The prices of vehicles for end customers on large UVs and SUVs have been reduced by an average of 6.9 per cent, while those that come under small car segment have been reduced by an average of 1.4 per cent, Mahindra said in a regulatory filing.
Similarly, the company has reduced prices of small commercial vehicles by an average of 1.1 per cent and 0.5 per cent for light commercial vehicles and heavy commercial vehicles, it added.
"These price changes to end customers will vary across states or even cities within a state, due to the differing levels of pre-GST local taxes," the company said.
The company said there would be no change of prices for tractors.
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Already companies including Honda Cars India, Ford, Maruti Suzuki, Toyota Jaguar Land Rover, BMW, Mercedes-Benz and Audi have reduced prices to pass on GST benefits.
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