Eicher Motors' joint venture (JV) - VE Commercial Vehicles has reduced prices of trucks and buses in order to pass on the GST benefit to customers. The company is offering price reductions from 1.5% up to 5% on its range of trucks and buses. The price cut varies model wise and state wise. Various other commercial vehicle makers including Tata Motors have already reduced prices following GST roll out.
Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.