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 of Japanese Yen against the rupee had pushed the prices of our vehicles up. Now that the government has reduced the excise duty, we wanted to pass the benefit to our customers and spur-up the demand for our performance vehicles.” The ex-showroom prices of the models would be the same across the country as HM-Mitsubishi follows the one country, one price concept in India.
* Price of Lancer LXd BS II and Lancer LXd BS III is cut by Rs25,000
* Hindustan Mitsubishi Cedia spirit price is down by Rs31,000
* Price reduction of Rs33,000 on Cedia sports
* Hindustan Mitsubishi Pajero price has brought down by Rs65,000
* Newly launched Outlander now retails at Rs21 lakhs down by Rs65000
* Montero price has also come down by Rs1.19lakhs
| Model | Old Price | New price |
| Lancer LXd BS II | Rs.7.99 lakhs | Rs. 7.74 lakhs |
| Lander LXd BS III | Rs. 8.14 lakhs | Rs. 7.89 lakhs |
| Cedia (Spirit) | Rs. 10.11 lakhs | Rs. 9.80 lakhs |
| Cedia (Sports) | Rs. 10.50 lakhs | Rs. 10.17 lakhs |
| Pajero | Rs.20.90 lakhs | Rs. 20.25 lakhs |
| Outlander | Rs.21.00 lakhs | Rs. 20.35 lakhs |
| Montero | Rs. 39.50 lakhs | Rs. 38.31 lakhs |