 "Rising fuel, finance cost pushes vehicle ownership cost by 6-7% in a year")
The cost of owning a personal vehicle is estimated to have risen by six to seven per cent over a year, the highest since 2010-11. The main reasons being rising fuel prices, increase in finance, insurance and vehicle registration cost.
Even so, sales demand is expected to stay strong, say officials at automobile companies. The peak season is about to begin, with Navratra, followed by Dussehra and Diwali.
Led by good economic growth, benign interest rates and new model launches, automobile sales across segments have been advancing at a brisk annual pace for six years. The 2017-18 fiscal
Even so, sales demand is expected to stay strong, say officials at automobile companies. The peak season is about to begin, with Navratra, followed by Dussehra and Diwali.
Led by good economic growth, benign interest rates and new model launches, automobile sales across segments have been advancing at a brisk annual pace for six years. The 2017-18 fiscal
