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Auto companies ramp up discounts, cut prices amid demand revival hope

By Economic Times - 7 days ago
Automakers are hoping for a demand spike in October, following a subdued start to the festive season. Companies like Honda, Hyundai, Mahindra & Mahindra, and Maruti Suzuki are offering incentives and discounts to boost sales. This period accounts for 30-40% of annual sales, with major festivals like Navaratra, Dussehra, and Diwali in October.

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