MUMBAI : With new emission norms driving up prices of diesel cars and market leader Maruti Suzuki India Ltd exiting the segment, the share of diesel vehicles in India’s total passenger vehicle production may fall to the lowest level in a decade in 2020, global information provider IHS Markit said.
Among passenger vehicles with gross weight up to 3.5 tonnes to be produced in India in 2020, only 18.5% will be diesel, down from a record 47% in 2013, IHS said in a forecast. The data includes export volumes and domestic sales.
“Drop in the production of diesel cars would be prominent in the A+, B and B+ segments, which can also be categorized as the passenger vehicles shorter than four metres in length.
