Discounts to clear car stocks at retail end

Looking at the sharp decline in the sales of the cars, various automobile companies are now coming with various offers providing best deals to the customers to increase the sales of the cars. In order to sell all their stocks the various dealers and companies are giving high concessions on different-different models of the cars.
Maruti Suzuki had already made a move in this regard with concessions on WagonR and Maruti-800. The Maruti officials has decreased the prices of WagonR by Rs.25,000 along with insurance and that too in the month of december. Earlier the concession been provided for the car was only Rs.12,000, insurance was also a part of it along with. Maruti-800 has also decreased the prices of its vehicle from Rs.2,000 of the previous month to Rs.4,500. Insurance is provided with this car also. Alto is also provided with a concession of up-to Rs.7,000.
Hyundai has also come in the fore front of decreasing the vehicle prices by a significant amount and is now selling their Santro at a very convenient pricing of Rs.2.99 lakh. All along with the slowdown in the economy and with the reduced financing various automobile companies has reduced the prices of its car variants.
Along with reduced prices and discounts their are some companies like Hyundai which evenly offers free accessories of nearly Rs.5,000 along with the insurance. The US car maker has reduced the prices of its model Ford Fiesta to nearly Rs.91,000. Considering the company officials we find that many people do not feel it important to buy the old version models. So in order to sell-out all the stocks of the cars of the respective companies these necessary steps had been taken.