"The implementation of the GST
is a positive move for both automobile manufacturers and customers. We are happy to pass on the benefits to our customers for a more attractive value proposition," Nissan Motor India MD Arun Malhotra said.
The company sells a range of vehicles under Nissan and Datsun brands, ranging from hatchback Redi Go to SUV Terrano, in Indian market.
Yesterday, Tata Motors and Renault had announced reduction in prices. Companies like Mahindra & Mahindra Honda Cars India, Ford, Maruti Suzuki, Toyota Jaguar Land Rover, BMW, Mercedes-Benz and Audi have already reduced prices to pass on the GST
Even two-wheeler makers like TVS Motor Company, Honda Motorcycle & Scooter India, Hero MotoCorp, Bajaj Auto, Royal Enfield, Yamaha and Suzuki Motorcycle have cut prices.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)