There are several factors that govern car sales in India. Fuel prices are one of them; in fact, it is one of the most prominent one. Apart from fuel hike, interest rate hike coupled with car price rise also affect car sales. Sky rocketing petrol prices adversely specially affect petrol car sales and at the same time a rise in demand for diesel cars is witnessed.
If we observe the petrol prices trend chart from 2002 to May 2011, we find that it has always set itself for an uptrend with only two significant reliefs amidst in 2003 and December 2008. It started with around Rs30 in New Delhi in May 2002 and after witnessing the steepest increase by Rs5 on May 15 it has reached to around Rs63.37.
Diesel cars in India
Let's see what the Indian car market has to offer in the diesel car section. Where we have Maruti Swift Diesel, Ford Figo, Nissan Micra, Hyundai i20 and Fiat Punto in the hatchback segment, we have the latest Hyundai Verna Fluidic, Ford Fiesta, Volkswagen Vento, Maruti Swift Dzire prominent ones in the sedan category.
Meanwhile, we have premium sedans also available viz. Chevrolet Cruze, Toyota Corolla Altis, Skoda Laura and Volkswagen Jetta. Let's elucidate it more and see what these cars have to offer besides being diesel driven.
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