As fuel prices are increasing at alarming rate, the new cars buyers are postponing their purchases. Indians are blamed for being price sensitive. The Indian car market now wants fuel efficient cars. Maruti Suzuki is experiencing more sales of small cars like Alto, Swift and Dzire as compare to other brands.
Many car companies are offering freebie with the cars to keep their business floating. It is suspected that car sales may fall by 30 percent in May as compared to the April and March. These two months were considered lucky. Car dealers are saying that the proposed massive fuel hike keeping the buyers away. In this situation small fuel efficient cars are more in demand than fuel guzzlers SUVs.
Labels: Fuel efficiencient Car, small cars
Here’s one good news for all those who were looking for an affordable, stylish yet the most fuel efficient car. Delhi based AKSA autotrade in a joint venture with Canada design company CKE technologies is bringing a car worth $4000-$8000 (approx Rs 3 lakh) and expected to have mileage of 50 kms per liter!
Named as ‘Beaver’, the car will have an all aluminum body, which will reduce the overall weight and increase fuel efficiency. Aluminum is mostly used in airplane body, race cars including F1 car to reduce weight. The car will come fitted with 800cc 5-cylinder radial engine churning out 60 bhp power. It can be converted into either a battery operated vehicle (BEV) or plug in hybrid car (PHEV).
Beaver will be positioned as a premium small family car in India. It will be manufactured simultaneously for India, China, US and European markets.
Labels: Fuel efficiencient Car, Launch of new car in India
