Mumbai, January 18, 2022: Tata Motors, India’s leading vehicle manufacturer has announced a marginal price hike on its passenger vehicles. Effective January 19, 2022, an average increase of 0.9% will be implemented (depending on the variant and model). We have cut prices on our products by up to 10,000 rupees in response to customers' feedback Tata Motors said.
When input costs go up significantly, companies often try to pass on some of the cost increases to their customers. We've been absorbing a lot of the increased costs, but we realize that a small price hike is necessary.
In line with its customer-first approach, Tata Motors has again decided to offer price protection to all its customers who have reposed the faith and confidence in the company's new Forever range. Assures no impact on Tata cars booked on or before January 18, 2022.