Tata Motors to slash prices by ₹1.45 lakh; Nexon, Harrier, Safari see major cuts
Tata Motors has announced a price reduction across its passenger vehicle lineup, with cuts ranging from ₹65,000 to ₹1.45 lakh, effective September 22. The move comes as the company passes on the full benefit of the recent GST rate cut to customers. The Mumbai-based automaker said it will revise
Tata Motors has announced a price reduction across its passenger vehicle lineup, with cuts ranging from ₹65,000 to ₹1.45 lakh, effective September 22. The move comes as the company passes on the full benefit of the recent GST rate cut to customers. The Mumbai-based automaker said it will revise
Tata Motors has announced a price reduction across its passenger vehicle lineup, with cuts ranging from ₹65,000 to ₹1.45 lakh, effective September 22. The move comes as the company passes on the full benefit of the recent GST rate cut to customers. The Mumbai-based automaker said it will revise
Tata Motors has announced a price reduction across its passenger vehicle lineup, with cuts ranging from ₹65,000 to ₹1.45 lakh, effective September 22. The move comes as the company passes on the full benefit of the recent GST rate cut to customers.
The Mumbai-based automaker said it will revise prices for its popular models- with the Tiago becoming cheaper by ₹75,000, the Tigor by ₹80,000, and the Altroz receiving a price cut of up to ₹1.10 lakh.
Similarly, the price of the compact SUV Punch will come down by ₹85,000 and that of Nexon by ₹1.55 lakh. Mid-sized model Curvv would also see a price cut of ₹65,000, Tata Motors said in a statement.
Prices of the company's premium SUVs - Harrier and Safari, will see a price reduction of ₹1.4 lakh and ₹1.45 lakh respectively, it added.
"In line with the Hon’ble Prime Minister’s vision, the Hon’ble Finance Minister’s intent and our Customer First philosophy, Tata Motors will fully honour the intent and spirit of this reform by passing on the entire benefit of the reduction in GST to our customers," Tata Motors Passenger Vehicles MD Shailesh Chandra said.
The reduction in GST on passenger vehicles, effective September 22, is a progressive and timely decision that will make personal mobility more accessible for millions across India, he noted. Chandra said that the GST rate cut will make the company's popular range of cars and SUVs even more accessible across segments, enabling first-time buyers and accelerating the shift towards new-age mobility for a wider spectrum of customers.
The GST Council, earlier this week, approved limiting slabs to 5 per cent and 18 per cent, effective from September 22, the first day of Navaratri. Under it, petrol, LPG and CNG vehicles of less than 1,200 cc and not more than 4,000 mm length and diesel vehicles of up to 1,500 cc and 4,000 mm length would move to the 18 per cent rate. All automobiles exceeding 1,200 cc and longer than 4,000 mm will be charged with a 40 per cent levy.
(With PTI inputs)