Representative image 
Business

Tata Motors to hike prices of passenger vehicles

The passenger car segment is logging good monthly growth for the industry players.

IANS

CHENNAI: Automobile major Tata Motors Ltd on Saturday said it will be increasing the prices of its passenger vehicles effective from November 7.

The passenger car segment is logging good monthly growth for the industry players.

While Tata Motors did not specify the model wise price hike, it said the weighted average increase will be 0.9 per cent depending on the variant and the model.

"The company has been absorbing a significant portion of the increased costs but the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike," Tata Motors said.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

CM Vijay orders closure of 717 TASMAC outlets near temples, schools and bus stands

Galleries of the House unusually packed just for a glimpse of CM Vijay

IT union seeks WFH from new TN govt after PM’s appeal

Krishnagiri's mango economy beaten to pulp

Transforming lives: SHG women hone their business skills via Magizh Cafe kiosks