29063
Auto makers cheer petrol price cut; ask for more
Posted on 29 Jun 20122,466 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
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.
Do you like this story?
Readers' opinions ( 0 )
Post a Comment
Post a CommentPetrol 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...
The Ferrari Way : Special Coverage
Ferrari has been voted as the most powerful brand in the world according to Brand Finance and the...
Chevrolet Enjoy : Special Coverage
Designed to take on everything from the Maruti Suzuki Ertiga to the Toyota Innova the Enjoy is...
