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India's Auto Prices Drop After GST 2.0 Reform

9/12/2025

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Summary

Story summary

India's automobile industry is adjusting prices following the GST 2.0 reform, effective September 22, 2025.
The tax on smaller passenger vehicles decreased from 28% to 18%, leading to lower prices from carmakers.
Tata Motors has cut prices on the Nexon SUV, while BMW's Mini line and Hyundai's Tucson SUV also see reductions.
Toyota has reduced prices by up to Rs 3.5 lakh on models like the Fortuner and Innova.
Eicher's price cuts on commercial vehicles support fleet operators and small businesses, enhancing affordability and festive demand.

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Story summary

India's automobile industry is adjusting prices following the GST 2.0 reform, effective September 22, 2025.
The tax on smaller passenger vehicles decreased from 28% to 18%, leading to lower prices from carmakers.
Tata Motors has cut prices on the Nexon SUV, while BMW's Mini line and Hyundai's Tucson SUV also see reductions.
Toyota has reduced prices by up to Rs 3.5 lakh on models like the Fortuner and Innova.
Eicher's price cuts on commercial vehicles support fleet operators and small businesses, enhancing affordability and festive demand.