<h1>Major automaker cuts vehicle and service prices to pass 8.5% GST reduction, deeper entry-level discounts and compensate dealers</h1> A major passenger-vehicle manufacturer announced via regulatory filing that it will reduce retail prices across its model range effective Sept. 22 to pass on a government GST rate reduction and to stimulate demand, with deeper cuts on entry-level models beyond the 8.5% GST benefit. The firm stated it will also apply the GST cut to service/parts to lower total ownership costs, compensate distribution channel partners for the strategic pricing initiative, and expects the market to recover next fiscal year. Specific modelwise maximum reductions were disclosed in the filing.