Sunday, May 22, 2022

Tata Cars Price Hike: After Maruti, Tata Cars Get Expensive

Story Highlights

  • Tata slashes prices of some cars by up to Rs 10,000
  • Maruti cars have become costlier by 30,000

A few days ago, the country’s largest car company Maruti Suzuki India increased the prices of its cars. Now the name of Tata Motors has also been added to this episode. Know how much the price of Tata vehicles increased

Tata cars become expensive
Tata Motors has increased the prices of its vehicles by an average of 0.9%. It will depend on the different vehicles, their models and variants. The company says that the increased prices of cars will be applicable from January 19, 2022. However, those who have booked the car before January 18 will not have to pay this increased price at the time of delivery.

Whereas, based on the feedback from the customers, the company has also reduced the prices of some of its special variants by up to Rs 10,000.

cost has increased
Tata Motors says that the cost of production of vehicles has increased. The company has tried to bear a major part of this increased cost burden on its own, while passing only a very small part of it to the customers in the form of price hike.

maruti has increased the price
Even before Tata, Maruti has increased the prices of its cars. The company has increased the prices of various models by 0.1 percent to 4.3 percent due to increase in input cost. Maruti Suzuki India says that the prices of steel, aluminum, copper, plastic and other raw materials have increased rapidly. Therefore, the price of the company’s cars has to be increased. Due to this, Maruti’s cars have become expensive by Rs 8,000 to Rs 30,000. The highest price has increased for the WagonR.

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