Maruti Suzuki India on Wednesday cut the prices of select models on ex-showroom prices. The country's largest carmaker company slashed the prices of several models by Rs 5,000. According to a statement by Maruti Suzuki India, the 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.
These models are priced in the range of Rs 2.93 lakh and Rs 11.49 lakh. The new prices will be applicable from September 25, 2019, across the country.
This reduction of price will be over and above the current promotional offers for the company’s vehicle range, it added.
Maruti Suzuki announces price cut on cars
The company said it is optimistic that the price reduction will bring down the cost of acquisition, especially for the entry-level customers. "This announcement around the festive season will help boost customer sentiment and revive the market to create demand," MSI said.
The company's price reduction comes days after the government cut corporate tax last week with an aim to help the industry overcome slowdown.
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