Hyundai Motor India Limited (HMIL) has announced substantial price reductions across its passenger vehicle lineup after the implementation of the revised Goods and Services Tax (GST) structure. The new prices, effective September 22, 2025, will lower costs by up to ₹2.4 lakh, bringing welcome relief for car buyers ahead of the festive season.

GST Reform: A Turning Point for the Auto Industry

The revised GST structure has simplified the tax burden on automobiles:

  • Small Cars (under 4 metres, up to 1,200cc petrol or 1,500cc diesel): GST reduced from 28% to 18%.
  • Larger Vehicles (over 4 metres, engines above 1.2L petrol or 1.5L diesel): GST set at 40%, but the earlier additional cess has been removed, leading to net price reductions in several segments.

Industry experts believe this move will stimulate demand, particularly in entry-level and mid-size car segments, and give a boost to automakers during the crucial festive period.

Model-Wise Hyundai Price Reductions

As per reports, here are the specific model-wise cuts announced by Hyundai:

Model Price Reduction
Grand i10 Nios ₹73,808
Aura ₹78,465
Exter ₹89,209
i20 ₹98,053
i20 N Line ₹1,08,116
Venue ₹1,23,659
Venue N Line ₹1,19,390
Verna ₹60,640
Creta ₹72,145
Creta N Line ₹71,762
Alcazar ₹75,376

The most significant benefit can be seen in the Venue range, with price cuts exceeding ₹1.2 lakh. Even Hyundai’s premium hatchbacks and SUVs, including the i20 N Line and Creta N Line, are seeing notable reductions.

Market Implications

  • For Buyers: More affordable Hyundai cars ahead of the festive season, potentially boosting retail demand.
  • For Hyundai: A stronger competitive edge against rivals in both hatchback and SUV categories.
  • For Industry: The reform may set a precedent for other automakers to pass on GST-related savings to customers.

Summary

  • Hyundai Motor India has cut prices across its lineup by up to ₹2.4 lakh, effective September 22, 2025.
  • GST on small cars has been reduced to 18%, while larger vehicles now attract 40% GST but without the earlier cess.
  • Model-wise reductions range from ₹60,000 (Verna) to over ₹1.23 lakh (Venue).
  • The move is expected to boost festive season sales and strengthen Hyundai’s positioning in a competitive auto market.

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