New Delhi, July 18 2017: Eicher trucks and Buses in a bid to pass benefits of the new tariff regime under GST has announced the reduction of prices on its entire product range. The new rates came into effect from July 1st, 2017.
Eicher Trucks and Buses is offering the price reductions from 1.5% up to 5% on its range of trucks and buses. The price reduction varies model wise and state wise.
Commenting on the price reduction, Vinod Aggarwal, Managing Director & CEO, VE Commercial Vehicles said, “The GST is the biggest tax reform that we have witnessed and it will bring in a lot of efficiencies and productivity benefits. The immediate impact is some reduction in taxes on an average basis and we have passed on the expected benefits from the new tax regime to the customers. The reduction in prices ranges from 1.5% to 5% for most of the product categories’.
About Eicher Trucks & Buses
Eicher Trucks and Buses has the lineage of three decades of operations in India. Eicher Trucks and Buses (ETB) is present in the L/MD segment with a strong presence in the 4T-15T truck segment and an ever increasing market share in 16T-49T heavy duty trucks segment. Eicher has unveiled its entire new range of future generation trucks and buses, named the “Eicher Pro’’ series. Adopting the most professional and holistic approach to modernize the Indian trucking industry, the new brand philosophy is to “Go Pro”. Eicher’s new Pro series trucks and buses promise to deliver best-in-class fuel efficiency, higher loading capacity, superior uptime and overall vehicle life time profitability
About VE Commercial Vehicles Ltd (VECV)
VE Commercial Vehicles Limited (VECV) is a joint venture between the Volvo Group and Eicher Motors Limited. In operation since July 2008, the company includes the complete range of Eicher branded trucks and buses, VE Powertrain, Eicher’s components businesses as well as the sales and distribution business of Volvo trucks within India. VECV vision is to be recognized as the industry leader driving modernization in commercial transportation in India and the developing world.