Tata Motors cuts passenger vehicle prices by up to Rs 2.17 lakh

NEW DELHI: Tata Motors on Wednesday slashed prices of its passenger vehicles by Rs 3300-217000 passing on price benefits to its customers post GST.

Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors, said, “We whole-heartedly welcome the initiative by the Union Government for introducing GST thereby bringing in one uniform tax across the country. This will enhance the ease of doing business and usher in a new era for the economy in general and especially, for the automotive industry. Following the roll out of GST, we have decided to pass on the entire benefit to our customers. We are offering a price reduction of upto 12% ranging between INR. 3300 and INR. 217000 depending on the model and variant. With a strong focus to encourage positive buying sentiments, we have taken this step."

Maruti Suzuki, Ford, Honda Cars among others have all rationalised prices since the nationwide implementation of GST from July 1, 2017.