Mahindra & Mahindra (M&M) has rolled out substantial price cuts across its internal combustion engine (ICE) SUV lineup, offering savings of up to ₹1.56 lakh per vehicle. This move is a direct response to the latest GST reduction, with revised prices taking effect from September 6, 2025
Background: GST 2.0 Brings Relief to Buyers
The price revisions come on the heels of the 56th GST Council meeting earlier this week, where the government simplified the tax structure by lowering GST rates for vehicles. In turn, Mahindra is passing on the full benefit of these reductions to customers across its popular ICESUV range.mint
Model-Wise Price Cuts: Major Savings Across the Board
Here are some of the standout reductions in Mahindra’s SUV lineup:
| Model | Price Reduction (₹ Lakh) |
|---|---|
| XUV3XO (Diesel) | 1.56 |
| Scorpio-N | 1.45 |
| XUV700 | 1.43 |
| XUV3XO (Petrol) | 1.40 |
| Thar 2WD (Diesel) | 1.35 |
| Thar Roxx | 1.33 |
| Bolero/Neo | 1.27 |
| Thar 4WD (Diesel) | 1.01 |
| Scorpio Classic | 1.01 |
These adjustments aim to make premium SUVs more accessible, particularly models like the XUV3XO Diesel, Scorpio-N, and XUV700, which offer the highest savings.
Why It Matters: Boost to Festive Demand
The timing couldn’t be better—as we approach the festive season, Mahindra’s price corrections are expected to rejuvenate demand. With certain models now up to ₹1.56 lakh cheaper, both first-time buyers and those planning upgrades are likely to rush to dealerships.
What’s Next for the Auto Sector
Mahindra isn’t alone—Tata Motors and Renault India have also announced GST-linked price reductions, with Tata planning its cuts from September 22, and Renault following suit around Navratri time.
Analysts say these sweeping tax reforms and subsequent price cuts could define the auto sector’s trajectory in the second half of 2025, especially as buyers seek better value in challenging economic times.
