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Automobile Companies Slash Prices Post-GST
Updated on: Jul 13th, 2021 - 1:11:00 PM
2 min read
Updates from 03rd July, 2017
The second day of the GST-regime saw many automobile companies cut down prices on the goods produced and sold after July 1st. Japanese auto dealer Toyota has slashed prices by 13%, while Indian motorcycle company HeroCorp brought down the prices on its two-wheelers by INR 400-4000. Market leader Suzuki’s cars are cheaper by 3%, and others like Hyundai and Tata are expected to follow suit.
As reported in The Times of India
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