{"id":43797,"date":"2019-09-26T09:16:29","date_gmt":"2019-09-26T01:16:29","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=43797"},"modified":"2019-09-26T09:19:28","modified_gmt":"2019-09-26T01:19:28","slug":"indias-car-major-maruti-suzuki-announces-price-cut-to-boost-sales","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=43797","title":{"rendered":"India&#8217;s Car Major Maruti Suzuki Announces Price Cut To Boost Sales"},"content":{"rendered":"\n<p>NEW DELHI, Sept 26 (NNN-PTI) &#8211; India&#8217;s ace car manufacturer, Maruti Suzuki, announced price cut on its ten different models by 5,000 Indian Rupees (71 U.S. dollars), on their ex-showroom value, in a bid to boost sales, amidst the ongoing economic slowdown.<\/p>\n\n\n\n<p>The new prices are applicable with effect from Wednesday, across the country, said company sources.<\/p>\n\n\n\n<p>&#8220;This reduction of price will be over and above the current promotional offers, for the company&#8217;s vehicle range,&#8221; said the company, in a statement yesterday.<\/p>\n\n\n\n<p>It added, &#8220;The Company is optimistic that the price reduction will bring down the cost of acquisition, especially for the entry-level customers. This announcement, around the festive season, will help boost customer sentiment and revive the market to create demand.&#8221;<\/p>\n\n\n\n<p>Only a couple of days ago, the Indian government had lowered the Corporate Tax rate, from 30 percent to 22 percent for existing companies.<\/p>\n\n\n\n<p>The country&#8217;s automotive sector has been facing a slowdown, as sales of passenger cars and commercial vehicles have been witnessing a dip over the past ten months.&#8211; NNN-PTI  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI, Sept 26 (NNN-PTI) &#8211; India&#8217;s ace car manufacturer, Maruti Suzuki, announced price cut on its ten different models by 5,000 Indian Rupees (71 U.S. dollars), on their ex-showroom value, in a bid to boost sales, amidst the ongoing economic slowdown. The new prices are applicable with effect from Wednesday, across the country, said [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":43799,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,300],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/43797"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43797"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/43797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/43799"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43797"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}