Maruti cars can be cheaper, will be announced in 1-2 days

    Maruti cars can be cheaper, will be announced in 1-2 days

                                                                                                   Maruti cars can be cheaper, will be announced in 1-2 days

Maruti Suzuki is considering reducing the price of its vehicles after reducing corporate tax. The company can make some announcements in this regard in 1-2 days.

If you are planning to buy a new car, especially a Maruti car, then waiting a little bit can prove beneficial for you. Maruti Suzuki is considering reducing the price of its vehicles after reducing corporate tax. Will Maruti reduce the price of its cars? Responding to this question, Maruti Suzuki Chairman RC Bhargava has said that the company is considering the issue. He said that it could be announced in the next 1-2 days.

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Bhargava did not plan to reduce the prices of other companies , "We have to decide soon, we cannot wait a month." Earlier, Bhargava had said that the issue of vehicle affordability is fast becoming a cause of concern for buyers and is one of the reasons which is impacting the car and SUV market. However, the bad news is that despite the slowdown in the auto sector, many other car companies have no plans to reduce the price of their cars. Hyundai, Toyota and Honda say that their current consumer offers are adequate and they do not have much scope to reduce prices.

Also Read:What is special about BMW's future car?

Honda said, there are enough offers and incentives

Toyota Kirloskar Vice Chairman Shekhar Viswanathan said, "Low tax rates help us improve cash flow." But does the actual price of the product decrease? The answer is no. If the actual price does not decrease, then the possibility of decreasing prices of vehicles is very less. At the same time, Honda Cars says that its offers and incentives are sufficient and at present it has no plans to reduce the price.

According to the Domestic

Vehicle Sales Society of Indian Automobile Manufacturers (SIAM), 23.5% decline in domestic vehicle sales in August this year was down 23.55% to 18,21,490 units from 23,82,436 units in the same period last year. . At the same time, sales for the period April to August 2019 decreased by 15.89 per cent to 97,32,040 units from 1,15,70,401 units in the same period a year ago.

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