News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 11 years ago
Home  » Business » Tata Motors slashes hatchback, sedan prices

Tata Motors slashes hatchback, sedan prices

By Anurag Kotoky
March 04, 2013 18:26 IST
Get Rediff News in your Inbox:

India's Tata Motors said it has cut prices of its hatchbacks and sedans by Rs 29,000-50,000 ($530-$910), in a bid to lure customers to a market that is on course in the current fiscal year to post the first decline in annual sales in a decade.

Tata Motors, however, raised prices of its sport-utility vehicles (SUVs) - the only bright spot in the Indian car market in recent months - by up to Rs 11,000, the spokeswoman, who declined to be identified by name, said.

The increase in prices of SUVs, after factory-gate taxes, will be as much as Rs 35,000,

she added.

Speak to experts on Live Chat!

Union Budget, as it unfolded on February 28

Complete coverage: Union Budget 2013-14

Budget Impact Live!

Get Rediff News in your Inbox:
Anurag Kotoky in New Delhi
Source: REUTERS
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
 

Moneywiz Live!