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List Of New Reduced Car & Motorcycle Prices Post Excise Duty Cut 2014
Earlier this week, the Finance Minister reduced the excise duty imposed on Indian four wheelers & two wheelers. The drop in excise duty rates was meant to support the struggling automobile industry which would result in price reductions.
The revised excise duty figures is listed below.
- Motorcycles, scooters & small cars: Down from 12 percent to 8 percent
- Medium sized cars: Down from 24 percent to 20 percent
- Large Cars: Down from 27 percent to 24 percent and
- Sport Utility Vehicles: Down from 30 percent to 24 percent
Based on these numbers manufacturers have started announcing their revised prices for their products. While the prices reduced are small for two wheelers, they increase as the value of the vehicle goes up.
The story continues in the next section. Click through the slides for more:
Audi
Considering the highest duty cut is for SUVs, Audi, the leader in luxury SUVs in India, is expected to slash the price of the Q7 by INR 3 lakhs, to bring it down from INR 82.11 lakhs to INR 78.28 lakhs (Ex-showroom, Delhi).
General Motors/Chevrolet
Price
reduction
by
General
Motors
India
ranges
from
Rs
12,000
to
Rs
49,000
depending
on
the
models.
This
also
means
the
all
new
Beat
now
starts
at
a
revised
price
of
INR
3.99
lakhs
for
the
base
petrol
and
INR
4.81
lakhs
for
the
base
diesel
variant.
DSK Hyosung
New
prices
are
as
follows
(Ex-showroom,
Bangalore):
Aquila
250
-
INR
2.70
lakhs
GT250
R
-
INR
2.80
lakhs
GT
650
N
-
INR
4.04
lakhs
GT650
R
-
INR
4.87
lakhs
Aquila
PRO
650
-
INR
5.35
lakhs
ST
7
-
INR
6.10
lakhs
Fiat
Fiat models in India now cost Rs 8,000 to Rs 12,000 less. Prices for the all new Fiat Linea that launches next month are as follows.
Linea
Active
petrol
-
INR
7.64
lakhs
Linea
Active
diesel
-
INR
Rs
8.24
lakhs
Linea
Emotion
petrol
-
Rs
9.22
lakhs
Linea
Emotion
diesel
-
Rs
9.79
lakhs
Ford
Ford
India
has
dropped
prices
by
up
to
1.06
lakh
across
various
models.
Figo
now
costs
less
by
Rs.23,399
Classic
-
Rs.24,056
less
EcoSport
-
Rs.25,947
less
Fiesta
-
Rs.32,961
less
Endeavour
-
Rs.1,06,753
less
Hero MotoCorp
Though the prices reduction of Hero two wheelers ranges from 2-5 percent, the actual reduction in prices are small, with the maximum amount being Rs 4,500.
Honda Motorcycle
Honda's
Dream
Neo,
the
least
expensive
model,
will
cost
Rs
1600
less,
whereas
its
most
expensive
product,
the
CBR250R
will
now
cost
Rs
7600
less.
The
Dream
Neo
is
priced
between
Rs
43,150
&
Rs
47,289
and
the
CBR250R
is
priced
between
INR
1.58
lakhs
&
INR
1.93
lakhs.
All
prices
are
ex-showroom,
Delhi.
Honda Cars
Revised
pricing
of
Honda
Brio
petrol
ranges
from
INR
3.99
for
the
base
variant
to
INR
5.99
lakhs
for
the
top
end
variant
Amaze
petrol
-
INR
4.99
lakhs
to
INR
7.55
lakhs
Amaze
diesel
-
INR
5.97
lakhs
to
INR
7.49
lakhs
City
petrol
-
INR
7.19
lakhs
to
INR
10.80
lakhs
City
diesel
-
INR
8.37
lakhs
to
INR
10.9
lakhs
CR-V
-
INR
20.25
lakhs
to
INR
24.36
lakhs
Hyundai
Hyundai
too
has
issued
a
statement
announcing
a
price
reduction
on
its
entire
range,
from
the
Eon
hatchback
to
the
Santa
Fe.
Prices
have
gone
down
by
Rs
10,000
to
Rs
1.35
lakhs
depending
on
the
model.
Mahindra
Mahindra's passenger vehicle prices have dropped from Rs 13,000 to Rs 49,000 depending on the model. Mahindra has also reduced the price of its premium SUV, Ssangyong Rexton by Rs 92,000.
Maruti Suzuki
Price reduction by Maruti ranges from Rs 8,502 to Rs 30,984 depending on the model. Price of the new Maruto Celerio now starts at INR 3.76 lakhs (Ex-showroom, Delhi).
Nissan
Revised
prices
of
Nissan
models
are
as
follows
(Ex-showroom)
Evalia
-
Ranges
from
INR
8,42,414
for
the
base
variant
to
INR
10,21,792
for
the
top
end
trim
Micra
Active
-
INR
3,37,859
to
4,71,886
Micra
-
INR
4,82,312
to
INR
7,03,763
Sunny
-
INR
6,28,135
to
INR
9,54,927
Terrano
-
INR
9,52,877
to
INR
12,30,166
Teana
-
INR
21,14,086
for
the
mid
variant
and
INR
24,89,213
for
the
upper
variant
You
can
find
the
entire
variant
price
list
in
our
database.
Mercedes-Benz
C-Class
-
Price
dropped
from
INR
39.90
lakhs
to
INR
39.35
lakhs
E-Class
-
Price
dropped
from
INR
47.66
lakhs
to
INR
46.90
lakhs
GL
Class
-
Price
dropped
from
INR
74
lakhs
to
INR
72
lakhs.
We'll update this list when as and when remaining manufacturers announce revised prices.
Tata Motors
Tata
has
reduced
prices
of
its
products
by
up
to
INR
1.5
lakh.
While
prices
of
passenger
vehicles
have
gone
down
anywhere
from
Rs
6,300
to
Rs
69,000,
depending
on
the
model
and
variants,
Tata's
commercial
vehicles
now
cost
less
by
Rs
15,000
to
Rs
1.5
lakhs.
TVS
India's fourth largest two wheeler manufacturer has dropped its prices ranging from Rs 850 to Rs 3,500.
Volkswagen
VW
Polo
-
Rs
18,000
to
Rs
31,000
less
depending
on
variant
VW
Vento
-
Rs
14,500
to
Rs
31,000
less
VW
Jetta
-
Rs
38,000
to
Rs
51,000
less
Yamaha
The price cut ranges from Rs.1033 to Rs. 3066 depending on the variants.