The committee to review petrol and diesel vehicles in the Mumbai Metropolitan Region will be headed by a retired IAS officer, and shall submit its report along with recommendations within three months.
Mercedes-Benz India's Roland S Folger, Managing Director and Chief Executive Officer, says the company was able to move petrol variants allocated for other markets to India after news of the diesel ban in Delhi-NCR regions. These petrol variants compensated for potential losses to a large extent, he says.
Tata Motors is talking to Iran Khodro Company for a joint venture to assemble knocked down units of the petrol versions of its models, including the latest compact car Tiago, Bolt and Zest, which are powered by the company's new Revotron petrol engines, sources said.
Jagdish Khattar, CMD, Carnation Auto says it is unfortunate that the issue of pollution is being dealt with in this manner. There are anyways very few cars above 10 or 15 years, he adds. Besides not all old cars are polluting the environment, he told CNBC-TV18.
Utility vehicle maker Mahindra and Mahindra (M&M) was eyeing smaller vehicles in the sub-4 metre range. It is also working on developing smaller petrol engines with Ssangyong Motor Company, Pawan Goenka, President of Automotive and Farm Equipment Sectors at M&M told CNBC-TV18.
CNBC-TV18's Ronojoy Banerjee reports the demand for petrol cars is in tandem with the fall in sales of diesel vehicles. And this has prompted Maruti to suspend the production of its diesel vehicles on Friday.
Terming the proposal to levy vehicle tax on diesel cars as a regressive step for industry, General Motors (GM) today said that industry body SIAM and company has recommended Rs 1 per litre hike in diesel prices to the Government, with a view to end market distortion.