Year end discounts on cars in 2022 is highest in four years

Discounts are being offered by both automakers and dealerships

Dealerships are offering benefits between 25,000-100,000

Automakers are offering discounts between 4.5-5% on new cars

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The benefits include OEMs' cash discounts, exchange bonus, lower own damage premium by insurers, and dealer schemes

CNG cars to are receiving up to 60,000 benefits, which is all-time highest

Maruti Suzuki is offering discounts between 17,000-18,000

The auto industry expects to see a robust retail sales in December

Consistency of high demand momentum will depend on multiple factors like inflation, interest rates, market sentiment

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