Maruti Suzuki announces significant price cuts; check by how much cars got cheaper

Maruti Suzuki, the country’s largest car manufacturer, has announced that pass on the entire benefit of the GST reduction to customers. The shares of Maruti Suzuki traded flat-to-negative at ₹15,740 apiece on the NSE after the announcement.

The exchange filing read, “With effect from 22nd September 2025, the Company will pass on the full benefit of the recent reduction in GST rates on automobiles to customers, in line with the revised GST regulations taking effect on that date”.

The price cuts are taken into consideration ahead of the pent-up festive demand. The GST council had revised the GST on cars below 1200 cc and below 4000 mm to 18% from 28% earlier. In addition, for cars above 4000 mm, the GST rates were hiked from 28% + cess to 40% flat.

Auto companies, including Mahindra and Mahindra (M&M), Renault India, Toyota Kirloskar Motor, Tata Motors, Mercedes-Benz India, and Hyundai Motor India, announced price cuts in the first week of September to pass on the benefits of the GST rate reduction to customers.

Shares of Maruti Suzuki are one of the top five performers among the index constituents with 25% returns in last one year, outperforming the benchmark index.