September 8, Monday:
Following the 56th GST Council's decision to lower GST rates, Hyundai and Tata Motors have announced significant price reductions throughout their passenger vehicle portfolios, providing much-needed relief for car buyers. The revised rates from September 22, 2025, reduce GST on sub-compact cars to 18% from the previous 28%, with SUVs now coming under the 40% slab without any additional cess. Electric cars will still get the concessional 5% slab.
The action followed soon after Mahindra & Mahindra and Renault also declared comparable price cuts to transmit the benefits of the tax reduction to consumers. Hyundai and Tata Motors both have assured that they are passing on the full benefit of the GST decrease to consumers.
Hyundai’s price cuts extend across its popular models, with reductions ranging from around ₹60,000 to over ₹2.4 lakh.
Hyundai Price Cuts (up to):
Grand i10 Nios: ₹73,808
Aura: ₹78,465
Exter: ₹89,209
i20: ₹98,053
i20 N Line: ₹1,08,116
Venue: ₹1,23,659
Venue N Line: ₹1,19,390
Verna: ₹60,640
Creta: ₹72,145
Creta N Line: ₹71,762
Alcazar: ₹75,376
Tucson: ₹2,40,303
Tata Motors has also announced considerable reductions throughout its range.
Tata Motors Price Cuts (up to):
Tiago: ₹75,000
Tigor: ₹80,000
Altroz: ₹1,10,000
Punch: ₹85,000
Nexon: ₹1,55,000
Curvv: ₹65,000
Harrier: ₹1,40,000
Safari: ₹1,45,000
Calling the reform “progressive and timely,” Tata Motors MD Shailesh Chandra said the move would make personal mobility more affordable for millions, while Hyundai’s MD Unsoo Kim termed it a “revolutionary step” to boost consumer confidence and economic growth.
With these cuts, the festive season is likely to witness a surge in demand as customers take advantage of lower prices across segments.
