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Tata Motors has reduced prices of its passenger cars, which includes Indica and Manza by up to Rs 50,000 in order to avoid falling sales in recent months. However, automaker has increased the prices of its sports utility vehicle range, comprising Sumo, Safari and Aria, by up to Rs 35,000 following the excise duty hike in the Budget.

The company has reduced the rates of passenger cars between Rs 29,000 and Rs 50,000 with immediate effect but it is not changing the prices of its small car Nano. Indica range is priced between Rs 3.29 lakh and Rs 4.88 lakh, while the Manza is available for Rs 5.71- 8.80 lakh.

Automobile manufacturer’ sales have been falling drastically in the recent months. In February, the total passenger vehicle sales in the domestic market stood at 10,613 units, down 69.53% from 34,832 units in the same month last year.

 

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