Tata Motors on Saturday said it has increased prices of its passenger vehicle range with immediate effect to partially offset the impact of rising input costs.
Tata Motors, India’s leading vehicle manufacturer, has announced a price hike of its passenger vehicles. A weighted average increase in price of 0.55% will come into effect starting today, across the range, depending upon the variant and model.
The company has taken extensive measures to absorb significant portion of the increased input costs. However, to offset the residual impact of the accumulated increase in input costs, it is passing on a minimized price hike.