Honda, Maruti, Hyundai offer discounts & freebies to increase car sales

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Offers

 Carmakers are offering the best discounts and freebies in two years on almost all vehicles to woo customers back to showrooms and regain momentum after sales growth slowed to a crawling 1.6% in June. 

Honda set the mood with a stunning Rs 1.7 lakh limited-period waiver on its struggling hatchback Honda Jazz on Monday, while market leader Maruti Suzuki offers rebates of more than Rs 50,000 on Alto, WagonR and Estilo that together account for half its sales. 

 Some Honda Siel officials and dealers, meanwhile, said the company wants to clear the inventory of the current Jazz model with this steep discount offer and that it will launch a face-lifted version of the premium hatch soon. 

Jazz could not match its rivals Hyundai i20, Maruti Swift and Volkswagen Polo in sales mostly because of its premium pricing of more than Rs 7 lakh. Its sales dipped 39% in the April-June quarter to 643 cars, down from 1,050 sales a year earlier. 

Honda Siel is also offering Rs 50,000 discount on its top-selling City sedan on top of last month's Rs 66,000 price cut as car companies work overtime to revive sales. Hyundai Motor India offers up to Rs 45,000 discount on its popular i10 and Santro compact cars. 

The firm also offers a discount on its petrol cars to compensate for the price difference between petrol and diesel for one year. Fiat has offered an option to buy a diesel car in place of a petrol car, and the benefit of Rs 1 lakh is given to customers.


[Source:economictimes.indiatimes.com] 

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