Car maker Ford India cut the prices of some of their models by up to Rs 6,000 a piece to pass on
the benefit of excise duty cut on large cars announced in the Budget.
Ford India announced a price cut of Rs. 6,000 for its sport utility vehicle (SUV) ‘Endeavour’, “The price reduction of Rs 6,000 will be applicable to all three variants of the Endeavour,” Ford India said in a statement.
“The duty reduction has been a welcome step taken by the government though the reduction is limited only to large cars. We are pleased to pass the benefit of the reduction on the Endeavour to the consumer in its entirety.” Ford India Vice-President (Sales) Tim Tucker said.
Source: Economic Times