Price cuts announced by Car manufacturers in response to Budget 2008.

Following are the price cuts announced by the various manufacturers in response to the cut in excise duty,

Hyundai:
Reduction in prices in the range of Rs 8,730- Rs 13,278 on the Santro, Rs 11,047- Rs 16,324 on the i-10 and from Rs 13,169- Rs 19,419 on the Getz.

Maruti:
Reduction would range between Rs 6,500 for Maruti 800 to Rs 18,030 for Swift Diesel .Six models that qualify for lower excise benefit including Maruti 800, Omni, Zen, Wagon R, Swift Diesel and Alto.

General Motors :
To reduce prices in the range of Rs 7,500 –Rs 14,000 on the Spark and U-VA.

Tata Motors:
The prices of Indica range have been reduced in the range of Rs 8,500 to Rs 14,600 while prices of the recently launched Indigo CS have been reduced in a range of Rs 12,700 to Rs 15,300.

Skoda:
Reduction of upto Rs.18,000 on the Fabia diesel.

Fiat:
The three variants of Palio Stile will cost up to Rs 12,000 less from March 1.

Ford:
Has cut prices of the Fusion diesel by a whopping Rs.22,000 effective from March 1.

Update:
These are all the vehicles which qualify for the price cut and all manufacturers have passed on the benefit to the manufacturers.The other vehicles presently in the market do not qualify for the cut in excise duty.

[Source:The HinduBusinessline,The Statesman,Sify]