All Tata passenger vehicles will be expensive, the decision has been taken due to increase in input costs

The major Indian automaker announced that it has chosen to raise the cost of every Tata vehicle sold in the country. The decision was made as a result of rising input costs. To partially balance the prices, the company plans to raise prices. We would like to inform you that the company has not released any information about the new prices.

Sun, 21 Jan 2024 09:20 PM (IST)
 0
All Tata passenger vehicles will be expensive, the decision has been taken due to increase in input costs

Vehicles from Tata Motors will soon have higher prices. The manufacturer of the vehicle has announced that all of the company's passenger vehicles will increase in price starting on the first of next month. On Sunday, Tata Motors declared that starting on February 1, 2024, the prices of all of its passenger cars will increase by an average of 0.7%.

The major Indian automaker announced that it has chosen to raise the cost of every Tata vehicle sold in the country. The decision was made as a result of rising input costs. To partially balance the prices, the corporation plans to raise prices. We would like to inform you that the company has not released any information about the new rates. The prices following the modification won't be known until the following month.

The new prices for passenger cars will be greater than the present rates following Tata's decision. Tata Motors has made it clear that the price rise will be imposed on all of its electric and internal combustion engine (ICE)-powered automobiles. This decision has been taken after the launch of the recently launched Tata Punch EV.

Before Tata Motors, Maruti Suzuki has also recently released a new price list. Maruti has decided to increase its vehicle portfolio by 0.45 per cent. Apart from Tata and Maruti Suzuki, several other carmakers in India have already announced price hikes in the last two months.

Muskan Kumawat Journalist & Writer