Tata Motors To Hike Prices From Jan 19

Tata Motors 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. At the same time, the Company has also taken a reduction of up to Rs 10,000 on specific variants, in response to feedback from customers. 

“While the company is absorbing a significant portion of the increased costs, the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike.” The carmaker said in a statement.

The company is offering price protection to its customers who have booked Tata Cars on or before January 18.