Tata Motors Ltd to hike prices of passenger vehicles
Tata Motors Ltd said that it will increase prices of its passenger vehicles by up to Rs 40,000, starting January 1, 2019, in order to offset rising input costs and increase in fuel prices. Tata Motors shares 2.14% up at Rs 167.40 per share.
The company’s passenger vehicles portfolio ranges from entry-level small car Nano to the premium SUV Hexa, which are currently priced between Rs 2.36 lakh and Rs 17.97 lakh (ex-showroom Delhi). The company will launch its new premium SUV Harrier in January.
Tata Motors Ltd to hike prices of passenger vehicles <