At this time, the effect of sluggishness in the automobile industry is visible at the discount of companies. But due to this, customers are benefiting a lot. These days cars, two-wheelers and even trucks are getting huge discounts. This discount is the highest in the last few years. Companies are confident that the demand will increase during the festive season and due to heavy discounts, the stock can be eliminated before the new emission norms are implemented. Explain that the new, ie BS6 emission norms will be implemented from April 2020.
According to media reports, in recent years, this time (August-September) discounts of 5-7% have been available. But this year, 29% is being given on passenger vehicles and 20-25% on trucks. The discount being given in September this year is around the discount given in December in recent years, as companies have been offering huge discounts to finish the stock in December.
According to media reports, the country's largest car company Maruti Suzuki is generally considered behind in terms of discounts, but this year Maruti is giving huge discounts. In September, Maruti cars are getting a discount of 30 thousand to 1.2 lakh rupees. The entry-level car Alto is currently available at a price of about 18-20% less than its price. At the same time, Hyundai's Grand i10 is being discounted by 15%. Shashank Srivastava, sales and marketing head of Maruti Suzuki, has said that the company is offering discounts to eliminate BS-IV stock. There is some increase in retail sales and inquiries. Shashank said, "Customer inquiries have increased this month and retail sales in August have been better than in July. Such a situation has been created with the discount scheme.
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