IAB Report - More manufacturers announce price cuts, Honda Amaze back to introductory prices

20/02/2014 - 15:56 | ,  ,  ,  ,  ,  ,  ,  ,  ,  ,  ,   | Karthik H

Car companies are scrambling to one up each other by announcing price cuts following the Finance Minister's surprise move of slashing excise duties for cars of all sizes.

Volkswagen

The VW Polo gets a cut of anywhere between Rs 18,000 and Rs 31,000 for its variants. VW recently announced that it would stop selling the Polo without airbags, may be as a reaction to a recent Global NCAP study.

VW Vento TSI Review front quarterVW Vento TSI Review front quarter
The VW Vento's prices have been dropped by Rs 14,500 to Rs 27,000 depending on the variant.

The VW Vento's prices have been reduced between Rs 14,500 and Rs 27,000 and as for the Jetta, prices have been reduced by Rs 38,000-Rs 51,000.

Honda Cars India

Honda has announced that price cuts across its models would range between Rs 14,650 to Rs 44,741. The City gets a massive cut of Rs 24,000. Meanwhile, the Honda Amaze is back to the introductory prices, ducking below Rs 5,00,000.

Honda Amaze diesel red front
The Honda Amaze is now back to its introductory price of Rs 4.99 lakh for the base petrol model.

The new prices for Honda's models are as follows (ex-showroom Delhi):

  • Honda Brio Rs 3,99,900 – Rs 5,99,900
  • Honda Amaze Petrol Rs 4,99,900 – Rs 7,55,000 Diesel Rs 5,97,500 – Rs 7,49,500
  • Honda City Petrol Rs 719,000 – Rs 10,80,000 Diesel Rs 8,37,000 – Rs 10,89,000
  • Honda CR-V Rs 20,25,000 - Rs 24,36,000

Chevrolet

The Chevrolet Beat facelift takes a cut of an average of Rs 12,000.

Chevrolet Beat facelift front three quarter right doors closed
The Beat facelift enjoys a cut of Rs 12,000 and the base Petrol PS version is now available for Rs 3.99 lakh (Ex-showroom, Chennai)

Overall, price cuts range between Rs 12,000 for the lower-end Beat facelift and Rs 49,000 for the Tavera. The Tavera gets a cut of Rs 45,000 to Rs 49,000 based on the variant.

Nissan

Nissan has announced that it would pass on the entire benefit of price cut to its customers.

Nissan Sunny facelift at Auto Expo 2014
Nissan have announced that its price cuts would range between 4-6 percent, without giving out details.

Effective from February 18th, the price cuts range between 4-6 percent to all models starting from the Micra Active to the Teana.

Hyundai

Hyundai's price relief also comes into effect immediately.

Hyundai Xcent front three quarters left exterior
The upcoming Hyundai Xcent, which will launch in March, would also get the benefit of the excise duty reduction.

The price cuts for Hyundai's models range between Rs 10,000 and Rs 1,35,300.

Mahindra & Mahindra

Ssangyong Rexton 2.0L at Auto Expo 2014
The Ssangyong Rexton gets a price cut of Rs 92,000.

Apart from slashing the price of the Ssangyong Rexton by a whopping Rs 92,000, Mahindra's relief ranges from between Rs 13,000 and Rs 49,000.

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