Maruti Suzuki looking at CNG to fill space vacated by small diesel engine cars

26 Aug 2019 Evaluate

Maruti Suzuki India is looking at CNG option to fill in the space vacated by small diesel engine cars in future. In April 2019, the company had announced that it would stop selling diesel cars from April 2020, when BS-VI is implemented in the domestic market, citing feasibility issues after cost escalation due to the new emission norms. At the time of announcement around 23 percent of all the units sold by the company in the domestic market were diesel cars.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.

Maruti Suzuki Share Price

12613.10 92.80 (0.74%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Maruti Suzuki 12613.10
Mahindra & Mahindra 1921.35
Mercury Metals 79.98
Hindustan Motors 16.65
Suzuki (India)
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.