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Tata Motors to hike prices of its passenger vehicles from New year

Auto News - Published on Fri, 14 Dec 2018

Image Source: ET Auto
Home-grown automaker, Tata Motors announced that it would be increasing prices of its entire passenger vehicles range by up to INR 40,000, starting 1st January 2019. This hike in price is due to rising input costs and increase in fuel prices.

Mr Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors said that “The changing market conditions, rising input costs and various external economic factors have compelled us to consider this price increase. We are optimistic on maintaining our growth trajectory in the coming year on the back of our robust portfolio consisting of segment-leading products like TIAGO, HEXA, TIGOR and the NEXON.”

Source :

Posted By : Joykumar Irom on Fri, 14 Dec 2018
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