Friday, 21 February 2014

Price Effect: A Complete List Of Price drop After Interim Budget Announcement For Automobiles; Find Out New Prices!

Auto companies, including the country's biggest car makers, Maruti SuzukiBSE -0.61 % India (MSI) and Hyundai Motor India, on Wednesday cut prices after excise duty on automobiles was reduced in the Interim Budget. As On February 17, Chidambaram Brings Happiness For the Automobiles Sector and tried To Balance India Poor G.D.P. Auto has been the sunshine industry for the Indian market in the past decade, and the government has finally offered some sops to help revive the dying sentiment within the auto fraternity.

Finance Minister P Chidambaram today announced a reduction in excise duty in the interim Budget. “To give relief to the automobile industry, which is registering unprecedented negative growth, I propose to reduce excise duty,” Chidambaram said. Here’s the list of changes made to the current tax structure to bring down the prices of automobiles

  • Excise duty on small cars will come down to 8 percent from 12 percent
  • Excise duty on scooters and motorcycles will come down to 8 percent from 12 percent
  • Excise duty on commercial vehicles will come down to 8 per cent from 12 percent.
  • Excise duty on SUVs will be reduced to 24 percent as against 30 per cent.
  • Excise duty on big cars will now be 24 per cent as against 27 per cent earlier
  • Excise duty on mid-sized cars will come down to 20 per cent from 24 percent.
Hyundai Motor India Ltd (HMIL) also said customers would get the full benefit of the excise duty reduction. The price cut applied to all the models, from Eon to Santa Fe. The various cuts across the different categories of passenger and commercial vehicles is a very positive step as these will make the vehicles more affordable to the consumers as well as the transporters. Now Lets End The Talking And Take you to tour Of Price Effect On The Indian Automotive Industry


Take strong knock the budget and budget car segment, Maruti Alto 800 Has Lowered The Price about Rs 8,502. The base model of the car ex - showroom price is Rs 2.9 lakh.

Five million budget range Hyundai i10 his favorite was introduced as the new incarnation of Grand i10. Hyundai Has Reduced The Priced For About Rs 14,000. Currently, ex - showroom price is Rs 4.4 lakh.

If you are planning on taking small budget cars to ford figo American Carmeker company is in your budget. Prices of hatchback Ford Figo have been reduced up to Rs 23,399

Like the simple look of the Volkswagen Polo Vento features also hold good for the small car segment holds. Polo has lowered the cost for Rs 18,500 to Rs 31,000 less depending on variant. Currently, ex - showroom price of Rs 4.76 lakh.


 American Carmaker company ford ecosport which is killing all his competitor from the launching of the recent market crash, The prices of compact sports utility vehicle Ford EcoSport have been reduced up to Rs 25,947. The car's ex – showroom price of Rs 6.20 lakh. Don’t be So Happy by listening the price Drop as Its Waiting period Can Make your Jaw Drop and make you cry for Sometime, Now it waiting period would rise to 1 years

Muscular hit the streets these days is the price of mahindra XUV-500 has Dropped For Rs 49,000. Ex - showroom price was Rs 10.95 lakh.

Renault Duster in the last 2-3 years as well as the speed and thrill of road enthusiast has created a special place in the hearts of the people. Now the car will affect your pocket reduced from 48 to 60 bucks. Currently, ex - showroom price of Rs 8.15 lakh. 

#Nissan Terrano Is The Latest SUV To be Added in SUV Portfolio and Doing it well In Numbers Of Sales Yet It Still Expensive Car In Five-Seater SUV But Now the Change Has Come and Price  Reduced upto Rs 46,000, ex-Showroom Price Of  Rs 8.60 lakh 

Mahindra as a hunk of All Time in the price of Scorpio is likely to be a reduction of 48 to 60 thousand rupees. The strong demand for SUV's, especially in northern India. The car's ex - showroom price of Rs 8.03 lakh. 

Toyota fortuner with the powerful engines and impressive designs like then tell you that the ex-showroom price of the base model of the SUV that occurred from 68 to 90 thousand rupees. Currently, ex - showroom price of Rs 22.23 lakh.


Honda Amaze cheap sedan segment by bringing in much less tried to entice customers want. This is the best car on the streets - has made substantial grip. At the moment of impact of the budget of the prices could drop 32 to 48 thousand rupees. Amej ex - showroom price of Rs 5.20 lakh. 

Suzuki Swift Dzire hot favorite these days is a middle class family. Prices of the Swift and DZire models have been lowered by Rs 15,874 and Rs 17,884, respectively. Currently, ex - showroom price of Rs 5.09 lakh. 

The first choice of those who like simple and cute look, Vento sedan have been cut by between Rs 14,500 and Rs 27,000. The car's current ex - showroom price of Rs 7.31 lakh. 

With a strong hold in the sedan segment with a stylish cutting edge of Hyundai Verna prices could drop 40 to 50 thousand large. Currently, ex - showroom price of Rs 7.42 lakh.

After frequent changes in design of new and used honda city rests in the market. The already brilliantly priced City gets more affordable - the base petrol is priced at Rs 7.19 lakh, Rs 23,000 cheaper than its launch.


Maruti Suziki Giant Ertiga Which Created New Mark For MPV and wining half a Battle in a Year Against Most Lovable Toyata Innova and Now The price of compact car Estillo was cut by Rs 12,148

Focus on the Family created by Toyota Innova certainly have to beat everyone in terms of comfort and space. Budget effects as well as its price may be reduced by 50 to 76 thousand rupees. However, the base model ex - showroom price is Rs 9.8 lakh.

Now We Have Introduce to the New Prices After Interim Budget Price Drop on Automobiles. Do Tell Us which car You Will Be Willing To Buy in our Comment Section. But this Interim Budget has also Some sad Part as Again Subsidy is Not Giving in Electric Vehicle Like Reva and With The Load Of Diesel Price the Price Of Diesel Will Go High as Everest. Be Prepared For It.

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