Tuesday, March 2, 2021
Indian Drives
No Result
View All Result
No Result
View All Result
Indian Drives
No Result
View All Result
Home Latest News

Auto industry tries to attract buyers with huge discounts

by indiandrives
in Latest News
0 0
0
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

Price rise is not working with the auto makers are most of them are now becoming generous in terms of offering discounts and freebies to compensate the increase in the prices in the January 2013. The increased prices had negative impact on the sale figures and have forced the companies to offer exceptional discounts and freebies against the purchase of the car, to increase the car sales and clear the accumulated inventory. To attract attention of buyers discounts, freebies and cash offers have been withheld against the cars somewhere from Rs. 35,000 for the popular cars to Rs.2,00,000 for the premium models.

The best selling model from Maruti, the Maruti Alto 800 is offering a paid 3-day trip to a holiday destination in the country for the customers. To avail the trip benefit buyers will have to pay Rs. 1,399. Meanwhile Volkswagen Vento is offering itself at just half of the price for now, remaining of which can be paid next year. Other than this, many automakers are luring buyers by giving them interest free loans.

Auto industry tries to attract buyers with huge discounts

Speaking on the issue, Honda Senior VP for Marketing and sales, Mr. Janeshwar Sen said that company is currently concentrating more on the Honda two-wheeler owners with the Rs. 20,000 of loyalty bonus on any car purchased by them. One of the officials from Hyundai Auto India said that this discount and freebie scheme has appeared after a long time and is expected to boost the slow sales.

According to the Auto industry experts, the desperation of selling cars from the auto group can be attributed to their targets forecast for this fiscal year and offering some discount can be the only thing that can excite some potential buyers.

Tags: automobile industry in Indiaautomotive industry
Previous Post

Skoda Rapid diesel launched in Nepal

Next Post

BMW India is focusing more on the localization

Next Post

BMW India is focusing more on the localization

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Archives

Recent Posts

  • BMW X3 xDrive30i SportX Variant Launched In India: Prices Start At Rs 56.50 Lakh
  • Latest News From Indian Automobile Industry:Tata Safari, Mahindra Scorpio, Strom R3, Hyundai Alcazar
  • Honda CB350 RS Launched In India At Rs 1.96 Lakh: Bookings For The Motorcycle Commences
  • Hyundai Alcazar Name Confirmed For Upcoming 7-Seater SUV: Global Debut Soon
  • Strom R3 Electric Car Bookings Open – Fully Electric 2-Door 2-Seater With Sunroof

Categories

Indiandrives.com

© 2020 Indian Drives

Navigate Site

  • Auto Expo 2020
  • Aston Martin
  • Audi
  • Bentley
  • BMW
  • Buyers Guide
  • Car Comparison
  • Chevrolet
  • Driving Tips
  • Events
  • Featured
  • Ferrari
  • Fiat
  • Force
  • Ford
  • Great Wall Motors
  • Harley Davidson
  • Honda
  • Hyundai
  • Isuzu
  • Jaguar
  • Kia
  • Koenigsegg
  • KTM
  • Lamborghini
  • Latest Cars
  • Latest News
  • Lexus
  • Mahindra
  • Maruti Suzuki
  • Maserati
  • Mercedes Benz
  • MG Motor
  • Mitsubishi
  • New Car Reviews
  • Nissan
  • Peugeot
  • Porsche
  • Range Rover
  • Renault
  • Rolls Royce
  • Skoda
  • Tata
  • Test Drive
  • Auto Expo 2020
  • Toyota
  • Kia
  • Upcoming Cars
  • MG Motor
  • Used Car Reviews
  • KTM
  • Volkswagen
  • Isuzu
  • Volvo
  • Harley Davidson
  • MG
  • Great Wall Motors

Follow Us

No Result
View All Result

© 2020 Indian Drives

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In