MUMBAI: Lubes major Castrol and Tata MotorsBSE 0.26 % today said their jointly developed new engine oil-- Castrol RX Super Max Fuel Saver -- can help a truck operator save up to Rs 20,000 per annum in fuel cost.
"This is the first-time ever in the history of Castrol and across the world that an auto-maker has attested our claim of bringing down the ownership cost of truck owners. The new premium lube has proved to bring down fuel intake by as much as 1.5 per cent, which has been seconded by Tata Motors,"Castrol IndiaBSE 1.05 % managing directorRavi Kirpalani told PTI here.
The Castrol RX Super Max Fuel Saver, the first engine oil to be endorsed by an OEM in thw world, is jointly developed by both the companies after a four-year development period, he said, adding that the premium lube is priced at Rs 389 per litre.
To a query on the development cost, Kirpalani said, they have spent over USD 1 million on the product and the commercial association between the two extends to sale and marketing too.