Check out: Cars and bikes getting cheaper after duty cut

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26 Aug, 2025 12:21

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In the interim budget on Monday, Finance Minister P Chidambaram on Monday cut excise duty across various types of two and four wheelers that ranged from 3 to 6 percent.

Battling the worst slowdown in a decade, the auto industry welcomed the move and many companies have chosen to pass on the duty cuts to consumers.

Key automakers such as Maruti Suzuki, Mahindra & Mahindra, Tata Motors, Honda, General Motors and Volkswagen have all pledged to bring down prices but have not yet quantified the exact reduction.

Here is a list of the announcements that have come from various auto companies and a look at how cheap their bikes and cars are expected to get, as a result of the excise duty.

Hero

Market leader Hero MotoCorp announced price cuts soon after the finance minister slashed the duty across its models, ranging up to a maximum of Rs 4,600.

Hero sells bikes such Karizma, ZMR, Splendor and Passion.

Honda

Similarly, Hero’s erstwhile partner and now rival Honda came out with a statement saying it would pass on the entire benefit of the duty cut as well.

The Dream Neo gets cheaper by Rs 1,600 while at the top end of the range, the CBR250’s price comes down by Rs 7,600.

Hyundai

The country’s second largest carmaker said it would cut prices across models from Eon to Santa Fe, and the reduction would range from Rs 10,000 to Rs 1,35,300.

Nissan

Nissan announced it has reduced prices of its models such as Micra Active, Micra, Sunny, Evalia, Terrano and Teana.

While Nissan did not specify the exact price cut, if the full benefit is passed through, it could range from Rs 10,000 to Rs 1.5 lakh.

Mercedes Benz

German luxury carmaker Mercedes said its C-Class and E-Class sedans would get cheaper by Rs 55,000 and Rs 76,000 respectively while the price of the GL-Class SUV will come down by Rs 2 lakh.