This year many car makers have increased the price of their vehicles. Tata Motors, one of India’s largest carmakers, is also involved in this. The company, while announcing today on Tuesday, January 18, informed that the price of all their passenger vehicles has now increased. The company also said that the increased price will be applicable from tomorrow i.e. Wednesday, January 19.
How much did the price increase?
Giving information, Tata Motors said that the price of all their passenger vehicles will now increase by about 0.9%. In such a situation, now buying Tata vehicles will be more heavy on your pocket.
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Price has increased last year also
Tata Motors has increased the price of its vehicles more than once before. The company has also increased the price of different models at different times. The company has also increased the prices of its commercial vehicles last year.
reason for raising the price
Talking about the reason for Tata Motors increasing the prices of its passenger vehicles, it is due to the continuous increase in the prices of essential goods, raw materials and other input costs for some time now. The automobile business has also been hurt by the global shortage of semiconductor chips due to the Corona epidemic. In such a situation, to reduce the pressure of rising expenses and cost, the company has once again increased the price of its passenger vehicles.
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