Maruti Suzuki cuts prices of select models by Rs 5,000 after Nirmala Sitharaman's announcement of corporate tax rate cut
The country's largest carmaker Maruti Suzuki India on Wednesday reduced the prices of select models by Rs 5,000 (on ex-showroom prices)
These models are priced in the range of Rs 2.93 lakh and Rs 11.49 lakh
This reduction of price will be over and above the current promotional offers for the company's vehicle range
The new prices will be applicable from 25 September, 2019, across the country
New Delhi: The country's largest carmaker Maruti Suzuki India on Wednesday reduced the prices of select models by Rs 5,000 (on ex-showroom prices).
These models include all variants of Alto 800, Alto K10, Swift Diesel, Celerio, Baleno Diesel, Ignis, Dzire Diesel, Tour S Diesel, Vitara Brezza and S-Cross, MSI said in a statement.
These models are priced in the range of Rs 2.93 lakh and Rs 11.49 lakh.
The new prices will be applicable from 25 September, 2019, across the country.
This reduction of price will be over and above the current promotional offers for the company's vehicle range, it added.
The company said it is optimistic that the price reduction will bring down the cost of acquisition, especially for the entry-level customers. "This announcement around the festive season will help boost customer sentiment and revive the market to create demand," MSI said.
The company's price reduction comes days after the government cut corporate tax last week with an aim to help the industry overcome slowdown.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.
MCA seeks Maharashtra government's permission to allow physical presence of members at Wankhede Stadium for AGM
Mumbai has been one of the worst affected COVID-19 cities and as of Thursday had around 9,325 active cases.
Maharashtra govt mulling suspension of trains, flights to Delhi amid COVID-19 surge in National Capital
Govt officials discussed ways to prevent a possible COVID-19 spread in Maharashtra, by people entering the state from places witnessing a spike in cases
Tennis Australia CEO Craig Tiley said details of the event, whose 18 January start date has been the subject of intense speculation, should be settled "very soon".