Zigwheels Home

Auto makers cheer petrol price cut; ask for more

by PTI Posted on 29 Jun 20123,378 Views Comments

The Rs. 2.45/litre cut in petrol prices has been cheered by carmakers; ask for more price cuts to reduce price difference between petrol and diesel

 

Refuelling

 

 

The automobile industry today said the petrol price cut is a step in the positive direction for the sector that is struggling with a demand slump, but asked for more such moves to reduce the difference with diesel. 

 

"It is a very good step for the auto industry. We need much more such steps to reduce the price differential between petrol and diesel," Society of Indian Automobile Manufacturers (SIAM) Senior Director Sugato Sen told. 

 

Expressing similar sentiments, Honda Siel Cars India Senior Vice President (Sales and Marketing) Jnaneswar Sen said the move is in a positive direction. 

 

"However, it is still not enough to have a level playing field between petrol and diesel vehicles as the gap in the prices between the two fuels is very high," he added. 

 

A senior Maruti Suzuki India official said any reduction in fuel price is a positive development as it reduces the cost of running, leading to a positive sentiment in the market. 

 

Post Your Comment

Do you like this story?

Petrol price cut by Rs 3 a litre

by TNN

The continuous fall in international oil prices...

Petrol price to reduce by 95 paise effective midnight

Petrol to cost Rs 67.24 per litre in Delhi/NCR...

Petrol price cut by Rs 2.46/litre; scope for further reduction

by PTI

Global oil prices have fallen by 8 percent since...


 
SPECIAL COVERAGE

Hyundai Elite i20: Special Coverage

The premium hatchback segment is changing fast, and how? Not too long ago the VW Polo and Fiat...

Tata Zest: Special Coverage

The Zest is a new compact sedan from Tata Motors that will take on the Honda Amaze, Hyundai Xcent...

 

Read Next Story