The hike in the price of petrol is expected to further increase the demand for diesel vehicles. To counter this, top automobile companies in the country are offering a slew of discounts on petrol models.
Maruti Suzuki, India's leading passenger car maker, is offering a discount of Rs 30,000 on the Alto, a cheap, blockbuster model that has been witnessing a pressure in volumes.
Ford has a lot of ground to cover in India in terms of volumes, especially with stiff competition from Maruti Suzuki and Hyundai across segments. The company is offering discounts of Rs 12,000 to Rs 15,000 across petrol models in a bid to pump up the numbers.
The Santro has been Hyundai's flagship car for years and adds a lot of bulk to the company's sales numbers. Hyundai is offering a discount of Rs 42,000 on the vehicle.
The i10 is positioned just a segment above the Santro, and is the driver of sales in this segment across the industry. The company is offering discounts of Rs 46,000 on the vehicle.
The Indica was the first passenger car from the Tata stable, and is being exported to Europe and Africa since 2004. Sales, however, have been on a decline. It's longer cousin is the Indigo, a sedan with which it shares a lot of components. The petrol versions of both these cars will be cheaper by Rs 10,000 to Rs 50,000.
The Nano, which was touted as the Rs 1 lakh car, is among the cheapest and smallest cars all over the world. In India, it caters to the lowest passenger car segment. The company comes up with monthly discount schemes, and this month the discounts have been higher at Rs 10,000.
