-3.55 (-1.08%) Tata Motors has trimmed prices of its passenger cars to clear year-end inventory. It has also offered to sell Tata cars at a down payment of Rs 1 and buyers can avail savings of up to Rs 1 lakh, depending on the model and variant.
While the ex-showroom price of Hexa has been reduced by Rs 78,000, Tiago will cost Rs 26,000 less. Tigor has seen a price reduction of Rs 32,000, while Zest will cost RS 68,000 lesser. The company has announced a discount of RS 1 lakh on Tata Safari.
Tata Motors has also tied up with financiers and banks to offer up to 100% funding through finance schemes on the passenger vehicles.
Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.