General Motors India on Thursday cut prices of critical spare parts of two of its best selling models Chevrolet Optra and Tavera by as much as 26 to 52 per cent.
"The reduction has been made possible by passing on the benefit of localisation of these to the consumers to ensure lower operating costs," GMI President and Managing Director Rajeev Chaba said.
The spare parts whose prices have been cut include, front strut shock absorber, front disc brakes, clutch and pressure plates, oil filter and fuel filter.
Chaba said the company was targeting its multi-utility vehicle Tavera to all segments, including the fleet and personal usage, and the price cut on spare parts would make the vehicle "more attractive".