In many countries, the rate of purchase of private vehicles is increasing day by day. Sometimes public means of transportation outweigh private modes of transport, but still people find them convenient. Earlier, private vehicles were considered as luxury items, but now they have become a sheer necessity. The easy availability of the loans is also an encouraging factor for the consumers. The prices of automotives depend on the fuel price and the raw materials needed for their production. One of the challenges the automotive industry faces is the ever changing trends of people. In order to meet the demands of the consumer, the companies are coming up with new models with better features. This gives the consumer the option to buy his dream vehicle which meets his needs.