Vehicle fuel prices in the country have increased by 35 percent in the last 15 months. This has also led to a significant increase in the overall cost of operating the vehicle. In such a situation, it has been said in a report that the demand for vehicles with higher fuel efficiency (higher average) and lower maintenance cost will increase among buyers in the country. The HSBC Global Research report said that the demand for such vehicles, especially in the sub-Rs 10 lakh category, will increase, which will have lower operating and maintenance costs.
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Maruti tops the top average car
HSBC Global Research said, “Our analysis shows that Maruti continues to be the market leader in both fuel efficiency and total cost of ownership (COO).” Vehicles with high fuel efficiency and low maintenance cost will increase among the buyers. This will be especially the case in the vehicle category which is priced below Rs 10 lakh.