Mahindra is offering discount schemes and exchange bonuses across their SUV range that include the KUV100, TUV300, Bolero Power Plus, Thar, Scorpio, XUV500 for June 2019.
While all automakers in India reported negative sales in May 2019, Mahindra were the only automakers to record positive growth. The company sold a total of 19,541 units in May 2019 as against 19,378 in the same month last year with a 1 per cent sales increase with the XUV300 and Marazzo contributing to efficient sales.
The June 2019 discounts on the Mahindra KUV100 extend across the K2, K4, K6 and K8 variants with cash discounts of Rs.15,000, Rs.21,000 and Rs.35,000 respectively along with Rs.5,000 worth of genuine accessories and Rs.29,000 exchange bonus.
The Mahindra TUV300 pre facelift model is also being presented at a cash discount of Rs.58,000, Rs.5,000 of genuine accessories and Rs.15,000 exchange bonus. Discounts on the Mahindra TUV300 Plus variant is at Rs. 35,000 cash discount, Rs.5,000 worth of accessories and an exchange bonus of Rs.25,000.
Mahindra Bolero Power Plus can be availed through the month of June 2019 at a cash discount of Rs.15,000 and exchange bonus of Rs.10,000. Corporate discounts are upto Rs.4,500.
Mahindra Marazzo M2 and M4 discounts include an exchange bonus of Rs.15,000 while the M6 and M8 variants can be had with free 1st year insurance and exchange bonus of Rs.40,000. Corporate discount is upto Rs.7,000.
The Mahindra Thar ABS is being offered at a cash discount of Rs.9,000 and corporate discount of Rs.5,000 while buyers of the Mahindra Scorpio through the month of June 2019 get a cash discount of Rs.35,000, accessories worth Rs.10,000 and an exchange bonus of Rs.25,000.
All variants of the Mahindra XUV500 with the exception of the W3 are offered at a cash discount of Rs.26,000, accessories worth Rs.10,000 and exchange bonus of Rs.15,000 along with a Rs.9,000 corporate discount. There are no discounts on the Mahindra XUV300 while the recently launched Mahindra Alturas G4 is only offered at dealer level discounts.
Mahindra and Mahindra has also announced that the company will shut down production across all plants for upto 13 days during the ongoing quarter so as to adjust market demand. At the same time, the company is actively testing the 2020 Mahindra Thar and Scorpio along with the BS6 engine powered current SUVs.