Renault Company has to stop selling its Diesel Vehicles by 2020
Many international and national car manufacturing companies decided to stop the selling and manufacturing of diesel cars very soon. According to the following footsteps of market leader Maruti Suzuki, French carmaker Renault has decided to stop selling diesel cars in India after April 2020.
Renault has taken this decision because according to their CEO “Diesel is naturally decreasing. Today, there is a clear regulatory approach. We have decided to limit the development of diesel.” He also said that the company will stop selling diesel cars in India from next year.
In recent news, Maruti Suzuki announced that they would stop selling diesel vehicles as they cost very high. So, this is also the main reason to stop the selling of diesel cars in the market of India. Renault is the second carmaker company who decide to stop the selling of diesel car in India by next year.
in the coming year by April, Indian Automobile will upgrade to BS-4 to BS-6 emission standard for the automobile. This upgrade in vehicles will defiantly cost them high because all the machinery will change and it will cost expensive to fit in the new design by the companies.
The price will vary defiantly by next year. The price difference between petrol and diesel variants of a small car is around Rs 1-1.5 lakh. Once the BS-6 norms come into effect, the price gap between the two variants will be the range of Rs- 2-3 lakh.
According to the analysis of SIAM and research agencies, from a high of 53% in 2013, the share of diesel cars has fallen to around 20% in 2019, but if we talk about the variant of petrol the car’s has risen to over 65%.
And if we talk about the stoppage of the diesel variant by Renault then instead of the diesel variant they are planning to introduce electric vehicles in the future. According to Bollore EO of Renault, he said that” EVs would be part of the strategy when Renault targets to double its annual sales to two lakh inits by 2022.