Tata Motors to increase prices across passenger vehicle range, Including ICE and electric models
Tata Motors plans to increase prices for both internal combustion engine and electric models by an average of 0.6% from July 17, citing the impact of past input cost fluctuations. Customers who book vehicles before July 16 and receive deliveries by July 31 will be exempt from the price hike.
Tata Motors disclosed its intention on Monday to increase prices for both internal combustion engine (ICE) and electric models across its passenger vehicle lineup. The planned price hike, averaging 0.6 per cent for all models and variants, is scheduled to take effect from July 17. The company attributed the need for this increase to offset the enduring impact of past fluctuations in input costs.