Thursday, December 31, 2015

Delhi diesel car market shrinks after court orders


Car buyers in this city, one of the country’s top car markets, are showing less interest in purchase of diesel vehicles after the twin orders by the National Green Tribunal (NGT) and the Supreme Court this month.
Dealers say there’s been a 20-25 per cent drop in demand for diesel vehicles with an engine capacity below 2,000cc. Earlier, for two weeks, they'd been unable to sell any diesel vehicle after the NGT order, leaving unsold stock of 8,000 units.
“The action against diesel passenger vehicles is fresh in the mind of buyers. Some also apprehend restrictions on use of diesel vehicles in the future. On an average, the share of diesel-run cars in our daily sales used to be about 20 per cent before these developments. It is now 15-16 per cent,” said an executive with a company owning multiple Maruti Suzuki dealerships in the capital.
business-standard.com
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