- Maruti Suzuki India Limited (MSIL) reported encouraging the trend towards the adoption of BS-VI-compliant petrol cars-even if with a tad higher cost.
- Maruti Suzuki has recorded record sales of 3 lakh units across eight of its petrol models since the release of its first BS-VI model in April 2019.
The ground appears all set for a swift roll-out of the new Bharat Stage-6 emission standards from April 1, 2020, as the largest carmaker, Maruti Suzuki India Limited (MSIL) reported encouraging the trend towards the adoption of BS-VI-compliant petrol cars-even if with a tad higher cost.
Maruti has recorded record sales of 3 lakh units across eight of its petrol models since the release of its first BS-VI model in April 2019. Maruti, enthusiastic about the response to his BS-VI models, has completely stopped the production of BS-IV versions of all these eight models with the stock dropping to nearly zero.
“We have stopped manufacturing BS-IV petrol cars for which we have an updated BS-VI version available. BS-IV stock is over for us and we are proud to have sold more than 3 lakh BS-VI petrol cars in the last six months beginning in April 2019. This is a very significant proof that BS-VI vehicles have been approved,” said Shashank Srivastava, Executive Director, Marketing & Sales, MSIL.
Srivastava also added that the BS-VI petrol car accounts for more than 70% of the total petrol car sales of the company.
Srivastava commented on the stock that festive months around Diwali now helped to lower inventory pressure from 45 days to 30 days. “We can’t allow BS-IV stock to be built up because we can’t sell it after April 1. So we started to introduce retrofitted BS-VI models from April and now we’ve got a total of 8 BS-VI models. Our BS-IV stock is almost over and we’re now just producing BS-VI vehicles in these eight models.”
MSIL has the widest range of BS-VI petrol cars with eight of its current brands including–Baleno, Alto 800, Wagon.
Srivastava reiterated the company’s decision to discontinue the production of all diesel car models as of April 1, 2020, for diesel versions. The business is also planning to introduce the famous Vitara Brezza and S-Cross petrol variants in the next year.
“Diesel Brezza and S-cross production will continue for a couple of months, but we’ll have to stop it before April 1. We’re preparing to release petrol versions of these diesel models by next quarter. But if we notice customers still prefer/larger diesel vehicles, then we’ll be able to look at developing a BS-6 diesel engine at a later stage.
But Srivastava said the company remains “cautiously optimistic” about near-term sales growth even though the October numbers were encouraging. “We have to wait and watch if the worst is over or not for the next few months.”