auto companies

discounts: As buyers diss cars, auto companies count on offers

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discounts: As buyers diss cars, auto companies count on offers

Carmakers and dealers are offering incentives by way of discounts, exchange bonuses, assured gifts to the tune of 5-11% – the highest in five years – in a bid to tempt buyers amid mounting inventory as sales slow, following a record FY24. The offers aren’t just on older models launched two to three years ago … Read more

electric vehicles: Budget 2024 Expectations: Auto companies seek continued push to green mobility, infrastructure development

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electric vehicles: Budget 2024 Expectations: Auto companies seek continued push to green mobility, infrastructure development

Interim Budget Expectations: The government needs to continue with favourable policies to promote green mobility while also focussing on infrastructure development at a robust pace in the upcoming Budget, according to some leading firms in the automobile space. The Union government is all set to present the interim budget on February 1. “We expect capex … Read more