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Offers in trunk...your next car’s trying to drive towards you

By Economic Times - 2 months ago
Post-pandemic, automakers are offering more discounts. In Q2 2024, incentives grew to Rs 31,258 from Rs 24,350 in Q2 2023, reports Jato Dynamics. Discounts on diesel, electric, petrol, and CNG cars lead. Ravi Bhatia highlights balancing margins and market share. Maruti Suzuki, Toyota adjusted incentives. High inventory; increased bank funding, says Nikunj Sanghi.

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