This has been a turbulent phase for car companies with the slowdown in car economy. The passenger vehicle category recorded a minimal growth rate of just 2.15% in the financial year of 2012 to 2013. The decrease in the overall profit sale of the passenger vehicle segment was 8.21% in April this year compared to the sales in 2012 April. Car manufacturers are strategizing effective methods to increase the overall sale output.
To heighten the overall profit image, most auto companies are rolling out massive discounts and packages on new models and wipe away high interest rates. The quality packages are free insurance, discounts, perks, exchange offers and so on. The significant packages offered might lure buyers into showrooms and the packages could increase the overall profit turnover of companies.
The discounts offered by companies are a discount of Rs 1 lakh is offered on the Fabia diesel model. There have been lower buyer figures for Skoda; the company has discontinued the production of this model in India. There are solid discounts for those keen to purchase classy models of Hyundai i10 with maximum limit of Rs 50,000. Those who are keen on small budgeted cars, Alto 800 by Maruti Suzuki is releasing with an Rs 30,000 discount package. Tata Motors has wiped out Rs 1 lakh from the premium Aria hybrid model. Cars which released with higher discounts are Rs 2.5 lakhs for luxurious and stylish Volkswagen models, a discount of Rs 2.5 lakh on Passat car. The Jetta is being sold with a discount of Rs 1.5 lakhs, the Accord is released with a huge discount of Rs 1.4 lakhs.
The initiative of major auto firms to offer discounts of some of their popular models is a profitable move to enhance sales. There has been a decline in sales during the past six months starting from the festive Diwali season. The Accord model of Honda has been one of the best sellers since launch.
The Accord is built with an incredible style statement which is one of the best in its class. The prominent triangular framed head lamps increase the aggressive appeal of the car. The interior fitments offer an elevated luxurious atmosphere, the center console emits a strikingly elegant appearance, and the dashboard appears classy and trendy. In front the seats are huge and comfy with ample of legroom which can be compared to popular lavish models of Sonata and Camry.
The car is inserted with a powerful 2.4 liter engine which releases admirable energy outputs for a pleasurable and smooth city drive experience. The 2.4 liter engine is inserted with two transmission options such as 5-speed automatic and 5 speed manual. The manual version delivers admirable mileages in city at 8.5 kilometers per liter and on highways the mileage is 12 kilometers per liter. It is a worthy move to offer discounts on the Accord which has significant attracting powers to the luxury demographic. On the whole the car is a worthy buy, even for a price of Rs 20.67 lakhs which is steep, but the level of comfort and convenience is pretty high.