Suzuki Motor Corp said it was no longer gung-ho about India's auto market, the world's fourth-largest, where it has seen relentless growth in the past seven years.

Suzuki rethinks promise of India's auto market, and it is not alone

India's strong diesel demand growth is decoupling from the car market as motorists increasingly turn to gasoline vehicles, leaving it more reliant on patchy demand from construction and heavy industry.

India's diesel demand set for detour as drivers switch to gasoline

According to data released by the Society of Indian Automobile Manufacturers, passenger vehicle sales in India dropped 17% in April, the worst monthly fall in almost eight years. High insurance costs, weak sentiment and a liquidity crunch have caused a dent in sales.

Passenger vehicle sales drop 17% in April – worst monthly fall in nearly eight years