Car Manufacturers Cut Down Prices

Car manufacturers are going to slash their prices in India to get the benefit of reduce excise duty. Hyundai already cut the prices of Santro by Rs. 8,834 while the Sonata has witnessed a cost cut of Rs. 44,792. The most popular model of Hyundai, i10 is also drop the prices by Rs. 11,247 to Rs. 18,400 depending upon the different models. Mahindra and Mahindra also announced that they will cut the prices of its popular models like Scorpio and Bolero. All other auto makers have also announced that they slashes the price on their different models by 3-3.5%.

Maruti Suzuki India is also announced that they will cut prices on its different car models. Maruti Suzuki India already announced to slash the prices of Alto by around Rs. 9,000 and Maruti 800 will go cheaper by Rs. 6,500. The newly launched model Maruti A-Star is also cheaper by Rs. 16,700 and SX4 will go cheaper by Rs. 24,000 but company has not reduced of its SUV segment cars like Grand Vitara.

Japanese auto maker, Toyota, has also announced that they are going to cut their car prices by up to Rs. 32,800 with their model Corolla Altis by Rs. 40,800.