With prices of petrol and diesel soaring to a new high following a hike in fuel prices, demand for used small and fuel-efficient cars has gone up by as much as 30 per cent in less than a week. Price-sensitive customers are thronging to dealer outlets for used cars. The spurt in demand for used cars, which had taken a beating following the showcasing of Nano and a 400 basis points excise duty cut on small cars, has seen a revival following the government’s move to increase prices of petrol...

Located @ http://www.automonster.ca/?p=661.