Since the petrol prices are boosting in every few months, the entire automobile industry of the nation is confronting downfall in sales, especially the petrol cars. After droopy sales of all major small petrol hatchbacks, it’s that period of time when shooting fuel costs are impacting the business of popular petrol run SUVs such as Honda CR-V, Mitsubishi Outlander and Maruti Grand Vitara.
Examining the current auto market conditions in India, the sales are continuously showing negative outlook and now even bold and beautiful off-roaders are getting impacted due to the same. The major SUVs especially which are coming with petrol engine options are losing their value in contrast to their diesel run rivals.
The figures reveal that sales of petrol-run multi-utility vehicles have hit their lowest mark even when it is presently the most prosperous segment in the market. The same is clearly visible with terrific new sport utility vehicle launches from major automakers.
As per sales count, since five years and so Honda’s CR-V was the most desirable SUV in the country with around 200 unit sales every month. But recently in April and May 2012, the sales of the SUV declined to mere 38 units and that was pretty annoying. The vehicle yearly sales also posted a great fall with just 319 units sold in last financial year, all due to escalated petrol prices.
Even largest carmaker Maruti Suzuki sold just 27 units of its Grand Vitara in the 2012 fiscal and extremely regretful count of mere two units sold in the first quarter of current financial year. Moreover Mitsubishi Outlander sales dropped by 66% to just 31 units in the first two months of FY2013.
But Mahindra and Mahindra is acting wise and extremely intelligent. The automaker has ceased the production of its petrol run SUVs and is strictly focusing on rolling out only diesel variants of its popular bestselling utility cars.