Homegrown car manufacturer, Tata Motors has announced that the company will soon increase the prices of its entire range of cars. The price hike will be effective from January 1, 2018. The company has revealed that prices of its cars will be increased by up to INR 25,000 depending on the model and the variant. The price hike is as a result of rising production costs and increase in logistics cost. Also Read: Upcoming Tata Motors Cars to Launch in India in 2018-19
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Tata Motors currently sells the Tata Hexa, Tiago, Tigor Styleback, Tata Zest, Bolt and the recently launched Tata Nexon sub-compact SUV in India. In fact, Tata Motors has revealed that the introductory prices of the Tata Nexon compact SUV will be valid till December 31, 2017 and will be increased from January 1. The Tata Nexon is currently priced between INR 5.85 lakh (ex-showroom) for the petrol baser variant to INR 9.45 lakh (ex-showroom) for the diesel top-end model. Read More: Tata X451 (Baleno, i20 Rival) Rendering; Expected Price, Images, Launch Date
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The Tata Nexon is available with turbo-charged petrol and diesel engine options, mated to a 6-speed manual transmission. On the other hand, the Tata Tigor and the Tiago are powered by a 1.2-litre petrol unit and a 1.05-litre diesel engine, mated to a 5-speed manual transmission along with an optional 5-speed AMT gearbox. The Tata Hexa is available only with a 2.2-litre diesel engine, mated to a 6-speed manual as well as automatic transmission. Also Read: Tata Nexon AMT India Launch by March 2018; Price in India, Variants, Specs, Features
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Speaking about the price hike, Mr. Mayank Parekh, President – Passenger Vehicle Business, Tata Motors, said, “The changing market conditions, rising input costs and various external economic factors have compelled us to consider the price increase. We are optimistic on maintaining our growth trajectory in the coming year on the back of our robust product portfolio like Tata Tiago, Hexa, Tigor and the recently launched Nexon.”Also Read - Maruti Suzuki Celerio Vs Tata Tiago Vs Hyundai Santro: Which One Will Burn Biggest Hole In Your Pocket?

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