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BQ Survey | Discounts Bump Up Auto Sales Near September-End
Sales of cars and two-wheelers rose marginally in September as discounts and promotions jumped to their highest in 2019.
30 Sep 2019, 02:41 PM IST
Retail sales of cars and two-wheelers rose marginally in September over the previous month as automakers offered the year’s biggest discounts yet, according to a BloombergQuint survey of 10 large dealerships across India.Automakers, including Maruti Suzuki (India) Ltd., announced discounts ranging between Rs 5,000 and Rs 1 lakh on some of its cars, nearly a week after the government reduced corporate tax rates to spur economic growth...
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