Canindia News

‘Customers looking for alternates amid rising petrol, diesel prices’

New Delhi, Aug 11 (IANS) As petrol and diesel prices remain around record levels, the Indian Auto LPG Coalition has said that consumers are now looking for economical alternative fuels that can save fuel costs without compromising on vehicle performance.

In a statement, the industry body said that as petrol and diesel hover around the Rs 80 per litre mark, auto LPG is currently priced at almost half of both the mainstream automotive fuels.

“In terms of running costs, it has consistently been at least 40 per cent cheaper than petrol. This gives consumers who drive on auto LPG a major cost advantage,” it said.

Indian Auto LPG Coalition Director General Suyash Gupta said: “During these times of severe economic challenges and when all consumers are looking to save costs on multiple fronts, transport bills still continue to skyrocket on account of petrol/diesel prices. Naturally, more consumers today are scouting for either alternative modes of transport or economical alternative fuels.”

He noted that auto LPG, which is the third most widely used automotive fuel globally, holds a lot of promise in this scenario. In fact, conversion kit providers are reporting a rise in queries from consumers looking to cover their personal vehicles to auto LPG or CNG, Gupta added.

–IANS

rrb/sn/vd

YOU MAY ALSO BE INTERESTED IN

Disney to lay off more employees

CanIndia New Wire Service

IIFL dealer, 5 others barred from securities market for front running

CanIndia New Wire Service

India can become AI laboratory of the world: NITI Aayog CEO

CanIndia New Wire Service

India needs to move beyond exporting raw materials: Goyal

CanIndia New Wire Service

Growth in data tariffs, broadband reach show move towards higher ARPU

CanIndia New Wire Service

Three pvt banks in TN, Kerala hit headlines for wrong reasons

CanIndia New Wire Service

Stimulus, healthy macros expected to lift markets (IANS Equity Outlook)

CanIndia New Wire Service

‘CIRP threshold against personal guarantors should be raised’

CanIndia New Wire Service

Unscathed: Pent-up demand more sustained, predictable now, says Kia India (IANS Special)

CanIndia New Wire Service

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

SUBSCRIBE TO OUR WEEKLY NEWSLETTER

Stay up to date with the latest news and exclusive offers directly in your inbox