Rapidly increasing petrol-diesel prices, know which vehicle will save money in driving now

Petrol-Diesel Price Hike: Petrol-Diesel prices are increasing rapidly across the country. In the last 15 months, fuel prices have seen an increase of up to 35 percent. With the increase in the prices of petrol and diesel, the cost of operating the vehicle has also increased. Government oil companies have increased the prices of petrol and diesel by 35 paise per liter today. After this increase, the price of petrol in the country’s capital Delhi is Rs 105.49 per liter and diesel Rs 94.22 per liter. At the same time, it is selling at Rs 114.43 per liter in Mumbai.

The demand for such vehicles will increase
According to the report, the demand for vehicles with high average and low maintenance costs will increase among buyers in the country. The report of HSBC Global Research has said that the demand for such vehicles, especially in the category of less than Rs 10 lakh, will increase, which will have low operating and maintenance costs.

There is concern about the rising prices of petrol and diesel
The report further states that ‘Fuel prices have increased by 35 percent in the last 15 months. In such a situation, the cost of owning and operating the vehicle is increasing. The conversations we’ve had show that consumers are concerned about the hike in fuel prices.

Maruti included in high average cars
In this report, citing the example of the petrol model of Maruti Suzuki’s Swift, it has been said that for the life of this compact vehicle, the share of fuel in its cost will sit 40 percent. By mid-2020 it was 30 per cent.

The report said, “In the current scenario, there will be an increase in the attractiveness of vehicles with high fuel efficiency and low maintenance cost among buyers. This will be especially the case in the under Rs 10 lakh vehicle category.” HSBC Global Research said, “Our analysis shows that Maruti is the market leader in both fuel efficiency and total cost of ownership (COO). But it remains.

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