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Impact of reduction in CENVAT rate – Price cut Like other car makers, Hyundai passed on the benefits of cut in cenvat rate to customers. * Hyundai’s santro (GL-non AC) becomes cheaper by Rs.8,834 * Hyundai’s i10 becomes cheaper by Rs Rs.11,247 and Rs.18,381 depending on the variants * Sonata becomes cheaper by Rs.44,792 Hyundai …
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Impact of reduction in CENVAT rate – Price cut Maruti Suzuki today announced that it slash the prices of M800,Alto,Wagon-R,A-star,Zen estilo and SX4 models owing to reduction in Cenvat by Government of India. The price of its top-end SX4 sedan goes down by Rs.23,000 to Rs.760,542, While the small car Maruti-800 will be cheaper by …
Impact:reduction in CENVAT rate After the government announced four percent cut in central value-added tax (Cenvat), manufacturers has started slashing prices of its models. Toyota which earlier said it mulls a price hike owing to the raise in raw materials now come forwarded to cut the prices of Innova and corolla altis. While the prices …
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Following the four per cent reduction in Cenvat by Government of India, Hinudstan Motors – Mitsubishi reduced the prices of Lancer LXd BS II, Lancer LXd BS III, cedia spirit,cedia sports, Pajero,Outlander and Montero.Mr. Y.V.S Vijay Kumar, Executive Vice-President and SBU head Hindustan Motors said, “The appreciation of the US dollar against rupee and rise …
Whether the 26/11 Mumbai terrorist attack had an impact on assembly elections or not, it affects the automotive Industry. The sentiments are down and two major launches – Mahindra’s Xylo and Fiat’s linea which were initilally scheduled for mid december is pushed to January 2009. Fiat’s which earlier planned to launch line on December 16 …
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Owing to CENVAT rate cut by Government of India, car makers are set to cut the prices of their models. Maruti Suzuki , Tata Motors, GM India and Mahindra & Mahindraannounced that they would pass on the entire benefit of the four per cent cut in Central Value Added Tax to the consumers. The ad …
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Tata Motors showcased its Indica Electric EV at the ongoing Bologna Motor show. Tata’s Indica Electric EV is equipped with high capacity lithium ion batteries. According to Tata, the small four-passenger car (Indica Electric EV) can travel 200 km (124 mi) on a single eight hour charge and can hit 60 mph in less than …
Toyota today joined the bandwagon of auto makers to raise prices of thier models in January 2009. While manufacturers are offering plenty of discounts this month, Honda and GM has already said they would raise the prices next month. Toyota plans to raise the prices of Innova and Corolla altis by 3%. Innova which retails …
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Today we have informed you about plenty of sweet offers, Here is the sweetest one. Government of India slashed prices of petrol by Rs5 and diesel by Rs2. However there is no change in the prices of LPG (cooking gas) and kerosene
Fiat -the italian automaker which is all set to roll out the linea in next few weeks has announced slew of offers for its products. Details of the Fiat’s cash offer * Buy a Palio petrol 1.1L variant you can get a audio system for free and avail a cash discount of Rs40,000 * Buy …
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