Demand surges for petrol cars and SUVs, diesel takes a deep dive
The consumer shift towards petrol is gaining pace and how. While market preference for petrol PVS are jumped from 66 to 81% in April-August 2020, demand for diesel cars has slumped from 34 to 19 percent.
Petrol power has eclipsed diesel in the Indian market, and it's a global trend too. Be the implementation of the stringent BS VI emission norms from April 2020 that saw some carmakers to pull out of the diesel space or the fast-diminishing price differential between diesel and petrol, demand for diesel-powered vehicles has toppled in the passenger vehicle (PV) segment over the recent past in favour of petrol vehicles.
To further amplify confusion in the consumer purchase decision, rulings such as a 10-year lifetime of a diesel car in the National Capital Region compared to 15-year validity for petrol ...
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