Hyundai Motor India slashes prices across models

05 December 2008

New Delhi: Trying to beat the slowdown in sales Hyundai Motor India has announced a discount scheme of Rs34, 000 on its best selling car Santro to Rs2.99 lakh, the price at which the company had launched the Santro in 1998.

As part of the scheme, the company will offer the Santro with free insurance, exchange bonuses and free car accessories. This offer is available for other models, like i10, Getz, Accent and Verna as well Hyundai Motor India (HMIL) said in a statement.

The company said the Santro non AC and Santro GLS would get free insurance as well as car accessories worth Rs7,000 and Rs15,000 respectively.

The company said it will also offer free insurance as well as car accessories worth Rs 5,000 on the company's latest hatchback i10. Apart from this consumers would be offered exchange benefits up to Rs20,000 on all Hyundai cars.

The company has also launched a loyalty scheme wherein existing Hyundai customers can avail loyalty discounts up to Rs20,000 on purchase of a new Hyundai Getz (petrol), Accent (GLE) and Verna (Petrol and Diesel).

Hyundai said company said, ''The schemes announced will provide our customers with an attractive value for money proposition and with the prevailing economic conditions, this should provide an impetus for our sales and offset a part of the ownership cost which has gone up considerably in the past few months," said HMIL senior vice president (marketing & sales) Arvind Saxena said.