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JLR and Volvo slash car prices up to ₹30.4 lakh post-GST rate cut, boosting luxury car market.
Jaguar Land Rover (JLR) and Volvo Cars India have announced significant price cuts on their vehicles following a Goods and Services Tax (GST) rate reduction.
JLR will reduce prices by up to ₹30.4 lakh across its Range Rover, Defender, and Discovery models.
Volvo plans to cut prices by up to ₹6.9 lakh on its ICE vehicles starting September 22.
JLR's managing director, Rajan Amba, praised the GST rationalization as a boost to the luxury car market.
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JLR y Volvo recortan los precios de los automóviles hasta ₹ 30.4 lakh después del recorte de la tasa de GST, impulsando el mercado de automóviles de lujo.