As they say, “Every cloud has a silver lining”, we have good news for people who are considering buying petrol cars. While the country is still in shock after the recent petrol price hike, the leading car makers of India has come forward, trying to soften the harshness. Auto giants like Maruti Suzuki India Limited (MSIL), Hyundai Motor India Limited (HMIL), and Tata Motors Limited have announced discounts on Petrol Cars, but for a limited period.
Maruti, India’s leading car manufacturer is offering discounts ranging from Rs. 15,000 to Rs. 30,000 on the entire petrol car line up. The highest discount of Rs. 30,000 is available on the best selling small car, Alto. MSIL was experiencing a fall in sales of Alto lately and the company hopes that offering discounts might boost up the sales.
Mr. Mayank Pareek, Managing Executive Officer (Marketing and Sales), MSIL, told PTI: “Sales of entry level cars are getting affected in recent months due to very high fuel prices. Sales of Alto is falling and to boost sales of the car, we will offer discounts of Rs 30,000 till month-end”. The sales of Alto has come down to a monthly average of about 20,000 – 22,000 units from 25,000 – 28,000 units in last fiscal, he also added.
Hyundai, India’s second largest car maker is offering discounts up to Rs. 3,000 on the entire range of their petrol cars like Eon, Santro, i10, i20, Accent and Verna. The company calls it Petrol Price Lock Assurance scheme, ending on 31st May, 2012.
Mr. Arvind Saxena, Director (Marketing and Sales), HMIL, said: “The Petrol Lock Scheme will insulate the customer from the impact of the price hike. The price hike is severe and we need to soften the blow for our customers”.
Tata Motors has announced discounts ranging between Rs. 10,000 and Rs. 50,000 on the petrol line up of it’s Indica and Indigo family. A Tata Motors spokesperson said: “We are offering discounts on the petrol variants of Indica and Indigo family. The rebate will vary between Rs 10,000 and Rs 50,000 depending on the model”. As for Nano, there’s almost always a discount offer going on. For this month (May), offered discount amount is Rs. 10,000
Are these schemes encouraging enough to buy a petrol car? What do you think? Car makers are surely trying their best to offer customers best and tempting deals, but still we’re noticing a major shift towards diesel cars. Will these schemes be able to make the manufacturers smile? It seems think we all know the answer!
News Source: Economic Times