Commodities● Neutral
Maruti Suzuki eyes 30% jump in CNG vehicle sales to 9 lakh units
Q1 CNG sales surged 58% to 2.2 lakh units. SUVs now drive demand with over 50% of Victorisv sales from CNG variant, Banerjee said.
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Maruti Suzuki India is targeting about 9 lakh CNG vehicle sales this fiscal year, a near 30% increase from the 7 lakh units sold in FY2025-26, according to senior executive Partho Banerjee. The company sold 2.2 lakh CNG units in the first quarter alone, up 58% from a year earlier, Banerjee told PTI.
Demand for compressed natural gas vehicles has broadened beyond small cars and vans. Banerjee said more than half of the sales for the new Victorisv SUV come from the underbody CNG variant. That trend pushed Maruti to introduce the same underbody CNG system in the recently refreshed compact SUV Brezza, which now gets idle start-stop technology and a six-speed manual transmission. The company claims a fuel efficiency of 26.9 km/kg for the Brezza S-CNG.