Hyundai Motors India Limited on Wednesday said that it is offering a Rs 5,000 price cut on its iconic premium sedan Sonata Transform following the excise duty cut.
The government had proposed to reduce the additional excise duty on big cars with engine capacities of 2,000 cc and above by Rs 5,000 per unit in the Budget for 2009-10.
The Sonata Transform is a premium car with all the options and it had always catered to customers who looked for the ultimate luxury without having to pay exorbitantly for it. Following the price cut, the 2.4 litre Sonata Transform will now be available at Rs. 13,84,448 (ex-showroom, Delhi).
Hyundai’s price cut comes on the heels of similar cuts by other auto players including Hindustan Motors, Ford India and Honda Siel Cars India. As vicky.in already reported you, other auto makers like BMW, General Motors India and Toyota Kirloskar Motor have also said that they would pass on the benefits of the excise cut to customers.