Thursday, September 12, 2024

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

Carmakers are increasing discounts to attract buyers and clear inventory as sales remain sluggish. Discounts have risen to 12-14% of the average selling price from 10-12% in August. Models like Mahindra's Scorpio Classic and Honda's Amaze sedan see significant discount hikes. The trend is ahead of the Shradh period, which may further impact sales.

from Auto-Industry-Economic Times https://ift.tt/IyFs5oP

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...