Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Or Login with

Sign In with google

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

Diesel cars demand goes down

December 27, 2012, 05:15 PM IST by Pratheek Kunder
3130 Views
3 comment(s)
Diesel cars demand goes down

After months of great demand and one of the reason of growth in Indian automobile industry this year, demand for diesel cars have finally gone down. Blame it on the reduced price gap between diesel and petrol and the confusion over fuel policies.

The government was planning to slap a special tax on diesel cars. The plan was to impose Rs 1.70 lakh on small diesel cars and Rs 2.55 lakh on medium and large diesel cars like sedans and SUVs to keep a check on dieselisation, thanks to the widening gap between petrol and diesel.

"The new trend is that even diesel vehicles are not moving that fast and dealers of most diesel models are stuck with stocks," said Ashok Khanna, senior executive VP and business head, auto loans, HDFC Bank.

"December is traditionally a dull month and this year has been slow till four-to-five days ago when the flows began to pick up speed. The footfalls in dealerships are not going up as expected — buyers seem to want to defer their purchase."

Uncertainty over the fuel policies has taken consumers’ confidence away from buying new cars due to which the cars which had waiting for months are now sold with discounts.

Show CommentsHide Comments
Ad
  • Upcoming Cars

MG HectorMG Hector

27th Jun 2019

18L - ₹ 23L
Hyundai Kona EVHyundai Kona EV

9th Jul 2019

25L - ₹ 30L
BMW X7BMW X7

25th Jul 2019

80L - ₹ 1.20Cr
BMW 7 Series FaceliftBMW 7 Series Facelift

25th Jul 2019

1.22Cr - ₹ 1.40Cr
Renault TriberRenault Triber

Aug 2019

5L - ₹ 7L
All Upcoming Cars
Ad
MG Hector

Price Reveal In:

  • 00DAYS
  • 00HRS
  • 00MINS
Know More

Select your city to avail offers

Currently available only in