Tata Motors Hikes Price Throughout Range — Read More

Due to various macroeconomic factors, Tata Motors has announced a price hike, effective January 1, 2017.

By Rajkamal

Tata Motors, one of India's largest vehicle manufacturer has officially announced a price hike across its range through an official statement.

Tata Motors Hikes Price Throughout Range — Read More

The statement justifies the price hike, sighting various macroeconomic factors, and the hike will increase prices by Rs 5,000 to Rs 25,000, depending on the models. The hike will be effective January 1, 2017.

Tata Motors Hikes Price Throughout Range — Read More

Mayank Pareek, the President, Passenger Vehicle Business, Tata Motors said, "The increase in prices of raw material commodities like steel, aluminium, copper and rubber over a period of time has put a lot of pressure on us and as a resultant we are forced to hike prices of our passenger vehicles."

Tata Motors Hikes Price Throughout Range — Read More

"We are seeing good demand for our cars and have witnessed month on month growth owing to the Tiago. We are gearing up for our next launch of the HEXA in January 2017."

Tata Motors Hikes Price Throughout Range — Read More

The hike in price is a common factor towards the end of the year, as many carmakers increase prices to keep up with the latest value of goods and raw material.

Tata Motors Hikes Price Throughout Range — Read More

Tata Motors will not be the only manufacturer to hike prices, as many other manufacturers are expected to do the same. Stay tuned as we bring you latest updates about the automotive industry.

Most Read Articles

English
Read more on: #tata motors #auto news
Article Published On: Monday, December 12, 2016, 15:55 [IST]
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X