Maruti Suzuki, Hyundai, Tata Motors and Honda are offering discounts and plenty of other benefits to revive sales in the upcoming festive season. Maruti Suzuki, the biggest carmaker in India, is offering discounts up to Rs 1 lakh this month. Meanwhile, Tata Motors is offering benefits up to Rs 1.50 lakh. Here's a look at who's offering what:
Tata Motors 'Festival of Cars' campaign
Tata Motors, under it's the 'Festival of Cars' campaign, is offering customers an upgrade of their Tata cars to the Pro editions by paying as little as Rs 29,999. Tata is also offering cash benefits for new buyers and discounts to those who want to exchange their old cars for a new Tata car. The company has also launched specific schemes for government and corporate employees. In order to provide financial assistance to the buyers, Tata Motors has tied up with multiple banks and financial institutions to offer up to 100 per cent on-road finance and low EMI schemes for their cars in this Diwali season.
Hyundai's 'Smart Deals on Wheels' campaign
Hyundai India's schemes are in the form of cash and exchange offers for Santro, Grand i10, Xcent, Elite i20, Verna, Elantra and Tucson. There are no discounts on Venue, Creta and Kona.
Honda Cars India is offering cash discounts and benefits on its popular models like Amaze, Jazz, WR-V, City, BR-V, Civic and CR-V. These offers can be availed till 30th September 2019.
Maruti Suzuki is offering hefty discounts on its cars as it seeks to improve sales during the festive season. The local unit of Suzuki Motor Corp. has also requested the commercial banks to lower their rates on vehicle loans, in line with recent reductions in the repo rate by the RBI, to make it easier for car buyers to purchase new vehicles.
(Edited by Vivek Dubey)