Following recent GST reforms in India, major automakers like Tata, Hyundai, and Toyota have announced significant price cuts on their vehicles. The new tax structure places small cars at 18% and larger vehicles at 40%, leading to reduced prices for popular SUVs and cars. Consumers can expect savings on models like the Toyota Fortuner, Tata Nexon, and Mahindra XUV700.
from Auto-Industry-Economic Times https://ift.tt/QFiBe8l
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