When purchasing a new vehicle, Indians have preferred a diesel engine, which is the low cost of a petrol car. Better mileage and lower per-liter costs convinced most – especially those driving long distances – that buying a diesel vehicle was a more economical decision regardless of other factors such as environmental impact and higher maintenance costs. But as fuel prices rise across India, the difference in the price of the two fuels is steadily decreasing with the difference in Delhi.
The difference in petrol and diesel costs has now led to the question of whether diesel cars have become ‘white elephants’ – a metaphorical term used to describe a problem that is often expensive to maintain .
The popularity of diesel engines is mainly based on how cheap per liter is compared to petrol. There is another debate as to which car outperforms both engines but the common man has to financially judge most powertrains. And while Diesel has a clear advantage in this year, at the present time it has been seen falling with grace. Such a decline was chosen by India’s largest carmaker, Maruti Suzuki, to get rid of all its diesel models and now offer only petrol models. Even luxury car manufacturers along with SUVs are seeing an increase in demand for petrol models. Companies like Audi have not shied away from diesel engines, but admit that sales of petrol cars have increased significantly. Then there are others like Hyundai – 55% of all bookings for 2020 are for the Creta diesel variant, and Honda who continue to believe in diesel variants and stuck to introducing it in a new or newer model despite the cost of upgrades went. BS 6 criteria. Rajesh Goyal, Senior Vice President and Director (Marketing and Sales), Honda Cars India Limited (HCIL) was quoted as saying, “Though the market choice for petrol is increasing, we believe that the demand for diesel Will not disappear immediately. ” By the news agency PTI. (Full information here)
The demand for diesel may or may not disappear immediately, but the substantial increase in the cost of this fuel in the last 17 days has hardly helped in this case. On Tuesday (June 23), the price of diesel was increased by 55 paise in Delhi, which makes it expensive like petrol. A liter of petrol is here ₹79.76 while the same amount of diesel costs just 36 paise less. Factor in paying at least a million more for a diesel version of a car and it is more possible than ever to go for a petrol model, regardless of the daily or monthly mile cover.
While the passenger vehicles segment offers a choice between petrol and diesel models, buyers in the commercial vehicles space are likely to feel the maximum pinch from rising diesel prices.
With feeds and technology on diesel for performing heavy vehicles such as trucks and tractors still very limited when it comes to alternative fuel sources, transporters are suffering the brunt of all this. The All India Motor Transport Congress (AIMTC), a body representing 95 lakh truck drivers and entities in India, recently stated that 65% of all trucks are currently parked due to high fuel costs. AIMTC President Kultaran Singh Atwal told PTI, “The operations are going up by about 60 percent, as the cost of transportation is about 20 percent of diesel and about 20 percent of toll.” Already demand is low and vehicles are sluggish. About 65 percent. More and more small operators are getting busted and vehicles are stalling. ”
At a time when diesel can be considered fatal – and given the environmental impact of the fuel, there is little denial that many livelihoods are still dependent on it and some areas of India’s automotive industry are not far from fuel . In other segments, which offer a viable alternative, however, the numbers for diesel unit sales are inversely proportional to its price per liter of diesel.
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