With Rakshabandhan and Ganesh Chaturthi falling during the month, the discounts are almost at a similar level as compared to last year
Passenger vehicle makers are offering deep discounts to clear unsold 2024 stock, while two-wheeler companies stay cautious amid steady demand and manageable inventories
Ford will offer its employee pricing - a discounted rate available to Ford workers - to all customers
Select Mahindra dealerships in India are offering high discounts on different car models from Rs 5,000 to 73,000, which includes cash discounts and other benefits
During the probe, Maruti - which has more than 50 per cent share of India's car market - told the regulator that it imposed no such policy and that the dealers were free to offer any discounts
Girsh wagh says firm took a bold decision to prune incentives by almost a third during BS VI transition
But weak consumer demand and tight liquidity will likely limit any improvement in car sales this year, it added
From the entry level Alto to luxury car Audi, manufacturers have rolled out steep discounts and promotional offers to push retail sales in December and clear inventory of vehicles manufactured in 2017. The value of discounts and offers range from Rs 35,000 on an entry level car to almost Rs 9 lakh on an Audi A6. On a number of vehicles, discounts are higher than the previous year. Country's biggest car maker, Maruti Suzuki, has discounts on most of its entry segment small vehicles and the Ciaz sedan which has been impacted due to increase in taxes on hybrid vehicles (under GST) and competition from new Honda City and the new Hyundai Verna. There are discounts and benefits worth Rs 35,000 on Maruti's most affordable car, the Alto. Alto 800 begins at Rs 2.46 lakh while the AltoK10 starts at Rs 3.26 lakh. There are discounts of Rs 30,000-40,000 on the WagonR, Rs 15,000-25,000 on the Swift and up to Rs 90,000 on the diesel Ciaz. However, there is no discount on the best sellers like ...
GST rate fixed for automobiles is 28% plus cess-1% for small petrol cars, 3% cess for diesel cars