NEW DELHI/MUMBAI: Diesel might lose its share in fuelling the passenger car segment in the near future but the key transportation fuel will continue to dominate the multi-utility and sports utility vehicles in the medium term.
Industry watchers opined steep price differential between petrol and diesel vehicles post BS-VI transition which will be more evident in small cars and compact UV segment.
“In any existing diesel model, introduction of BS-VI engine can be a costly affair which unless justified with volume, may not make good business sense,” MG Motor India President and MD Rajeev Chaba said.
Chaba added that MG is committed to provide diesel option to its customers during 2020 and beyond.
The new emission norms will come into force from April 1, 2020. Last month, passenger car major Maruti Suzuki said it will stop selling all diesel fuelled cars from April 1, 2020 as new emission norms kick in from next year.