DISCOUNTS ON PASSENGER vehicles (PVs) have shot up in December with a jump of 50-100% in consumer offers for some models over those in November.
The best offers are the ones for the models that were manufactured in 2023 but are yet to find buyers.
With demand subdued, dealers are facing an uphill task in liquidating more than two months of inventory before January.
Dealers of Tata Motors have raised the scheme offer on the 2023, pre-facelift Safari and Harrier models to ₹3.7 lakh in December from ₹2.75 lakh in November.
Toyota Kirloskar has raised the offer by a flat ₹50,000 on the Innova Crysta, Fortuner and Fortuner Legender models to up to ₹2.25 lakh.
The Volkswagen Tiguan is carrying an offer of ₹4.9 lakh against ₹4 lakh offered in November.
Esta historia es de la edición December 10, 2024 de Financial Express Chennai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 10, 2024 de Financial Express Chennai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
AI agents enhance customer service
• Freddy AI handles common queries & troubleshooting
Emerging from the shadows
THEY SAY THE third time's a charm and that seems to be true for the Women's Premier League (WPL), whose third season is underway.
UK, France & Ukraine to work on truce, discuss it with US: Starmer
BRITAIN, FRANCE AND Ukraine have agreed to work on a ceasefire plan to present to the US, British Prime Minister Keir Starmer said Sunday before a summit with European leaders to discuss ending the war.
SpiceJet spreads wings with expanded fleet
Flying High
A lot can happen over lunch
Unlike most startup founders, they were not techies who bonded over their passion for coding in the premises of an Indian Institute of Technology.
Opportune time to invest in stocks: Morgan Stanley India MD
INDIA'S EQUITY MARKET is in a bright spot despite ongoing corrections, and this may well be an 'opportunistic time' to invest in stocks, Morgan Stanley India managing director Ridham Desai said on Sunday.
Market prepares for a slow grind
THE NIFTY SLUMPED 420 points, or 1.86%, on Friday to close at its lowest since June 2024 at 22,124.
US Firm Firefly Scores Its First Moon Landing With Blue Ghost Spacecraft
A PRIVATE LUNAR lander carrying a drill, vacuum and other experiments for NASA touched down on the moon Sunday, the latest in a string of companies looking to kickstart business on Earth's celestial neighbour ahead of astronaut missions.
Banks' CASA deposits decline as customers switch over to FDs
Behavioural Shift
Climate change in classroom
SLP to create climate leaders