1 week ago
Tata Motors To Raise Car, SUV Prices From September
Tata Motors Passenger Vehicles plans to make some cars and SUVs more expensive.
The new prices will start on September 1.
Prices could rise by as much as Rs 25,000.
The exact increase will depend on the model and version of the vehicle.
The change applies to petrol- and diesel-powered vehicles as well as electric vehicles.
This is the company's third price change this year.
Tata Motors says its costs have been rising.
It will pay for some of those higher costs itself but pass part of them on to customers.
Tata Motors Passenger Vehicles will raise car and SUV prices by up to Rs 25,000 from September 1.
The increase will vary across models and variants.
The price hike will apply to both internal combustion engine and electric vehicles.
This will be the company's third price revision this year.
The company said the increase will partly offset rising input costs and sustained inflationary pressures.
- Who
- Tata Motors Passenger Vehicles.
- What
- The company will raise prices of its cars and SUVs by up to Rs 25,000.
- Where
- Not specified in the article.
- When
- From September 1.
- Why
- To partially offset rising input costs and sustained inflationary pressures.
Key facts
- Maximum increase
- Rs 25,000
- Effective date
- September 1
- Vehicles affected
- Cars and sport utility vehicles
- Powertrains affected
- Internal combustion engine and electric vehicles
- Revisions this year
- Third price revision
- Stated reason
- Rising input costs and sustained inflationary pressures
Sources
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