India is ready to move to BS6 (Bharat Stage VI) emission regulations from 1st April, 2020. With the implementation of new emission norms, the prices gap between petrol and diesel vehicles will be increased further.
The petrol powertrains are easier to upgrade for BS6 emission norms with engine mapping and calibrating ECUs (electronic control units). The diesel motors, on the other hand, will require a new technology for reducing carbon emissions.
Toyota Kirloskar Motor (TKM) predicts that the prices of its diesel models will go up by 15 to 20%. The Innova Crysta MPV and Fortuner SUV are two top-selling models from the Japanese carmaker in India. Read – 2019 Toyota Fortuner TRD Sportivo Launch Announced
As per the carmaker’s prediction, the Toyota Fortuner’s fully-loaded variant that’s priced at Rs 33.60 lakh will get expensive by up to Rs 6.72 lakh and cost around Rs 40.32 lakh. The range-topping variant of the Toyota Innova Crysta will witness price increase of up to Rs 4.69 lakh.
That means, the MPV’s top-spec trim which is now available at Rs 23.47 lakh will cost around Rs 28.16 lakh. The BS6 emission norms, however, won’t hit the petrol models that hard. Read – Toyota Diesel Cars Will Continue On Sell Post April 2020
If we take a look at Toyota’s sales from January to July 2019, the diesel-petrol models’ sales ratio stands at 82:18. In the passenger car segment, the diesel-petrol ratio is around 50:50. In order to increase sales currently, the carmakers and dealers are offering heavy benefits and discount offers.