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Intention to Purchase Hybrid Cars in India : A Study


Affiliations
1 Assistant Professor, IBM, GLA University, 17 Km. Stone, NH#2 Mathura-Delhi Road, Chaumuha, Mathura-281 406, Uttar Pradesh, India
2 Associate Professor, ABV-Indian Institute of Information Technology & Management, Gwalior, Madhya Pradesh, India
3 Professor & Head, IBM, GLA University, 17 Km. Stone, NH#2 Mathura-Delhi Road, Chaumuha, Mathura-281 406, Uttar Pradesh, India
     

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This study aimed to measure consumer purchase intention of hybrid cars in India and discussed various factors and previous studies associated with purchase intention of hybrid cars in different nations. The results serve as a reference for automobile companies planning to launch hybrid cars in the near future in India. Five different constructs were extracted from literature for measuring intention to purchase hybrid cars in India, including seeking green products information, self image effects, social value of hybrid car purchase, emissions importance, and social value of green product purchases that is associated with owning a hybrid car in India. Partial least square structural equation modeling was incorporated to establish the relationship model. The results indicate that Indian consumers showed relatively high purchase intention towards hybrid cars. Our analysis found that seeking green product information, social value of hybrid car purchase, and social value of green product purchase is positively associated with hybrid car purchase intention among Indian consumers. However, self image effects and emission importance emerge to be negatively associated with hybrid car purchase intention. Indian consumers are yet to warm up to the idea of purchasing eco friendly cars known as hybrid cars, and it takes a long time to create awareness among Indian consumers towards the advantages of accepting hybrid cars. This study would be helpful for the automobile sector to better understand the various dimensions needed for developing a positive intention towards hybrid cars.

Keywords

Purchase Intention, Hybrid Car, Green Marketing, Decision Making

Paper Submission Date : January 12, 2016 ; Paper sent back for Revision : May 2, 2016 ; Paper Acceptance Date : July 12, 2016.

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  • Intention to Purchase Hybrid Cars in India : A Study

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Authors

Utkal Khandelwal
Assistant Professor, IBM, GLA University, 17 Km. Stone, NH#2 Mathura-Delhi Road, Chaumuha, Mathura-281 406, Uttar Pradesh, India
Naval Bajpai
Associate Professor, ABV-Indian Institute of Information Technology & Management, Gwalior, Madhya Pradesh, India
Vikas Tripathi
Professor & Head, IBM, GLA University, 17 Km. Stone, NH#2 Mathura-Delhi Road, Chaumuha, Mathura-281 406, Uttar Pradesh, India
Seemant Yadav
Assistant Professor, IBM, GLA University, 17 Km. Stone, NH#2 Mathura-Delhi Road, Chaumuha, Mathura-281 406, Uttar Pradesh, India

Abstract


This study aimed to measure consumer purchase intention of hybrid cars in India and discussed various factors and previous studies associated with purchase intention of hybrid cars in different nations. The results serve as a reference for automobile companies planning to launch hybrid cars in the near future in India. Five different constructs were extracted from literature for measuring intention to purchase hybrid cars in India, including seeking green products information, self image effects, social value of hybrid car purchase, emissions importance, and social value of green product purchases that is associated with owning a hybrid car in India. Partial least square structural equation modeling was incorporated to establish the relationship model. The results indicate that Indian consumers showed relatively high purchase intention towards hybrid cars. Our analysis found that seeking green product information, social value of hybrid car purchase, and social value of green product purchase is positively associated with hybrid car purchase intention among Indian consumers. However, self image effects and emission importance emerge to be negatively associated with hybrid car purchase intention. Indian consumers are yet to warm up to the idea of purchasing eco friendly cars known as hybrid cars, and it takes a long time to create awareness among Indian consumers towards the advantages of accepting hybrid cars. This study would be helpful for the automobile sector to better understand the various dimensions needed for developing a positive intention towards hybrid cars.

Keywords


Purchase Intention, Hybrid Car, Green Marketing, Decision Making

Paper Submission Date : January 12, 2016 ; Paper sent back for Revision : May 2, 2016 ; Paper Acceptance Date : July 12, 2016.




DOI: https://doi.org/10.17010/ijom%2F2016%2Fv46%2Fi8%2F99294