Maruti , Hyundai cut prices after excise duty reduction

NEW DELHI: The country's biggest car makers, Maruti Suzuki India (MSI) and Hyundai Motor India, on Wednesday cut prices after excise duty on automobiles was reduced in the interim budget.

While MSI's price cuts range between Rs 8,502 and Rs 30,984 across its models, Hyundai has slashed prices by between Rs 10,000 and Rs 1,35,300.

The entire benefit of the excise duty cut is being passed on to customers for the full range of models, MSI said in a statement.

Md. Shane haider

PGDM 4th sem