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GST impact: Ford India slashes vehicle prices by up to 4.5%

Prices Slashed By Rs 2,000 To Rs 1.5 Lakh In Delhi, While In Mumbai, The Price Cut Ranges Between Rs 28,000 - Rs 3 Lakh

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Image: CarDekho.com
It has been a couple of days since Goods and Service Tax (GST) came into effect and we’ve seen automakers wasting no time to get their vehicle prices down to start luring customers to their showrooms. While we’ve seen MarutiAudiJaguarLand Rover and Toyota complete this activity on July 1, Ford India has now joined the list. The Indian arm of the American carmaker has decided to reduce the prices of its vehicles by up to 4.5 per cent with immediate effect.

Also Read: Impact of GST On Car Prices In India

The prices will vary from state to state but the steepest decline is witnessed in Mumbai, where the burden of pre-GST tax structure was heavier than that of Union Territories like Puducherry and Delhi. In India’s financial capital, prices for Ford cars have been slashed by Rs 28,000 (for the Figo) and Rs 3 lakh (for the Endeavour).

Also Read: GST Effect: Toyota Slash Prices By Up To 12.29 Lakh

In Delhi, the price of the Figo hatchback has been reduced by Rs 2,000, while the EcoSportis now cheaper by Rs 8,000. The 7-seat Endeavour gets a price cut of up to Rs 1.5 lakh depending on the variant. The company, however, hasn’t shared any details about the prices of its flagship offering – the Mustang.

Recently, Ford India discontinued all the manual variants of the Endeavour, thereby bringing the variant list down to just three from the earlier five. The only trim that has 4×4 system on offer now is the top-spec 3.2-litre 4×4 AT Titanium.

Source: CarDekho.com

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