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The car industry is all set for a bumper year in terms of new car launches in 2020. With the more stringent new Bharat VI emission norms coming into force on April 1, 2020, customers can look forward to new models that are more energy-efficient and less polluting. This is welcome news for both manufacturers and customers after 2019 saw lower sales. According to car industry experts, customers aware of the new norms were unwilling to buy automobiles conforming to the older Bharat V norms and generally preferred to sit out 2019. The reason is that the resale value of vehicles adhering to the Bharat V norms was likely to fall sharply after the new Bharat VI standards became operational.
With 2020 around the corner, it seems most carmakers have kept their powder dry and weapons ready in the battle for market supremacy. Most automobile companies are poised to launch new models or upgraded versions of their old bestsellers. It is estimated that the year could well see anywhere from 70-100 new car launches, making it a blockbuster in terms of new car launches.
Whether you are eyeing an entry-level hatchback, a premium sedan, a spacious multi-purpose vehicle or an electric car that will reduce your fuel bills, you will be spoilt for choice. And when it comes to financing your new car purchase, Axis Bank New Car loans are tailored to suit your requirements. What’s more, you may also have pre-approved Car loan offers waiting for you to avail! Simply check the Apply now section of your Axis Mobile App to know your pre-approved Car Loan offer, or contact your Relationship manager/nearest Axis bank Branch.
Here are a few of the confirmed launches to look forward to.
Remember when it comes to financing your car, you can't find a better deal than Axis Bank New Car Loans. You can also calculate your EMI on car loan using Axis Bank Car Loan EMI Calculator. They come with a host of features like up to 100% on-road financing for select models, attractive interest rates, flexible tenures, and EDGE REWARD points. You could also be eligible to pre-approved offers on Axis Bank Car Loans, to know your offer details simply login to Internet banking or Message CLPA to 5676782 from your registered phone no.
Disclaimer: This article has been authored by The Source, a Mumbai-based content creation, and curation firm. Axis Bank does not influence the views of the author in any way. Axis Bank and The Source shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.
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