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  Business   Autos  16 Jun 2017  Carmakers cut prices to attract customers

Carmakers cut prices to attract customers

PTI
Published : Jun 16, 2017, 3:15 am IST
Updated : Jun 16, 2017, 12:29 pm IST

Clearing inventories ahead of GST is one of the reasons.

Brick-and-mortar retailers are also slashing prices to liquidate merchandise, advancing their usual end-of-season sale by a month.
 Brick-and-mortar retailers are also slashing prices to liquidate merchandise, advancing their usual end-of-season sale by a month.

New Delhi: As customers wait for prices to come down after GST implementation, automobile companies are wooing them with attractive limited period discounts of up to Rs 2.5 lakh across a range of vehicles sold in the country.

Maruti Suzuki, Hyundai, Honda, Nissan, Mahindra and Mahindra and Ford India have all come out with different schemes that are valid for June only.

 

Dealers of Maruti Suzuki are offering discounts between Rs 25,000 and Rs 35,000.

The highest discount is offered on its entry-level hatchback Alto.

Similarly, M&M is offering benefits ranging between Rs 27,000 on Scorpio to Rs 90,000 on XUV500 till June 30.

Hyundai Motor India dealers are offering discounts ranging between Rs 25,000 on Elite i20 and all-new Xcent to Rs 2.5 lakh on SantaFe. Besides, it is offering discount of Rs 45,000 on  Eon, up to Rs 73,000 on Grand i10 and Rs 90,000 on Verna.

Honda Cars India, on the other hand, is offering up to Rs 14,500 discount on Brio, Rs 50,000 on Amaze, Rs 17,000 on Jazz and Rs 60,000 on B-RV under a special scheme valid during June.

 

“We are giving price protection to the customers for cars retailed from June 10 to June 30 which means that customers will buy the car at pre-GST price now. Post GST implementation whatever the difference in ex-showroom price it will be returned back to the customer by the dealer,” a Honda Cars India spokesperson said.

Tags: gst, maruti suzuki, ford india
Location: India, Delhi, New Delhi