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Maruti Suzuki Sees 40 Per Cent Jump In CNG Bookings, Says Partho Banerjee

Maruti Suzuki has reported a nearly 40 per cent rise in CNG model bookings, with growing interest in both hatchbacks and SUVs despite higher CNG prices.

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Key points generated by AI, verified by newsroom
  • CNG car bookings surged 40% after PM's fuel conservation message.
  • Wagon R and Vitara Brezza CNG models show significant consumer interest.
  • Rising petrol prices drive consumers towards more economical CNG options.

Partho Banerjee, Senior Executive Officer, Sales & Marketing, MSIL, has said that CNG models are seeing an increase of bookings of around 40 percent after our PM's message of conserving fuel. Bookings for CNG models have gone up daily by 40 percent and despite an increase in CNG prices, interest is soaring in CNG versions of small hatchback cars.

The Wagon R CNG for example has 50 percent interest amongst total Wagon R sales. Plus at the higher midsize SUV space, the Victoris CNG for example is also receiving strong traction with its underbody CNG tank concept removing the issue of low boot space.

Maruti Suzuki is also attracting diesel SUV customers and here CNG makes more sense considering issues like Delhi NCR's limited diesel vehicle ownership and more.

Also Read : VinFast’s Green SM Enters India, Takes On Ola And Uber With EV-Only Fleet

Fuel Prices Drive Consumer Shift

Sales of CNG cars have grown up in May with rising fuel prices being the reason for the growth with petrol prices being a strain on the wallet for the car owners. Maruti Suzuki also has a wide range of CNG models in its portfolio including small cars to bigger models like the Victoris.

Going forward, the carmaker will bring many new models to the Indian market from its CNG portfolio and will keep the momentum. Maruti Suzuki has been focussing on the CNG portfolio with many new models while features like an underbody CNG tank add to the convenience factor which helps in increasing consumer interest around CNG cars.

Also Read : Who Won May’s Auto Sales Race? Tata, Mahindra And Maruti Tell Different Stories

Maruti Suzuki Bets on CNG Growth

At the small car end of the segment, higher fuel prices are making car buyers turn to CNG with Maruti Suzuki having the largest market share along with an uptick in sales.

Frequently Asked Questions

Why are CNG model bookings increasing?

Bookings for CNG models have increased by about 40 percent following the Prime Minister's message on fuel conservation. Rising fuel prices, especially for petrol, are making CNG a more attractive option for car owners.

Which Maruti Suzuki models are seeing strong CNG interest?

The Wagon R CNG is experiencing significant interest, making up 50 percent of total Wagon R sales. In the SUV segment, the Victoris CNG is also gaining traction, particularly due to its underbody CNG tank design.

How is Maruti Suzuki addressing the needs of diesel SUV customers with CNG?

Maruti Suzuki is attracting diesel SUV customers to CNG, especially considering factors like Delhi NCR's restrictions on diesel vehicle ownership. CNG offers a more sensible alternative in such markets.

What is Maruti Suzuki's future outlook for CNG models?

Maruti Suzuki plans to introduce many new CNG models to the Indian market and aims to maintain the current growth momentum. The company is focused on expanding its CNG portfolio and enhancing convenience features like underbody CNG tanks.

About the author Somnath Chatterjee

Somnath Chatterjee has been working as an automobile journalist for the better part of a decade and is still in love with four wheels. Prefers being behind the wheel of a new car rather than a keyboard. He contributes expert Auto articles and guides for ABP Live English.

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