After being hit by a poor sales and a poor outlook towards the upcoming festive season, the auto makers are already offering big discounts for the prospective buyers. The deals might get even more lucrative if the inventories keep piling up.
The auto makers have faced a poor sales record in recent times due to the increase in the interest rates, poor economic climate and rising petrol prices. Now in order to change the scenario some of the top companies like Maruti Suzuki, Hyundai, Tata, Ford, and Honda have come up with tempting offers like cash discounts, free insurance and accessories. The other companies like Volkswagen have directly cut the prices of the vehicles.