Price Hike Alert: The giant motor company Tata Motors has decided to increase the prices of its cars.
Price Hike Alert: Veteran motor company Tata Motors has decided to increase the prices of its cars. Today, on Saturday (April 23), the company has announced to increase the prices of its passenger trains by an average of 1.1 percent. The increased prices are applicable with immediate effect. The company has decided to increase the prices due to increase in input cost. However, according to the company, the full cost of the increase in cost is not being passed on to the customers. According to the company’s announcement, the prices have been increased according to the variant and model.
Maruti Suzuki has already increased the price
The country’s largest car maker Maruti Suzuki India (MSI) has already increased the prices of its cars. The company has increased the prices of all its models by 0.9 percent to 1.9 percent. The new prices have been implemented few days back. MSI had increased the prices of its vehicles by about 8.8 percent from January 2021 to March 2022.