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INDIAN (B)

Car price cut: Maruti says 'looking into the issue', Toyota, Honda, Hyundai say 'no'

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Maruti Suzuki is considering vehicle price revisions following the cut in corporate tax rates, though Hyundai, Toyota and Honda have said that existing consumer offers are sufficient and there may not be much scope to cut prices. Hyundai said that “passing on the benefit in terms of a price cut may be a long shot” at this point in time. Honda said current offers “are sufficient at this point in time.”



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