Car companies plan more models with CNG and LPG variants
In a bid to save the market position and to secure unaltered position the car manufacturers are focusing on providing fuel efficient cars with CNG and LPG versions. The companies busy in this plan are Maruti which has drafted proposal for a CNG to launch dual-fuel cars in its existing 5 models like Alto and WagonR. Hyundai, General Motors and Toyota are the other major players involved in supplementing the products with dual-fuel. The car makers anticipate a higher growth in dual-fuel products for the reason of less operating cost- the comparative cost of fuel per kilometere is Rs3.44 on petrol, Rs2.35 on diesel and Rs1.31 for petrol-CNG. The companies get the sale boost of 15-20% per year by way of these dual-fuel vehicles. The official from GM said that the scope is wide for this dual fuel and he is fully aware of this with GM’s Spark mini(petrol), Optra and
Aveo on CNG. Under the prevailing conditions the manufacturers may need to offer alternate fuel option to the customers. There will be an LPG version of Beat before this year end.