Rediff.com » Business
Tata Motors slashes hatchback, sedan prices
By Anurag Kotoky
March 04, 2013 18:26 IST
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.
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.
Recommended by Rediff.com
Afzal Guru's hanging not due to political reasons: Omar
No rollback of duty hike on SUVs: FM
Maruti, Toyota sales FALL in Feb; Hyundai's UP 5%
Rupee recovers after falling below 55-mark
Something to cheer for commercial vehicles sector
© 2024 Rediff.com