Maruti Suzuki Ciaz And Ertiga To Become Pricier After Withdrawal Of FAME Subsidy

Login   |  Register Now

Follow us with

Maruti Suzuki Ciaz And Ertiga To Become Pricier After Withdrawal Of FAME Subsidy

Posted on : Monday 3rd of April 2017

Total 1 News Image

The announcement of the Central Government of withdrawing the subsidies that have been provided to mild hybrid diesel cars under the FAME scheme has certainly been a bit of a dampener for Maruti Suzuki India. The company already has the Ertiga and Ciaz which come with the Smart Hybrid Vehicle System (SHVS) and which attracted incentive under this scheme. Under the FAME or 'Faster Adoption and Manufacturing of Hybrid and Electric both the Ciaz and the Ertiga were receiving a subsidy of ₹ 13,000. This subsidy, however, was applicable only on the on-road price of both the cars and hence the ex-showroom prices of both the cars remains unchanged.

The Ciaz SHVS starts at ₹ 7.73 lakh going all the way up to 9.54 lakh (ex-showroom Delhi) and there is no change in this figure. It's the on-road price of the Ciaz that gets affected as the variants with SHVS will not carry the ₹ 13000 subsidy given earlier and hence the on-road price of the Ciaz SHVS will start from ₹ 8.7 lakh going up to 10.7 lakh.

The Ertiga too will be the affected car and it too will not see any changes in the ex-showroom price, which starts from ₹ 7.13 lakh to 8.71 lakh. The on-road price of the Ertiga will, therefore, start from ₹ 8 lakh to 9.8 lakh for the ZDI Plus variant. That said, mild hybrids will continue to attract a lower 11.5% excise cut under the government's union budget policy to promote the cleaner technology.

Mild hybrid vehicles use the energy generated while applying the brakes and turns it into electric energy that is then stored in a battery. This energy can then be used to turn the starter motor when the car's start-stop system needs it.

Also, the SHVS technology is not just limited to these two cars as more Maruti products are expected to get them in future. While we have already spotted the Baleno and the next-generation Swift Dzire with SHVS badging, the new-gen Swift hatchback is also expected to get it when the car is launched in India.

Disclaimer: The contents or any information provided here is strictly personal and way4indians.com does not hold any responsibility or liability on them. We shall endeavor to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libelous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Advertisements

Copyright © 2012-2018, All rights Reserved   |  www.way4indians.com  |  This Logo is a trademark of Way4Indians. For Enquires, please contact : info@way4indians.com