Discounts ranging between Rs 5,000 to Rs 35,000 are being offered across various models starting June 15. The smaller models like the 800 and Wagon R are cheaper by about Rs 15,000 while Alto and Versa by about Rs 10,000. Esteem enjoys the maximum discount of Rs 35,000 while good demand has ensured a small discount of Rs 5,000 for Swift. Join discussion...

A DNA survey of comparative interest rates shows that if you look around, you can get yourself a car loan at the old rates. Especially, if you are buying a used car. Join discussion...

Despite hardening interest rates adversely impacting car sales, buyers are lapping up the top-end variants of most models, including the new launches. With no takers for low-end variants, top-end variants constitute more than 50% of most car models. Join discussion...

Top of the line marques like Mercedes-Benz, BMW and Audi are now available at equated monthly installments (EMI) very close to those of premium cars like Honda Accord, Toyota Corolla, and Hyundai Sonata. BMWs and Mercs are now available for sale in India now ont reasonable EMI schemes. Join discussion...

New Delhi: After getting off to a promising start, electric vehicle makers are finding it increasingly difficult to expand sales in a slowing economy and have approached the government for a helping hand. Join discussion...

Rising interest rates and higher disposable incomes are prompting more and more car buyers to use their own money and avoid bank financing. In 2006-07, more than one million new passenger cars were sold in India; 80% of these cars were financed by banks and financial institutions. Now, about 70% of car buyers are taking bank finance. This, in effect, means more people are going for an outright purchase by using their savings. Join discussion...

Tokyo, Apr 14, 2008 (Jiji Press) - Mitsui & Co. <8031> and Yamaha Motor Co. <7272> said Monday their motorcycle loan joint venture with Axis Bank of India is set to launch operations by the end of this month. Join discussion...

State Bank of India has hiked its interest rates by 50 basis points on all credits linked to prime lending. This means that car loans along with home loans would be expensive in the country. This was the much anticipated move as RBI had hiked its Repo rate and CRR for banks in India. Join discussion...

New Delhi, July 23 Car makers and dealers are pushing sales anticipating that interest rates could march ahead after the Reserve Bank of India reviews its monetary policy on July 29. Join discussion...

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