Car prices: Mahindra cuts rates by up to Rs 1.56 lakh after GST reform; XUV700, Thar, Scorpio see big drops

Mahindra & Mahindra has announced price reductions of up to Rs 1.56 lakh across its passenger vehicle range, effective September 6, passing on the benefits of the revised GST structure cleared on September 3. The price cuts impact models like Bolero/Neo, XUV3XO, Thar, Scorpio, and XUV700, ensuring customers receive the full benefit of the GST rationalization.