expected to come down in the long term, auto analysts do not foresee a complete wipeout of this powertrain. JATO Dynamics predicts the share of diesels will come down to 15 percent by 2024-end, and dwindle further to 7.5 percent by 2030-end
According to Shailesh Chandra, MD of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, diesel vehicles could come under pressure after the implementation of BS-VII
Diesel is an important powertrain option for SUVs, for which demand persists. Besides, according to the company, the fuel is no longer considered `dirty.’
M&M feels EV demand cannot grow in a significant way unless charging infrastructure builds up at scale, which requires deep penetration into rural markets.
More and more auto makers are shying away from investing in small diesel engine technology owing to high development costs and dying consumer demand.
The company has set up a manufacturing facility in the Shendra Industrial Estate in Aurangabad, along the Delhi Mumbai Industrial Corridor (DMIC).
Operating profit (earnings before interest, tax, depreciation and amortisation) was up 6 percent to Rs 201 crore and margin expanded by 30 basis points to 16.8 percent compared to same quarter last year.
The US Environmental Protection Authority (EPA) said late on Monday VW used devices to rig air-pollution tests in 3.0-litre diesel engines mostly found in Audis and Porsches -- the company's biggest sources of profit.
This recall will affect 1.5 litre Polo GT TDI, 1.5 litre Polo Cross TDI, 1.5 litre Vento TDI, 2.0 Litre Jetta, 2.0 Litre Passat and will include 20,000 units of India-made diesel cars.
India's largest passenger car maker Maruti Suzuki is planning to launch 2 new diesel models by 2014-end and Japanese parent Suzuki is developing 2 engines in-house for India, to cash in on the increasing demand for diesel vehicles in the country.
Maruti Suzuki's board has approved a proposal to merge Suzuki Powertrain India (SPIL) with the India's largest passenger car maker.
Maruti Suzuki chairman RC Bhargava says they aim to expand production to Gujarat from 2015 so as to introduce a diesel line in Gurgaon.
Japan's Suzuki Motor Corp said on Friday it had served Volkswagen with a notice of a breach of contract for not allowing it access to technologies promised as part of their partnership agreement.
