Companies offer heavy discounts on cars, SUVs as slowdown bites

Expensive fuel, high insurance costs and crashing stocks have dampened car sales which is why Maruti Suzuki, Hyundai, Mahindra, Ford and Tata Motors, to luxury sellers like BMW, Audi and Mercedes-Benz are offering discounts on hatchbacks, sedans, and SUVs. These offers range from Rs 50,000 on Maruti Alto mini to Rs 14 lakh on BMW 7-Series Saloon.

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