The rising fuel prices are deterring a lot of potential customers from even entering the showrooms, forget buying the cars. This festive season of Diwali was a major disappointment as almost all manufacturers showed lack luster sales.
However, because the government is quiet on what the future diesel prices will be, everyone is confused about the future of the Indian automobile market – Will diesel drive the future? Will the government impose more taxes on diesel cars? Will petrol return to the normal prices? So many questions and absolutely no answers.
Due to this uncertainty, Hyundai has backed off their diesel car plans. But Maruti Suzuki has decided to take a different route for the time being.
The company has shifted focus on CNG cars to make sure that the customers who are entering the showrooms are not disappointed.
Considering Maruti Suzuki already sells CNG versions of Alto, WagonR, Estilo, Eeco and SX4, the company should be developing CNG versions of their 2 most popular product – Swift & Swift Dzire. However, because CNG is currently limited to only NCR region, Gujarat and Mumbai, the company feels that the government is favoring the adoption of CNG cars.
Maruti Suzuki is also working on making its hybrid technology available to the masses. The company has formulated a dedicated team which is finding cost effective solutions in hybrid electric vehicle and electric vehicle development for Indian customers’ needs.