Tata Motors to Cut prices of its products by 2%
India's leading passenger vehicle manufacturer Tata Motors has decided to cut down prices of its products. The news came after the government announced the cut in excise duty by 2%. Ashok Leyland and Apollo Tyres will also cut down the prices of their products by 2% to pass down the benefit to its customers.
Ritesh
Published On Feb 25, 2009 16:49 IST
Published OnFeb 25, 2009 16:49 IST
Last Updated OnFeb 25, 2009 16:49 IST
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India's leading passenger vehicle manufacturer Tata Motors has decided to cut down prices of its products. The news came after the government announced the cut in excise duty by 2%. Ashok Leyland and Apollo Tyres will also cut down the prices of their products by 2% to pass down the benefit to its customers.
According to a statement given by Ashok Leyland Managing Director R Seshasayee to a media group the company will pass on this benefit to its customers as the new rates will be applied.
At the other hand Tata Motors is now in the final stage of its most ambitious project Tata Nano. The Nano will be launched in April and by this price cut products of Tata Motors become cheaper by 2%.
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<p>Having worked as an Auto Journalist for the past 5 years, Ritesh is keenly passionate about digging more on automobiles and things related. His journey as a journalist so far consists of different profiles that helped him groom on various platforms within the automobiles industry. He kept rolling on technical experience during his career as a Road Test Editor, which finally took him to a level where he turned to be an Editor-in-Chief of CarDekho.com, India's no. #1 automotive giant. </p>
<p>Another side of his creative life is easily visible the photography that he carries out in order to serve the CarDekho news readers with the latest and natural pictures of newly launched cars. Additionally, he is the one who foresees all auto news articles that are to be published making it sure that CarDekho readers get the latest and the best automotive news first. "Life is a highway, keep driving", Says Ritesh.</p>Read more
