Petrol, diesel price hikes may hit car sales in India, say experts
If the prices of petrol and diesel continue to rise beyond the existing level and continue to be high on a prolonged basis, the sales of automobiles in the country could be affected, said a senior official of a leading carmaker
In Ahmedabad market, petrol costs about Rs76 per litre, while diesel costs upwards of Rs73 per litre. Both the fuel have become dearer by about Rs2.5 per litre in just ten days. Image source: Reuters