Tata Motors car prices to increase by up to 3 pc from January, 2025
Tata Motors will hike the price of its passenger vehicles including electric vehicles, by up to 3 per cent from January next year.
Tata Motors has announced price hike for its passenger vehicles in India. The automobile maker stated that the price of it’s passenger vehicles including electric vehicles will increase by up to 3 per cent from January next year that is 2025.
According to the company official statement, the price hike has been imposed to partially offset the rise in input costs and inflation. The statement added that the price increase will vary depending on model and variant. It will come into effect from January 2025.
apart from Tata Motors, many others car makers have also imposed price hike on their car models including Maruti Suzuki, Hyundai, Mahindra and JSW MG Motor.
Like Tata Motors, all the other mentioned car makers will hike prices of their vehicles frfom January next year.
Apart from these, the Luxury automakers like Mercdes-Benz India, Audi and BMW have also announced the increase in prices from January.
The reason behind the price hike is cited due to a rise in input costs and operational expenses.
