Tata Motors Will Raise Prices of its Models from January 2018

  • Published On: 12 December 2017
  • 800 Views

Prices will rise by up to Rs 25,000, depending on the model

The company stated that rising input-cost are the reason behind the price increase. "The changing market conditions, rising input costs and various external economic factors have compelled us to consider the price increase,” said Mayank Pareek, President, Passenger Vehicle Business, Tata Motors.

Carmakers like Skoda, Isuzu and Toyota have also recently announced a price hike stating similar reasons. The recently launched Tiago hatchback, Tigor Sedan and Nexon compact SUV have contributed significantly to the company's recent growth. Since September, Tata has sold 5,871 units of the Nexon as of October-end and the company expects to sell over 2,500 units in November. The company recently rolled out its 10,000 th Nexon from its factory.

News You May Like

Mumbai’s Vintage Car Fiesta takes over the city

The 2017 Vintage Car Fiesta saw owners showcase over 100 rare automobiles on the streets of Mumbai.

Read More
Mercedes offers new service packages on latest E-class

The carmaker says that the new schemes are aimed at reducing ownership costs, and are more affordable than the competition.

Read More
Download App