Fuel Price Protection
Hyundai Motors India Ltd., India's second largest automaker has announced a new program to attract customers to their cars with petrol engine. Hyundai’s bestseller Santro Xing and i10 are now equipped with a system of protection against rising prices of petrol.
In this Hyundai’s petrol prices Protection Scheme, customers will be protected against any hike in petrol prices. Its sounds good, but here is the catch.
According to Hyundai’s Petrol Price Protection Plan, the customer may use only the benefits, if it looks less than 1000 km on a monthly basis, anything above that customer will only have to pay the difference. Also, if there is a petrol price hike of more than Rs 5, the scheme is invalid.
In addition, Hyundai will also provide R 10k and 20k loyalty bonus for new buyers of i10 and the Santro Xing, respectively.
In addition, Volkswagen presented a new offer their Vento, the petrol sedan, the car is only available for an interest rate of 6.99% in both MT and AT. Rising gasoline prices have forced manufacturers to test new strategies in order to increase the sale of petrol-powered automobiles.
