Carmakers slash discounts as GST 2.0 cut revives small-car demand
Maruti, Tata and Hyundai are paring incentives on entry-level cars after the Sept 22 GST cut. Wagon R discounts dropped to ₹10,000 from ₹31,000 and Tata withdrew Tiago and Punch offers. Alto/S-Presso sales jumped 146% to 32,341 units; compact/mid-size rose 31% to 162,214 in early FY27.
Carmakers including Maruti, Tata and Hyundai are trimming discounts on entry-level cars as GST 2.0 cuts revive small-car demand, with Alto/S-Presso sales up 146% and compact models up 31% in early FY27.
Why this matters
Maruti is reversing the deep incentives seen earlier, when it rolled out June discounts up to ₹90,000. The GST-driven demand revival reinforces its retail outperformance after regaining 40% PV market share in May.
Retail-brand signals are steady, with 2,095 signals logged over the past 90 days.