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Eicher Motors to cut prices across all models effective February 18

21 Feb 2014 Evaluate

Eicher Motors in its bid to pass on the benefit of full excise duty cut of 4% to customers would be reducing prices across all models effective February 18. This development comes right after government announced a cut in excise duty in the vote on account. In the interim Budget 2014-15, while the excise duty for small cars, scooters, motorcycles and commercial vehicles was cut to 8% from 12%, it was slashed to 24% from 30% for SUVs. Besides, excise duty on large cars too, were reduced to 24% compared with 27% earlier.

Tata Motors, India's largest automobile company, too has slashed Passenger vehicles (PV) prices by Rs 6300 -Rs 69000 & Commercial vehicles (CV) prices by Rs 15,000-Rs 1.5 lakh.

Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.

Eicher Motors Share Price

7088.25 -138.30 (-1.91%)
23-Apr-2026 16:59 View Price Chart
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