Ever since the Government of India decontrolled the fuel prices, the gap between petrol and diesel prices started narrowing, which has brought buyers' shift back to petrol run vehicles. As against the peak 78% difference in fuel prices last year, the gap has now come down to 20%. Moreover, the diesel variants cost about 15-20% more than the petrol variant of the similar car, which is one mor..
Shell, the world leader in fuels, today announced Shell Fuel Economy Refresh, an important initiative to reinforce its commitment to fuel economy. As part of this campaign, Shell Retail India aims to emphasize the value of Fuel Economy and the long-term benefits of adopting fuel efficiency as a way of life. At the heart of this campaign is the commitment of Shell Fuel Economy Formula, a bre..
Last fiscal was not good for the Indian auto industry, and the trend in the passenger vehicle industry at the start of new fiscal is no different. The new financial year started from where it left last fiscal, when the Indian car market witnessed sales falling at 6.7 per cent, the first time negative growth in 12 years. Moreover, an increase in excise duty on sports utility vehicles, which was e..
The 2013 Shanghai Auto Show witnessed number of high-end reveals, which sizzled the visitors. Various auto-majors unveiled their futuristic vehicles, concepts and plans, and initiations of new partnerships with local manufacturers. Cardekho has been regularly updating you about all the happenings and latest news coming from Shanghai. Now we list down the major unveiling took place at the show. ..
Taking an another positive move, Oil marketing companies in India have cut down the petrol prices by Rs. 1 per litre , excluding state tax. Petrol will now cost Rs. 66.09 for Delhi, Rs. 73.48/litre for Kolkata, Rs. 69.08 for Chennai and Rs. 72.88 for Mumbai. OMC’s last reduced petrol prices on April 11 where the petrol prices was deducts by 85 paise per litre. Good news is that the OM..
Last fiscal was not great for the car manufacturers in India. Even, the Domestic passenger cars sales in March has declined by 22.52 per cent to 1,80,675 units as against 2,33,151 units in the same month of 2012. Society of Indian Automobile Manufacturers (SIAM) has released all the data having march sales report of all the sections of vehicles including two-wheeler, passenger cars and Comm..
Despite the slowdown in the car market, the used car market is growing at a good pace. Almost all the car makers have recorded a negative growth rate. On the other hand, this lowdown in new car sales didn't affect the second-hand car markets, as most of the buyers are giving preference to such vehicles, which has seen a boost in recent times. The better facility for buyers, improved use..
Oil marketing companies have yesterday cut the petrol price by 85 paise per litre (excluding VAT) with effect from yesternight. This is the second reduction in the prices of the petrol in two weeks. As per the oil companies, the price cut was made possible due to fall in international oil prices. After including state VAT, the petrol price in Delhi were cut by Rs.. 1.02/litre, taking the new pet..
Haryana state cabinet yesterday decided to increase road tax for two-wheelers and cars in the state. Buyers will now have to pay 3 per cent for cars costing up to Rs 6 lakh, for the cars costing between Rs 6 lakh and 10 lakh, six per cent tax will be charged. Earlier, it was 2 per cent for vehicles costing up to rs 5 lakh, 4 per cent for vehicles in Rs 5-10 lakh range, 6 per cent for Rs 10-20 lakh..
After reducing the petrol prices by up to Rs 2.5/litre, the oil marketing companies have now hiked the diesel prices by 45 paise per litre (excluding VAT), effective from today. This is the third increase in the diesel price since January 17, when Cabinet allowed State oil companies to raise diesel prices in small dozes each month until the losses are covered. After the local taxes, diesel ..