The Tata-Marutis of India drive clearance sale offer. But what's the need for it?

economictimes.indiatimes.com:

discounts on cars. Tata Motors recently reduced prices on its popular cars and SUVs by up to Rs 2.05 lakh.

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According to the company, these special festive offers will be available for a limited time, ending on October 31, 2024, across all petrol, diesel, and CNG models.

Following a similar path, the country’s largest automaker, Maruti Suzuki also slashed prices of select variants of small cars Alto K10 and S-Presso by up to Rs 6,500 ahead of the festive season.

But, what is the need for it?
Cyclical shift

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