Tata Motors to hike prices of its passenger vehicles by an average 0.6% from 17 July

Posted on:
Key Points

Bengaluru: Indian car maker Tata Motors said on Monday it will increase prices of its passenger vehicles by an average 0.6% across models and variants from July 17...

Tata Motors had announced price hikes of 1.2% in January and 0.6% in April, citing increased input costs and regulatory changes, respectively...

Vehicle prices across segments have increased in India after the government mandated automakers to fit them with a device to monitor emissions, sparking an increase in cost.. (Reporting by Varun Vyas in Bengaluru; Editing by Nivedita Bhattacharjee and Dhanya Ann Thoppil)..

You might be interested in

Tata Motors to raise prices of passenger vehicles for second time in 2023. Here’s why

14, Apr, 23

. The price hike is set to take effect from May 1, as per the automaker's recent press release. This marks the second time in 2023 that Tata Motors has raised prices, with the earlier increase being 1.2 percent in January.

Maruti Suzuki India to hike prices in Jan, quantum not finalised

27, Nov, 23

New Delhi, Nov 27 (PTI) Marti Suzuki India on Monday said it plans to increase prices of its vehicles in January 2024, citing cost pressure driven by overall inflation and increased commodity rates. The company, which sells a range of vehicles from entry-level small car Alto to multi-utility vehicle Invicto, priced between Rs 3.54 lakh […]

Tata Motors to increase prices of its PVs from Feb 1

22, Jan, 24

Tata Motors announces price hike across models, including Electric Vehicles (EVs), effective from February 1, 2024, to partially offset the rise in input costs. The company plans to increase prices by 0.7% on average. Earlier, Tata Motors had already announced a price hike for its commercial vehicle models to offset the residual impact of past input costs.

Tata Motors to hike EV prices. Here's when and by how much

22, Jan, 24

Tata Motors, India's leading automobile manufacturer, plans to hike vehicle prices, including EVs, by 0.7 percent starting February 1, 2024, to offset rising input costs. The price increase will vary across models, with popular ones like Tiago, Nexon, Harrier, Safari, and the recently launched Punch EV being affected. Despite the price hike, Tata Motors has seen a commendable 9 percent growth in overall passenger vehicle sales, including electric vehicles, in the domestic market.

Hyundai to increase vehicle prices from January 1

07, Dec, 23

The price increase is owing to rising input cost, adverse exchange rate and increase in commodity prices, amongst other reasons. Automaker Hyundai Motor India Ltd

Tata Motors reshuffles key executives in passenger vehicle business

07, Jan, 24

As part of the changes, Amit Kamat, general manager of the passenger vehicle business, has been elevated to chief commercial officer, TMPV. In his new role, he will oversee marketing, brand and customer experience for the fossil fuel-based business. All the operational heads directly responsible for these functions will report to him.

Tata Motors to develop software to control its electric powertrains

14, Jun, 23

Tata Motors is training its staff and vehicle certifications to mitigate the risk of data privacy of consumers and vehicle hacking

Maruti sets stage for price hikes in 2024

28, Nov, 23

Mahindra and Mahindra and Tata Motors also plan to raise prices for their automotive products in January.

Tata Motors to demerge biz into 2 listed entities

05, Mar, 24

Tata Motors on Monday said the board of directors has approved the proposal of demerger of Tata Motors Ltd into two separate listed companies. One entity...