2024-04-19 18:41:14
Tata Motors's Passenger Vehicles To Cost More From February 1 - Democratic Voice USA
Tata Motors’s Passenger Vehicles To Cost More From February 1

The company sells various models like Nexon, Harrier, Safari and Punch in the domestic market.

New Delhi:

Tata Motors on Friday said it will increase prices of its internal combustion engine-powered passenger vehicle range by 1.2 per cent on a weighted average basis from February 1.

The company has been absorbing a significant portion of the increased costs on account of regulatory changes and a rise in overall input costs, and is hence passing on some portion through this hike, the auto major said in a statement.

Effective February 1, 2023, the weighted average increase will be 1.2 per cent, depending on the variant and model, it added.

The company sells various models like Nexon, Harrier, Safari and Punch in the domestic market.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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Source link: https://www.ndtv.com/business/tata-motors-to-hike-passenger-vehicle-prices-from-feb-1-3729038

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