It is raining new cars this month as automakers have lined up a slew of flush sedans and SUVs to entice buyers during this mega festival season. As many as six new passenger vehicles will hit the market this month as prospective customers purchase their big-ticket vehicles during this auspicious occasion. Company honchos and auto analysts said after big ticket buying of a home/real estate, the next big thing people purchase is a new car for the family.
“Auto makers know this hot seasonal trend in India and none wants to miss out this golden opportunity to sell their cars,” they told Financial Chronicle. Kia, the Korean automaker, is introducing a new generation Carnival after the previous model was discontinued last June and the EV9 electric SUV as its new flagship vehicle. Japanese giant Nissan has also geared to launch its Magnite facelift.
Four years after its launch, the Nissan Magnite is coming into the market after its first mid-lifecycle refresh this month. BYD, the Chinese car maker, will bring its new BYD eMax 7 on October 8. Ahead of its price announcement, BYD has already started bookings for the updated all-electric MPV.
If you are planning to get one, you can reserve yours for a token amount of Rs 51,000 at authorized dealerships and on BYD’s website. The first 1,000 customers for the new eMAX 7 will also get benefits worth Rs 51,000. It is likely to be priced around Rs 30-33 lakh.
German luxury car makers such as Mercedes Benz and its compatriot archrival .