Maruti Suzuki cuts prices on key models by Rs 5,000

Maruti Suzuki India, the passenger vehicle market leader, has announced a reduction of prices on 10 models, following the government’s recent measure to reduce corporate tax. The carmaker has reduced the price of select models by Rs 5,000 (on ex-showroom price).

These 10 models comprise all variants of the Alto 800, Alto K10, Swift Diesel, Celerio, Baleno Diesel, Ignis, Dzire Diesel, Tour S Diesel, Vitara Brezza and S-Cross. The new prices will be applicable from September 25, across the country. This reduction of price will be over and above the current promotional offers for the company’s vehicle range.

Maruti Suzuki India, which is currently feeling the pressure of the slowdown, has seen its numbers decline for six straight months.

The company says it is optimistic that the price reduction will draw new buyers, especially entry level customers and help revive demand.