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New GST Price Cut: Hyundai Witnesses Price Drop Up To Rs 2.4 Lakh
Hyundai Motor India Limited (HMIL) has announced a significant reduction in prices across its passenger vehicle range following the government's recent decision to lower GST on internal combustion engine (ICE) cars. Customers can now look forward to price cuts of up to Rs 2.4 lakh, effective from September 22, 2025, when the revised GST rates come into effect.
According to the company, this move will directly benefit buyers by making Hyundai's cars and SUVs more affordable. Commenting on the development, Unsoo Kim, MD & CEO, Hyundai Motor India, said the government's reform was a progressive step that would not only strengthen the automobile industry but also empower millions of customers by improving accessibility to personal mobility. He added that Hyundai remains committed to supporting the nation's growth journey while delivering value, innovation, and the joy of driving through its vehicles.
Impact Of GST Reduction
The GST reform has specifically impacted ICE-powered models, which will now attract a lower tax slab of 18% or 40%, compared to the earlier burden of 29% to 50% (28% GST plus 1%-22% compensation cess). Hyundai confirmed that the benefits of this reduced tax rate are being passed on to customers in full, ensuring transparency and better affordability across its lineup.
Price Cuts Across Segments
Hyundai's hatchback range has seen notable reductions, with the Grand i10 Nios becoming cheaper by up to ₹73,808, while the popular i20 and its sportier N Line sibling will cost Rs 98,053 and Rs 1,08,116 less, respectively.
| Segment | Model | Price Reduction (₹) |
|---|---|---|
| Hatchback | Grand i10 Nios | ₹73,808 |
| Hatchback | i20 | ₹98,053 |
| Hatchback | i20 N Line | ₹1,08,116 |
| Sedan | Aura | ₹78,465 |
| Sedan | Verna | ₹60,640 |
| SUV | Exter | ₹89,209 |
| SUV | Venue | ₹1,23,659 |
| SUV | Venue N Line | ₹1,19,390 |
| SUV | Creta | ₹72,145 |
| SUV | Creta N Line | ₹71,762 |
| SUV | Alcazar | ₹75,376 |
| SUV | Tucson | ₹2,40,303 |
Among sedans, the Aura receives a price cut of Rs 78,465, and the Verna sees the lowest reduction at Rs 60,640.
In the SUV category, customers stand to gain the most. The compact Exter becomes cheaper by Rs 89,209, while the Venue and Venue N Line see price drops of over Rs 1.2 lakh. The bestselling Creta and Creta N Line will now cost around Rs 72,000 less. Larger SUVs such as the Alcazar and flagship Tucson also get significant cuts, with the Tucson leading the way at a massive Rs 2,40,303.
DriveSpark Thinks
With these reductions, Hyundai has positioned itself strongly ahead of the festive season. Lower ownership costs and wider accessibility are expected to drive demand, giving potential car buyers yet another reason to make their purchase sooner rather than later.
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