In the first incident, a Renault Triber was completely gutted after it caught fire near Saket Bridge on the Mumbai-Nashik carriageway in Thane West

The largest reduction will be seen in entry-level models, with the Alto K10 and S-Presso going down by up to Rs 1.07 lakh and Rs 1.29 lakh, respectively. Other hatchbacks, such as the Celerio, Wagon-R, and Ignis, will also see significant savings of between Rs 71,300 and Rs 1.29 lakh