After Tata, Mahindra passes on GST benefits, cuts SUV prices | Details inside

Automobile giants Mahindra & Mahindra and Renault India announced a significant price reduction for their cars on Saturday, following the rollout of GST 2.0, passing the entire benefit on to customers. Starting September 6, Mahindra is offering a price cut of up to Rs 1.6 lakh on its cars eligible for the GST reduction announced by the central government earlier this week.

Similarly, prices of Renault’s models, Kwid, Triber and Kiger have been slashed by up to Rs 96,395. The updated prices will apply to all deliveries made on or after September 22; however, bookings at the revised rates are open immediately at Renault dealerships.

The move comes after Tata Motors also confirmed that it would pass on the full benefit of the new GST rates, effective from September 22. As a result, the Tiago will see price reductions of up to Rs 75,000, while the Nexon will become cheaper by as much as Rs 1,55,000.