Hello Indians!! wht r the fuel prices there

The last time i was in India in August i paid 42.00 bucks for petrol. I dunno about oil but i will find out for you. All good for the indian buyer though , as the following article explains.....

Carmakers on a discount overdrive


Posted online: Wednesday, December 14, 2005 at 0450 hours IST




CHENNAI, DEC 13: It is raining discounts on the road right now for would-be car buyers. With a spate of new launches revving up competition and sales volumes not moving at expected levels, sales team of car companies are busy dishing out discounts and cash benefits to woo customers.
From Maruti to Hyundai to Toyota to almost all major car manufacturers have hit the road in full force offering discounts ranging from Rs 18,000 to Rs 98,000. While some call it as `celebratory offer', for others it is a routine stock clearance sale. According to the latest figures, domestic passenger car sales have seen a 2.31% drop during November 2005, at 68,840 units against 70,468 units in the same period last year.


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Discounts are meant to stimulate demand to clear stock and also to promote sale of cars produced in December, which experience a drop in volumes because buyers prefer a model produced in January, rather than December. If Toyota Kirloskar Motor (TKM) is giving a cool Rs 80,000 off on `Innova' for hitting the two lakh customers milestone, Tata Motors has step on the gas with upto Rs 50,000 cash benefit scheme across all its models to celebrate one million cars on road. Hyundai, to mark seven years of its ride in India, is offering discount up to Rs 30,000. Maruti has also announced Rs 35,000 off on its `WagonR' model and Ford has recently joined the race with a special offer for Fusion, Flair and Endeavour with discounts running up to Rs 98,000!

Toyota, for instance, to promote `Innova' model has launched three schemes, which would give benefits to the tune of Rs 80,000. Buyers can take a discount of Rs 80,000 on the ex-showroom price of the vehicle or opt for any of the three schemes, which would give them similar benefits. As per the schemes they can get life tax, registration and insurance free or get interest component to the tune of Rs 80,000 completely waived off. The offer, which started during the first week of December, is only for the `G1' and `G2' variants. It is valid till the end of the month. Tata Motors is offering discounts on Indica, Indigo, Indigo Marino and Sumo Victa. In the case of diesel variants the discount is about Rs 18,000 except in the case of Sumo Victa, which has a discount of Rs 27,000.