Petrol car sales to fear downfall due to price hike

Just like the aftermath of Tsunami, Petrol price hike is also giving sleepless nights to common people and recent addition is Indian auto industry which is also feeling the heat. If reports are believed, sale of petrol cars are heading downwards due to recent increment in petrol prices, and people are searching for other options like diesel cars and CNG fitted cars.

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According to sources, the repeated growth in petrol prices is hitting hard on the common people wallet since it is amplifying the running cost of cars. People are either avoiding the daily use of car or opting for other options like CNG. With CNG kit available in market at a price tag of Rs 30,000, the option is quite feasible. Reports state that various Car Companies are planning to launch the diesel variants like Tata Nano Diesel, Toyota Etios Diesel and Chevrolet Beat Diesel. This is because people are opting for diesel cars even if they bear high cost compared to their petrol variants. As per survey, the cost of driving diesel car is less then what petrol cars are offering, however CNG still holds number one position with running cost of Rs 1.38 per kilometer run.

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The only issue which comes while switching from petrol to CNG is the retro-fitment of CNG on existing petrol cars. With quality of CNG kit purchased from open market being suspicious, it can also harm the engine of the car. According to recent developments in Indian auto industry, the Indian car giant Maruti is planning to release the Maruti cars fitted with CNG kit, to cope with petrol price hike crisis.

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Earlier, Maruti launched Maruti SX4 in three variants namely Maruti SX4 CNG, Maruti SX4 Diesel and Maruti SX4 petrol. It can be seen that Maruti has kept the Maruti SX4 prices under control and according to the Indian customers.

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