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Thursday, September 15, 2011

Petrol Price Hiked Again

Petrol Price Hiked Again

The oil companies hiked petrol prices by Rs 3.14 per litre. This is the second hike in four months. Oil companies had last hiked petrol price by Rs 5 per litre on May 15. It’s not a good news for the auto industry.

More potential buyers are going to switch to diesel cars, while petrol car owners brace for another hike in their monthly fuel costs.

Where Tata Motors has recently launched Tata Indica Vista. This is a good option for who will planning to switch diesel car.

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