Thanks to the rollout of GST 2.0, India’s automotive sector is seeing significant price reductions across the board. Consumers can now enjoy savings ranging from ₹65,000 to ₹8.9 lakh, spanning everything from mass-market hatchbacks to premium SUVs.
Mahindra leads the charge, cutting prices up to ₹1.56 lakh, with its Bolero Neo dropping by ₹1.27 lakh and the XUV 3XO slashed by ₹1.40 lakh (petrol) and ₹1.56 lakh (diesel). Other brands like Tata, Toyota, Skoda, Renault, BMW, Mercedes-Benz, and Hyundai are passing on the reduced GST directly to buyers.
“With savings of up to ₹8.9 lakh, GST 2.0 has made premium cars more attainable than ever.”
Why This Matters
Biggest Buyer Benefit in Years
The wide-ranging price cuts make it easier for consumers to upgrade from entry-level cars to premium SUVs at competitive prices.
Revives Auto Demand
With rising fuel prices and sporadic demand, the tax relief is a timely boost that could spark fresh buying interest.
Market Shake-Up
Automakers that quickly adjust to the new pricing environment could redefine the competitive dynamics in the EV and ICE segments.