New Delhi, Sep 18
Passing on the full benefit from the recent decrease in the GST rates on cars to customers, Maruti Suzuki announced a significant reduction in car prices across its portfolio on Thursday.
The largest reduction will be seen in entry-level models, with the Alto K10 and S-Presso going down by up to Rs 1.07 lakh and Rs 1.29 lakh, respectively.
Other hatchbacks, such as the Celerio, Wagon-R, and Ignis, will also see significant savings of between Rs 71,300 and Rs 1.29 lakh.
Major Automobile companies, including Mahindra and Mahindra, Tata Motors, Hyundai, Toyota, Kia, Renault and other automakers have already announced price cuts across the models, passing on full benefits to the end consumers.