Ford Figo

Ford is going to launch Ford Figo in March this year.Its price range between Rs 3.5 lakh to 4.5 lakh rupees. It will be launched in both petrol and diesel engine. It will have around 68 bhp in diesel engine and 70 bhp in petrol engine.

Excise duty on Small Cars has reduced in India.

P. Chidambaram (Indian Finance minister) has given a gift to Indian market yesterday when he announced the duty reduction to 12% from 16%.
This will make small cars more affordable.

Here I am showing you the various changes in Car Prices:-

Price reduced:-

Hyundai:-

Basic Model ->Rs12000-14000
Getz->Rs14000-16000
I10->Rs12000-16000

Maruti:-

Maruti 800 ->Rs6500

Swift Diesel->Rs18030

Hybrid Cars Excise duty has reduced from 24% to 12%.

Busses and their chassis excise duty have also reduced 4% (From 16% to 12 %).

More to know about excise duty of cars ---->click here

Latest news about Budget---->click here