Well, we have been seeing this trend of people’s changing shift to Diesel powered cars and now the figures revealed by Times of India confirms this by figures.
In December 2011, Diesel cars crossed the percentage share of 50 percent (stood at 53.2%) and while the total Diesel sales have remained consistent, the overall market has increased which has led to a slight decline to 49 percent. This slight decline has to be attributed to the big time discounts thrown at the user for Petrol cars to maintain their sales.
Another revelation is that during this fiscal till now (ie from April 2011 till February 2012), sales of petrol cars have declined by as much as 15 percent while Diesel-run cars enjoyed merry at 35 percent increase.
Due to the above mentioned reasons, a generic car buyer is ready to pay a premium of (on an average) around 1 Lakh for a diesel car when the same variant’s petrol is available cheaper. With the budget not talking about the dreaded extra levy on diesel, this shift is expected to grow at a faster pace. All the major sellers have big waiting periods for diesel cars whereas a petrol car is almost available off the shelf.
By,
Saad Khan
Editor MotorBash
Figures Source: TimesofIndia