Tata Motors to increase prices of its passenger vehicles, effective May 1
Mumbai: Tata Motors, a vehicle manufacturer, on Friday announced that it will marginally increase price of its passenger vehicles from May 1, 2023. The weighted average increase will be 0.6%, depending on the variant and model.
"Tata Motors has been absorbing a significant portion of the increased costs on account of regulatory changes & rise in overall input costs and is hence compelled to pass on some proportion through this hike," read the statement issued by Tata Motors.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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