Demand for petrol run cars surges-up

The Indian automobile industry, which has been going through a robust growth phase since the starting of year 2010, is struggling to meet-up with the sudden increase in the demand for petrol run cars. Interestingly, the news came at a time when auto-biggies in the country are mulling the option of launching the diesel versions of their popular cars so that they can pace-up with mounting demand backlog.

The sale of petrol variant is surging though the diesel run cars still sell more in sheer numbers, as per a statement given by Mr Shashank Srivastava, Maruti’s chief general manager (marketing), to a leading business news daily. Mr Srivastava added that petrol run variants forms around 37% percent of the total sales of the Maruti Swift models in the Indian market which has increase by 5% percent as compare to the last years sales.




However, the diesel variants of popular cars in India like Maruti Swift, Skoda Fabia, Ford Fiesta and Maruti Swift Dzire are still attracting a higher number of buyers as compare to their petrol counterparts. While conversely, the petrol versions of comparatively new cars in the Indian market like Ford Figo, Volkswagen Polo, Hyundai i20 and Maruti Ritz are providing a neck to neck fight to their diesel counterparts.

According to market analysts, as the gap between petrol and diesel prices has been narrowed-down in last few months, many prospective buyers of diesel variants are now moving towards petrol versions. While exactly four years back in June 2006, the gap between petrol and diesel price was around Rs 15 in national capital, the current difference between both of these fuels is only Rs 11.56. difference.

Source:- Demand for petrol run cars surges-up - New Cars

Posted in: Auto industry