Tata Motors announces price hike on passenger vehicles, effective from this date

Vehicle manufacturer Tata Motors has announced a marginal price hike on its passenger vehicles. Effective from January 19, 2022, an average increase of 0.9% will be implemented, depending on the variant and model, the company has mentioned.

At the same time, the Company has also taken a reduction of up to Rs 10,000 on specific variants, in response to feedback from customers, it informed.

While the company is absorbing a significant portion of the increased costs, the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike, it said. 

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In line with the company’s customer-first approach, it has again decided to offer price protection to all its customers who have reposed the faith and confidence in the Tata Motors’ New Forever range. Assures no impact on Tata cars booked on or before January 18, 2022.