The share of diesel powered cars and utility vehicles in the passenger vehicle sales of India and three other major auto markets — Germany, Japan and Canada — rose in 2024 compared with the previous year, shows data from S&P Global Automotive. The diesel segment has expanded despite the increasing pitch for electric and hybrids amid policy makers’ resolve to cut carbon emission and reduce dependence on fossil fuels.
Why the Demand? Enhanced fuel efficiency, performance and environmental considerations.
EMISSIONS Diesel engines emit about 25% less Co2 during cruising compared to gasoline engines.
Heavy commercial vehicle manufacturer Ashok Leyland has launched the ‘Sarathi Suraksha’ Policy aimed at safeguarding the driver community, which insurance coverage of up to Rs 10 lakh.The policy, classified as an ‘Unnamed GPA (Group Personal Accident) policy’ covers any driver operating an Ashok Leyland vehicle, providing comprehensive protection for the drivers. The comprehensive insurance policy […]
ET Bureau RTF is India’s second-largest producer of automotive fasteners. In one of the largest foreign investment deals in India’s auto parts industry, Fontana Gruppo is buying a majority in (RTF) that will give the Italian company a bigger presence in the Asian market. Both companies confirmed the deal to ET but did not disclose […]
Automobile sales slowed down in May as a combination of factors such as heatwaves, election-related uncertainties and a high base led to a decline in dispatches from the manufacturers to the dealers over the year-ago period, said executives at manufacturers that released the monthly sales figures on Saturday.Automobile manufacturers in India count dispatches to dealers […]
