Yamaha cuts two-wheeler prices by up to Rs 3,066

Tags: Yamaha, Companies
Yamaha Motor India Sales today announced cutting prices of its two-wheelers by up to

RELATED ARTICLES

Rs 3,066 across models following excise duty reduction announced in the interim Budget.

"The company has decided to pass on the differential amount to the dealers on their existing as well as transit stock in order to enable them to immediately extend 100 per cent benefit to the customers," Yamaha Motor India Sales said in a statement.

The price cut ranges from Rs 1,033 to Rs 3,066 depending on the variants, it added.

Commenting on the move, Yamaha Motor India Sales Vice President – Sales & Marketing, Roy Kurian said: "The announcement from the Finance Minister comes at a very opportune time when the sentiments are high right after the Auto Expo and the industry is seeing an upward trend. We are glad to be passing on the entire benefit to our customers by creating a favourable arrangement with our dealers."

Yamaha sells scooters Alpha, Ray Z and Ray and a range of motorcycles, including YBR110, FZ16 and YZF R15, in India.

In the interim Budget 2014-15, Finance Minister P Chidambaram announced reduction of excise duty on small cars, scooters, motorcycles and commercial vehicles to 8 per cent from 12 per cent earlier; 24 per cent from 30 per cent on SUVs; 24 per cent from 27 per cent on large cars; 20 per cent from 24 per cent in mid sized cars.

Other two-wheeler makers Hero MotoCorp and Honda Motorcycle and Scooter India (HMSI) have also announced price cuts after the excise duty cut.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Lower home loan rates signal tough fight for market share

    Barely four weeks ago, a few public sector banks reduced interest rates on time deposit schemes by 10 to 25 basis points, depending on the tenure of t

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Could prohibition mean profiteering?

In the mid 1930s, an American journalist asked Bapu if ...

Zehra Naqvi

The five universal languages of love

Love is a universal language. Don’t we all believe that? ...

Dharmendra Khandal

Time to protect our endangered wildlife species

After 65 million years of existence, the earth’s biodiversity is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture