Tata Motors to Hike Car Prices in January 2024
By Rediff Money Desk, NEWDELHI Nov 27, 2023 18:02
Tata Motors is considering increasing prices of its passenger and electric vehicles in January 2024. The company joins other automakers like Maruti Suzuki and Audi in planning price hikes.
![Tata Motors to Hike Car Prices in January 2024](https://im.rediff.com/money/2018/dec/16tata-motors.jpg)
Photograph: Saumya Khandelwal/Reuters
New Delhi, Nov 27 (PTI) Tata Motors on Monday said it is considering increasing prices of its passenger and electric vehicles in January 2024.
The company, which sells a range of passenger vehicles starting with hatchback Tiago to premium SUV Safari priced between Rs 5.6 lakh and Rs 25.94 lakh, however, did not specify the quantum of the proposed hike.
"We are considering a price hike across our passenger and electric vehicles in January 2024. The extent of the hike and exact details will be announced in a few weeks," a Tata Motors spokesperson said.
The company joins the likes of Maruti Suzuki India and Audi, which have also planned to increase prices of their vehicles in January 2024.
The company, which sells a range of passenger vehicles starting with hatchback Tiago to premium SUV Safari priced between Rs 5.6 lakh and Rs 25.94 lakh, however, did not specify the quantum of the proposed hike.
"We are considering a price hike across our passenger and electric vehicles in January 2024. The extent of the hike and exact details will be announced in a few weeks," a Tata Motors spokesperson said.
The company joins the likes of Maruti Suzuki India and Audi, which have also planned to increase prices of their vehicles in January 2024.
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