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<ul><li>Automakers have announced <keyword id="22387426" type="General" weightage="100" keywordseo="discounts-on-cars" source="keywords">discounts on cars</keyword> in India for a limited period.</li><li>The discounts have likely been announced due to an inventory buildup and slowdown in sales.</li><li>Here are some of the best discounts announced on cars that you can avail.</li></ul>If you are considering purchasing a car for yourself or someone in your family, now is a great time to do so. Monsoon is here and this time around, it is raining discounts on cars. Several major automakers, such as Maruti Suzuki, Tata Motors, Mahinda and others have announced discounts across a wide range of cars. The reason for the discount ranges from a slowdown in sales to massive inventory buildup, and more. <h2>Maruti Suzuki</h2>Maruti Suzuki, India’s largest automaker has also announced a slew of discounts on cars such as the Jimny, Baleno, Grand Vitara and more. The Jimny, which has had poor sales has received the highest discount at up to ₹1.75 lakh for the Zeta variant and up to ₹1.8 lakh for the Alpha variant. Baleno, one of the company’s most popular hatchbacks has been discounted by ₹35,000 to ₹40,000, depending on the variants. The AMT variant has received the highest discount. The Grand Vitara SUV has received a discount of ₹55,000 for its hybrid variant, while its other variants have been discounted by up to ₹30,000. The company’s latest offering, the Fronx has also been discounted by up to ₹35,000. <h2>Tata Motors</h2>Tata Motors has announced that its popular EV, the Nexon EV will be available with a discount of up to ₹1.3 lakh. The Nexon EV Empowered+ has received the highest discount, while other variants of the car have been discounted by up to ₹60,000. The company’s affordable electric SUV, the Punch EV has also been discounted between ₹10,000 to ₹30,000 based on variants. The company’s premium SUVs, the Safari and Harrier are also available with discounts of up to ₹1.3 lakh. <h2>Hyundai</h2>Hyundai, one of the top automakers in the country has also announced discounts. The company’s popular hatchback i20 is available with a discount of up to ₹30,000 and an additional exchange bonus of ₹10,000. The Verna sedan is being sold with a discount of up to ₹20,000 and an exchange bonus of ₹15,000. The premium SUV from the company, Tucson is being offered with a discount of up to ₹2 lakh, which varies on the model. <h2>Mahindra</h2>Mahindra and Mahindra has officially announced a price cut for its premium XUV700’s AX7 range. It will now be available starting at ₹19.5 lakh (ex-showroom), after a price cut of ₹2 lakh. <h2>MG Motor</h2>MG Motor has announced a discount of up to ₹75,000 on the MG Hector, along with a bonus of ₹55,000. The MG ZS EV is available with a discount of up to ₹1.5 lakh while the premium Gloster SUV is being offered with a discount of up to ₹2 lakh. Disclaimer: The discounts being offered may vary from state to state and are subject to change. The discount may be reduced or you may even get a higher discount, depending on the company and the showroom. Contact the showroom near you to know the exact offers applicable for your car. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/upcoming-cars-launching-in-india-in-july-2024/slidelist/111341281.cms">Upcoming cars launching in India in July 2024</a> <a href="https://www.businessinsider.in/business/auto/news/ola-electric-gets-sebi-approval-for-5500-crore-ipo/articleshow/111141404.cms">Ola Electric gets SEBI approval for ₹5,500 crore IPO</a> <a href="https://www.businessinsider.in/tech/mobile/news/oppo-reno-12-and-reno-12-pro-smartphones-launched-in-india-starting-at-32999/articleshow/111682974.cms">Oppo Reno 12 and Reno 12 Pro smartphones launched in India starting at ₹32,999</a>

It’s raining discounts – Maruti Suzuki, Hyundai, Tata Motors and others offer discounts on cars as sales slowdown

<ul><li>Car makers have announced several year-end offers to attract customers as 2023 comes to an end.</li><li>Maruti Suzuki, Hyundai, Volkswagen and others are among the companies that have announced discounts.</li><li>In this post we look at some of the best year end offers announced by car companies.</li></ul>The year 2023 is about to end and car makers have started offering their annual year-end discounts to offload their existing stock and gear up for 2024. Companies like Maruti Suzuki, Hyundai, Mahindra, Volkswagen and others have announced attractive discounts and exchange offers on their cars. The discounts and the upcoming price hike in January, make it a great time to purchase a car right now if you are in the market for one. You can read this<a href="https://www.businessinsider.in/business/auto/news/car-and-suv-prices-set-to-rise-in-january-2024-should-you-buy-one-in-december/articleshow/105556415.cms"> story</a> to understand whether you should purchase a car in December or not. As per dealer checks, let’s look at the discounts on cars being offered by different companies – <cmsannotation type="cmsannotation" annotationid="Maruti Suzuki" comment="subhead" text="Maruti Suzuki">Maruti Suzuki</cmsannotation> Maruti Suzuki, India’s biggest automaker has announced offers across several cars, including the Jimny, Fronx, Grand Vitara and more. Jimny has received the highest discount from the company. The five-door Jimny is being offered with a discount of up to ₹2.21 lakh, less than a year after its launch. The company has introduced a special Thunder edition of the car, which is available at a discounted price. Apart from this, the Fronx SUV has also received an ₹25,000 offer – a ₹15,000 cash discount and ₹10,000 worth of exchange bonus. Baleno, the company’s popular hatchback has received a cash discount of ₹30,000 and an exchange bonus of ₹10,000. The Grand Vitara gets the same cash discount of ₹15,000 as the Fronx, but the exchange bonus has been bumped up to ₹15,000. The more affordable Ignis has received a huge cash discount of ₹40,000 and an additional exchange bonus of ₹15,000. <cmsannotation type="cmsannotation" annotationid="Hyundai" comment="subhead" text="Hyundai">Hyundai</cmsannotation> South Korean automaker Hyundai has also announced year-end offers for its cars. The company’s affordable Grand i10 Nios is available with benefits of up to ₹45,000 – including a cash discount of up to ₹35,000 and an exchange bonus of up to ₹10,000. The popular i20 and i20 N-Line hatchbacks have received a discount of up to ₹50,000. The Sportz variant of the car has received a discount of ₹35,000. The older i20 N-Line variant is being offered with a cash discount of ₹50,000. If you are looking for a premium option, the Tucson SUV is being offered with a cash discount of ₹1.5 lakh for the diesel variant. <cmsannotation type="cmsannotation" annotationid="Mahindra" comment="subhead" text="Mahindra">Mahindra</cmsannotation> Indian carmaker Mahindra has also announced attractive discounts on its line-up. The Mahindra XUV400, the company’s electric offering has received a huge discount of up to ₹4.2 lakh. It is to be noted that the variants with ESC have received a discount of up to ₹3.2 lakh and cars without ESC will get a higher discount of up to ₹4.2 lakh. The Mahindra XUV300 on the other hand has been discounted by up to ₹1.78 lakh for the top-end variant. <cmsannotation type="cmsannotation" annotationid="Volkswagen" comment="subhead" text="Volkswagen">Volkswagen</cmsannotation> The Volkswagen Tiguan, the company’s premium offering has received a discount of up to ₹4.2 lakh, which includes a cash discount, exchange bonus, service packs and more. The Virtus sedan on the other hand is being offered with benefits of up to ₹1.17 lakh, which includes a cash discount of ₹50,000, exchange bonus of ₹20,000, a corporate discount of ₹17,000 and other special benefits worth ₹30,000. <cmsannotation type="cmsannotation" annotationid="Tata Motors" comment="subhead" text="Tata Motors">Tata Motors</cmsannotation> While Tata Motors has announced year-end offers yet, some of the company’s cars such as the older Nexon, the Altroz and certain variants of the Punch SUV are being offered with some cash discounts. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/car-and-suv-prices-set-to-rise-in-january-2024-should-you-buy-one-in-december/articleshow/105556415.cms">Car prices set to rise in January – Should you buy one in December?</a> <a href="https://www.businessinsider.in/business/auto/news/ola-electric-and-tvs-motor-leading-electric-two-wheeler-sales-in-nov-2023-month/articleshow/105719702.cms">Electric two-wheeler sales rise in Nov as Ola Electric scales a new high</a> <a href="https://www.businessinsider.in/tech/news/indias-pc-market-surges-to-4-5-million-devices-in-q3-2023/articleshow/105285251.cms">India’s PC market shipments surge in Q3 amidst import restrictions talks</a>

Maruti Suzuki to Hyundai – car makers offer huge year-end discounts to push sales

After Maruti and Hyundai, Tata Motors offers discounts as car makers get squeezed between slow sales and slower registrations

<ul><li>India’s auto sector could be looking at mixed performance in March, with some segments likely to clock better growth than others. </li><li>Passenger vehicles, one of the segments that have been driving sales in the past few months, could be looking at a flat March. </li><li>Commercial vehicles are expected to continue growing thanks to infrastructure-led demand seeing a healthy fleet utilisation in the medium to heavy commercial vehicles (MHCV) category. </li></ul>The Indian auto sector could be looking at mixed performance in March due to a combination of erratic rainfall dampening demand for light commercial vehicles (LCVs), and a moderation in demand for passenger vehicles (PVs) during the month, as observed by analysts at <keyword id="46252" type="General" weightage="80" keywordseo="motilal-oswal" source="Orion">Motilal Oswal</keyword>. The brokerage expects a slight uptick in demand for two-wheelers during the month on account of festivals and a low base of the previous year. However, concerns about weakness in the rural markets could drag down the overall numbers. Passenger vehicles, which were in the driver’s seat for a few months now, are expected to clock ‘flattish’ growth during March. “There has been some moderation in enquiries led by muted demand during ongoing festivals and persistent weakness in the rural market,” said the Motilal Oswal report. <cmsannotation type="cmsannotation" annotationid="Commercial vehicles to drive growth" comment="subhead" text="Commercial vehicles to drive growth">Commercial vehicles to drive growth</cmsannotation> The brokerage expects the commercial vehicle segment to drive growth in the auto sector in March. More specifically, the medium and heavy commercial vehicles segment is expected to register a 10-12% year-on-year rise in sales due to “healthy fleet utilisation driven by infra-led demand and pre-buying before OBD-2 transition.” On the other hand, the light commercial vehicle segment is expected to register a decline of 8-10%n due to erratic rainfall and subdued rural sentiments. Unseasonal rains could also weigh on tractor sales, which could decline 3-5% due to expectations of a low Rabi output. <cmsannotation type="cmsannotation" annotationid="Moderation in passenger vehicle sales: High interest rates hurt bookings" comment="subhead" text="Moderation in passenger vehicle sales: High interest rates hurt bookings">Moderation in passenger vehicle sales: High interest rates hurt bookings</cmsannotation> The entry-level segments have been hurting across the passenger vehicle and two-wheeler segments for a while now. So far, weak rural sentiments and elevated inflation were behind the weak performance of the entry-level segment, but now, analysts suggest high interest rates are also adding to the slowdown. “Moreover, rising interest rates have further hampered bookings for low-end models. Although the inventory level has increased to 25-30 days in March versus 20-25 days till February end, it has now come back to the normal level after three years,” the brokerage said. Sports utility vehicles (SUV) continue to be in demand, with waiting periods still being long. For instance, M&amp;M’s popular duo of SUVs, the Scorpio-N and XUV 700 have a waiting period of 3-10 months, and 2-5 months, respectively. The Thar, too, has a waiting period of nearly a month. <keyword id="42747" type="General" weightage="80" keywordseo="tata-motors" source="Orion">Tata Motors</keyword>’ Nexon, on the other hand, has a waiting period of 4-6 weeks. Despite a moderation in demand, discounts have been muted, the brokerage noted, adding that it expects M&amp;M’s sales to rise 16% year-on-year, while Tata Motors could see a modest 3% growth. Market leader <keyword id="44883" type="General" weightage="80" keywordseo="maruti-suzuki" source="Orion">Maruti Suzuki</keyword> is expected to report a 3% fall in dispatches. <cmsannotation type="cmsannotation" annotationid="Slight uptick in two-wheeler sales, but rural demand still weak" comment="subhead" text="Slight uptick in two-wheeler sales, but rural demand still weak">Slight uptick in two-wheeler sales, but rural demand still weak</cmsannotation> Two-wheeler sales have been struggling for a few months now and the pressure is expected to temper a bit during March, with a slight uptick resulting in a 4-6% YoY increase in retail sales, thanks to steady urban demand. However, erratic rains could dampen two-wheeler sales as well, with rural demand still remaining weak. “Overall sales are still down by 15-17% versus the pre-Covid level as rural demand remains weak,” the Motilal Oswal report added. The brokerage also witnessed a large variation in enquiries across states during festivals – while Gujarat, Delhi and Karnataka saw a 2-6% YoY increase in enquiries, UP, Bihar and Maharashtra reported a 4-8% decline. Market leader <keyword id="6357252" type="General" weightage="80" keywordseo="hero-motocorp" source="Orion">Hero MotoCorp</keyword> could see a 4% YoY decline in dispatches, while Bajaj Auto and <keyword id="46156" type="General" weightage="50" keywordseo="tvs-motor" source="Orion">TVS Motor</keyword> could see a 5% fall each. Royal Enfield, on the other hand, is expected to report yet another month of growth, with its dispatches expected to increase 10%. Overall, March could be a mixed bag for the Indian auto industry. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/reliance-industries-jsw-energy-hero-motocorp-among-stocks-in-focus/articleshow/99131742.cms">Sensex, Nifty50 rally on the last day of FY23: Reliance Industries, Nestle, Infosys, ICICI Bank and Tata Motors top gainers</a> <a href="https://www.businessinsider.in/stock-market/news/the-alpha-creators-bank-and-it-stocks-outperform-nifty50-in-the-last-11-years/articleshow/99114789.cms">The Alpha Creators: Bank and IT stocks outperform Nifty50 in the last 11 years</a> <a href="https://www.businessinsider.in/finance/news/npci-introduces-interchange-fees-on-upi-transactions-done-via-prepaid-payment-instruments/articleshow/99080455.cms">Will UPI payments now attract charges? Decoding NPCI’s interchange fee on UPI transactions via prepaid payment instruments</a>

No festive cheer for auto cos in March: PV sales ‘flattish’, 2Ws to see a slight uptick

Check out the latest discounts on Tata, Maruti, Hyundai, Mahindra, and Honda cars in August 2020

<ul><li>
Car makers are offering massive discounts in the current vehicles – some going over ₹1 lakh with discounts!</li><li><keyword id="44883" type="CITY" weightage="20" keywordseo="Maruti-Suzuki">Maruti Suzuki</keyword> is offering ₹1,15,000 total discount on Ciaz. </li><li>With demand being stable, carmakers are also witnessing decreasing inventory days in the passenger vehicles segment.</li></ul>Come 2020, car makers will get closer to the deadline wherein BSIV vehicles will be banned. And the fact that last year witnessed a big slump in sales did not help the growing inventory of vehicles which will no longer be in vogue. That has reflected in deeper discounts towards the later part of the year. But that has not helped the declining sentiment in the midst of a general slowdown and lower consumer confidence. “High discounts (even higher than festive schemes in some cases) and cost increase from January have led to the pickup in demand. However, underlying demand remains weak with over two-thirds of dealers seeing single digit decline or a flat annual sales volume,” said a Nirmal Bang survey report. As new prices will kick in from January and we get closer to the ban of sale of BSIV vehicles in April 2020, cars are going at a discount anywhere between ₹1 to 1.7 lakh. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Car </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Discounts </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Alto </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹60,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Wagon-R </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹40,500 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;"> Maruti Suzuki Dzire </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹60,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Brezza </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹70,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Baleno </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹70,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Ciaz </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1,15,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Hyundai Santro </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹55,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Hyundai Grand i10 </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹75,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Hyundai Creta </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹95,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Hyundai Xcent </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹95,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Mahindra XUV300 </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹71,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Mahindra Scorpio </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹59,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Mahindra XUV500 </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹84,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Mahindra Marazzo </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1,71,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Tata Nexon </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1,00,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Tata Tiago </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹77,500 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Tata Tigor </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹92,500 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Tata Bolt &amp; Zest </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1,05,000 </td></tr></tbody></table>Source:Nirmal Bang Though demand fails to grow, carmakers are witnessing decreasing inventory days in the passenger vehicles segment. Inventory days are the number of days goods stay in the factory before being sold. From a high of 50 days in February, inventory levels have come down to 25-30 in the past few months. Added to that, almost every carmaker has taken production holidays and removed temporary staff to match the lacklustre sales. 
 
 
 
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 In spite of the spillover of excess unsold cars to the new year, most dealers believe that they will not be stuck with unsold vehicles from another era. “Around 70-80% of the dealers sounded confident of liquidating BS-IV inventory before March end. Inventory of slow moving models like Tata Tigor, Tata Bolt, Tata Zest, <keyword id="596" type="CITY" weightage="20" keywordseo="Hyundai">Hyundai</keyword> Xcent, Hyundai Verna are the point of concern dealers,” said the report. SEE ALSO: <a href="https://www.businessinsider.in/thelife/personalities/news/unknown-facts-about-pawan-goenka-the-new-md-and-ceo-of-mahindra-and-mahindra/articleshow/72903252.cms">Pawan Goenka nearly missed the job at M&amp;M ⁠— today he is the MD &amp; CEO</a>

These are the deep discounts on offer on different car models – but they might have failed to lure buyers

<ul><li>This festive season brings huge discounts and offers of sedans, hatchbacks and SUVs.</li><li>Discount offers include loyalty benefits, exchange offers, and more.</li><li>Below, we have curated a list of the best cars you can buy this Diwali.</li></ul>Diwali is just around the corner, and it is that time of the year when the automakers will attract buyers with attractive discounts and exchange offers. Almost every major brand like Mahindra, <keyword id="6912" type="General" weightage="80" keywordseo="maruti" source="Orion">Maruti</keyword>, Honda, <keyword id="8555" type="General" weightage="80" keywordseo="tata" source="Orion">Tata</keyword>, <keyword id="6374528" type="General" weightage="50" keywordseo="toyota" source="Orion">Toyota</keyword> and others has something to offer at this time of the year. During this festive season, you can grab a cash discount of up to ₹50,000, an exchange bonus of up to ₹50,000, loyalty benefits up to ₹1 lakh, and a corporate discount of ₹5,000-₹10,000, Below, we have curated the list of some best and top-selling cars that you can buy this festive season. <cmsannotation type="cmsannotation" annotationid="Maruti Grand Vitara" comment="subhead" text="Maruti Grand Vitara">Maruti Grand Vitara</cmsannotation> <div type="image" title="grand vitara" msid="94639379" hostid="261"></div> This is the latest SUV from Maruti with a claimed mileage of 28kmpl. The car is available in six variants, Sigma, Delta, Zeta, Alpha, Zeta+, and Alpha+. The strong hybrid version of Grand Vitara is known as the Intelligent Electric Hybrid system, which produces 91bhp and 122Nm via the ICE unit and 114bhp and 141Nm, mated exclusively to an e-CVT unit. The Grand Vitara is the most spacious and longest in its segment. For fuel economy, you can go for full hybrid variants, priced from Rs 17.99 lakh to Rs 19.65 lakh. Also, if you want to think ahead of Creta or Seltos, then Maruti Grand Vitara should be on your list. <cmsannotation type="cmsannotation" annotationid="Honda WR-V" comment="subhead" text="Honda WR-V">Honda WR-V</cmsannotation> <div type="image" title="Honda WR-V" msid="94639386" hostid="261"></div> If you are looking for a compact car with an SUV look and feel, then Honda’s WR-V can be a good pick. During the festive season, you can save up to ₹39,298 on WR-V with a cash discount of ₹10,000 or free accessories worth ₹12,000. In addition, you can also avail an exchange bonus of ₹7,000 along with a loyalty bonus of ₹5,000 and a corporate discount of ₹5,000. The Honda WR-V is the crossover of Honda’s Jazz with slightly raised ride height and tweaked styling. The Honda WR-V price starts from ₹9.11 lakh and goes up to ₹12.31 lakh. <cmsannotation type="cmsannotation" annotationid="Hyundai Venue" comment="subhead" text="Hyundai Venue"><keyword id="596" type="General" weightage="80" keywordseo="hyundai" source="Orion">Hyundai</keyword> Venue</cmsannotation> <div type="image" title="Hyundai Venue" msid="94639406" hostid="261"></div> Venue is a good option if you want a car full of features and style. The Hyundai Venue is available in E, S, S(O), S+, SX, and SX (O) variants, and the price starts from ₹7.53 lakh and goes up to ₹12.72 Lakh. Hyundai Venue is available in petrol and diesel engines. The 998cc petrol engine generates a power of 118.41bhp, the 1493cc Diesel engine generates a power of 98.56bhp. Hyundai Venue is available in both manual and automatic transmission. <cmsannotation type="cmsannotation" annotationid="Maruti Alto" comment="subhead" text="Maruti Alto">Maruti Alto</cmsannotation> <div type="image" title="Maruti Alto" msid="94639424" hostid="261"></div> It is one of the most loved cars by Indians as its price starts from ₹3.39 lakh and goes up to ₹5.02 lakh. It is an evergreen entry-level option for those buying their first car. Maruti Alto is available in six variants – Std, Std (O), LXi, LXi (O), VXi, and VXi+. The car is powered by a 0.8-litre petrol engine which produces 47bhp and 69Nm of torque in its petrol version. The car is also available in a CNG variant with the same motor that produces an output of 40bhp and 60Nm of torque. Coming to features, it has a seven-inch touchscreen infotainment system, reverse parking sensors, front and rear bottle holders, power windows, remote keyless entry, and dual front airbags. <cmsannotation type="cmsannotation" annotationid="Hyundai i20" comment="subhead" text="Hyundai i20">Hyundai i20</cmsannotation> <div type="image" title="Hyundai i20" msid="94639437" hostid="261"></div> The Hyundai i20 is a stylish hatchback powered by a powerful engine. The price of the Hyundai i20 starts at ₹7.07 lakh and goes up to ₹11.62 lakh. Hyundai i20 is available in 19 variants - the base model of the i20 is Magna, and the top variant Hyundai i20 Asta Opt Turbo DCT DT, comes at a price tag of ₹11.62 lakh. During the festive season, Hyundai offers exciting exchange and loyalty bonuses, but the offers may vary in different cities and states. <cmsannotation type="cmsannotation" annotationid="Maruti Brezza 2022" comment="subhead" text="Maruti Brezza 2022">Maruti Brezza 2022</cmsannotation> <div type="image" title="brezza." msid="94639453" hostid="261"></div> The new Maruti Suzuki Brezza is powered by a 1.5-litre K12C petrol engine which produces 103bhp and 138Nm of torque. This motor is paired with a six-speed manual and automatic transmission. The Maruti Brezza 2022 features LED projector headlamps, a new grille with chrome touch, fog lights, and new front and rear bumpers. The car has all-new 16-inch dual-tone alloy wheels, an integrated spoiler with a high-mounted stop lamp, and a shark-fin antenna. Maruti Brezza 2022 price starts from ₹7.99 lakh and goes up to ₹13.96 lakh. Brezza is available in 11 variants. <cmsannotation type="cmsannotation" annotationid="Skoda Slavia" comment="subhead" text="Skoda Slavia">Skoda Slavia</cmsannotation> <div type="image" title="Skoda Slavia" msid="94639463" hostid="261"></div> The Skoda Slavia price starts from ₹10.99 lakh and goes up to ₹18.39 lakh. The car is available in 8 variants, and the top model is available for ₹18.39 Lakh. If you are looking for a sedan with some high-end specifications and features, then Skoda Slavia should be on your list. <cmsannotation type="cmsannotation" annotationid="Tata Nexon EV" comment="subhead" text="Tata Nexon EV">Tata Nexon EV</cmsannotation> <div type="image" title="Tata Nexon EV" msid="94639480" hostid="261"></div> If you are willing to buy an electric car this festive season, then Tata Nexon EV can be a good pick. The car is available in three variants: XM, XZ Plus, and XZ Plus Lux. Tata Nexon EV packs a 30.2kWh lithium-ion battery that produces 74bhp and 170Nm of torque and has a claimed range of 312km. Regarding exterior design, Tata Nexon EV gets projector headlamps, LED DRLs, 16-inch diamond-cut alloy wheels, a shark fin antenna, and electric blue accents. The Tata Nexon EV price starts from ₹14.99 lakh and goes up to ₹17.50 lakh. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/tata-tigor-ev-vs-tata-tiago-ev-comparison-of-price-and-features/slidelist/94551771.cms">Tata Tigor EV vs Tiago EV - which one should you buy?</a> <a href="https://www.businessinsider.in/business/auto/news/ev-battery-can-charge-in-three-minutes-a-harvard-backed-company-claimed/articleshow/94295446.cms">Harvard-backed company makes an EV battery that fully charges in three minutes</a>

Best cars under ₹20 lakh to buy this festive season

<ul><li><keyword id="42747" type="CITY" weightage="20" keywordseo="Tata-Motors">Tata Motors</keyword> is all set to announce its fourth-quarter results on June 15 for the quarter ending March 2020</li><li>In a desperate measure, Tata Motors is now also offering hefty discounts on its cars to boost sales. </li><li>The company was already struggling due to the new BSVI norms, and the COVID-19 crisis only made it worse.</li><li>Investors are still cautious as the outlook for cars seems to be a foregone conclusion as estimates, from rating agency Crisil to the one <a href="https://www.businessinsider.in/business/auto/news/tata-motors-maruti-and-hyundai-offer-discounts-on-cars/articleshow/76324233.cms">from dealers association</a>, signal nearly a 25% drop in sales this year. </li></ul>One of India’s largest automakers Tata Motors is all set to announce its fourth-quarter results on June 15 for the quarter ending March 2020. The company was already struggling due to the new BSVI norms, and the COVID-19 crisis only made it worse. Jaguar Land Rover, which accounts for a major portion of the car market in the UK and China took a massive hit during the pandemic. JLR contributes around 82% of the total company revenue, according to last quarter <a href="https://www.bseindia.com/xml-data/corpfiling/AttachHis/61eb5b50-d915-4415-ba1f-cde018628dbc.pdf">earnings</a>. <div type="image" title="JLR Profit Revenue contribution" msid="76370125" hostid="261"></div>JLR sales plunged more than 30% in the past quarter, and the carmaker is now in talks with the government to secure a loan of more than £1billion (₹95 billion), <a href="https://www.bbc.com/news/business-52788791">according to reports</a>. The company’s china segment also raised $705 million (₹53 billion) from Chinese lenders, its first debt financing in China. Amid the sluggish demand, the company also decided to keep one of Jaguar Land Rover’s key British plants in<a href="https://news.sky.com/story/coronavirus-jlr-midlands-plant-to-stay-shut-until-august-12000939"> Castle Bromwich closed until at least mid-August</a>. The outlook for car sales this year in India seems to be a foregone conclusion as estimates, from rating agency Crisil to the one <a href="https://www.businessinsider.in/business/auto/news/tata-motors-maruti-and-hyundai-offer-discounts-on-cars/articleshow/76324233.cms">from dealers association</a>, signal nearly a 25% drop in sales this year. <div type="image" title="Tata sales (1)" msid="76370302" hostid="261"></div> Although the coronavirus lockdown period was just for one week in the relevant period, the company’s domestic sales saw a drop of 84% in March as people preferred to wait for BSVI ⁠— new emission norms⁠— vehicles ⁠instead of picking up the last of the BSIV inventory. “Domestic sales in March 2020 was 5,336 units, deeply impacted by the COVID-19 lockdown as well as the planned transition to BSVI. Retail sales was significantly ahead of wholesales (&gt;300 per cent). Almost all BS-IV vehicles in the ecosystem have been retailed, however, some await registration which was halted due to the lockdown. This will be cleared in the window provided,” <a href="https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/tata-motors-sales-dip-84-to-11012-units-in-march-fy20-sales-down-35/74932759">the company said</a> earlier. Wait for management outlook Owing to the lockdown vehicle registrations in India declined almost 89% on a year-on-year basis to 2 lakh units in May as compared to 18 lakh units last year during the same period, according to the data from Federation of <keyword id="44717" type="ORGANIZATION" weightage="20" keywordseo="Automobile">Automobile</keyword> Dealers Associations (FADA). In which the registration of commercial vehicles saw the steepest decline of nearly 96.63%. Even at home, in India, Tata Motors has had to offer deep discounts as the demand remains tepid. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Discount </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tigor </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 45,000 </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nexon </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 3,000 </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Harrier </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 45,000 </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tiago </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 28,000 </td></tr></tbody></table> On the other hand JLR is expected to burn a lot of cash this year. “we see cash burn of over GBP 1.5-2Bn in F21E and another GBP 1billion in F22E (depending on the capex rationalization in the business). More importantly, visibility of nearing FCF neutral is lacking,” stated a report from JP Morgan, dated April 14. However, it helps that the luxury car maker has a huge pile of cash, almost £3.9 billion (₹371 billion), on its books. But burning cash through the crisis is not going to excite investors, and that will have an impact on the share price. <div type="image" title="tata motors Stock Price" msid="76370182" hostid="261"></div> The company shares price declined over 61.63% since the beginning of the fourth quarter, till March 31— one of the biggest dent in comparison to its peers. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Stock </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Since Dec 31 to March 31 </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Auto </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-36.50% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motor </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-61.63% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Eicher Motor </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-41.84% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">M&amp;M </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-46.39% </td></tr></tbody></table> SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/mm-share-price-gains-as-ssangyong-dents-fourth-quarter-profit/articleshow/76338292.cms" data-type="tilCustomLink">Mahindra and Mahindra sees a ₹2,700 crore dent from Ssangyong and other global subsidiaries</a> <a href="https://www.businessinsider.in/business/auto/news/tata-motors-maruti-and-hyundai-offer-discounts-on-cars/articleshow/76324233.cms" data-type="tilCustomLink">After Maruti and Hyundai, Tata Motors offers discounts as car makers get squeezed between slow sales and slower registrations</a>

JLR saved the last quarter for Tata motors⁠— but the challenges in China, UK, and Europe are mounting

<ul><li>The <keyword id="6357061" type="SPONSORED" weightage="20" keywordseo="earnings">earnings</keyword> estimates for the third quarter for FY20 show that the sole earner from the festive season could be <keyword id="44883" type="CITY" weightage="20" keywordseo="Maruti-Suzuki">Maruti Suzuki</keyword>.</li><li><keyword id="42747" type="CITY" weightage="20" keywordseo="Tata-Motors">Tata Motors</keyword> and <keyword id="45224" type="CITY" weightage="20" keywordseo="Mahindra">Mahindra</keyword> &amp; Mahindra may see a quarterly jump in sales and revenue, could fall behind on a year-on-year basis. </li><li>The rise in sales for Maruti Suzuki has come in after the festive season, along with the massive discounts being offered by the company.</li></ul>The Indian auto industry has carried its baggage to the new year - and that includes slowing sentiment, rising fuel prices and worse - is the inventory of vehicles which are soon going to be banned by the government. As they battled low sales all of last year, there was a silver line of hope that had its effect on their third quarter earnings. The earnings estimates from stock brokers for the third quarter for FY20 show that the sole earner from the festive season could be Maruti Suzuki. However, its peers like Tata Motors and Mahindra &amp; Mahindra which may see a quarterly jump in sales and revenue, will fall behind on a year-on-year basis. 
 
 
 
 
 
 
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 “We expect revenues to increase year-on-year on a 2% rise in volumes and 7% increase in realizations. Realizations are expected to rise due to price increases (relating to safety-norms, emission norms and other factors) and benign mix. EBITDA margin is expected to increase due to a low base, reduction in commodity prices and cost-reduction efforts,” said the Emkay report. In the last quarter of 2019, auto manufacturers took advantage of the festive season to hasten to sell before the transition to BSVI. 
 
 
 
 
 
 
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 But there might be a price to pay for the sales growth - as they happened on the back of massive discounts. The report further said that margins are expected to expand by 90 basis points year-on-year for companies, softening input prices and cost-reduction measures. However, even the discounts failed to do the trick for the likes of Tata Motors, which reported a 13% decline in its December domestic sales volumes. Here are the discounts offered by the companies in December. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Car </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Discounts </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Alto </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹60,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Wagon-R </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹40,500 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Swift Dzire </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹60,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Brezza </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹70,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Baleno </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹70,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki Ciaz </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1,15,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Hyundai Santro </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹55,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Hyundai Grand i10 </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹75,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Hyundai Creta </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹95,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Hyundai Xcent </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹95,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Mahindra XUV300 </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹71,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Mahindra Scorpio </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹59,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Mahindra XUV500 </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹84,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Mahindra Marazzo </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1,71,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Tata Nexon </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1,00,000 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Tata Tiago </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹77,500 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Tata Tigor </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹92,500 </td></tr><tr><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Tata Bolt &amp; Zest </td><td style="border-left:solid #cccccc 0.7421872500000001pt;border-right:solid #cccccc 0.7421872500000001pt;border-bottom:solid #cccccc 0.7421872500000001pt;border-top:solid #cccccc 0.7421872500000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1,05,000 </td></tr></tbody></table> Source:Nirmal Bang In spite of the disappointing prospects in the third quarter, the new year might bring in new hope for the sector. The upcoming Union Budget might also provide the much-needed relief. The government has taken cognisance of the sector’s problems with a stimulus package in August 2019. “After enduring tough times over the past five quarters, <keyword id="46211" type="ORGANIZATION" weightage="20" keywordseo="Auto-sales">auto sales</keyword> cycle should see a gradual improvement on better rural sentiment, lower interest rates, improvement in macro environment and the likely implementation of a scrappage policy,” said the Emkay report. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/chinese-auto-giant-and-suv-leader-great-wall-motors-to-debut-in-india-at-auto-show-2020/articleshow/73116314.cms">Chinese auto giant and SUV leader Great Wall Motors is set for an India debut, which could be a threat to MG Motors</a>

Festive sales might bring cheer for Maruti as Tata Motors and Mahindra to remain in the red, predict analysts

<ul><li>Insurance premiums are increasing from June 1st, after a draft proposal by the government proposed hikes in third-party cover was notified.</li><li>Now that the proposal has been passed, vehicle owners have to shell out up to 21% more for third-party insurance.</li><li>Insurance premium rates are usually revised annually, but the government had frozen rate hikes for two years.</li></ul><keyword id="10628936" type="General" weightage="20" keywordseo="vehicle-insurance-premiums" source="Orion">Vehicle insurance premiums</keyword> are all set to increase from June 1st, after the government’s proposal was accepted by the relevant stakeholders. According to the now-approved proposal by the Ministry of Road Transport, third-party <keyword id="6381626" type="General" weightage="20" keywordseo="motor-insurance" source="Orion">motor insurance</keyword> premiums have seen an increase of up to 21%, making it more expensive than ever to insure your car or two-wheeler. Insurance premiums have not been revised for two years, since the onset of the COVID-19 pandemic. The last revision was done in 2019-20, and this could be the justification behind the relatively steep hike proposed by the ministry. It is worth noting that third-party insurance premium rates are revised by the Insurance Regulatory and Development Authority of India (IRDAI) every year. Third-party insurance is mandated by law, which means the increase in insurance premium will be passed on to vehicle owners. Third-party insurance covers damage to others in a road accident, and is mandatory alongside cover for own damage. However, if you want to avoid this, you can renew your vehicle insurance policy before June 1, 2022. Interestingly enough, there is a 5% decrease in the premium for two wheelers with an engine capacity of 75-150cc. Premiums for private cars above the 1,500cc capacity also see a nominal increase of ₹7. <cmsannotation type="cmsannotation" annotationid="Proposed third-party insurance premium rates from 2022-23:" comment="subhead" text="Proposed third-party insurance premium rates from 2022-23:">Proposed third-party insurance premium rates from 2022-23:</cmsannotation> <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Old rate </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">New rate </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Change </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Cars 1000cc </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹2,072 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹2,094 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">1% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Cars 1000-1500cc </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹3,221 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹3,416 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">6% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Cars &gt;1500cc </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹7,890 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹7,897 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">0% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Two wheelers &lt;75cc </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹482 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹538 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">12% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Two wheelers 75-150cc </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹752 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹714 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">-5% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Two wheelers 150-350cc </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹1,193 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹1,366 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">15% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Two wheelers &gt;350cc </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹2,323 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹2,804 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">21% </td></tr></tbody><tbody></tbody></table> Source: Insurance Regulatory and Development Authority of India <cmsannotation type="cmsannotation" annotationid="Government proposes a discount of 15% for electric vehicles" comment="subhead" text="Government proposes a discount of 15% for electric vehicles">Government proposes a discount of 15% for electric vehicles</cmsannotation> In order to further incentivise electric vehicle sales, the government has also proposed a discount of 15% on the premiums for electric cars and two wheelers. Apart from this, a 7.5% discount has been proposed for hybrid electric vehicles. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/ril-info-edge-nazara-technologies-and-other-hot-stocks-to-watch-out-for-on-march-7/slidelist/90041878.cms">RIL, Info Edge, Nazara Technologies and other hot stocks to watch out for on March 7</a> <a href="https://www.businessinsider.in/business/auto/news/this-electric-scooter-will-have-the-same-range-as-that-of-the-tata-nexon-ev/articleshow/89924450.cms">This electric scooter will have the same range as that of the Tata Nexon EV</a> <a href="https://www.businessinsider.in/business/auto/news/best-scooters-and-bikes-in-india-under-1-lakh/slidelist/89588060.cms">Best scooters and bikes in India under ₹1 lakh</a>

Vehicle insurance premiums to increase from June 1 – here’s how much the new premiums will cost you

<ul><li>The Bharat Stage 6 or BS6 emission norms have been implemented in India.</li><li>Here are some BS6 compliant cars that you can buy under ₹10 lakh in India. </li></ul>To help the automakers clear BS4 stocks, the Supreme Court had <a href="https://www.businessinsider.in/business/auto/news/sc-allows-bs4-vehicles-to-be-sold-till-april-24-but-restricts-it-to-10-of-the-6400-crore-stock/articleshow/74847398.cms">extended</a> the March 31 deadline for the implementation of BS6 norms to April 24. However, the country has been under lockdown from March 24. The BS6 vehicle emission norms focus on minimizing pollutant emissions from the vehicles. If the automakers approach the apex court again after the lockdown ends, the BS4 deadline may be extended again. However, the companies have already announced BS6 complaint variants of their cars and it’s better to go for these now. Today, we will look at some of the top BS6 compliant cars that you can get under ₹10 lakh in India. <div type="Article" hostid="261" msid="74134283" title="Top BS6 bikes and scooters in India" mstype="2" mssubtype="0"></div> Top <keyword id="8091221" type="UNKNOWN" weightage="20" keywordseo="bs6-cars">BS6 cars</keyword> under ₹10 lakh in India The prices mentioned below are ex-showroom prices for Delhi. They may vary slightly depending on your city. Hyundai Creta – Starting at ₹9.99 lakh <div type="image" title="Hyundai Creta" msid="75526672" hostid="261" caption="&amp;lt;p&amp;gt;Source: BCCL&amp;lt;/p&amp;gt;"></div> Hyundai has launched fourteen variants of the BS6 compliant Creta with three engine options. The standard petrol variant is equipped with a 1.5-litre petrol engine that can develop 112 bhp of power and 144 Nm of peak torque. The second engine variant is equipped with a 1.4-litre Turbo GDi unit that can generate 138 bhp of power and 242 Nm of peak torque. The third engine option is a 1.5-litre diesel engine that can generate 113 bhp of power and 250 Nm of peak torque. Kia Seltos - Starting at ₹9.69 lakh <div type="image" title="Kia Seltos" msid="75526722" hostid="261" caption="&amp;lt;p&amp;gt;Source: Kia&amp;lt;/p&amp;gt;"></div> The Kia Seltos BS6 variant was launched in August 2019 and is available in two petrol and one diesel engine variant. The 1.4-litre petrol engine offers 140 PS of power and 242 Nm of peak torque, the 1.5-litre petrol engine offers 115 PS of power and 144 Nm of peak torque and the 1.5-litre diesel engine offers 115 PS of power and 250 Nm of peak torque. Renault Duster – Starting at ₹8.49 lakh <div type="image" title="Renault Duster" msid="75526734" hostid="261" caption="&amp;lt;p&amp;gt;Source: Renault&amp;lt;/p&amp;gt;"></div> Renault has announced the BS6 compliant variant of the Duster in India. The company has discontinued the 1.5-litre diesel engine and offers the car in a 1.5-litre four-cylinder petrol engine that can develop 105 bhp of power and 142 Nm of peak torque. The company is currently offering the car with five-speed manual gearbox transmission. Maruti Ertiga – Starting at ₹7.59 lakh <div type="image" title="Maruti Suzuki Ertiga" msid="75526764" hostid="261" caption="&amp;lt;p&amp;gt;Source: Maruti&amp;lt;/p&amp;gt;"></div> The Maruti Ertiga was upgraded to BS6 in July last year and the company has discontinued the diesel engine. The new Ertiga is equipped with a 1.5-litre petrol engine that can develop 105 PS of power and 138 Nm of peak torque. The BS6 variants of the car are priced around ₹10,000 more than the BS4 variants. Tata Nexon – Starting at ₹6.95 lakh <div type="image" title="Tata Nexon" msid="75526800" hostid="261" caption="&amp;lt;p&amp;gt;Source: Tata Motors&amp;lt;/p&amp;gt;"></div> Tata Motors had announced the BS6 compliant Tata Nexon in January this year. The car is available in one petrol and one diesel variant. It features a 1.2-litre three-cylinder turbocharged petrol engine that generates 118 bhp of power and 170 Nm of peak torque. On the other hand, the 1.5-litre diesel engine generates 108 bhp of power and 260 Nm of peak torque. Maruti Suzuki Swift – Starting at ₹4.99 lakh <div type="image" title="Suzuki Swift" msid="75526821" hostid="261" caption="&amp;lt;p&amp;gt;Source: Maruti Suzuki&amp;lt;/p&amp;gt;"></div> Maruti Suzuki Swift, one of the most popular budget cars from the company is also available with a BS6 compliant engine. The car is equipped with the same engine as the Baleno. It is equipped with a 1.2-litre four-cylinder petrol engine that can generate 82 bhp of power and 113 Nm of peak torque. The company has decided not to upgrade the 1.3-litre diesel engine. Maruti Suzuki S-Presso – Starting at ₹3.69 lakh <div type="image" title="Maruti Suzuki S-Presso" msid="75526847" hostid="261" caption="&amp;lt;p&amp;gt;Source: Maruti Suzuki&amp;lt;/p&amp;gt;"></div> The Maruti Suzuki S-Presso micro SUV was launched in September last year and is based on the company’s Heartect platform. It is equipped with a 1.0-litre K10B petrol engine that can develop 68 bhp of power and 90 Nm of peak torque. See also: <a href="https://www.businessinsider.in/business/auto/news/sc-allows-bs4-vehicles-to-be-sold-till-april-24-but-restricts-it-to-10-of-the-6400-crore-stock/articleshow/74847398.cms">SC allows BS4 vehicles to be sold till April 24 but restricts it to 10% of the ₹6400 crore stock</a> <a href="https://www.businessinsider.in/business/auto/news/bs6-deadline-get-discounts-up-to-3100000-on-premium-bs4-cars-in-india/articleshow/74437821.cms">BS4 discounts on premium cars - Get discounts up to ₹31,00,000 on premium BS4 cars in India</a> <a href="https://www.businessinsider.in/business/auto/news/bajaj-hero-honda-and-tvs-announce-discounts-on-bs4-vehicles/articleshow/74913233.cms">Bajaj, Hero, Honda and TVS announce discounts on BS4 vehicles</a>

Top BS6 cars under ₹10 lakh in India in May 2020

<ul><li>Kia Motors India has launched the most anticipated all-new Kia Sonet, today at a virtual event.</li><li>The company has priced the Kia Sonet SUV at an introductory rate of ₹ 6.71 lakh. </li><li>The company revealed Kia Sonet had received over 25,000 bookings so far since the pre-booking opened, and continues to receive over 1,000 bookings every day.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Kia Motors India has launched the most anticipated all-new <a href="https://www.carandbike.com/kia-cars/sonet" data-type="tilCustomLink">Kia Sonet</a>, today. The company has priced the Kia Sonet SUV at an introductory rate of ₹ 6.71 lakh. The market had predicted the price to be around ₹8 lakh - ₹12 lakh (ex-showroom) in India. The company revealed <a href="https://www.carandbike.com/kia-cars/sonet" data-type="tilCustomLink">Kia Sonet</a> had received over 25,000 bookings so far since the pre-booking opened, and continues to receive over 1,000 bookings every day. Kia Sonet was first showcased at the Auto Expo 2020 as a concept and made its world premiere on August 7. The company then revealed that it is a fully ‘Made-in-India’ product, and it would be available in many of the brand’s global markets post the launch. Here’s all you need to know about all new Kia Sonet: Kia Sonet - Features The all-new SUV is equipped with 57 connected car features including remote engine start/stop and remote air-con controls, high-tech digital display and instrument cluster, featuring a first-in-segment 10.25-inch HD touchscreen and navigation system with UVO connected technologies. It also comes with the BOSE Premium seven-speaker audio with a subwoofer. Another feature includes a smart pure air purifier with virus protection. Kia Sonet - Safety features Kia Sonet comes with an array of safety features. The features include six airbags, the anti-lock braking system with electronic brake-force distribution, electronic stability control, hill-start assist control, vehicle stability management, and brake assist that keeps you safe. Kia Sonet - Strengths Kia Sonet comes in 10 different variant that include — beige gold, intelligency blue, aurora black pearl, intense red, gravity grey, steel silver, glacier white pearl, beige gold + aurora black pearl, glacier white pearl + aurora black pearl, intense red + aurora black pearl. And, just not that, the company also offers a choice of two petrol engines to choose from one is a Smartstream 1.2-litre four-cylinder and a powerful 1.0 T-GDi (turbocharged gasoline direct injection) and another being an efficient 1.5-litre CRDi diesel engine with a choice of five transmissions. Kia Sonet - Competition The Kia’s compact SUV will compete against Maruti Vitara Brezza and Hyundai Venue, Tata Nexon and others. SEE ALSO: <a href="https://www.businessinsider.in/business/ecommerce/news/amazon-flipkart-and-other-e-commerce-players-could-hit-7-billion-in-diwali-sales-this-year/articleshow/78181341.cms" data-type="tilCustomLink">Amazon, Flipkart, and other e-commerce players could hit $7 billion in Diwali sales this year</a> <a href="https://www.businessinsider.in/business/auto/news/checkout-the-top-discounts-and-exchange-bonus-on-maruti-suzuki-cars/articleshow/78121584.cms" data-type="tilCustomLink">These are the top discounts and exchange bonus offers on Maruti Suzuki cars</a>

You Searched For "tata nexon discounts" and got 12 results

It’s raining discounts – Maruti Suzuki, Hyundai, Tata Motors and others offer discounts on cars as sales slowdown

Sourabh Jain

Maruti Suzuki to Hyundai – car makers offer huge year-end discounts to push sales

Sourabh Jain

After Maruti and Hyundai, Tata Motors offers discounts as car makers get squeezed between slow sales and slower registrations

Navdeep Yadav

No festive cheer for auto cos in March: PV sales ‘flattish’, 2Ws to see a slight uptick

Rounak Jain

Check out the latest discounts on Tata, Maruti, Hyundai, Mahindra, and Honda cars in August 2020

Navdeep Yadav

These are the deep discounts on offer on different car models – but they might have failed to lure buyers

Sanchita Dash

Best cars under ₹20 lakh to buy this festive season

Rahul Verma

JLR saved the last quarter for Tata motors⁠— but the challenges in China, UK, and Europe are mounting

Navdeep Yadav

Festive sales might bring cheer for Maruti as Tata Motors and Mahindra to remain in the red, predict analysts

Sanchita Dash

Vehicle insurance premiums to increase from June 1 – here’s how much the new premiums will cost you

Rounak Jain

Top BS6 cars under ₹10 lakh in India in May 2020

Rounak Jain

Kia Sonet SUV launched in India at ₹6.71 lakh— Here’s all you need to know about its features, design and competition

Navdeep Yadav

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