Auto majors to offer discount on new vehicles against scrappage certificate

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The story "Auto majors to offer discount on new vehicles against scrappage certificate" was covered 5 days ago by Business Standard, a news publisher based in India.

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Auto majors to offer discount on new vehicles against scrappage certificate - Business Standard

Quick Summary:

Ahead of the festive season, several passenger and commercial vehicle manufacturers have agreed to offer discounts of 1.5-3 per cent on new vehicle purchase against scrapped old vehicles after a meeting with Union Minister Nitin Gadkari, an official statement said on Tuesday.

Union Road Transport and Highways (RT&H) Minister Nitin Gadkari on Tuesday chaired a meeting with the SIAM delegation at Bharat Mandapam, where he addressed pressing issues in the automobile industry.

The statement further said Mercedes Benz India has offered a flat discount of Rs 25,000, which will be over and above all existing discounts.