Tata Motors to hike passenger vehicle prices from Feb 1

Tata Motors to hike passenger vehicle prices from Feb 1

Depending on the variant and model, the weighted average increase will be 1.2% as of February 1, 2023, it was said

FPJ Web DeskUpdated: Friday, January 27, 2023, 05:26 PM IST
article-image
Tata Motors to hike passenger vehicle prices from Feb 1 | Image: Tata Motors (Representative)

Tata Motors on Friday said it will increase prices of its internal combustion engine-powered passenger vehicle range by 1.2 per cent on a weighted average basis from February 1.

The company has been passing along part of the cost increases brought on by regulatory changes and an increase in overall input costs after absorbing a sizeable percentage of those costs, according to a statement from the automaker.

Depending on the variant and model, the weighted average increase will be 1.2% as of February 1, 2023, it was said.

In the domestic market, the company offers a variety of models including Nexon, Harrier, Safari, and Punch.

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Adani Group stocks trade higher after 2-day fall; Adani Enterprises jumps over 5%

Adani Group stocks trade higher after 2-day fall; Adani Enterprises jumps over 5%

Gpay, Paytm and other UPI merchant transactions over ₹ 2,000 to be charged from Apr 1

Gpay, Paytm and other UPI merchant transactions over ₹ 2,000 to be charged from Apr 1

Adani responds to The Ken’s report on repayment of loans against shares

Adani responds to The Ken’s report on repayment of loans against shares

Granules Consumer Health Inc. inaugurates its packaging facility in the U.S.

Granules Consumer Health Inc. inaugurates its packaging facility in the U.S.

Shree Cement Ltd reports IT security incident

Shree Cement Ltd reports IT security incident