Driving Deluxe
The bad news for all potential car buyers is that the price of crude oil has now topped $147 a barrel, which means hikes in fuel prices is only a matter of time. The good news is that India leads the world in the growth rate of dollar millionaires. At last count, these exceeded 100,000 and were growing at 21 per cent per year. These are buyers who look for Rs 50-lakh car, and don't lose sleep over fuel prices.