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Friday, December 12, 2008

Hyundai extends discount scheme for govt employees till Dec

The country's second largest car maker Hyundai Motor India today said it has extended the discount scheme for government and public-sector units employees till December this year on account of 
encouraging response from the consumers. 

"We value the government employees and are pleased with the tremendous response that we have received from them. We have extended the scheme so that more and more government employees can be benefited," Hyundai Motor India Senior Vice President (Marketing and Sales) Arvind Saxena said in a statement.

Under the scheme, special pricing and attractive finance options are available to enable the government employees and this would be in addition to the full benefit of the reduction in CENVAT by four per cent.

This scheme, applicable to the entire product range of Hyundai, would also include exchange bonus of up to Rs 20,000.

The company would offer a total discount between Rs 22,200 and Rs 46,660 on various Hyundai cars, the statement said.

To provide finance options, Hyundai has tie-ups with State Bank of India, Axis Bank and HDFC Bank, it added.

SC comment : The  prices of the cars may come down further. Just wait for some time as no scope of increase in near future.