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GM India slashes prices by up to Rs30,500

GM India slashes prices by up to Rs30,500
PTI
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First Published: Wed, Dec 10 2008. 03 26 PM IST
Updated: Wed, Dec 10 2008. 03 26 PM IST
New Delhi: Automobile manufacturer General Motors Corp. on Wednesday, 10 December, cut prices of its vehicles by up to Rs30,500, following the government reducing excise duty.
With immediate effect, the company has reduced the prices of its small car Spark by Rs8,000-10,200, GM India vice-president P. Balendran told PTI.
The prices of hatchback Aveo U-VA has been cut between Rs12,000 and Rs16,000, while that of entry-level sedan Aveo is slashed by Rs16,700-21,000.
Likewise, the company’s multi-utility vehicle Tavera would be cheaper by Rs16,500, Balendran said.
“These price cuts are in addition to the discounts offered by the company between Rs20,000 and Rs58,000 on our different models,” he added.
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First Published: Wed, Dec 10 2008. 03 26 PM IST
More Topics: General Motors | price cut | discount | Spark | Tavera |