Auto majors to offer discount on purchase of new vehicles ahead of festive season: Here's how to avail it

Ahead of the upcoming festive season, several passenger and commercial vehicle manufacturers have agreed to provide discounts ranging from 1.5 to 3 per cent on new vehicle purchases when customers trade in their old, scrapped vehicles. This decision was taken following a meeting with Union Road Transport and Highways Minister Nitin Gadkari. According to an official statement released on Tuesday, Mercedes Benz India has committed to offering a flat discount of Rs 25,000 on new vehicle purchases, in addition to all existing discounts. The announcement came after Gadkari chaired a meeting with the Society of Indian Automobile Manufacturers (SIAM) delegation at Bharat Mandapam, where he discussed key challenges facing the automobile industry.