From the month of May the petrol prices has Increased significantly and now Top automobile manufacturing companies like Maruti,ford,and others are now facing serious loss in business as people are now opting for diesel cars and petrol cars are facing serious challenges as now nobody is applying for petrol car.As companies like maruti and ford are facing challenges ,On the other side companies like Mahindra has increased its sale by 28.2 % and Tata motors by 31 % so these both comapnies are now in profit.
Luxury car Manufactured from company Audi are now getting good reviews . Maruti suzuki has 45 % sale in automobile industry but in last month t fell by 5 %.
Audi has now selled it's 450 cars and total 10 % increment in it's sale.
The world is now opting for diesel cars and in the near future petrol and diesel rates will be same and it is not so far approximately by 2020 diesel and petrol rates will be same.
Fuel hike may make petrol cars cheaper.
ReplyDeleteDemand For Diesel Vehicles To Shoot Up : Expect the discounts on petrol cars to get sweeter, and the waiting list on diesel cars to be longer. The steep Rs 7.50-hike in petrol price is set to further fuel the demand for diesel models as the fuel’s lower running cost and steady pricing will add to its attraction. While sentiment in the car market remains weak — hit by inflation, slowing economy and pinching petrol price — diesel models will be the only succour for carmakers and buyers. Companies are complaining of tremendous pressure as their vast petrol capacities remain idle and diesel demand remains unfulfilled.