Share of of Diesel cars has more than halved since FY2017, with OEMs shift in focus to Petrol Cars with the introduction of BS6 norms.
Shift in Sales of Petrol v/s Diesel Cars –
There has been a major demand shift in the sales of diesel cars. The primary factors have been –
Thinning price gap between Petrol v/s Diesel fuels
Higher Acquisition Cost of a Diesel Car
Comparatively higher maintenance cost of a BS6 diesel vehicle
Volatile Government norms against diesel cars (Ex: rulings such as a 10-year lifetime of a diesel car in the NCR, compared to the 15-year validity for petrol cars)
While Diesel Cars contributed to almost 40% of the overall PV sales in FY2017; the contribution has dropped to less than 18% in H1 FY2021! Only 1,54,992 diesel cars were sold in India during the first six months of FY2021; against a sales of 7,21,049 Petrol + CNG cars in the same period.
Even many OEMs have only Petrol Cars in their portfolio now. It includes the Market Leader Maruti Suzuki and is followed by Renault, VW, Skoda & Nissan.
We present the OEM wise Petrol v/s Diesel Cars Sales Statistics for better understanding –
The Industry Leader Maruti Suzuki has complete dependence on Petrol Cars in post BS6 era. The OEM has now strategically invested resources to push the sale of CNG cars. Almost 11% of the cars sold by Maruti had a Petrol+CNG heart!
Do note that Maruti CNG cars sales almost equaled the overall Kia cars sold in the first six months of H1 FY2021! This signifies the amount of CNG cars sold by Maruti in the said period.
Hyundai had a pretty significant volume from Diesel Car sales. Hyundai was also the only OEM in India to have a representation in all 4 forms (Petrol / Diesel / Electric / CNG).
Hyundai too followed Maruti’s footsteps in terms of pushing CNG cars. However; it was able to garner only 3.5% of its overall volumes from CNG cars. PS: Only 3 Hyundai models are available in CNG avatar (Santro, Grand i10 & Aura); vs 7 models in Maruti.
Owing to Nexon EVs popularity; Tata was able to extract almost 2% of its sales from Electric Cars (Nexon EV & Tigor EV). Tata also lowered its dependency on diesels and over 83% of the Tata’s sold were Petrol cars.
Mahindra as an OEM has the highest reliance on Diesel Cars! Even in the BS6 era; over 91% of the Mahindra’s were Diesels.
Kia had almost equivalent share of Petrol v/s Diesel cars. This has made many Industry Gurus wonder that Diesel Cars are here to stay and the Indian Consumer shall just not shy away from buying Diesel Cars. In the later posts we shall show the modelwise bifurcation too for clarity.
OEMs with highest dependence on Diesel Cars – Sl NoOEMDiesel%1Mahindra92%2Toyota66%3Ford64%4FCA52%5Kia46%6MG42%7Hyundai25%8Tata15%9Honda13%10Maruti0%11Renault0%12VW0%13Skoda0%14Nissan0%
OEMs with highest dependence on Petrol Cars – Sl NoOEMPetrol%1Renault100%2VW100%3Skoda100%4Nissan100%5Maruti89%6Honda87%7Tata83%8Hyundai72%9Kia54%10MG53%11FCA48%12Ford36%13Toyota34%14Mahindra8%