Significant changes are underway for car and bike buyers in India with the implementation of the new GST 2.0. Automakers are now passing on savings directly to customers due to lower tax rates. These price cuts are substantial, ranging from approximately Rs 40,000 for small hatchbacks to as much as Rs 30 lakh for luxury SUVs, marking a significant shift in the automotive sector’s pricing structure.
Consumers can anticipate savings across a wide range of vehicles, from affordable options like Maruti Suzuki models to premium offerings such as Range Rover SUVs, and even popular bikes like the Honda Activa and Shine. The following is a brand-wise breakdown of the price reductions.
Cars That Will Get Cheaper:
[Table of price reductions for various car models from Mahindra, Tata Motors, Toyota, Range Rover, Kia, Skoda, Hyundai, Renault, Maruti Suzuki, Nissan, and Honda.]
Bikes That Will Get Cheaper:
Honda Two-Wheelers – Up to Rs 18,887 off (under 350cc)
[Table of price reductions for various bike models from Honda.]
