Carazoo Indian Car Blog

Small car are people’s car and they are the best suited for the Indian roads. Their popularity in India is growing in a big way. Here is great and interesting news about them. The Congress UPS government has given tax sops to the Indian auto industry and this means that small car will be cheaper now. Now this is the time to rejoice for the new car buyers. Wait there is more to small cars; they will be still cheaper by Rs. 9,000–14,000 as there will be exemption of customs duty on steel too.

The excise duty is also scraped from 12%to 4%. There will be a huge difference in the price now and the sales figure of the small cars are gonnna go very high. There is another segment which has also undergone a reduction in duty from 24% to 14% and that in the hybrid section. Toyota Motors will be benefited with this reduction and later Hyundai motors, as they are planning to roll out their hybrid car in India very soon.

Labels: hybrid cars, Hyundai Motors, small cars, Toyota Motors

posted by Carazoo Blog @ Tuesday, April 29, 2008