Ashwini Vaishnaw1 hr ago
Tata Motors to hike car prices by up to Rs 25,000
Written By IANS
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Tata Motors said in a statement on Saturday that the prices will be hiked due to rising input costs and external economic conditions. Image source: PTI
Automobile major Tata Motors will increase prices of its passenger vehicles range by up to Rs 25,000 starting April 2019. The company said in a statement on Saturday that the prices will be hiked due to rising input costs and external economic conditions.
According to Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors: "The changing market conditions, rising input costs and various external economic factors have compelled us to consider this price increase."
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"We are confident of maintaining our growth trajectory in the coming months on the back of our robust portfolio consisting of segment-leading products like Tiago, Hexa, Tigor, Nexon and Harrier."
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