Hyundai Motor India is set to lower the prices of its vehicles, passing on the advantages of the latest GST reforms to customers. These price adjustments will go into effect on September 22, just ahead of the festive period. The price cuts will be significant, with reductions reaching as high as Rs 2.4 lakh. The Hyundai Tucson model will benefit from the most substantial price cut, decreasing by Rs 2,40,303. Many of Hyundai’s best-selling models, including the Grand i10 Nios, Aura, Exter, i20, Venue, Verna, Creta, and Alcazar, will also see price reductions from around Rs 60,000 to over Rs 1.2 lakh. The reforms impact the GST rates for both small cars and larger vehicles, potentially boosting sales.
Price Reductions Announced by Hyundai in Response to GST Reforms
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