Priced at Rs 4.31 lakh, the new model from the Ace platform, Ace Mega is 10-12 per cent costlier than the existing models and comes with a 1-tonne capacity, offering best-in-class speed of 90 km ensuring low turnaround time and hence more trips and a high mileage of 18.5 kmpl.ĭespite falling sales in the LCV segment, the company said Ace still is the leader, with one in five models sold across the industry being an Ace. Earlier financiers were offering up to 95 per cent of the price of the vehicle but today this is down to 80-85 per cent, which leaves a buyer in liquidity crisis, he noted. He also attributed the slump in the market to lack of financing options available. But it is still early days and since there is no last mile connectivity demand even now because LCVs are the last-mile connectors," Tata Motors executive director Ravi Pisharody said here. Tata Motors launches all-new Mega Pick-up ACE MEGA, in Nepal Key highlights: A sturdy vehicle capable to take on varied terrains with a rated payload. ![]() ![]() "I do hope a revival in the light commercial vehicle (LCV) segment six months down the line. Mumbai: Tata Motors, the country's largest manufacturer of commercial vehicles, on Thursday launched a new model of its successful small pick-up truck Ace and said it expects the LCV (light commercial vehicle) segment to pick up in six months.
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