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.

RECENT STORIES

ABC To Build Cross-Platform Currency For Confident Brand Spends, Says Karunesh Bajaj

ABC To Build Cross-Platform Currency For Confident Brand Spends, Says Karunesh Bajaj

'GST Rate Cut Will Counter US Tariff Hike, India To Keep Buying Russian Oil': Union Finance Minister...

'GST Rate Cut Will Counter US Tariff Hike, India To Keep Buying Russian Oil': Union Finance Minister...

‘Something Coming To Help Them’: FM Nirmala Sitharaman Says Relief Package For Exporters...

‘Something Coming To Help Them’: FM Nirmala Sitharaman Says Relief Package For Exporters...

Net GST Revenue Shortfall To Be Offset By Higher RBI Dividend Transfer: CareEdge Report

Net GST Revenue Shortfall To Be Offset By Higher RBI Dividend Transfer: CareEdge Report

Gold Jumps ₹900 Near Record High On Rupee Weakness, Fed Rate Cut Hopes

Gold Jumps ₹900 Near Record High On Rupee Weakness, Fed Rate Cut Hopes