Amidst the economic challenges impacting various sectors, the automotive industry, in particular, is witnessing a downturn. In response, car manufacturers in the country are introducing enticing offers to stimulate sales and attract customers.
Toyota Corolla is making efforts to boost the sales of its newly introduced ‘Corolla Cross Hybrid’. The company has partnered with several banks, including Bank Al Falah, HBL, Meezan Bank, MCB, Bank of Punjab, and Faisal Bank. Customers who book through these banks can enjoy attractive benefits, including minimal markup, reduced insurance rates, and priority delivery.
Kia Motors has also entered the fray with attractive offers available until January 31. They are providing a cashback of Rs 50,000 on the purchase of the ‘Picanto AT’ and a substantial Rs 150,000 cashback on all Sportage models. Furthermore, Kia Motors is introducing an interest-free installment plan for its popular vehicle ‘Sorento’, with prices starting from Rs 8.9 million.
Suzuki, a significant player in the market, has joined the competition by announcing a bonus of Rs 1 lakh on the GLCVT model of Swift, exclusively for January purchases.
The well-known Chinese automaker ‘Changan’ is also making strategic moves, unveiling a limited-time discount of 3 lakh rupees on the purchase of its vehicle, Ocean X Seven, available only throughout January.
These strategic offers and discounts signify the industry’s proactive approach to navigating economic challenges, providing customers with appealing incentives to spur vehicle sales.