Wow! Car industry is constantly racing to win the battle. It wins!!
After the increase in fuel prices and cost of production, most of the car manufacturers were distressed with the belief that the car sale will go down. But they are smiling today because a complete union of leading car manufacturers is finally successful in beating the fuel price hikes and increasing their car sales.
Eventually, car industry is recovering with Hyundai and Maruti reporting jumps in their car sales during June. Is it really true? Even after such a drastic increase in fuel prices, are people still buying the gasoline cars?
Just don’t know. No guesses. But one thing is sure that the sale will definitely fall down when a good number of cost-effective hybrid cars or electric cars would come into picture. It’s a long way to go, till then reap the benefits and enjoy the gain.
Labels: Car-Industry, Fuel-Prices
4 Comments:
After all this is India. There is nothing that can beat anyone living in India. See the hike in fuel prices also failed to bring down the car sales. India is always ready for challenges to win.
I really like this blog because it gave a great reason to smile. I was planning to buy a car but I had changed my mind after the increase in fuel prices. Now, I think there are many who are buying cars, so why cant I.
Even i had thought the same that increase in fuel prices might let the car industy down but amazing that the buyers are not that bothered about the fuel price hikes...
I believe that all the car makers must have changed their marketing strategies to fulfill the demands and requirements of the consumers. Every car maker is luring their customers and drawing them towards their car models.
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