India’s largest domestic automobile manufactuer Maruti Suzuki has reduced the prices of select models by Rs 5,000, on the 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.
This was stated in a press release issued by Maruti Suzuki India recently.
These models are priced in the range of Rs 2.93 lakh and Rs 11.49 lakh.
The new prices have become applicable from September 25 last across the country.
This reduction of price will be over and above the current promotional offers for the company’s vehicle range, the statement added.
The company said it is optimistic that the price reduction will bring down the cost of acquisition, especially for the entry-level customers.
The company’s price reduction comes days after the government cut corporate tax last week with an aim to help the industry overcome slowdown.
This announcement around the festive season will help boost customer sentiment and revive the market to create demand, the statement further added.