Profit

Diesel powered SUVs may cost more

PUBLISHED ON: October 20, 2008 | Duration: 1 min, 36 sec

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If you are planning to own a diesel SUV then rethink your purchase plan. The big diesel cars may soon cost more if the prime minister's office has its way with a proposal for higher excise duty. It seems that the plan for higher fuel prices for higher income groups is a non-starter because of administrative problems and the petroleum ministry felt hiking the excise duty is a more realistic approach.
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