New Delhi: Automobile industry is one of the hardest-hit sectors due to the coronavirus-induced lockdown. With near-zero sales in April for most brands, automakers are innovating with more digital options and sanitized environments to lure customers.
Mercedes, one of the earliest luxury car makers in India, recently announced an extended 10-year loan scheme. Called Wishbox 2.0, customers will be exempted from paying EMIs for the first three months. There is a Step-Up 2020 scheme in which a customer can pay low EMIs for the first 6 months and regular EMIs thereafter. The scheme requires a down payment of 20 per cent.
Customers can also get a buyback guarantee after 5 years. The EMI per lakh for this is Rs 1,499.
Maruti Suzuki, on the other hand, is reportedly mulling leasing options for its customers in order to push sales. The company has leasing options for corporates and this might be extended to individual customers as well.
Mahindra, Hyundai and most luxury brands already offer such leasing options.
Bhubaneswar/Koraput: With people of disputed Kotia in Koraput participating enthusiastically in the simultaneous Lok Sabha…
New Delhi: A video has emerged of BJP’s Lok Sabha candidate for Hyderabad, K Madhavi…
Bhubaneswar: At least two persons were injured in a clash between rival groups during polling…
K-Dramas (short for Korean Dramas) have become a worldwide phenomenon and enjoy a huge fan…
Bhubaneswar: Scattered to fairly widespread light to moderate rainfall accompanied by thunderstorm, lightning and squally…
Berhampur: Police recovered the mutilated body of a youth from near a canal at Narayanpur…
Bhubaneswar: Responding to BJD's query on its chief ministerial candidate, Odisha BJP president Manmohan Samal…
Bhubaneswar: Trouble mounted for actor-turned-politician Anubhav Mohanty as the JMFC court in Cuttack issued Non-Bailable…