You are here: Home » Economy & Policy » News » GST
Business Standard

Nissan India cars get 3% cheaper as firm passes on GST benefits to buyers

GST rollout a positive move for both automobile manufacturers & customers: Nissan MD Arun Malhotra

Topics
Gst Impact On Cars

Press Trust of India  |  New Delhi 

Renault-Nissan, Nissan, cyber attack,
Nissan Motor India's Logo

Japanese automaker Nissan on Thursday announced the reduction in prices of its vehicles, including Datsun brand, by an average of 3 per cent to pass on the GST benefit to customers.

Ex-showroom prices of the company's products have been reduced by an average of 3 per cent, depending on city and model specification, Nissan Motor India said in a statement.

"The implementation of the GST is a positive move for both automobile manufacturers and customers. We are happy to pass on the benefits to our customers for a more attractive value proposition," Nissan Motor India MD Arun Malhotra said.

The company sells a range of vehicles under Nissan and Datsun brands, ranging from hatchback Redi Go to SUV Terrano, in Indian market.

Yesterday, Tata Motors and Renault had announced reduction in prices. Companies like Mahindra & Mahindra Honda Cars India, Ford, Maruti Suzuki, Toyota Jaguar Land Rover, BMW, Mercedes-Benz and Audi have already reduced prices to pass on the GST benefits.

Even two-wheeler makers like TVS Motor Company, Honda Motorcycle & Scooter India, Hero MotoCorp, Bajaj Auto, Royal Enfield, Yamaha and Suzuki Motorcycle have cut prices.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, July 06 2017. 17:05 IST
RECOMMENDED FOR YOU
.