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Auto dealers in top gear for festive season

After grappling with low sales in July on account of Goods and Services Tax (GST) roll-out, automobile dealers are hoping to record growth in sales in August due to discounts being offered with the festive season around.


Panaji

August has brought three festive occasions of Raksha-Bandhan, Independence Day and Ganesh Chaturthi and the auto dealers are hoping to cash in during this time to boost their sales.
Prashant Joshi, owner of a Hyundai dealership, said, "During this festive season, we are offering various kinds of discounts to attract customers. On Grand i10, we are giving a cash discount of Rs 40,000. Moreover, if a customer goes for the exchange offer, the discount on Grand i10 can reach upto Rs 75,000. On Elite i20, we are offering a discount of upto Rs 25,000."
Joshi continued, "Similarly, on Eon, we are offering a cash discount of Rs 30,000. Over and above this, we even have an offer of scratch and win a gold coin of 10 grams on the purchase of any Hyundai car."
Hyundai's offers are valid till August 30. Several other brands also confirmed that they are offering discounts on select models of cars.
Two-wheeler manufacturers are not behind in attracting customers by offering discounts.
Vinay Kunkolienkar from Goa Rajee (dealers of Honda), said, "We are offering a flat Rs 2,000 off on the purchase of any Honda motorcycle by government employees and employees of nationalised banks. The offer is valid till September 15."
He continued, "Thanks to the discount, our sales this month are 15 per cent up compared to August 2016. This is a welcome change for us, as the market had slowed down by 25 per cent in July because consumers were not able to understand the impact of GST on the market."
Paresh Thaly, managing partner, Thaly TVS, said, "We, as a dealer, are offering a silver Ganesh coin on the purchase of any TVS bike or scooter. This offer is valid till the end of this month."
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A lot is at stake in Panaji by-poll

Panaji Assembly constituency will go to polls on August 23 for the ninth time in the last 23 years with the two largest national parties looking to make history.

ASHWINI KAMAT
Published Aug 15, 2017, 4:41 AM IST
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PANAJIBJP candidate and sitting Chief Minister of the state Manohar Parrikar has expressed confidence of winning the seat with a historic margin of 9,000 votes. On the other hand, sources from Congress revealed that party candidate and All India Congress Committee secretary Girish Chodankar is eyeing the 10,000 mark with a victory margin of at least 2,000, a feat in itself because no Congress candidate has ever polled over 5,500 votes in Panaji. The graph of victory margins…

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