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European Union (EU) energy ministers have approved a ban on the production and sale of new cars using traditional fossil fuel engines by 2035
Indian CEOs are expecting a decline in growth prospects of companies and the country, but are expecting to bounce back in the short-term, a report said
Initial acquisition cost of hybrid models to be on a par with diesel ones
What are the implications of Rupee staying beyond 80? Is it the beginning of the end of diesel cars in India? Is the recent selling in markets overdone? What is algorithmic trading? All answers here
The local arm of Hyundai Motor has benefitted after some leading manufacturers pulled the plug on diesel models amid tightening regulations
Force Motors has pointed out unscientific and "ill-founded prejudices" against diesel-powered commercial vehicles and has sought free movement of such vehicles inside cities
Union Road Transport and Highways Minister Nitin Gadkari on Wednesday asked vehicle manufacturers to discourage production and sale of diesel engine vehicles, and urged them to promote other technologies. Addressing industry body SIAM's annual convention virtually, Gadkari said the government is committed to delivering vehicles with flex engines that give the users an option to run a vehicle on either 100 per cent petrol or 100 per cent bio-ethanol. "I appeal the vehicle manufacturers to discourage the production and sale of diesel engine vehicles. Diesel-based pollution is extremely hazardous to the environment and human health. "The industry must promote alternative fuel technologies and fund R&D (research and development) for alternative fuels," he said. The minister said he is looking forward to the industry for quick roll-out of E20-compatible vehicles. E20 is a blend of 20 per cent ethanol and 80 per cent petrol. "This will be immensely helpful in cutting our import bill an
Leading automaker Hyundai India on Wednesday said that skyrocketing prices of fuel in the country is increasing the demand for diesel models for the company. Director (sales and marketing) of Hyundai India Tarun Garg said diesel models are 30 per cent more fuel-efficient than the petrol versions which is causing the rise in demand in favour of the former. Speaking to reporters at Domjur in Howrah district, Garg said "Hyundai is concerned about the rise in fuel prices. But since diesel models are 30 per cent more fuel-efficient than petrol versions, there is a hike in demand for the former". He said though 2021 faced the second wave of the pandemic, sales are now back to normal to pre-Covid levels. However, the company is wary of a possible third wave, the official said Garg said that demand for SUVs is going up and Hyundai's share of this category to overall sales is 47 per cent. According to him, Hyundai's market share last year was 17.4 per cent, the highest ever in the company
In Delhi, petrol was hiked by 35 paise from Rs 101.19 per litre to Rs 101.54 per litre. Check today's fuel prices city-wise
Japan's government is considering abolishing sales of new gasoline-engine cars by the mid-2030s in favour of hybrid or electric vehicles
For Creta, the company has already received over 45,000 bookings, with 30 per cent for automatics
But usage is key here since diesel vehicles provide better mileage
Hyundai Motor India bucks the trend, sees uptick in bookings
The fifth generation City, which is all set for debut in the country, will have BS-VI compliant petrol and diesel trims, while the Civic already has a BS-VI petrol engine since March 2019.
From April 1, 2020, BSVI emission norms for automobiles will become mandatory across the country
This October, the company sold over 3,000 cars in the compact and small sedan segments which include the Polo and Vento models
Ahead of the BSVI norms that take effect on April 1, 2020, passenger vehicle makers are pulling out all stops to woo the buyers in a bid to beat the price hike of 8-15 per cent on diesel models
The company has even invested in a plant in India to make diesel engines which is capable of manufacturing diesel BS-VI engines with minimum investment
Moreover, diesel would cost nearly as petrol in coming years
In December 2015, the Supreme Court had banned the registration of all diesel vehicles