With sales in the slow lane, car companies ramp up September discounts

With sales in the slow lane, car companies ramp up September discounts

Carmakers are offering deeper discounts in a desperate push to entice buyers and clear inventory as sales remain sluggish. Starting this month, the level of discounts has risen to 12-14% of the average selling price (ASP) of a vehicle from 10-12% in August. For some models, total discounts offered are well over ₹3 lakh which … Read more