Why there is a flood of discounts in automotive showrooms along with Monsoon

If you walk into any automotive showroom today you will be welcomed with salespersons offering you very attractive discounts on almost any vehicle. Take the Tata Harrier in this video, you can get a discount of up to Rs 1.4 lakh off on this car, and this is a published official discount, not like the unofficial three lakh discount you can get on the Maruti-Suzuki Jimny. Then take the Mahindra XUV700 top variants the AX7 and AX7L, there are discounts of upwards of two lakh on those cars. And the luxury car market there is a bloodbath, with discounts ranging upwards of ten lakh rupees on some cars.
But why are carmakers offering such huge discounts? Despite growth slowing to a trickle, the Indian automotive market saw growth of just three percent in the first quarter of Financial Year 2024-2025 as compared to the same period last year, there is still growth. IN this video, ThePrint's Contributing Editor, Kushan Mitra looks at some of the reasons behind some of the really attractive offers you have going right now. And should you bite? Especially with some really nice new cars coming along and confusion regarding Hybrids and Electric vehicles.
@TataMotorsCars
@MahindraAutomotive
@NexaExperience
@kushanmitra
#TataHarrier #TataMotors #MahindraAuto #MahindraXUV700 #MarutiSuzukiJimny #MarutiSuzuki #IndiaCarNews #IndianAutomotive #Automobiles #Discounts #CarSales #Hybridcar #electricvehicle
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[@blackbirds1440]

The automakers got too greedy after the pandemic. The price correction is happening now. Every car is overpriced by 15-20%

[@gagandeepnote]

Spot on

[@josemathew143]

True…. Actually a top end normal sedan or compact suv which is coming upto 25 L … where actually it cost only 18 max

[@hashirsiddiqui8491]

Yes they had to after the vulgar inflation caused by idiot Modi's govt

[@SriniVenkata-my4uw]

@@blackbirds1440 it is also because of stringent government regulations, hefty taxes

[@user-ebmdad]

A space that THE PRINT should enter. Automobile news .

[@KushanMitra]

Thank you!

[@jasweengujral]

6 mins of my life never coming back

[@dxbrane]

Getting a Jimny is very tempting at the discounted price. Still wouldn't buy it as a second car.

[@maheshduddikunta5960]

That car is not worth more than 10 lakh OTR 😂😂

[@blackbirds1440]

If you live in NCR, nothing short of a 4x4 Thar will do in the rainy season. I think the Thar was designed to tackle the pothole ridden moonscapes of the NCR.

[@udayahire5500]

Is this discount apply on on road price or ex. Showroom? Pl. Specify.

[@sreecharan4300]

Even they realize at these prices no ones going to buy. jaldi chepdo maal

[@anujkerketta]

Basic demand supply gap which will further increase with time..

[@meher_pratap]

The main reason being the buyers market phase has ended. Demand is slowly going down, and the people just have lesser money in their pockets

[@vm-my6hg]

U mean sellers market phase

[@meher_pratap]

@@vm-my6hg nope. Sellers market is when demand is high and products are not available/production not keeping up. Now we have more product and lesser interest/tighter capital in the market

[@vm-my6hg]

@@meher_pratap that's what ended na, u said buyers market phase has ended and it was actually sellers market phase with high demand and rising prices with so called shortages in semiconductors.

[@akshaytiru8548]

It's Not New Seasonal Sales Of Automobiles Drops Down in Peak Monsoon Season And People Are Busy In ITR Filing, I have Worked In Automobile Showrooms In sales. Best Season to Purchase new Car.

[@oinamthoujal8196]

Purchasing power of people are decreased.

[@atst5522]

Now new models available All pre COVID models Baleno Harrier Altroz Tiago I20 Venue Xuv 700 City Amaze Dzire is a TAXI Ertiga is a TAXI all new models have no discount which are good like CRETA HYCROSS THAR

[@surajmc2345]

Most useless piece of video. No definitive answer. We expect better from you print.

[@Sk-cr2bl]

Berojgari mahgai are in in its peak , inequality is growing.. that's why sales are reducing.....🧐🧐🧐🧐

[@Kavishbudy007]

Feel like I have wasted my time watching this video .. I only watched due to print .

[@Rahulshahrps]

Harrier ad😅😅😅

[@anandthakkar3099]

But they think tht the give better then luxury cars y to increase rate they have to increase rate littel littel thts y they face this problem

[@anandthakkar3099]

Even thats true that hybrid cars and electric gov tax. Is decress

[@SriniVenkata-my4uw]

I got a discount of 1.3 lakhs for kia seltos diesel imt

[@udayahire5500]

Is it calculated on, on road or ex. Showroom pl. Indicate.

[@SriniVenkata-my4uw]

@@udayahire5500 on the final price

[@anirudh727]

Let me remind you that the Xuv 700 costs 23 lakhs in australia on road and 32 lakhs on road india. The car makers in india are keeping too much profit margin and are now blaming g the govt or people for not buying.

[@shreepads]

Taxes?

[@DhairyaParmaker]

What i am so surprised to know this🤐

[@vm-my6hg]

I don't think Australia has 50% GST+Cess and then some road tax on an SUV.

[@arnavaggarwal8770]

How are you so ignorant towards the heavy taxes being levied by the government?

[@abhishekpawar5126]

Taxes are simply too high