Tata Altroz diesel Prices Increased By Rs 40,000
In the run-up to this holiday season, the price of Tata Altroz diesel has been reduced to a slightly higher cash level.
Tata Motors has now cut diesel prices to Rs 40,000 by one month after the price increase of the Tata Altroz up to Rs 15,000. This subsequent revision of the lower price is to further boost demand and narrow the price gap between the former BS4 diesel Altroz and the present BS6 variant. “The price jump from BS4 to BS6 was somewhat excessive and we don’t want a dynamic that Altroz has already established,” said the source of Tata Motors. Also, Tata Motors is prepared to make the next Hyundai i20 arrive in October, as expected.
The Altroz diesel is currently unique in its segment but Tata’s premium hatchback will have a direct competitor, as it launches the third-gen i20, featuring a variety of new engines including the highly capable 1.5-liter U2 diesel engine.
Sales are heavily reduced in this segment to petrol models, so Honda Jazz, recently updated, does not come with a diesel engine. Once the company has abandoned diesel with the move into BS6, Maruti Suzuki Baleno will not get the diesel engine. Furthermore, only a petrol engine sells the current Hyundai Elite i20. With Altroz monthly sales reaching an all-time high of close to five thousand units in August 2020, Motors has been taken advantage of the lack of competition in the premium diesel hatch segment.
With new versions and new powertrain options, Tata will continue to update its premium hatchback. As we reported earlier, a two-cork automatic Tata Altroz dark edition is underway for Altroz petrol and an Altroz turbo-petrol is also on sale. Furthermore, the Tata Altroz EV was presented at the Auto Expo 2020. A schedule has, however, still to be officially disclosed for these launches.