Maruti Suzuki reduces prices of selected models by Rs 5000 after corporate tax cut
The country’s largest carmaker Maruti Suzuki on Wednesday cut prices of selected models by Rs 5000 to share the benefits of the reduction in corporate tax by the government last week.
These popular 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. The price reduction will be made applicable on ex-showroom price of these models.
The new prices will be applicable from 25th September 2019, across the country. This reduction of price will be over and above the current promotional offers for the company’s vehicle range.
In a statement the company said, “Welcoming the Government’s initiative to revive the demand in automobile industry, Maruti Suzuki India Limited, today announced to proactively share the benefits of corporate tax reduction with its customers.”
Maruti Suzuki said it is that, price reduction will bring down the cost of assets especially for the entry-level customers. “This announcement around the festive season will help boost customer sentiment and revive the market to create demand”.