Toyota Kirloskar Motor on Saturday said it is reducing prices of its vehicles by up to Rs 3.49 lakh to pass on the benefits of GST rate cut to customers. The revised prices will come into effect from September 22.
Price of Glanza hatchback is expected to come down by up to Rs 85,300, Taisor by Rs 1.11 lakh, Rumion by Rs 48,700, Hyryder by Rs 65,400, Crysta by Rs 1.8 lakh, Hycross by Rs 1.15 lakh and Fortuner by Rs 3.49 lakh. Similarly, Legender price is expected to reduce by Rs 3.34 lakh, Hilux by Rs 2.52 lakh, Camry by Rs 1.01 lakh and Vellfire by Rs 2.78 lakh.
Mahindra & Mahindra has also reduced prices of its passenger vehicle range by up to Rs 1.56 lakh with immediate effect. The revised prices for all applicable ICE portfolios are effective from September 6 and will be transparently updated across dealerships and digital platforms.
The company has reduced price of Bolero/Neo range by Rs 1.27 lakh, XUV3XO (petrol) by Rs 1.4 lakh, XUV3XO (diesel) by Rs 1.56 lakh, THAR 2WD (diesel) by Rs 1.35 lakh, THAR 4WD (diesel) by Rs 1.01 lakh and Scorpio Classic by Rs 1.01 lakh. Similarly, price of Scorpio-N has been reduced by Rs 1.45 lakh, Thar Roxx by Rs 1.33 lakh and XUV700 by Rs 1.43 lakh. Tata Motors and Renault India have also cut vehicle prices.