The unprecedented hike in Petrol prices has resulted in a stronger demand for diesel cars. Ford, which has just launched the new Fiesta in both petrol and diesel versions, has witnessed a strong shift in demand for diesel cars.
Over the past six months, the percentage of the diesel variant in the Figo’s overall sales volume has gone up to seventy percent from sixty percent earlier. Michael Boneham, President & MD, Ford India says “a year ago the percentage of diesel was fifty five percent. Because of the surge in demand there has been a production constraint. Some of the component vendors are not being able to supply enough”.
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