Maruti Suzuki leads Nifty gain with UP's hybrid vehicle registration fee exemption

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Maruti Suzuki shares soar 5% on UP's waiver of hybrid vehicle registration tax

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UP's hybrid vehicle tax waiver to benefit Maruti Suzuki, Honda, and Toyota customers up to ₹3.50 lakh

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Grand Vitara Hybrid: Powertrain equipped with 1.5-litre petrol engine (92PS/122Nm) and electric motor (80PS/141Nm)

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Maruti Suzuki Invicto: 2.0L petrol engine with e-CVT, 186PS combined power

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Buyers in UP to save over ₹3 lakhs on Maruti Suzuki Invicto, ₹2 lakhs on Grand Vitara

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UP Road Tax: 8% for vehicles under ₹10 lakhs, 10% above ₹10 lakhs (ex-showroom)

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UP includes hybrid vehicles with electric for registration fee exemption; 100 sold in FY24

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