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Tuesday, Jan 13, 2004

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Honda cuts CR-V price by Rs 30,000

Our Bureau

New Delhi , Jan. 12

HONDA Siel Cars India Ltd today cut the price of its CR-V sports utility vehicle by Rs 30,000, following the recent decision of the Government to abolish the four per cent special additional duty (SAD).

CR-V will be now priced at Rs 14.50 lakh (ex-showroom Delhi) compared with Rs 14.80 lakh earlier, the company said in a statement. Honda Siel has also cut the prices of its City and Accord sedans by Rs 10,000 to Rs 30,000 to pass on the benefits of customs duty cuts.

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