HM cuts price of mini truck by Rs 7,000

Panjim, Feb 25
Hindustan Motors Ltd (HML) today reduced the prices of its light commercial vehicle by Rs 7,000.
The price of the 2.3 ton mini truck now stands at Rs 3.83 lakh (ex-showroom) from the earlier price of Rs 3.90 lakh.
In addition, HML would be passing on the duty cut benefit on castings and forgings that it supplies to the Original Equipment Manufacturers(OEMs). Spare parts prices will also be impacted and would come down.
The excise duty cut will have a positive impact on the taxi (Ambassador cars) sale as well.