Tata Motors develops versatile Tatamobiles for defence and security forces in the country
Results 1 to 4 of 4
Tata Motors Lifts Up Commercial Vehicle Rates
After lifting up costs of its passenger cars accompanying increase in excise duty in the Union Budget 2012-13, Tata Motors, stated its complete variety of commercial vehicles have also become costlier by around Rs 60,000.
Tata Motors President (Commercial Vehicle Business Unit) Ravi Pisharody stated, “We have hiked the prices of our commercial vehicles by 2-5 per cent considering hikes in excise duty on vehicles and chassis. This has been done with effect from March 17 (2012).”
Stating that the increase would deviate between Rs 5,000 and Rs 60,000 on different models, he stated that this would have some impact on sales in the coming time.
Mr. Pisharody commented, “It usually takes 4-6 months to fully absorb the hike by the market.”
Tata Motors is anticipating an increase of 18-19% in its commercial vehicle sales in the existing financial year.
In the meantime, Tata Motors showcased a latest micro bullet-proof vehicle (MBPV) at the expo, a highly mobile combat vehicle for indoor combat inside airports, railway stations and other such infrastructure, in addition to rolling out four other defence vehicles such as the Tata 12x12 Prahaar Missile Carrier, the Tata Light Armoured Vehicle, the Tata Mobile Bunker and the Tata 6x6 Refueler.
Tata Motors MD (India Operations) P. M. Telang said, “The launch of our new combat and tactical vehicles and equipment, leveraged from our strength in design and development of a wide range of commercial vehicles, now enables us to cover the entire defence mobility spectrum.”
Tata Motors develops versatile Tatamobiles for defence and security forces in the country
Tata Motors-owned Jaguar to launch sports car F-Type next year
there're reports that the shares of Tata Motors zoomed 90% during the last 6 months.
