Tata Motors said that from January, it will be increasing the price of its entire passenger vehicle mode range by up to Rs 20,000.
Tata Motors said in a statement that “Due to the impact of various macro-economic factors, Tata Motors has decided to increase the prices of its passenger vehicles, with the maximum increase being upto Rs 20,000 on some models”.
Various car makers including Hyundai Motor India, Maruti Suzuki India, Toyota, General Motors India and German luxury car makers Mercedes Benz and BMW have already announced an increase in prices of their vehicles across models from January to offset rising input costs.