BESIDES record surge in fuel prices, frequent hikes in prices of automobiles have become a big headache for consumers preferring personal mobility over public transport during the pandemic. “There are very few options available in the ₹5-6 lakh price segment that comes with adequate features. This was not the case earlier,” said Mayank Kumar, 32, who wanted to purchase a Maruti Suzuki swift but had to settle for Maruti Suzuki Celerio.
Not just Maruti swift, prices of almost all popular models have seen significant rise in the last one and half year. While OEMs (original equipment manufacturers) were offering healthy discount last year to lift market from the lockdown blues, rapid increase in prices of raw material, especially in the second half of last fiscal, forced them to pass the rising cost of production on to consumers.
Bu hikaye The New Indian Express Chennai dergisinin August 01, 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The New Indian Express Chennai dergisinin August 01, 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
Gaikwad, Deshpande Guide CSK To Easy Win Over SRH
A PROFESSIONAL display by Chennai Super Kings enabled the hosts to defeat Sun Risers Hyderabad by 78 runs and get their IPL campaign back on track here at the MA Chidambaram Stadium on Sunday.
Sexual Assault: SIT Begins Probe Against MLA Revanna
About 2,876 women allegedly exploited by his son Prajwal who fled to Germany on Saturday; SIT to collect videos, send them to forensic lab
Skeet shooter Chauhan set for Olympic debut
INDIAN shooting is truly burning bright at the moment.
Dube sends timely reminder
With his improved show vs pace & consistent six-hitting skill, batter makes a case for T20 WC
No selection trials for World qualifier
GIVEN the Delhi High Court instructions of March 7, the Wrestling Federation of India (WFI) has decided not to hold trials to select wrestlers for the World Olympic Games Qualifier scheduled in Istanbul, Turkey from May 9 to 12.
Historic outing for Indian archers in World Cup
IT was a historic day for Indian archery as the Indian men's recurve team of Dhiraj Bommadevara, Tarundeep Rai and Pravin Jadhav shocked reigning Olympic champions South Korea in a historic win to land an Archery World Cup gold medal after 14 years in Shanghai.
No age restriction now on purchase of health insurance plans
Removing age limit opens up access to health coverage for senior citizens, and they should look for features like no-claim bonuses to combat medical inflation MONIKA YADAV @ New Delhi THE decision by the insurance regulatory and development authority of India (IRDAI) to remove age restrictions on health insurance policies is a significant move that reflects a more inclusive approach towards insurance coverage in India.
Tesla CEO Musk lands in China days after deferring his plan to visit India
BARELY a week after scrapping his much-anticipated India visit, Tesla CEO Elon Musk on Sunday made a surprise visit to China, the carmaker's second biggest market.
Govt mulls 6 mega power plants near coalfields
IN a bid to reduce the country's reliance on expensive coal transportation for electricity generation, the coal ministry is planning to set up massive power plants around its coalfields across the country.
Japan's ruling party to lose 3 seats: exit polls
JAPANESE Prime Minister Fumio Kishida's governing party, stung by an extensive slush funds scandal, appeared to have lost all three seats in Sunday's parliamentary by-elections, according to media exit polls and preliminary results.