The price cut will come into effect from July 7 and has cars that benefit from this are Pajero, Outlander and Montero, said Hindustan Motors in a press statement. The Union Budget presented on Monday had proposed to reduce additional excise duty cuts on cars with engine capacities of 2,000 cc and above. The maximum amount of benefit would be Rs 5,000 on big cars as per the budget.
The statement by Hindustan Motors Limited said "HML is passing on the entire benefit to customers. Customers can expected a cut of Rs 6,000 in Pajero, Outlander and Montero."Following the announcement, the new prices will be Rs 20.64 Lakh on Pajero, Rs 20.69 Lakh on Outlander and Rs 41.88 Lakh on Montero.
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