Key Points
Maruti Suzuki India has launched an inventory support scheme for its dealers in a bid to clear the stockpile of slow-moving models such as the Alto, WagonR, Celerio and SPresso, said multiple dealers who received the communication from the company in mid-June...
The automaker will fund the interest cost on dealers working capital for holding these models, if the cars remain unsold beyond 30 days..
Dealers will also earn incentives if they meet the sales targets set by the company...
Shashank Srivastava, senior executive officer, marketing and sales, at Maruti Suzuki confirmed the company is supporting dealers on slowmoving models...
