Major Auto Companies Offer Discounts on New Vehicles for Scrapping Old Ones | Delhi News

New Delhi: Major car makers including Maruti Suzuki, Tata Motors, Mahindra and Mahindra, Hyundai Motor, Kia Motors, Toyota Kirloskar, Honda cars, Nissan India, Skoda Volkswagen, Renault and JSW Motor will offer 1.5% discount on ex-showroom price or a maximum of Rs 20,000 of a new vehicle bought against scrapping of an old car for the next one year, reports Dipak Dash.Mercedes Benz will give a flat Rs 25,000 discount against a scrapped car.
Similarly, major commercial vehicle manufacturers, including Tata Motors, Volvo Eicher, Ashok Leyland, Mahindra & Mahindra, Force Motors and SML Isuzu will give 1.5-3% discount on the ex-showroom price for a commercial cargo vehicle against a scrappage certificate of an old vehicle. The companies will give this discount for two years.
The automakers agreed to offer such discounts at a meeting of Union road transport minister Nitin Gadkari with SIAM CEO’s delegation on Tuesday.
In both cases, the discounts will be in addition to the scrap value paid by registered scrappage centres and any normal discounts offered by the companies.

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