Ahead of the upcoming festive season, a number of passenger and industrial automobile producers have agreed to supply reductions starting from 1.5 to three per cent on new automobile purchases when prospects commerce of their outdated, scrapped automobiles. This resolution was taken following a gathering with Union Road Transport and Highways Minister Nitin Gadkari. According to an official assertion launched on Tuesday, Mercedes Benz India has dedicated to providing a flat low cost of Rs 25,000 on new automobile purchases, along with all present reductions. The announcement got here after Gadkari chaired a gathering with the Society of Indian Automobile Manufacturers (SIAM) delegation at Bharat Mandapam, the place he mentioned key challenges dealing with the auto business.