Business   

Ford cuts Endeavour price

CHENNAI: Ford India has reduced the price of its premium sports utility vehicle (SUV) Endeavour by Rs. 6,000. The price reduction comes in the wake of budget-induced reduction in excise duty on cars of engine capacity of 2,000 cc and above.

The Budget 2009-10 has proposed that the excise duty applicable on cars of engine capacity of 2,000 cc and above will be reduced from Rs. 20,000 to Rs. 15,000 a vehicle.

“The additional duty reduction has been a welcome step taken by the Government though the reduction is limited only to large cars. We are pleased to pass the benefit of the reduction on the Endeavour to the consumer in entirety,” according to Tim Tucker, Vice-President (Sales), Ford India, said.

The price reduction will be applicable to all three variants of the Endeavour, says a release. The base model (2.5 litre) will now be available at Rs. 15,01,000 (ex-showroom, New Delhi). The Ford Endeavour is available in two other variants — the 2.5L XLT and the 3.0L Thunder Plus.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Toshiba JSW to set up turbine unit in Chennai
Recession-hit exporters get incentives
Prakash to raise $100 m
Automobile sector disappointed
Captains get together
Private producers to sell power to consumers
Firefox launches mountain bike at Rs. 91,000
Ford cuts Endeavour price
i20 automatic versions launched
STPI scheme: SMEs have different views
RIL-RNRL case hearing on July 20
Big thrust on infrastructure through ‘takeout financing’
Sensex recovers 127 points
Exchange Rates
Bullion Rates

Copyright © 2009, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu