2 posts tagged “car manufacturer”
Many car manufacturers are joining the ‘green car revolution’ and this time it is the Indian car manufacturer who is planning to go green with its cars. Though it will take some time but the Maruti Suzuki is planning range of CNG hybrids and electric vehicles for the Indian car market in a span of three to five years.
Currently, the car manufacturer is researching the possibility of developing the electric cars for India. Suzuki has already developed a fuel cell technology which currently is undergoing testing with the Hybrid SX4 in Japan in venture with USA based General Motors.
The engine is offered with a mixture of fueled cells and high pressured hydrogen. Besides this the company has also tested the hybrid technology on Wagon R for the Japanese market. Whether the hybrid version of Wagon R will be seen on the Indian roads is still a mystery. All we can do is to hope for the best.
The CNG version cars in India are a very good option because of its low maintenance cost. With many car manufacturers opting for alternative fuel vehicles, the demand is also increasing. The CNG kit costs over Rs 40,000 and it will only become practicable when there is a CNG filling system from companies like Reliance across the country. However, these eco-friendly cars are expected to hit the market 2010 or 2011.
Hyundai seem to be happy as it has made excellent passenger car sales this month. The company has increased its sales by 28.2 % to 36,152 units in July 2008, against 28,204 units in the same month last year.
However the domestic car market sales determined a marginal growth of 0.4 % at 15,066 units in July, against that of 15,003 units in the same month last year.
The car manufacturer has sold 30,614 units of Santro, Getz and i10, 5,504 units of Accent and Verna, 28 units of Sonata Embera and 5 units of its SUV Tucson in the month of July.
Several auto companies sense that it has been a challenging month for the entire car industry with the pressures disturbing market sentiments like inflation, increase in interest rates and fuel prices.