Automakers in India are offering huge discounts of up to Rs. 2.5 lakh ahead of the Goods and Service Tax (GST) implementation. Luxury brands like Audi, BMW, Mercedes-Benz and Jaguar and Land Rover (JLR) have slashed prices since June in the light of upcoming Pan India tax regime.
Maruti Suzuki, Hyundai, Mahindra, Honda, Nissan and Ford India have also joined the bandwagon with lucrative offers. Here is the complete list of offers and discounts announced by different car and two-wheeler makers.
Maruti Suzuki's most popular model Alto is now being offered with a discount of up to Rs. 35,000 while its tall-boy hatchback Wagon R gets a discount of up to Rs. 30,000. Models like Swift hatchback and Celerio saw a price cut of Rs. 20,000 each. Apart from the price discounts, the dealers are also extending exchange offers and free insurance.
Hyundai Motor India
South Korean carmaker Hyundai is offering discounts of up to Rs. 2.5 lakh. Entry-level model Eon gets discounts of Rs. 45,000 while the new Grand i10 range gets price cut of up to Rs. 73,000. Hyundai Elite i20 and Xcent get a discount of Rs. 25,000 each with Verna and Santa Fe offering the highest discount in the range of up to Rs. 90,000 and Rs. 2.5 lakh respectively.
Mahindra's KUV100 prices slashed by up to Rs. 42,000 and the TUV 300 is up for grabs with a discount of up to Rs. 36,000. Mahindra is also offering exchange bonus alongside cash discounts while XUV500 comes with a huge discount of up to Rs. 65,000.
The US auto major has announced discounts of up to Rs. 30,000 for select models in India. While the Ford EcoSport compact SUV yields a discount of up to Rs. 30,000, the Figo hatchback and the Aspire sedan of Ford come cheaper by up to Rs. 25,000 depending on the variants.
Honda Cars India, on the other hand, is offering up to Rs. 14,500 discount on its hatchback Brio, Rs. 50,000 on compact sedan Amaze, Rs. 17,000 on premium hatchback Jazz and Rs. 60,000 on B-RV under a special scheme valid during June.
Japanese carmaker Nissan joins the list with offers of up to Rs. 25,000 on its Micra range and up to Rs. 80,000 on its Terrano. Besides this, Nissan's low-cost brand Datsun is offering free insurance and reduced interest rates.
Two and three-wheeler major Bajaj Auto has also reduced the prices of its bikes by up to Rs. 4,500 with immediate effect. Up to Rs. 4, 500 price cut across its motorcycles range, starting from the entry level CT 100 priced at Rs 35,183 to the top-end Dominar 400, tagged at Rs 1.53 lakh (ex-showroom Delhi).
Beside this, luxury carmakers like Audi, BMW, Tata Motors-owned Jaguar Land Rover (JLR) and Mercedes-Benz have slashed the prices of their models by up to Rs. 10 lakh.