No plan to hike vehicles' price from Jan; won't undermine GST rate cut initiative: Mahindra

Mahindra & Mahindra plans to hold vehicle prices steady from January. The company will only consider a price increase if raw material costs rise significantly. This decision respects the government's GST reduction for consumers. Mahindra & Mahindra aims to avoid price hikes solely due to tradition. Carmakers previously passed on GST benefits through price cuts.

from Auto-Industry-Economic Times https://ift.tt/c2gqiKO