Tata Motors to hike prices of passenger vehicles from Jan 2017

The company will increase prices of its passenger vehicles starting from Rs 5,000 up to Rs 25,000 depending on the model due to various macro-economic factors.

December 12, 2016 / 20:23 IST

26 Aug, 2025 12:21

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Moneycontrol BureauRupee depreciation against dollar and yen, increase in steel, rubber, aluminium and copper prices are some of the factors for many of the car companies to hike prices. Tata Motors too has joined the league and will increase prices of its passenger vehicles starting from Rs 5,000 up to Rs 25,000 depending on the model, with effect from January 1, 2017.

Prices of passenger vehicles have been inflated due to various macro-economic factors, said Mayank Pareek, President, Passenger Vehicle Business of Tata Motors.The company is also gearing up for its next launch of the HEXA in January, 2017.

first published: Dec 12, 2016 04:15 pm

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