How much price cut are car brands offering after new GST rates?
Following the reduction in GST rates, several automakers announced to cut prices of their cars. Mahindra has decided to cut rates by up to ₹1.56 lakh on their cars. Tata said the rates will go down by up to ₹1.55 lakh, while Hyundai will cut prices up to ₹2.40 lakh. Toyota cars will see reduction by up to ₹3.49 lakh.